Crypto / Digital Assets

    Fintech / Regtech

    ICE Makes ‘Strategic Investment’ in Digital Securities Platform tZero

    By Editors | 24/02/2022

    tZERO operates a digital marketplace for unique private assets, public equities, cryptocurrencies, and other digital assets, including NFTs.

    Crypto / Digital Assets

    Russia Considers Framework for Regulating Cryptocurrencies

    By Sanday Chongo Kabange | 24/02/2022

    The draft proposes requirements for VASPs relating to corporate governance, tax reporting, data storage, internal controls, risk management, client identification/KYC and segregation of assets.

    Fintech / Regtech

    KB Asset Management Unveils Plans to Launch Crypto Funds

    By Editors | 24/02/2022

    KB Asset Management is working towards launching a crypto ETF, a crypto-themed equity fund, and potentially a hybrid fund that includes crypto exposure.

    Fintech / Regtech

    Korean Think Tank Classifies Some NFTs as Virtual Assets

    By Editors | 23/02/2022

    NFTs used in games and for payments can satisfy the definition of virtual assets and may be subject to AML obligations, the Korea Institute of Finance said.

    Fintech / Regtech

    Korea FSS Includes NFT, Metaverse Monitoring in Annual Work Plan

    By Sanday Chongo Kabange | 20/02/2022

    The FSS said it will strengthen its supervision of “new trading assets such as NFTs” and “prepare countermeasures” if necessary to protect consumers against damage.

    Fintech / Regtech

    US DOJ Appoints First Director of National Crypto Enforcement Team

    By Editors | 20/02/2022

    The FBI has meanwhile created a new “Virtual Asset Exploitation Unit”, which will provide analysis, support, training and new tools to stay ahead of future crypto-related threats.

    Enforcement

    UK HMRC Seizes Three NFTs in Fraud Investigation

    By Editors | 20/02/2022

    Three people were arrested on suspicion of attempting to defraud HMRC using 250 fake companies. This is the first time a UK agency has seized NFTs.

    Fintech / Regtech

    NYSE Seeks Trademark Licences for Digital Marketplace

    By Sanday Chongo Kabange | 18/02/2022

    A filing with the US Patent and Trademark Office suggests the NYSE may be planning to launch an NFT marketplace as well as its own cryptocurrency.

    Big Picture

    HKCERT Warns of Information Security Risks in 2022

    By Editors | 18/02/2022

    NFT and metaverse-related risks, and crypto account hacks and thefts, were cited as top information security risks for the first time.

    AML / KYC

    18 Crypto Exchanges Jointly Launch Travel Rule Solution

    By Editors | 18/02/2022

    The firms include BitGo, bitFlyer, Bittrex, BlockFi, Circle, Coinbase, Fidelity Digital Assets, Gemini, Kraken, and Robinhood, among others.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team