Crypto / Digital Assets

    AML / KYC

    European Council Adopts Eighth Russia Sanctions Package

    By Editors | 06/10/2022

    The package completely bans the provision of crypto wallets, accounts, or custody services to Russian nationals and entities, among other measures.

    Crypto / Digital Assets

    Russia Seeks to Legalise Crypto Mining in Some Regions

    By Editors | 06/10/2022

    The bill may be rejected by Russia’s parliament, because it does not specify tax procedures or requirements for data centres and mining operators.

    Crypto / Digital Assets

    SWIFT Publishes Results of CBDC, Tokenised Asset Experiments

    By Editors | 06/10/2022

    The experiments show SWIFT can enable central banks to connect their CBDC networks to all other payment systems in the world through a single gateway.

    Crypto / Digital Assets

    European Council Approves Final MiCA Legislation

    By Manesh Samtani | 06/10/2022

    The next step before MiCA is formally adopted is for the European Parliament to vote on the proposal on Monday.

    Crypto / Digital Assets

    CFTC Allowed to Serve Complaint to DAO Through Website

    By Editors | 05/10/2022

    The CFTC intends to hold any voting member of the Ooki DAO individually liable for violations of the Commodity Exchange Act and CFTC regulations.

    Capital / Liquidity

    US Regulators Call for New Laws for Crypto, Stablecoins

    By Manesh Samtani | 04/10/2022

    FSOC report calls for legislation to establish stablecoin regulation, supervisory authority over crypto asset entities, and rulemaking authority over crypto-asset spot markets.

    AML / KYC

    Australian Regulators Propose Measures to Address De-Banking

    By Editors | 04/10/2022

    A CFR policy paper provides four recommendations to address de‑banking of fintechs, crypto exchanges and remittance firms.

    Crypto / Digital Assets

    US SEC Fines Celebrity Kim Kardashian for Promoting Crypto

    By Editors | 04/10/2022

    Kardashian failed to disclose the compensation she received to promote EMAX tokens on Instagram. The case is a warning to other celebrities and influencers.

    Capital / Liquidity

    BCBS Cryptoasset Treatment Will Hinder Innovation: JBA

    By Manesh Samtani | 04/10/2022

    Japan Bankers Association says the proposed infrastructure risk add-on will discourage banks from developing new DLT businesses.

    Capital / Liquidity

    Large Global Banks See Highest Capital Ratios Since 2012: BCBS

    By Editors | 03/10/2022

    A special feature in the latest Basel III monitoring report reveals that crypto exposures are small, around 0.14% of total exposures on a weighted average basis.

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