Crypto / Digital Assets

ESG / Sustainability

Thai SEC Relaxes Rules to Allow Tokenisation of Carbon Credits

By Manesh Samtani | 29/03/2025

Digital asset businesses can provide services for carbon credits, RECs, and carbon allowances in a “ready-to-use digital token format”

Crypto / Digital Assets

MAS Consults on Adoption of BCBS Crypto Standards

By Nithya Subramanian | 28/03/2025

MAS seeks feedback on eligible reserve assets for unbacked cryptocurrencies, and proposes that AT1 and T2 capital instruments issued to retail investors shouldn’t count as regulatory capital.

Crypto / Digital Assets

Taiwan’s FSC Releases Draft Law to Govern VASPs

By Nithya Subramanian | 28/03/2025

The Virtual Asset Service Act covers VASP licensing and operational requirements, stablecoin issuance, and penalties for non-compliance.

Crypto / Digital Assets

Korea Blocks 17 Unregistered Crypto Exchanges on Google Play

By Nithya Subramanian | 28/03/2025

KoFIU requested that 17 VASPs be blocked on Google Play as they don’t have a domestic registration as required under Korean law.

Enforcement

KoFIU Probing Foreign Crypto Exchanges Targeting Korean Users

By Mark Johnston | 26/03/2025

KoFIU is gathering evidence for damages cases against five foreign crypto exchanges operating without registration.

Crypto / Digital Assets

Crypto Scams Highlight ‘Digital Pivot’ in Money Laundering Tradecraft

By Nathan Lynch | 26/03/2025

The growth of cryptocurrency as a mainstream investment asset class has highlighted the need for new thinking in the fight against fraud and financial crime, writes Nathan Lynch.

Sanctions

Crypto Industry Seeking More Guidance on Sanctions Implementation

By Manesh Samtani | 25/03/2025

A lack of guidance for the virtual asset industry is undermining the effectiveness of sanctions, according to roundtable participants.

Crypto / Digital Assets

Thai SEC Exempts Fund Managers from Digital Asset Licence

By Thisanka Siripala | 24/03/2025

The new rules aim to integrate traditional financial institutions into the digital asset investment ecosystem.

Sanctions

OFAC Removes Crypto Mixer Tornado Cash from Sanctions List

By Manesh Samtani | 24/03/2025

The decision follows a court decision that Tornado Cash’s smart contracts do not qualify as ‘property’ under the IEEPA.