CRYPTO / DIGITAL ASSETS

Crypto / Digital Assets

US Banking Regulators Issue Statement Warning of Crypto Risks

By Editors | 04/01/2023

“It is important that risks related to the crypto-asset sector that cannot be mitigated or controlled do not migrate to the banking system,” the statement says.

Crypto / Digital Assets

US Court Sets October Date for Bankman-Fried Trial

By Manesh Samtani | 04/01/2023

Bankman-Fried pleaded not guilty to all eight charges against him. The court set a 2 October 2023 date for trial, which is expected to last about four weeks.

Crypto / Digital Assets

China Launching National Digital Assets Platform

By Editors | 03/01/2023

The platform will allow users to register, store and protect intellectual property rights and digital collectibles.

Crypto / Digital Assets

Japan Relaxing Rules on Stablecoins, Token Listings

By Editors | 03/01/2023

FSA proposes to allow crypto firms to handle transactions using foreign issued stablecoins. The JVCEA has relaxed its token listing rules.

Crypto / Digital Assets

Boston Fed, MIT Conclude CBDC Research Project

By Editors | 02/01/2023

Project Hamilton focused on better understanding the capabilities and limitations of different technologies that might be used to manage and transfer CBDCs.

Crypto / Digital Assets

UK ASA Orders Removal of “Misleading” Crypto.com Ad

By Editors | 27/12/2022

The ASA said the ad was misleading because “it failed to illustrate the risk of investing in NFTs” and “it didn’t make clear that fees would apply”.

Crypto / Digital Assets

Bank of Canada Papers Shine Spotlight on Stablecoins

By Sanday Chongo Kabange | 27/12/2022

The first paper calls for effective regulation to gain payments-related benefits. The second highlights concentration risks applicable to stablecoins and their holders.

Crypto / Digital Assets

Insurers Are Denying Coverage to Crypto Firms Linked to FTX

By Editors | 27/12/2022

When coverage is provided, it is becoming more pricey and contains broad policy exclusions that would deny any FTX-related claims.

Crypto / Digital Assets

HK Police Arrest Two Men Over Halted Crypto Exchange AAX

By Editors | 26/12/2022

Police say the two men falsely claimed AAX was undergoing “scheduled maintenance” to suspend user withdrawals. A third individual is said to be on the run.