CRYPTO / DIGITAL ASSETS

Crypto / Digital Assets

US Files Lawsuit to Recover Crypto Linked to FTX Bribery

By Nithya Subramanian | 14/11/2024

Prosecutors are suing to obtain cryptocurrency in an account allegedly connected to bribes paid to Chinese officials before FTX collapsed.

Crypto / Digital Assets

FTX Sues Binance to Recover $1.8b in Alleged Fraudulent Transfers

By Nithya Subramanian | 14/11/2024

FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, seeking to reclaim $1.8bn from a 2021 share buyback deal.

Crypto / Digital Assets

China Launches e-CNY ‘Hard Wallet’, Resembling Convential Credit Card

By Editors | 12/11/2024

The PBOC hopes the card, aimed at seniors, students, and foreign visitors in China, will expand accessibility to and adoption of the e-CNY.

Crypto / Digital Assets

Korea’s New Virtual Asset Committee Holds First Meeting

By Nithya Subramanian | 11/11/2024

A key issue discussed was enabling corporate entities to participate in the domestic virtual asset market rather than using overseas platforms.

Crypto / Digital Assets

UBS Pilots Digital Cash for Cross-Border Payments

By Nithya Subramanian | 11/11/2024

UBS Digital Cash is aimed at boosting efficiency, transparency, and liquidity management for corporate and institutional clients.

Crypto / Digital Assets

RBA Invites Industry to Participate in Digital Money Experiments

By Editors | 11/11/2024

The project will explore how different forms of digital money and associated infrastructure could support the development of wholesale tokenised asset markets in Australia.

Crypto / Digital Assets

Taiwan: New Rules for Crypto to Enter into Force in Jan 2025

By Editors | 11/11/2024

The new rules will cover VASP registration, custody of fiat currency, information security, complaints handling, record keeping, and other areas.

Crypto / Digital Assets

Anchorage Digital Secures Crypto Licence in Singapore

By Mark Johnston | 11/11/2024

The licence enables Anchorage Digital to offer custody, staking, trading, and settlement services for crypto in Singapore, along with fiat on and off ramps.

Crypto / Digital Assets

BOK, FSC Sign MoU to Implement Deposit Token Test Project

By Editors | 10/11/2024

Seven banks will issue CBDC-backed deposit tokens that can be used as digital vouchers for users to spend on culture, education and other purposes.