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Securities / Derivatives
Major FMIs Offer Blueprint for Digital Asset Ecosystem
By Editors | 30/05/2024
DTCC, Clearstream And Euroclear seek to promote the adoption and acceptance of tokenisation and digital asset securities.
Crypto / Digital Assets
Authorities Take Down “World’s Largest” Malicious Botnet
By Editors | 30/05/2024
US authorities, with international partners, arrested the botnet’s administrator and seized infrastructure and assets.
Crypto / Digital Assets
US Treasury Publishes Illicit Finance Risk Assessment on NFTs
By Editors | 30/05/2024
NFTs are “highly susceptible” to use in fraud and scams, but “rarely” used for proliferation financing or terrorist financing.
Enforcement
Former FTX Executive Sentenced to 7.5 Years in Prison
By Editors | 29/05/2024
Former FTX executive Ryan Salame was also ordered to pay more than $6mn in forfeiture and more than $5mn in restitution.
Crypto / Digital Assets
SFC Warns of Impending Deadline Under VATP Regime
By Editors | 29/05/2024
The SFC will conduct on-site inspections in the coming months to ascertain compliance by the ‘deemed-to-be-licensed’ VATP applicants.
Crypto / Digital Assets
Nomura Announces New Project to Launch Stablecoins
By Mark Johnston | 28/05/2024
Nomura Holdings has announced a partnership with GMO Internet Group and Laser Digital Holdings to launch JPY and USD stablecoins.
Crypto / Digital Assets
US House Passes Legislation to Block Fed-Issued CBDC
By Mark Johnston | 28/05/2024
The CBDC Anti-Surveillance State Act aims to halt the Federal Reserve’s efforts towards developing a digital dollar.
Crypto / Digital Assets
Australian Digital Assets Reform: An Acquired Taste or Unique Approach?
By Rahul Advani | 28/05/2024
Some questions remain with Canberra’s uniquely Australian approach to digital asset reform, says Rahul Advani.
Crypto / Digital Assets
US SEC Approves Rule Change for Spot Ether ETFs
By Editors | 27/05/2024
The rule change coincides with a deadline for the SEC to decide whether the VanEck Ethereum ETF could proceed.
Crypto / Digital Assets
Hong Kong Considers Allowing Staking for Ether ETFs
By Mark Johnston | 27/05/2024
If staking is allowed, ETF investors could earn passive income by locking tokens on the Ethereum network to help validate transactions.
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