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Crypto / Digital Assets
Jane Street, Jump Crypto to Scale Down US Crypto Business
By Editors | 13/05/2023
Jane Street Group and Jump Crypto are the latest firms to scale down US operations, citing regulatory uncertainty.

Crypto / Digital Assets
StanChart to Launch Digital Asset Custody Services from Dubai
By Editors | 13/05/2023
The UAE has a “well-balanced approach” to digital assets, making it an “ideal first market” for the launch, said CEO Bill Winters.

Crypto / Digital Assets
BIS Innovation Hub Publishes Guidance on Offline CBDC Payments
By Editors | 12/05/2023
The new handbook is intended as a guide for central banks that are considering the potential implementation of CBDCs with offline functionality.

Crypto / Digital Assets
IRS, Chainalysis Team Up to Support Ukraine Law Enforcement
By Editors | 11/05/2023
The IRS is sponsoring Ukraine’s access to a Chainalysis blockchain analysis tool and also organising cyber training sessions.

Crypto / Digital Assets
30 Firms to Launch “Network of Networks” for Digital Assets
By Editors | 11/05/2023
The Canton Network will provide a decentralised infrastructure that connects independent applications like Deutsche Börse’s D7 post-trade platform and Goldman’s GS DAP.

Crypto / Digital Assets
Ex-Coinbase Employee Sentenced to Jail for Insider Trading
By Editors | 11/05/2023
The former Coinbase product manager was sentenced to two years in prison for feeding his brother and a friend information about upcoming crypto listings.

Crypto / Digital Assets
Bankrupt FTX Affiliate Alameda Research Hit with $44b Tax Bill
By Mark Johnston | 10/05/2023
In bankruptcy proceedings, the IRS claims would take precedence over those of unsecured creditors, including FTX’s one million users.

Crypto / Digital Assets
MAS Proposes Amendments to Payment Services Regulations
By Editors | 09/05/2023
The consultation covers amendments to Payment Services Regulations and existing notices to include newly scoped-in payment services like DPT services.

Crypto / Digital Assets
BNP Paribas to Start Providing e-CNY Services in China
By Editors | 09/05/2023
BNP Paribas will partner with Bank of China to launch an e-CNY services for corporate clients and explore the CBDC’s use in supply chain finance and other areas.

Crypto / Digital Assets
US SEC Ordered to Respond to Coinbase Petition Within 10 Days
By Editors | 08/05/2023
The SEC must indicate whether or not it will provide formal rule-making for the digital assets sector, and the reasons for its decision.
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