Crypto / Digital Assets

Enforcement

Bittrex Gets Court Approval to Allow Customer Withdrawals

By Mark Johnston | 14/06/2023

The DOJ had argued that allowing customer withdrawals would subordinate a government claim, but the court ruled in favour of Bittrex.

Crypto / Digital Assets

US SEC Responds to Court Order on Crypto Rulemaking

By Manesh Samtani | 14/06/2023

The SEC said it has not yet decided what action to take regarding Coinbase’s rulemaking petition, but that it will provide an update by 11 October 2023.

Crypto / Digital Assets

UBS, BOCI Issue First Digital Structured Notes for APAC Clients

By Mark Johnston | 14/06/2023

In collaboration with UBS, BOCI has become the first Chinese financial institution to issue a tokenised security in Hong Kong.

Crypto / Digital Assets

US Federal Judge Declines to Freeze Binance.US Assets

By Editors | 14/06/2023

The federal judge overseeing the case ordered the SEC and Binance.US to negotiate other restrictions instead.

Crypto / Digital Assets

MAS Grants Crypto Bank Sygnum In-Principle Licence Approval

By Editors | 14/06/2023

Sygnum said it would expand its Singapore offering to include regulated crypto brokerage services, available to accredited and institutional investors.

Crypto / Digital Assets

Bank of Thailand Launches Pilot Tests on Retail CBDC

By Karen Ng | 13/06/2023

BOT is working with Bank of Ayudhya, Siam Commercial Bank, and 2C2P in the tests, which are expected to last until August.

Crypto / Digital Assets

HKMA to Start ‘Paving the Way’ for e-HKD Implementation

By Manesh Samtani | 12/06/2023

The HKMA expects that it will take at least two to three years to build a wholesale layer of production grade for possible e-HKD implementation.

AML / KYC

Russian Nationals Charged With Hacking Mt Gox and Operating BTC-e

By Editors | 12/06/2023

The DOJ unsealed charges against two Russian nationals for the 2011 hack of the Mt Gox crypto exchange and for laundering the proceeds.

Crypto / Digital Assets

CFTC Triumphs in Landmark Case, Establishing Legal Liability for Ooki DAO

By Editors | 12/06/2023

The judgment also imposes a fine, permanent trading and registration bans, the shutdown of Ooki DAO’s website, and the removal of its online content.