Crypto / Digital Assets

    image

    Crypto / Digital Assets

    Canvas Completes First FX Transaction Using Australian CBDC

    By Sanday Chongo Kabange | 18/05/2023

    The eAUD was traded for foreign currency stablecoin USDC, representing the first foreign exchange transaction using the RBA’s pilot CBDC.

    image

    Enforcement

    US DOJ to Ramp Up Scrutiny of Crypto Platforms – Report

    By Mark Johnston | 18/05/2023

    The DOJ will pursue target crypto exchanges, mixers and tumblers that are enabling criminal actors to profit from their crimes.

    image

    AML / KYC

    EU Council Formally Adopts New Legal Framework for Crypto

    By Sanday Chongo Kabange | 17/05/2023

    New rules under MiCA cover issuers of utility tokens, asset referenced tokens, stablecoins, service providers such as trading venues, and wallets where crypto-assets are held.

    image

    AML / KYC

    EU Enters Trilogue Discussions on Proposed New AML Authority

    By Mark Johnston | 17/05/2023

    The new Anti-Money Laundering Authority would directly supervise high-risk financial entities and coordinate national authorities and FIUs.

    image

    Crypto / Digital Assets

    US SEC Responds to Coinbase Request for Regulatory Clarity

    By Editors | 16/05/2023

    The SEC said it has no obligation to issue the “broad new regulations” for digital assets that Coinbase has requested.

    image

    Crypto / Digital Assets

    BOK, Samsung to Collaborate on Offline CBDC Payments

    By Editors | 16/05/2023

    The agreement will involve further research on a BOK-issued CBDC and collaboration in the offline payments sector.

    image

    Crypto / Digital Assets

    Korean Prosecutors Seize Records from Upbit, Bithumb

    By Editors | 16/05/2023

    The move is part of a probe into a Korean lawmaker who was found to own crypto in amounts that are “inconsistent with his frugal image”.

    image

    Crypto / Digital Assets

    Tether’s Excess Stablecoin Reserves Reach All-time High

    By Editors | 15/05/2023

    Tether has $81.8bn in consolidated total assets, exceeding its $79.4bn in liabilities. Excess reserves held in gold and bitcoin were published for the first time.

    image

    Capital / Liquidity

    G7 Leaders Pledge to Maintain Resilience of Global Financial System

    By Editors | 15/05/2023

    The G7 communique vows stepped-up sanctions enforcement, and readiness to act on financial stability, climate change, and crypto-asset activities.

    image

    Crypto / Digital Assets

    AIMA Publishes New Guide on Digital Asset Trading

    By Editors | 15/05/2023

    The guide provides an overview of the digital asset trading ecosystem and highlights key risk management considerations for institutional investors.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team