Crypto / Digital Assets

AML / KYC

Thai SEC Calls on Crypto Businesses to Improve Cybersecurity

By Editors | 09/02/2022

The SEC reminds crypto businesses to bolsters their cybersecurity systems, safeguard customer assets, and comply with IT audit and penetration testing requirements.

Crypto / Digital Assets

Mitsui to Launch Japan’s First Gold-Pegged Cryptocurrency

By Mark Johnston | 08/02/2022

ZipangCoin will be made available to retail investors this month through Digital Asset Markets Inc, which is partly owned by Mitsui & Co.

AML / KYC

GLEIF Publishes Governance Details for Digitally Verifiable LEI

By Manesh Samtani | 08/02/2022

The vLEI Ecosystem Governance Framework is part of an initiative to ensure that every legal entity has a digital identity that can be trusted and easily verified.

Fintech / Regtech

UK Issues Tax Guidance for DeFi Lending & Staking

By Editors | 07/02/2022

CryptoUK says the approach would create an “unnecessary burden” for crypto investors and create tax compliance confusion.

Fintech / Regtech

Myanmar Military Government Seeks to Launch Digital Currency

By Editors | 07/02/2022

Myanmar’s military regime is reportedly considering issuing a digital currency as a joint venture with local companies.

Fintech / Regtech

BOT Sets Out Plans for ‘New Financial Landscape’

By Mark Johnston | 07/02/2022

The BOT will introduce virtual bank licences, relax fintech investment limits for banks, promote open data, and establish TCFD aligned disclosure standards.

AML / KYC

Crypto Prepares for a Regulated Future

By David Liu | 07/02/2022

As crypto goes mainstream, regulatory compliance will require robust and financial institution-grade AML and KYC processes, says David Liu.

AML / KYC

Australian Billionaire Launches Criminal Proceedings Against Facebook

By Editors | 06/02/2022

Fortescue Metals Group chairman Andrew Forrest alleges that Facebook broke AML laws by failing to prevent crypto scams from being advertised on its platform.

Fintech / Regtech

IMF Urges El Salvador to Remove Bitcoin’s Legal Tender Status

By Editors | 03/02/2022

The IMF said the adoption of a cryptocurrency as legal tender entails “large risks” relating to financial stability, financial integrity, and consumer protection.