Crypto / Digital Assets

Crypto / Digital Assets

ASX to Replace Post Trade Infrastructure with DLT Solution

By Manesh Samtani | 01/05/2018

New DLT system to provide more efficient clearing, settlement and other post-trade services through improved record keeping, reduced reconciliation, more timely transactions, better quality data.

AML / KYC

Postcards from the Crypto Frontier

By Peter Guy | 30/04/2018

Like a wild west cowboy town, Asian crypto-trading has overwhelmed regulatory efforts to control and discourage its growth. But regulatory confusion and misunderstanding have created opportunities and pitfalls.

Crypto / Digital Assets

Crackdown on Illegal Financing to Continue – PBOC

By JP Reimann | 26/04/2018

China’s central bank issued a warning on all illegal fundraising, including through financing intermediaries, online finance platforms, real estate, agriculture, ICOs.

AML / KYC

Taiwan to Release AML Crypto Regulations This Year

By JP Reimann | 23/04/2018

Cryptocurrencies to be regulated under new AML rules before a bilateral AML evaluation by APG in November; banks ordered to label crypto exchange accounts as ‘high risk’.

AML / KYC

Self-Regulatory Framework Proposed for Korea’s Crypto Exchanges

By JP Reimann | 19/04/2018

Framework proposed by Korean Blockchain Association proposes includes $1.8mn minimum equity capital, five year storage of transaction records , ethical charter to prevent insider trading.

Big Picture

IMF Chief Offers Regulatory Leadership on Crypto Assets

By JP Reimann | 17/04/2018

IMF can play key role to develop global regulatory approach; Lagarde calls for systemic risk assessment, expresses hope for crypto to improve financial ecosystem.

Enforcement

Vietnam Investigating $660mn Cryptocurrency Fraud

By Samuel Riding | 16/04/2018

Central bank concerned up to 32,000 people have been defrauded; Prime Minister urges regulators to ‘toughen management’ of cryptocurrency activity.

AML / KYC

S.Korea Probes Banks’ Cryptocurrency AML Polices

By Editors | 12/04/2018

Financial Services Commission to conduct on-site expectations of three banks with cryptocurrency account relationships.

AML / KYC

Japan Proposes Regulatory Framework to Legalise ICOs

By Manesh Samtani | 09/04/2018

Government-backed research group proposes rules for identifying investors, preventing money laundering and protecting equity and debt holders.