CRYPTO / DIGITAL ASSETS

Crypto / Digital Assets

FSS Korea to Soon Commence Inspections of Crypto Businesses

By Editors | 05/09/2024

The inspections will check for illegal or suspicious transactions, compliance with consumer protection rules, and unethical business practices.

Crypto / Digital Assets

North Korean Cyber Actors Targeting Crypto ETFs, FBI Warns

By Nithya Subramanian | 05/09/2024

The FBI has issued an advisory warning of advanced social engineering tactics being used by North Korean hackers to steal crypto assets.

Crypto / Digital Assets

Japan FSA Calls for Lower Taxes on Crypto for Individuals

By Thisanka Siripala | 05/09/2024

The FSA says gains from trading and investing in crypto should be taxed at a 20% flat rate, the same as traditional financial assets.

Crypto / Digital Assets

US SEC Penalises Fund Adviser Over FTX-Linked Losses

By Nithya Subramanian | 04/09/2024

Galois Capital Management used crypto trading platforms like FTX to hold crypto assets for fund investors instead of qualified custodians.

Crypto / Digital Assets

UDPN Integrates AUDD Stablecoin into Global Platform

By Editors | 04/09/2024

The integration is expected to accelerate the adoption of AUDD, and reduce friction in international payments.

Crypto / Digital Assets

MAS Grants Major Payment Institution License to OKX

By Nithya Subramanian | 03/09/2024

OKX also appointed a former MAS official as its Singapore CEO, saying the city-state is a core market for its global strategy.

Crypto / Digital Assets

Indian Court Orders Takedown of Scam Crypto Websites

By Ajoy K Das | 03/09/2024

The order was granted after crypto firm Mudrex filed legal action to stop investors being scammed by websites using its name and brand.

Crypto / Digital Assets

Nasdaq Seeks Regulatory Approval to Launch Bitcoin Options

By Editors | 31/08/2024

Nasdaq said the options will enable investors to hedge their cryptocurrency investments. NYSE also applied for a similar approval earlier this year.

Crypto / Digital Assets

New Zealand to Implement Global Tax Reporting Framework for Crypto

By Jaya Prakash Balakrishnan | 31/08/2024

New Zealand crypto firms will start reporting user and transaction data to the Inland Revenue Department by 30 June 2027.