Crypto / Digital Assets

Crypto / Digital Assets

Hong Kong as a Legal Centre of Excellence for Digital Finance

By Troy Song | 25/07/2022

Many crypto exchanges and institutions already choose Hong Kong as the place to resolve their disputes, but more need to be done, says Troy Song.

Crypto / Digital Assets

US DOJ Charges Ex-Coinbase Employee for Insider Trading

By Manesh Samtani | 25/07/2022

A former Coinbase employee and two others were charged. The SEC’s parallel action classifies 9 crypto tokens as securities. Coinbase files a petition.

Big Picture

ECB Calls Out Crypto Assets for ‘Outsized Carbon Footprint’

By Editors | 24/07/2022

The ECB calls on investors and financial institutions to evaluate whether crypto undermines their ESG objectives and climate strategy.

Crypto / Digital Assets

ISSA Finds ‘Major Upsurge’ in DLT Use in Financial Markets

By Editors | 24/07/2022

Over 30% of the industry using DLT in live production, finds ISSA survey, conducted by the ValueExchange with support from Accenture, Broadridge and VMWare.

Crypto / Digital Assets

Japan FSA Dissatisfied With Crypto Industry Self-Regulation – Report

By Editors | 24/07/2022

Japan’s self-regulatory body for the crypto industry is being criticised for poor governance, lack of skilled staff, and slow implementation of AML rules.

AML / KYC

US Recovers Crypto Ransoms Paid by Healthcare Providers

By Editors | 23/07/2022

The FBI seized about USD 500,000 from two crypto accounts that had received ransoms paid by US health care providers to North Korean hackers.

Crypto / Digital Assets

UK Gov Publishes Financial Services and Markets Bill

By Editors | 22/07/2022

The bill establishes HM Treasury’s authority to make regulations for digital assets including stablecoins.

Crypto / Digital Assets

Korean Banks Seek Regulatory Easing to Enter Crypto Market

By Editors | 21/07/2022

Korean banks have reportedly asked the FSC to ease regulations and issue licenses allowing them to operate digital asset businesses.

Crypto / Digital Assets

Fraud Risk: An Industry Priority for the Crypto Space

By Editors | 20/07/2022

Experts say crypto firms have a responsibility and moral obligation to have anti-fraud controls in place, and that this will help create trust in the industry.