Crypto / Digital Assets

Capital / Liquidity

ECB Targets Harmonisation of Crypto Licensing Requirements

By Editors | 24/08/2022

The ECB will look to ensure capital requirements criteria are applied when national regulators assess crypto-related licensing requests.

Crypto / Digital Assets

Academic Study Finds Broader Front-Running Problem at Coinbase

By Mark Johnston | 23/08/2022

University of Technology Sydney researchers estimate that insider trading occurred on 10-25% of new crypto listings at Coinbase between Sept 2018 and May 2022.

Enforcement

US Court Allows Use of Crypto Firm’s Records to Identify Tax Cheats

By Editors | 23/08/2022

Crypto prime dealer SFOX will have to reveal the identities of customers who are US taxpayers and information on their crypto transactions.

Fintech / Regtech

DTCC Goes Live With New DLT-Based Settlement Platform

By Editors | 23/08/2022

The Project Ion platform is now parallel processing an average of over 100,000 bilateral equity transactions per day.

Crypto / Digital Assets

Australia Set to Begin Consultation on Crypto Regulation

By Editors | 23/08/2022

Treasury will prioritise ‘token mapping’ work in 2022, to help identify how crypto assets and related services should be regulated. A consultation will be released “soon”.

Crypto / Digital Assets

Korean Brokerages Seeking Licences to Establish Crypto Businesses

By Editors | 23/08/2022

Mirae Asset Securities and Samsung Securities are among seven firms seeking a licence. The government separately said airdrops will be subject to a gift tax.

Crypto / Digital Assets

US SEC Files Suit Against Crypto Entities Over ICO Sale

By Mark Johnston | 22/08/2022

Blockchain firm Dragonchain raised about $16.5mn without registering its token sales as securities offerings.

AML / KYC

Almost $2b Stolen from Crypto Hacks in H1 2022: Chainalysis

By Editors | 22/08/2022

The value stolen from crypto hacks increased 60% from the same pariod last year, largely attributed to vulnerabilities of DeFi protocols.

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.