CRYPTO / DIGITAL ASSETS

Crypto / Digital Assets

SC Malaysia Proposes Framework for Tokenised Capital Market Products

By Nithya Subramanian | 06/05/2025

The proposed framework will allow licensed persons and RMOs to offer or deal in tokenised products issued through approved primary market platforms.

Fintech / Regtech

South Korea Eases Crypto Restrictions, Tightens Listing Rules

By Manesh Samtani | 05/05/2025

South Korea eases rules on virtual asset sales for NPOs and crypto exchanges while tightening listing rules to enhance market stability and investor protection.

AML / KYC

FinCEN Moves to Cut Off Cambodia’s Huione Group from US Financial System

By Nithya Subramanian | 02/05/2025

FinCEN said Huione Group laundered over $4 billion in illicit funds linked to North Korean cyber heists and cryptocurrency scams across Southeast Asia.

AML / KYC

FIU-IND Sets 30 June Deadline for Reverification of Crypto User KYC Data

By Manesh Samtani | 02/05/2025

FIU-IND has directed crypto exchanges to refresh their KYC data for all users whose details are older than 18 months.

Crypto / Digital Assets

Australia NASC Reports Surge in Phishing Scams, Financial Losses

By Sanday Chongo Kabange | 02/05/2025

The NASC has recorded an increase in phishing scams, resulting in losses of AUD 11.1 million from 1 January to 23 March this year.

AML / KYC

AUSTRAC to Cancel Registrations of Inactive Crypto Exchanges

By Sanday Chongo Kabange | 01/05/2025

Around a quarter of Australia’s 400-plus registered digital currency exchanges are believed to be inactive, and at risk of being co-opted by criminals.

Crypto / Digital Assets

AFCA Calls Out Inconsistent Scams Response Across Financial Industry

By Manesh Samtani | 30/04/2025

AFCA is urging FIs to bolster their scam response teams with adequate resources to effectively combat scams and boost consumer confidence.

Crypto / Digital Assets

SFC Grants Victory Securities Approval to Expand Crypto Services

By Sanday Chongo Kabange | 30/04/2025

Victory Securities is allowed to offer discretionary account management services and to distribute physically-settled crypto-referenced structured products.

Crypto / Digital Assets

Japan Adds 30 More Jurisdictions to Scope of Travel Rule Requirements

By Editors | 29/04/2025

There were already 28 jurisdictions named after an update in January 2024. The FSA proposes to add 30 more jurisdictions, which are mostly EU nations.