CRYPTO / DIGITAL ASSETS

    Crypto / Digital Assets

    US Court Allows Voyager Digital to Return Cash to Customers

    By Editors | 07/08/2022

    Regulators have separately ordered the crypto brokerage to “immediately remove” false statements it made that suggested it was FDIC-insured.

    Enforcement

    OFAC Investigating Kraken for Alleged Sanctions Violations

    By Editors | 07/08/2022

    Kraken is suspected of allowing Iranian users to utilise Kraken’s services, in violation of federal sanctions.

    Crypto / Digital Assets

    SEC Thailand Grants New Licences to Four Crypto Firms

    By Editors | 07/08/2022

    The approvals come as the SEC continues to investigate Zipmex, which operates in Thailand, Singapore, Indonesia and Australia.

    Crypto / Digital Assets

    CME to Launch Euro-denominated Crypto Futures

    By Editors | 05/08/2022

    The new EUR-denominated contracts will provide more precise tools to trade and hedge exposure to Bitcoin and Ether, said CME’s Tim McCourt.

    Crypto / Digital Assets

    Senate Bill Would Grant CFTC Authority Over Bitcoin, Ether

    By Manesh Samtani | 05/08/2022

    The bill would amend the Commodity Exchange Act to include a new commodity category called “digital commodities” that includes Bitcoin and Ether.

    Crypto / Digital Assets

    FCA Finalises Advertising Rules for High-risk Financial Products

    By Manesh Samtani | 04/08/2022

    Rules for cryptoasset promotions will be published after new legislation confirms how crypto will be brought into the FCA’s remit.

    AML / KYC

    ECB Analyses Options for Enhancing Cross-Border Payments

    By Manesh Samtani | 04/08/2022

    Bitcoin and stablecoins are “unlikely” to be the “holy grail” of cross-border payments. Interlinked domestic payment systems and interoperable CBDCs show the most promise.

    AML / KYC

    New York State Regulator Penalises Robinhood Crypto Unit

    By Editors | 04/08/2022

    Robinhood Crypto had inadequate staffing of its AML programme, transaction monitoring deficiencies, and noncompliant cybersecurity policies.

    AML / KYC

    US SEC Charges 11 Over Crypto Pyramid and Ponzi Scheme

    By Editors | 04/08/2022

    Forsage investors earned profits by recruiting others into the scheme, which used assets from new investors to pay earlier investors.

    Crypto / Digital Assets

    Laying the Groundwork for Digital Assets to Take Flight in Korea

    By Susan Friedman | 04/08/2022

    South Korea has an opportunity to bolster innovation in digital assets as it develops new regulations for the sector, say Ripple’s Susan Friedman and Rahul Advani.

    JOIN OUR NEWSLETTER

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