Crypto / Digital Assets

Crypto / Digital Assets

Malaysia’s Fusang Exchange Issues First Institutional Tokenised Sukuk

By Editors | 01/11/2023

The digital sukuk is os structured as a depositary receipt, backed by a sukuk issued by the International Islamic Liquidity Management Corp.

Crypto / Digital Assets

UK Confirms Plans to Implement New Rules for Crypto, Stablecoin

By Editors | 31/10/2023

Treasury says the government aims to have legislation for the new regime before Parliament in 2024.

Crypto / Digital Assets

ANNA Issues First Set of ISINs for Crypto Assets

By Manesh Samtani | 31/10/2023

Crypto assets with a registered DTI can now also be issued an ISIN. Currently, there are already 108 ISIN–DTI pairs.

Crypto / Digital Assets

UnionBank Becomes First Philippine Bank to Obtain VASP Licence

By Editors | 31/10/2023

The bank said it will use the new licence to expand its offerings and provide clients a broader range of financial services powered by blockchain.

AML / KYC

Elliptic Corrects Media and US Senator over Reporting on Hamas Crypto Funding

By Editors | 31/10/2023

Blockchain analytics firm says the WSJ and Senator Elizabeth Warren misrepresented its research in overstating the funding Hamas received through cryptocurrency.

Crypto / Digital Assets

MAS Establishes Project Guardian Policymaker Group

By Editors | 30/10/2023

MAS will work with Japan’s FSA, the UK’s FCA and Switzerland’s FINMA to advance the development of tokenised digital assets.

Crypto / Digital Assets

HKMA Unveils Findings from 1st Phase of e-HKD Pilot

By Manesh Samtani | 30/10/2023

Another pilot will take place next year, potentially exploring corporate payments, cross-border payments, and blockchain interoperability.

Crypto / Digital Assets

Taiwan Lawmakers Introduce Bill to Regulate Crypto Sector

By Editors | 30/10/2023

The bill will introduce a licensing system for crypto firms, along with requirements to segregate client assets and protect customer funds.

Crypto / Digital Assets

OFAC Targets Hamas Finances With New Sanctions

By Editors | 30/10/2023

The new designations underscore the “critical role Iran plays” in providing support to Hamas, said deputy Treasury secretary Wally Adeyemo.