Crypto / Digital Assets

AML / KYC

Singapore Jails Man for Laundering Chinese Funds with USDT

By Nithya Subramanian | 15/04/2025

The scheme involved using cash from China-issued bank cards to purchase gold in Singapore which was subsequently converted to USDT.

Crypto / Digital Assets

Philippine SEC Launches New Regulatory Sandbox for Crypto

By Sanday Chongo Kabange | 15/04/2025

The SEC is inviting firms to apply to participate in testing products and services in a new crypto regulatory sandbox.

AML / KYC

Thailand Unveils Measures to Combat Digital Asset Mule Accounts

By Manesh Samtani | 15/04/2025

Digital asset businesses will be obligated to exchange information, screen, and suspend transactions or accounts linked to technology-related crimes

AML / KYC

Korean Banks Call for Relaxing Crypto Rules: Report

By Nithya Subramanian | 15/04/2025

Korean bankers called for a relaxation of rules to allow virtual asset exchange to have more than one banking partner.

Crypto / Digital Assets

SFC Grants First Approvals Allowing Crypto Staking Services

By Sanday Chongo Kabange | 14/04/2025

HashKey and OSL can expand their product and service offerings to provide staking as a service to clients, including retail clients.

Crypto / Digital Assets

US Authorities End ‘Regulation by Prosecution’ for Digital Assets

By Manesh Samtani | 14/04/2025

The SEC is considering introducing an exemptive relief framework that allows crypto firms to operate until federal regulations are in place.

Crypto / Digital Assets

Japan FSA Seeks Feedback on Future of Crypto Regulation

By Thisanka Siripala | 11/04/2025

The FSA expressed concerns about inadequate disclosures, misleading investment schemes, and insider trading risks.

Crypto / Digital Assets

Thai SEC Seeks Feedback on Digital Asset Disclosure Rules

By Mark Johnston | 11/04/2025

Thai SEC aims to bolster oversight and risk monitoring of digital asset businesses through updated data collection guidelines.

Big Picture

Regulatory Fragmentation Hindering Growth of Tokenised Finance – Report

By Thisanka Siripala | 10/04/2025

Regulatory fragmentation, cross-platform settlement and token contract standardisation are the key challenges to to widespread adoption of tokenised financial assets.