Crypto / Digital Assets

AML / KYC

Korean Authorities to Block, Investigate 16 Foreign Crypto Firms

By Editors | 21/08/2022

The unregistered foreign VASPs including KuCoin were referred for investigation and will have their websites and transactions blocked in Korea.

Crypto / Digital Assets

Thailand: Crypto Custody Added as Distinct Licence Category

By Editors | 19/08/2022

Digital asset depository service providers already operating in Thailand have until 11 October to submit a licence application to the SEC.

Crypto / Digital Assets

ASX, Zerocap Complete Digital Asset Custody POC

By Editors | 18/08/2022

The project will support custody on Synfini, ASX’s new DLT-as-a-Service platform, for any tokenised asset, including crypto.

Crypto / Digital Assets

South Korea Launches Private-Public Taskforce on Digital Assets

By Sanday Chongo Kabange | 18/08/2022

The new taskforce will examine new legislation that ensures a “proper balance” between innovation, and investor protection and financial stability.

Crypto / Digital Assets

Crypto Firm Hodlnaut Applies for Judicial Management in Singapore

By Editors | 18/08/2022

The alternative of forced liquidation would be a “suboptimal solution” that would require Hodlnaut to sell users’ cryptocurrencies at “depressed asset prices”.

Crypto / Digital Assets

ASIC Concerned by Extent of Retail Investors Exposed to Crypto

By Editors | 18/08/2022

ASIC chair Joe Longo says better investor protections are needed after a survey of retail investors founr 44 percent were holding cryptocurrency.

Crypto / Digital Assets

India Freezes Crypto Exchange Assets in Money Laundering Probe

By Mark Johnston | 18/08/2022

India’s Enforcement Directorate has frozen funds belonging to three crypto firms including the Indian arm of crypto lender Vauld.

Crypto / Digital Assets

Korea FSS Targets Illegal Short Selling, FX Transactions

By Editors | 17/08/2022

October inspections will focus on firms with high volumes of short selling transactions. Probe into crypto-related FX transactions still underway.

Crypto / Digital Assets

Fed Issues New Guidance to Banks Engaging in Crypto Activity

By Manesh Samtani | 17/08/2022

Banks seeking to engage in crypto-asset-related activities are directed to first notify their lead supervisory point of contact at the Federal Reserve.