Crypto / Digital Assets

Crypto / Digital Assets

DBS to Launch Crypto Options and Structured Notes

By Nithya Subramanian | 20/09/2024

DBS will allow eligible investors to use options trading and structured notes to gain or hedge exposures to Bitcoin and Ethereum.

Enforcement

US SEC Files First Charges Involving Romance Scams

By Nithya Subramanian | 20/09/2024

In the first charges of this type, the SEC alleges that fraudsters used social to lure investors to fake crypto platforms before stealing their money.

Crypto / Digital Assets

UK Banks Complete Experimental Phase of Digital Money Project

By Mark Johnston | 20/09/2024

UK Finance and its member banks have successfully completed the experimental phase of a tokenisation and CBDC platform.

Enforcement

US SEC Fines Former FTX Auditor for Negligence-related Fraud

By Nithya Subramanian | 19/09/2024

Prager Metis issued two audit reports for FTX between 2021 and 2022, but failed to comply with auditing standards and apply “due care” in those audits.

Crypto / Digital Assets

Australia Launches Three Year Digital Money Roadmap

By Thisanka Siripala | 19/09/2024

The RBA has decided to prioritise the development of wholesale CBDC rather than retail CBDC. Next month it will launch a “public phase” of its wholesale CBDC project.

Crypto / Digital Assets

FTX Founder Files Appeal Against Fraud Conviction

By Thisanka Siripala | 18/09/2024

Sam Bankman-Fried’s lawyers argue that the judge in the case undermined the defence and blocked evidence from being shown in court.

Crypto / Digital Assets

FSC Korea to Launch Virtual Asset Committee This Month

By Editors | 18/09/2024

The committee will discuss issues including a second stage of legislation for the virtual asset market and potential approval of spot crypto ETFs in Korea.

Crypto / Digital Assets

Switzerland’s SIX Explores Launching Crypto Exchange

By Thisanka Siripala | 18/09/2024

The platform is expected to cater to the growing institutional interest in the crypto space, rather than retail investors.

Crypto / Digital Assets

Thai SEC Consults on Measures to Improve Investment Token Ecosystem

By Nithya Subramanian | 17/09/2024

Securities and futures firms will be allowed to carry out business involving cryptocurrency and investment tokens through separate legal entities.