Crypto / Digital Assets

Crypto / Digital Assets

Korean Prosecutors Probe “Illegal” Crypto Token Listings

By Editors | 22/03/2023

A Bithumb executive, former Coinone employee, and other crypto exchanges are said to have illegally listed crypto tokens on their platforms.

Crypto / Digital Assets

Taiwan Cabinet to Expand FSC’s Remit to Crypto Sector

By Editors | 22/03/2023

The FSC will focus on the segregation of customer assets at crypto exchanges, the supervision of token listings, and customer protection.

Crypto / Digital Assets

Korea: Ex-Coinone Executive Arrested Over Crypto Listings

By Editors | 21/03/2023

The former executive allegedly almost $1.5mn from brokers to list a specific cryptocurrency on the Coinone trading platform.

Crypto / Digital Assets

Mastercard Working on Integration to Enable Stablecoin Spending

By Sanday Chongo Kabange | 21/03/2023

The Mastercard-Stables project will allow users to spend stablecoin balances on everyday purchases without first converting it to fiat.

Enforcement

Bulgaria Extradites Former OneCoin Exec to Face US Charges

By Editors | 21/03/2023

OneCoin’s former head of legal and compliance is alleged to have helped launder millions of dollars of illegal proceeds through shell companies and bank accounts.

AML / KYC

Upbit’s Azman Hamid Discusses Travel Rule Adoption in APAC

By Editors | 21/03/2023

Upbit’s Azman Hamid discusses the UAE’s addition to the FATF grey list and APAC’s implementation of the FATF recommendations on virtual assets.

Crypto / Digital Assets

Flagstar Bank to Assume Signature Bank Deposits, FDIC Says

By Editors | 21/03/2023

The New York Community Bancorp subsidiary will assume “substantially all” the deposits of Signature Bank and buy $12.9bn of its loans at a discount.

Crypto / Digital Assets

Gibraltar’s Xapo Bank to “Fully Integrate” with USDC Stablecoin

By Mark Johnston | 20/03/2023

Users can send USDC using USD funds in their Xapo Bank accounts, with no fees incurred. Any USDC received is instantly converted to dollars.

Crypto / Digital Assets

Ripple’s Rahul Advani Discusses Regulatory Landscape for Digital Assets

By Editors | 20/03/2023

Rahul Advani, Policy Director for APAC at Ripple, discusses the regulatory landscape for digital assets and the potential for a globally harmonised framework.