Crypto / Digital Assets

Crypto / Digital Assets

Key Regulators Weigh in on Cryptocurrencies: CFTC, SEC, BIS

By Manesh Samtani | 07/02/2018

The US Senate Banking Committee held a fact-finding hearing seeking the views of both the CFTC and SEC chairmen on cryptocurrency regulation.

Fintech / Regtech

China Blocks Domestic Investors from Accessing Cryptocurrency Overseas

By Manesh Samtani | 06/02/2018

Access to foreign websites related to cryptocurrency restricted; search engine and social media advertisements purged.

Crypto / Digital Assets

Japan Orders Internal Inspections at Cryptocurrency Exchanges Nationwide

By Manesh Samtani | 05/02/2018

All 32 cryptocurrency exchanges in Japan required to submit reports on security and risk management based on 43-item checklist.

Crypto / Digital Assets

How GDPR Could Deflate the Blockchain Hype

By Bradley Maclean | 05/02/2018

Firms adopting blockchain technology could struggle to comply with the EU’s incoming GDPR rules.

Fintech / Regtech

Cryptocurrency – You Can’t Kill an Idea

By Peter Guy | 05/02/2018

Once in a while capitalism must be rescued from the excesses of bankers and central banks. Governments can’t kill ideas, but it takes them a long time for them to concede or adapt.

Fintech / Regtech

The Philippines to Introduce Cryptocurrency Regulation This Year

By Garima Chitkara | 01/02/2018

New rules, expected by year end, aimed at investor protection as Philippines investigates unlicensed ICO issuers.

AML / KYC

Interpol to Increase Measures on Cryptocurrencies AML, CTF Risk

By Samuel Riding | 01/02/2018

Global police organisation says to increase information sharing, review AML/CTF rules pertaining to digital currencies, take action against cryptocurrency ‘tumblers’.

AML / KYC

S. Korea Probes Illegal Forex Transactions Using Cryptocurrency

By Manesh Samtani | 01/02/2018

Korea Customs Service alleges KRW637.5 bn of foreign exchange crimes, including the use of cryptocurrency to conduct forex transactions, foreign remittances, illegal smuggling.

Fintech / Regtech

Bank Indonesia to Trial ‘Digital Rupiah’ in 2018

By Manesh Samtani | 31/01/2018

The digital currency’s value will be based on the existing currency system, backed by “real assets” and will take into account the inflation rate.