CRYPTO / DIGITAL ASSETS

    AML / KYC

    US DOJ Charges Two for NFT Fraud, Money Laundering

    By Sanday Chongo Kabange | 01/04/2022

    The two defendants promised benefits to NFTs buyers and then transferred the $1.1mn in crypto proceeds to various wallets under their control.

    Big Picture

    FSB Publishes Work Programme for 2022

    By Editors | 31/03/2022

    Key focus areas include work to address Covid-19 scarring effects, enhance cross-border payments, and address financial risks from climate change.

    AML / KYC

    Taiwan Central Bank Warns of Fraud Via Bitcoin ATMs

    By Darien Choong | 31/03/2022

    Bitcoin ATMs in Taiwan are being used to scam victims who attempt to transfer cash to specific accounts to purchase cryptoassets.

    Enforcement

    Singapore Police, Banks Step Up Scam Intervention Efforts

    By Editors | 31/03/2022

    In a four-day operation last week, the police and five banks intervened in 150 scam cases, which resulted in the arrests of 35 individuals.

    Fintech / Regtech

    Vietnam to Develop Legal Framework for Virtual Assets

    By Editors | 31/03/2022

    Vietnam’s prime minister has asked government ministries and the central bank to develop a legal and regulatory framework for virtual assets and electronic money.

    AML / KYC

    Japan to Tighten Russia Sanctions, G7 Rejects Ruble Option

    By Manesh Samtani | 30/03/2022

    Japan to impose new requirements on crypto exchanges. G7 rejects Russian demand for gas payments in rubles. US to help EU reduce dependence on Russian energy.

    Crypto / Digital Assets

    HKEX Sets Out Vision to Build ‘Marketplace of the Future’

    By Sanday Chongo Kabange | 30/03/2022

    HKEX will introduce a new platform for ESG-related products, ETF connect schemes with the mainland, more yuan products, and more listing reforms.

    Fintech / Regtech

    Huobi Seeks to Launch Retail Crypto ETF in HK

    By Manesh Samtani | 30/03/2022

    Huobi Tech has structured the ETF so that it won’t be restricted to just professional investors, possibly through the use of crypto futures listed on overseas exchanges.

    Crypto / Digital Assets

    BOT Offers Update on Transition to Sustainable Digital Economy

    By Editors | 29/03/2022

    The BOT will publish a virtual bank licensing framework by Q2 2022, and directions on its open banking policy in Q3 2022.

    Crypto / Digital Assets

    Thailand SEC Unveils 2022-2024 Strategic Plan

    By Editors | 29/03/2022

    The SEC will seek to enhance competitiveness, ensure inclusiveness, and strengthen trust and confidence in the capital market.

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