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Enforcement
Japan FSA Issues Business Improvement Order on DMM Bitcoin
By Mark Johnston | 30/09/2024
DMM Bitcoin has until 28 October to submit plans to the FSA specifying measures to prevent a recurrence of the bitcoin theft it suffered in May.
Crypto / Digital Assets
Hong Kong Exchange Lists First Digitally Native Notes
By Editors | 29/09/2024
The one-year HKD denominated digitally native notes were issued by HSBC, leveraging the HSBC Orion platform.
Crypto / Digital Assets
Korea to Protect Investors from Crypto Exchange Failures
By Manesh Samtani | 28/09/2024
DAXA will establish a new foundation that will manage users’ assets when a crypto exchange fails and return them to investors.
Crypto / Digital Assets
Singapore Court Grants WazirX Four-Month Conditional Moratorium
By Nithya Subramanian | 27/09/2024
The moratorium allows WazirX four months to resolve customer losses from a $230mn hack the company suffered in July.
Crypto / Digital Assets
MAS Updates Consumer Protection Guidelines for Crypto Firms
By Nithya Subramanian | 26/09/2024
The updated guidelines reflect decisions set out by MAS in November 2023, focusing on consumer access, conflicts of interest and business conduct.
Crypto / Digital Assets
FSC Korea to Start Pushing 2nd Phase of Crypto Legislation
By Editors | 26/09/2024
The legislation will include measures to enable corporations and institutional investors to participate in the domestic crypto market.
Enforcement
US Federal Court Jails Former FTX Exec Caroline Ellison
By Nithya Subramanian | 26/09/2024
Caroline Ellison was the former girlfriend and a key witness in the prosecution of FTX founder Sam Bankman-Fried.
Crypto / Digital Assets
ASIC Seeks to Require Crypto Firms to Obtain AFS Licence
By Thisanka Siripala | 26/09/2024
Commissioner Alan Kirkland said ASIC is seeking to bring crypto businesses into the existing financial regulatory framework.
Crypto / Digital Assets
Nasdaq Wins SEC Approval to List Options on Bitcoin ETF
By Editors | 25/09/2024
The options contracts on iShares Bitcoin Trust ETF still need to be approved by the Options Clearing Corp and the CFTC before trading can begin.
Crypto / Digital Assets
HKMA Commences Phase 2 of e-HKD Pilot Programme
By Manesh Samtani | 24/09/2024
Over 20 firms were selected to explore innovative use cases for e-HKD and tokenised deposits across three themes.
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