Crypto / Digital Assets

Crypto / Digital Assets

US Crypto Firm Secures Special Purpose Broker-dealer Licence

By Mark Johnston | 29/05/2023

The licence, granted by FINRA, is considered an important milestone, though there are limitations of what it can be used for.

Crypto / Digital Assets

BOJ Publishes Findings from Phase 2 of CBDC Study

By Manesh Samtani | 29/05/2023

The second phase of the CBDC project evaluated additional functions building upon the basic CBDC ledger functions explored in the first phase.

Crypto / Digital Assets

New Crypto Industry Bodies Launch in Hong Kong

By Manesh Samtani | 29/05/2023

The new industry bodies are a response to Hong Kong’s new licensing regime for the crypto industry, which will come into effect from 1 June.

Crypto / Digital Assets

WEF Calls For Global Collaboration in Regulating Crypto-Assets

By Ranamita Chakraborty | 29/05/2023

A new WEF report offers recommendations on collaborative pathways for global crypto-asset regulation.

Crypto / Digital Assets

Temasek Cuts Pay of Investment Team After FTX Losses

By Karen Ng | 29/05/2023

Temasek said members of its investment team took collective accountability for the investment in FTX and hence took a pay cut.

Crypto / Digital Assets

Hong Kong Police Launch “CyberDefender Metaverse” Platform

By Editors | 29/05/2023

The platform is designed to help educate the public about cyber crimes in the Metaverse, especially those involving virtual assets.

Crypto / Digital Assets

Korea Passes Bill to Force Public Officials to Disclose Crypto Holdings

By Editors | 28/05/2023

Crypto holdings will be included under the private interests that members of the National Assembly need to report.

AML / KYC

VerifyVASP Becomes First LEI Validation Agent in Crypto Space

By Manesh Samtani | 26/05/2023

VerifyVASP will be able to help VASP clients obtain an LEI, which can be used in counterparty due diligence and travel rule compliance.

Crypto / Digital Assets

ESMA Warns of Crypto Mis-selling by EU Investment Firms

By Mark Johnston | 26/05/2023

ESMA says firms should now use their regulatory status for traditional finance as a marketing tool to promote crypto investments.