Crypto / Digital Assets

Crypto / Digital Assets

Indian Court Orders Takedown of Scam Crypto Websites

By Ajoy K Das | 03/09/2024

The order was granted after crypto firm Mudrex filed legal action to stop investors being scammed by websites using its name and brand.

Crypto / Digital Assets

Nasdaq Seeks Regulatory Approval to Launch Bitcoin Options

By Editors | 31/08/2024

Nasdaq said the options will enable investors to hedge their cryptocurrency investments. NYSE also applied for a similar approval earlier this year.

Crypto / Digital Assets

New Zealand to Implement Global Tax Reporting Framework for Crypto

By Jaya Prakash Balakrishnan | 31/08/2024

New Zealand crypto firms will start reporting user and transaction data to the Inland Revenue Department by 30 June 2027.

Crypto / Digital Assets

WFE Offers Recommendations on Crypto Custody Practices

By Editors | 30/08/2024

The recommendations draw lessons from traditional finance to guide crypto custody providers in creating a safer space for investors.

Crypto / Digital Assets

BCBS Paper Warns of Risks in Permissionless DLT Systems

By Manesh Samtani | 30/08/2024

New working paper describes the risks associated with permissionless DLT, highlighting the need for banks to adopt robust risk management strategies.

Crypto / Digital Assets

US SEC Settles Charges Against Crypto Firm Abra

By Editors | 30/08/2024

The SEC said Abra operated as an unregistered investment company and sold a retail crypto asset lending product that should have been registered.

Crypto / Digital Assets

HSBC Completes 3 PoC Use Cases in Project Ensemble Sandbox

By Sanday Chongo Kabange | 30/08/2024

The three PoC use cases involve digital bonds, interbank transfers of tokenised deposits, and eBL settlement via tokenised deposits.

Crypto / Digital Assets

US SEC Planning Legal Action Against NFT Platform OpenSea

By Editors | 29/08/2024

OpenSea CEO Devin Finzer said the SEC is threatening to sue because “they believe NFTs on our platform are securities”.

Crypto / Digital Assets

HKMA Launches New Sandbox for Tokenised Asset Transactions

By Sanday Chongo Kabange | 29/08/2024

The Project Ensemble Sandbox will facilitate interbank settlement using tokenised money for transactions involving tokenised assets.