Crypto / Digital Assets

Capital / Liquidity

FSB Warns of ‘Further Shocks’ in G20 Progress Update

By Manesh Samtani | 06/09/2023

The update also discusses the FSB’s work to address NBFI risks, implement its recommendations on crypto regulations, and respond to climate-related risks.

Crypto / Digital Assets

Australia: Senate Committee Rejects Andrew Bragg Crypto Bill

By Manesh Samtani | 05/09/2023

The committee said consultations planned by the government are the most appropriate way to develop a regulatory framework for digital assets.

Crypto / Digital Assets

LSEG to Push Forward Plans to Develop Digital Markets Business

By Editors | 05/09/2023

LSEG has been exploring a possible blockchain-powered trading venue for about a year and has now reached an “inflection point”.

Crypto / Digital Assets

Japan FSA Asks Government to Review Crypto Tax Policy

By Editors | 04/09/2023

The FSA is seeking a review of the existing requirement for companies to pay tax on unrealised crypto gains.

AML / KYC

Crypto Travel Rule Comes into Force in the UK

By Editors | 04/09/2023

The UK is now one of several jurisdictions to have now implemented the travel rule for the crypto sector.

Crypto / Digital Assets

Swift Publishes Findings from Tokenisation Experiments

By Editors | 04/09/2023

Swift says its existing infrastructure can provide a single point of entry for FIs to move tokenised assets across blockchains.

AML / KYC

KoFIU Fines, Suspends Crypto Lender for AML Violations

By Editors | 04/09/2023

Crypto lender Delio failed to assess money laundering risks, had KYC lapses, and failed to restrict transactions with unregistered VASPs.

Crypto / Digital Assets

SFC Grants In-Principle Approval to Swiss Crypto Bank, SEBA

By Manesh Samtani | 30/08/2023

SEBA plans to offer brokerage, advisory and asset management services in Hong Kong, covering securities, derivatives and crypto products.

Crypto / Digital Assets

US Court Orders SEC to Review Grayscale Bitcoin ETF Application

By Editors | 30/08/2023

The court said the SEC failed to adequately explain why it approved the listing of bitcoin futures ETPs but not Grayscale’s proposed spot bitcoin ETF.