CRYPTO / DIGITAL ASSETS

    AML / KYC

    Australian Regulators Propose Measures to Address De-Banking

    By Editors | 04/10/2022

    A CFR policy paper provides four recommendations to address de‑banking of fintechs, crypto exchanges and remittance firms.

    Crypto / Digital Assets

    US SEC Fines Celebrity Kim Kardashian for Promoting Crypto

    By Editors | 04/10/2022

    Kardashian failed to disclose the compensation she received to promote EMAX tokens on Instagram. The case is a warning to other celebrities and influencers.

    Capital / Liquidity

    BCBS Cryptoasset Treatment Will Hinder Innovation: JBA

    By Manesh Samtani | 04/10/2022

    Japan Bankers Association says the proposed infrastructure risk add-on will discourage banks from developing new DLT businesses.

    Capital / Liquidity

    Large Global Banks See Highest Capital Ratios Since 2012: BCBS

    By Editors | 03/10/2022

    A special feature in the latest Basel III monitoring report reveals that crypto exposures are small, around 0.14% of total exposures on a weighted average basis.

    Crypto / Digital Assets

    SWIFT, Chainlink Working on Blockchain Interoperability POC

    By Editors | 02/10/2022

    Chainlink’s open-source cross-chain interoperability protocol will enable SWIFT messages to instruct on-chain token transfers.

    Crypto / Digital Assets

    Korean National Assembly to Question Crypto Execs on Terra

    By Editors | 02/10/2022

    TerraForm Labs accuses Korean prosecutors of overreach. Luna Foundation Guard money allegedly transferred overseas.

    Crypto / Digital Assets

    IMF Calls for Global Coordination on Stablecoin Regulation

    By Sanday Chongo Kabange | 01/10/2022

    In markets where risks are growing quickly, authorities should take immediate action, including by introducing targeted measures to “slow down stablecoin adoption”.

    AML / KYC

    UK FCA Grants Revolut Approval to Offer Crypto Services

    By Editors | 01/10/2022

    Revolut was allowed to remain on a temporary register after a March deadline for approvals until its application was fully processed.

    Crypto / Digital Assets

    Thai SEC Takes Legal Action Against Wash Trading in Crypto

    By Sanday Chongo Kabange | 30/09/2022

    The prosecution is required because the defendants, including two entities and three individuals, did not agree to the penalties prescribed by the SEC.

    AML / KYC

    China to Strengthen ‘Controllable Anonymity’ Feature of e-CNY

    By Darien Choong | 30/09/2022

    Twenty defendants have been arrested on suspicion of illegal business activity and money laundering using the e-CNY.

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