Crypto / Digital Assets

Crypto / Digital Assets

India Supreme Court Presses Government on Crypto Regulation

By Nithya Subramanian | 22/05/2025

The top court criticised the government for taxing crypto at 30 percent without putting in place corresponding regulation.

Crypto / Digital Assets

ASIC Seeks High Court Ruling on Crypto ‘Financial Products’

By Editors | 22/05/2025

ASIC challenges Block Earner ruling, seeking High Court clarity on the regulatory scope of crypto “financial products.”

Crypto / Digital Assets

Hong Kong Legislative Council Passes Stablecoin Ordinance

By Sanday Chongo Kabange | 21/05/2025

The ordinance, set to take effect later this year, will require issuers of fiat-referenced stablecoins to be licensed by HKMA to be offered in Hong Kong.

Enforcement

Vietnam Proposes New Penalties Regime for Crypto Market Violations

By Mark Johnston | 21/05/2025

A new draft decree proposes fines for violations in the cryptocurrency sector, including market manipulation and unlicensed operations.

AML / KYC

Korea Tightens Crypto AML Rules Ahead of Institutional Opening Up

By Manesh Samtani | 21/05/2025

South Korea is enhancing AML requirements ahead of opening up its virtual asset market to broader institutional participation, starting with NPOs and crypto exchanges.

Big Picture

FS-ISAC Outlines Cyber Threats Facing FIs in 2025

By Manesh Samtani | 20/05/2025

New report highlights growing cyber threats facing the financial sector, driven by emerging technologies, scam networks, and geopolitical instability.

Crypto / Digital Assets

US DOJ to Investigate India-linked Cyberattack at Coinbase

By Nithya Subramanian | 20/05/2025

The attackers used Coinbase employees and contractors based in India to obtain customer data, which they used to scam customers.

Securities / Derivatives

ISDA Paper Proposes Reforms to Optimise Derivatives Market

By Sanday Chongo Kabange | 19/05/2025

New whitepaper outlines 15 specific measures that could unlock billions in annual savings for the derivatives market.

Enforcement

AUSTRAC Fines Cointree for Late Suspicious Transaction Reports

By Mark Johnston | 18/05/2025

Crypto exchange penalised for failing to submit SMRs on time on four occasions. AUSTRAC CEO said timely reporting is critical.