Crypto / Digital Assets

Crypto / Digital Assets

Singapore High Court Recognises Crypto as Personal Property

By Ranamita Chakraborty | 27/07/2023

The court ruled that holders of crypto assets have legally enforceable property rights under common law, marking a significant milestone in crypto case law globally.

AML / KYC

Korea Securities Depository to Promote LEI Adoption in Crypto Market

By Sanday Chongo Kabange | 27/07/2023

The KSD and Code have signed a business agreement to promote the issuance and use of LEIs in the virtual asset market.

Big Picture

US Govt Accountability Office Calls for Federal Oversight of Crypto Sector

By Editors | 27/07/2023

GAO report reveals significant regulatory gaps in crypto asset oversight, recommending comprehensive federal intervention to mitigate blockchain-related risks.

Enforcement

Korea Establishes Interagency Investigative Team for Crypto

By Manesh Samtani | 27/07/2023

Until new rules for the crypto sector come into force in 2024, the new investigative team will be charged with investigating unlawful trading activities.

Crypto / Digital Assets

South Korea Unification Minister Faces Scrutiny Over Crypto Trading

By Mark Johnston | 26/07/2023

Opposition party lawmakers claim minister Kwon Young-se may have had a conflict of interest that influenced his trading in virtual assets.

Crypto / Digital Assets

CFA Institute Survey Shows Limited Support for CBDCs

By Ranamita Chakraborty | 26/07/2023

While 34 percent of survey respondents worldwide disagreed that central banks should launch CBDCs, those from APAC including India and China expressed a more favourable view.

Crypto / Digital Assets

Westpac and CBA Pilot Test Digital Australian Dollar

By Editors | 25/07/2023

Westpac and CBA used a CBDC to execute trades with certificates of deposit. Imperium Markets hosted the trades on its marketplace.

Crypto / Digital Assets

HashKey Partners with Securities Firm to Offer Crypto Trading

By Editors | 25/07/2023

The partnership with Quam Securities and Longbridge Whale marks a “new chapter” for the adoption of virtual assets by brokers, HaskKey said.

Enforcement

South Korea Seizes Assets from Crypto Lender Delio

By Editors | 25/07/2023

Prosecutors and the FSC seized “all company and customer assets, including Delio’s cold wallets and ledgers”.