Crypto / Digital Assets

AML / KYC

US Convicts Chinese Nationals for Fentanyl Precursor Shipment

By Editors | 08/02/2025

The shipment was arranged by undercover law enforcement agents who pretended to be buyers of the precursor chemicals.

Crypto / Digital Assets

Japan Orders Apple, Google to Block Unregistered Crypto Apps

By Thisanka Siripala | 08/02/2025

The FSA is targeting Bybit, MEXC Global, LBank Exchange, KuCoin, and Bitget, which have been operating without proper registration under Japan’s Payment Services Act.

AML / KYC

FATF Annual Report Highlights Crypto Loopholes as Key Threat

By Thisanka Siripala | 07/02/2025

Six years after the FATF strengthened its virtual asset standards, 97 out of 130 jurisdictions are still not fully compliant.

Crypto / Digital Assets

FDIC “Actively Reevaluating” Supervisory Approach to Crypto

By Manesh Samtani | 07/02/2025

FDIC released correspondence with banks regarding crypto-related activities. Congress meanwhile held its first hearings about US debanking of crypto clients.

Crypto / Digital Assets

US SEC Sets Out Priorities of New Crypto Task Force

By Thisanka Siripala | 06/02/2025

The priorities include clarifying how crypto assets are classified, providing clearer pathways for registration, and updating regulations for custodians

Securities / Derivatives

DTCC Launches New Platforms to Drive Digital Assets Adoption

By Editors | 06/02/2025

The platforms support token issuance, distribution, servicing, monitoring, reporting and other lifecycle processes.

Crypto / Digital Assets

Monochrome Group Registers Crypto ETFs in Singapore

By Nithya Subramanian | 06/02/2025

Monochrome’s Bitcoin and Ethereum ETFs have been registered with MAS as restricted schemes, making them accessible to accredited and institutional investors.

Crypto / Digital Assets

US President Orders Creation of Sovereign Wealth Fund

By Thisanka Siripala | 06/02/2025

Analysts have speculated that the fund could be used to buy and hold digital assets, or to acquire a stake in Chinese-owned TikTok

Crypto / Digital Assets

MobiKwik, Cred Become First Non-Banks to Offer CBDCs in India

By Nithya Subramanian | 05/02/2025

The e-rupee wallets allow users to send funds to and receive funds from other e-rupee wallets as well as regular bank accounts using UPI.