Crypto / Digital Assets

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.

Crypto / Digital Assets

SWIFT, Chainlink Working on Blockchain Interoperability POC

By Editors | 02/10/2022

Chainlink’s open-source cross-chain interoperability protocol will enable SWIFT messages to instruct on-chain token transfers.

Crypto / Digital Assets

Korean National Assembly to Question Crypto Execs on Terra

By Editors | 02/10/2022

TerraForm Labs accuses Korean prosecutors of overreach. Luna Foundation Guard money allegedly transferred overseas.

Crypto / Digital Assets

IMF Calls for Global Coordination on Stablecoin Regulation

By Sanday Chongo Kabange | 01/10/2022

In markets where risks are growing quickly, authorities should take immediate action, including by introducing targeted measures to “slow down stablecoin adoption”.

AML / KYC

UK FCA Grants Revolut Approval to Offer Crypto Services

By Editors | 01/10/2022

Revolut was allowed to remain on a temporary register after a March deadline for approvals until its application was fully processed.

Crypto / Digital Assets

Thai SEC Takes Legal Action Against Wash Trading in Crypto

By Sanday Chongo Kabange | 30/09/2022

The prosecution is required because the defendants, including two entities and three individuals, did not agree to the penalties prescribed by the SEC.

AML / KYC

China to Strengthen ‘Controllable Anonymity’ Feature of e-CNY

By Darien Choong | 30/09/2022

Twenty defendants have been arrested on suspicion of illegal business activity and money laundering using the e-CNY.

Crypto / Digital Assets

BIS Innovation Hub Nordic Centre Launches Retail CBDC Project

By Editors | 30/09/2022

The central banks of Israel, Norway and Sweden will develop a “hub” to which they will connect their domestic proof-of-concept CBDC systems.

AML / KYC

G7 Nations Imposing New Russia Sanctions Over “Sham” Referendums

By Manesh Samtani | 30/09/2022

The EU package includes an oil price cap and a complete ban on providing crypto services to Russians. UK targets include Gazprombank, Sberbank and Sovcombank board members.