Crypto / Digital Assets

    image

    Fintech / Regtech

    Goldman Sachs to Make GS DAP Platform “Industry-owned”

    By Nithya Subramanian | 22/11/2024

    Goldman will establish a new, standalone company to spin out GS DAP so that it can be used by more participants to interoperate seamlessly.

    image

    Crypto / Digital Assets

    Former FTX CTO Gary Wang Sentenced, Avoids Prison Term

    By Nithya Subramanian | 21/11/2024

    Wang’s assistance had helped convict Sam Bankman-Fried. He even built a software programme to help the DOJ detect fraud in financial markets.

    image

    Crypto / Digital Assets

    US Court Jails Operator of Darknet Cryptocurrency Mixer ‘Helix’

    By Nithya Subramanian | 21/11/2024

    Helix was popular among online drug dealers to launder their illicit proceeds, processing $300m in cryptocurrency transactions between 2014 and 2017.

    image

    Crypto / Digital Assets

    Nasdaq Launches Options Trading on BlackRock’s Bitcoin ETF

    By Editors | 20/11/2024

    On the first day of trading, the options contract saw a record-breaking $1.9bn in notional exposure and drove Bitcoin to an all-time high.

    image

    AML / KYC

    US Court Jails Bitfinex Hacker for Laundering Stolen Bitcoin

    By Nithya Subramanian | 19/11/2024

    Ilya Lichtenstein was sentenced to five years in prison and his wife to 18 months for their roles in the 2016 Bitfinex hack.

    image

    Crypto / Digital Assets

    HKEX Goes Live With New Virtual Asset Index Series

    By Sanday Chongo Kabange | 18/11/2024

    The HKEX Virtual Asset Index Series consists of a reference index and reference rate for both Bitcoin and Ether.

    image

    Crypto / Digital Assets

    HKMA Warns Crypto Firms Against Misusing “Bank” Label

    By Sanday Chongo Kabange | 18/11/2024

    The HKMA says misuse of the label “bank” by unlicensed crypto firms may constitute a contravention of the Banking Ordinance.

    image

    Crypto / Digital Assets

    KoFIU Identifies Over 500,000 Potential KYC Violations at Upbit

    By Mark Johnston | 15/11/2024

    Upbit reportedly accepted identification from customers when the name or registration number on the ID was blurred and not properly identified.

    image

    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.

    image

    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.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team