CRYPTO / DIGITAL ASSETS

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    Enforcement

    Australian Court Rules in ASIC’s Favour in ‘Qoin Wallet’ Case

    By Editors | 03/05/2024

    The ruling is the first court outcome against a non-cash payment facility involving crypto, ASIC’s Joe Longo noted.

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    Sanctions

    US Senators Raise Concerns Over Iran’s Crypto Mining

    By Editors | 03/05/2024

    A letter from two US senators asks government officials about the steps being taken to address Iranian crypto mining and sanctions evasion.

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    Crypto / Digital Assets

    Capital Markets Regulators Committed to Innovating With Tokenisation

    By Nithya Subramanian | 02/05/2024

    The UK FCA’s Rupert Harrison and Thai SEC’s Kris Tontipiromya discussed their tokenisation work at the recent Digital Assets Asia 2024.

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    AML / KYC

    Australia Opens 2nd Consultation on ‘Tranche 2’ AML Reforms

    By Manesh Samtani | 02/05/2024

    The proposed reforms will extend the AML/CTF regime to cover Tranche 2 entities and a broader range of digital currency-related services.

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    Crypto / Digital Assets

    India Collaborates with US FBI on Crypto Scam Case

    By Ajoy K Das | 01/05/2024

    The joint operation uncovered a $360mn scam involving drug trafficking, crypto payments and the dark web.

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    AML / KYC

    US Court Sentences Binance Founder to Four Months Jail

    By Editors | 01/05/2024

    The sentence was below the three years requested by prosecutors and the 18 month maximum recommended under federal guidelines.

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    Crypto / Digital Assets

    Russia to Tighten Regulations for Crypto Mining Operations

    By Editors | 01/05/2024

    Earlier it was reported that Russia was planning to ban private cryptocurrencies outright, but a lawmaker has dispelled this notion.

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    Enforcement

    QLD Police Charge Four for ‘Boiler Room’ Investment Fraud

    By Sanday Chongo Kabange | 01/05/2024

    Approximately 30 people were defrauded of over A$1.5 million between 2018 and 2021. Four people were arrested and charged.

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    Sanctions

    Chinese Firms Turning to Illegal Channels for Russia Business

    By Editors | 30/04/2024

    With China’s big banks no longer processing Russia-related payments, exporters are increasingly turning to underground channels including cryptocurrency.

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    Crypto / Digital Assets

    ASX Expected to Approve More Bitcoin ETFs This Year – Report

    By Nithya Subramanian | 30/04/2024

    VanEck Associates, BetaShares, and local player DigitalX have lodged applications with ASX to list spot Bitcoin ETFs.

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