Crypto / Digital Assets

AML / KYC

KoFIU Shares Findings from On-site Inspections at VASPs

By Editors | 04/04/2023

KoFIU issued reprimands, cautions and KRW 490 million in fines against five crypto exchanges, executives and employees.

Crypto / Digital Assets

Crypto Firm Bittrex Announces Decision to Exit US Market

By Editors | 03/04/2023

A lack of regulatory clarity makes it economically unviable for Bittrex to continue operating in the US. The global platform will continue operating.

Crypto / Digital Assets

US Futures SRO Issues New Rule for Crypto Activities

By Editors | 03/04/2023

The compliance rule covers anti-fraud, just and equitable principles of trade, disclosure, and supervision requirements for spot bitcoin and ether trading.

Crypto / Digital Assets

BIS Innovation Hub to Launch Cryptoasset Data Project

By Editors | 02/04/2023

Project Atlas will allow users to visualise cross-border flows in cryptoasset and DeFi markets via publicly available dashboards.

Crypto / Digital Assets

Japan to Create Expert Panel on CBDCs Within April

By Editors | 02/04/2023

The launch of the panel will coincide with the start of a digital yen pilot programme involving the BOJ and private sector participants.

Crypto / Digital Assets

Mirae Asset, SK Telecom to Collaborate on Security Token Business

By Editors | 01/04/2023

Mirae Asset Securities and SK Telecom formed a consortium to collaborate on creating a business ecosystem for security tokens.

AML / KYC

Taiwan FSC to Develop Regulatory Guidelines for Crypto Industry

By Editors | 31/03/2023

The guidelines will cover information disclosures, product listings, customer asset segregation, money laundering prevention, consumer protection, and information security, among other areas.

AML / KYC

UK Unveils New Plan to Tackle Economic Crime

By Sanday Chongo Kabange | 31/03/2023

The plan involves hiring 475 specialist investigators, investing in technology and data analytics, and establishing a new multi-agency crypto cell.

Crypto / Digital Assets

IOSCO Issues Final Guidance on Mitigating Risks to Retail Investors

By Manesh Samtani | 31/03/2023

IOSCO offers a comprehensive toolkit of measures for regulators to consider when addressing crypto scams, greenwashing and other forms of retail misconduct.