Crypto / Digital Assets

AML / KYC

FCA Sets Out Expectations on Crypto Travel Rule Compliance

By Manesh Samtani | 18/08/2023

UK firms that receive a crypto transfer with incomplete information may block the beneficiary from accessing the crypto.

Crypto / Digital Assets

Coinbase Successfully Registers as Futures Commission Merchant

By Editors | 17/08/2023

This is the first time a crypto-native platform in the US has been granted approval to offer crypto futures alongside traditional spot crypto trading.

Crypto / Digital Assets

FDIC Adds Crypto as Key Risk in Annual Review Report

By Editors | 17/08/2023

The FDIC says it has developed processes to engage in “robust supervisory discussions” with banks on crypto-asset risks.

Crypto / Digital Assets

Euronext Amsterdam Lists Europe’s First Spot Bitcoin ETF

By Editors | 16/08/2023

The ETF is managed by Jacobi Asset Management and uses the FT Wilshire Bitcoin Blended Price Index as its reference.

Crypto / Digital Assets

Singapore Finalises Regulatory Framework for Stablecoins

By Ranamita Chakraborty | 15/08/2023

Stablecoin issuers will have to meet specific requirements on reserve assets, capital, liquid assets and disclosure to become licensed in Singapore.

Crypto / Digital Assets

US Prosecutors File Amended Indictment Against Sam Bankman-Fried

By Editors | 15/08/2023

The new indictment drops a campaign finance charge but includes an illegal campaign finance scheme as part of original fraud and money laundering charges.

Crypto / Digital Assets

MUFG, NTT Data Announce Partnership on Digital Corporate Bonds

By Editors | 14/08/2023

NTT Data will connect its corporate bond issuance infrastructure directly to MUFG’s Progmat platform for issuing security tokens.

Crypto / Digital Assets

SFC Grants ‘Approval In-Principle’ to HKVAX for Virtual Asset Trading

By Editors | 14/08/2023

Hong Kong’s SFC grants “in-principle” approval to HKVAX, the first given since the VATP licences granted to HashKey and OSL earlier this month.

Crypto / Digital Assets

Bank of Canada Discusses Potential Challenges of CBDC Adoption

By Editors | 14/08/2023

Consumers with unmet payment needs could only benefit from a CBDC if it is adopted widely by other consumers and merchants.