CRYPTO / DIGITAL ASSETS

Crypto / Digital Assets

Nepal ISPs Ordered to Block Crypto Websites, Apps

By Editors | 17/01/2023

Nepal declared crypto illegal in September 2021. The order for ISPs and email providers to block crypto websites and apps is new.

Crypto / Digital Assets

BitConnect Victims Receive $17mn Restitution from Crypto Fraud

By Editors | 16/01/2023

BitConnect was an online crypto lending platform that collapsed in 2018, causing investor losses estimated at over USD 2.4 billion.

Crypto / Digital Assets

Thai Stock Exchange Unveils Three Year Strategic Plan

By Sanday Chongo Kabange | 16/01/2023

The strategic plan focuses on creating more opportunities for businesses and investors and ensuring the SET can accommodate capital market growth.

Enforcement

Thailand: SEC’s Latest Tool to Protect Crypto Investors: Free E-Learning

By Manesh Samtani | 16/01/2023

The ‘Crypto Academy’ is one of several measures the SEC has taken to protect crypto investors since local exchange Zipmex halted customer withdrawals in July 2022.

Crypto / Digital Assets

Samsung Asset Management Lists Hong Kong’s Third Crypto ETF

By Manesh Samtani | 16/01/2023

The ETF traded 92,550 units on its first day, compared to 1,435,800 units traded between CSOP’s two ETFs on their first day last month.

Crypto / Digital Assets

UK to Launch Digital Currency Consultations in Coming Weeks

By Mark Johnston | 15/01/2023

One consultation will cover the attributes of a digital pound. The other will cover the UK’s approach to regulating crypto and DeFi.

AML / KYC

Illicit Crypto Transactions Reached All-time High in 2022

By Editors | 15/01/2023

Chainalysis says 44 percent of 2022’s illicit transaction volume came from activity associated with sanctioned entities, including sanctioned crypto exchange Garantex.

Enforcement

US SEC Files Charges Against Crypto Firms Gemini, Genesis

By Editors | 13/01/2023

The SEC says the Gemini Earn programme, which allowed investors to earn interest on their crypto assets, constituted the offer and sale of unregistered securities.

Crypto / Digital Assets

PBOC Starts Including CBDC Data in Monthly Statistics Report

By Editors | 12/01/2023

e-CNY in circulation amounted to around $2bn at the end of December, representing 0.13 percent of total currency in circulation.