Crypto / Digital Assets

Crypto / Digital Assets

Digital Asset Developments in South Korea: Balancing Innovation and Risk

By Rahul Advani | 15/03/2023

South Korea’s thoughtful approach to regulating digital assets will foster growth and innovation and result in a more vibrant and inclusive digital economy, say Rahul Advani and Angela Ang.

Crypto / Digital Assets

CFTC Unveils Newly Constituted Tech Advisory Committee

By Editors | 14/03/2023

Carole House from Terranet Ventures and Ari Redbord from TRM Labs will serve as committee chair and vice chair, respectively.

Crypto / Digital Assets

NAB Completes First Cross-border Stablecoin Transaction

By Editors | 14/03/2023

NAB expects to be supporting select corporate and institutional clients to transact using digital assets by the end of 2023.

Crypto / Digital Assets

Korea to Creates Fund to Drive Metaverse Related Initiatives

By Editors | 13/03/2023

The government is inviting investment management companies to help operate the Metaverse Fund, offering special performance incentives.

Crypto / Digital Assets

FSB’s Eva Hupkes Discusses Crypto, Stablecoin and DeFi Regulation

By Editors | 13/03/2023

The FSB’s Eva Hupkes discusses the work underway to bring about globally harmonised regulatory frameworks for crypto assets, stablecoins, and DeFi.

Crypto / Digital Assets

Thailand Offers Tax Breaks to ICO Issuers and Investors

By Editors | 10/03/2023

Under a draft royal decree approved by lawmakers, corporate income tax and VAT will be waived for companies issuing digital tokens for investment purposes.

AML / KYC

Indian Crypto Businesses Now Subject to AML Laws

By Editors | 10/03/2023

Indian crypto firms are now formally required to perform KYC due diligence, verify client identities, monitor transactions, and report suspicious activities.

Crypto / Digital Assets

Swift Concludes 12 Weeks of Tests on CBDC Interlinking Solution

By Editors | 10/03/2023

Nine banks and three central banks participated in testing Swift’s API-based CBDC connector across two blockchain networks and fiat-based payment systems.

Crypto / Digital Assets

Crypto Focused Bank Silvergate to Enter Into Liquidation

By Editors | 09/03/2023

Silvergate has served as one of the main banks for crypto companies. The wind down and liquidation plan includes full repayment of all deposits.