CRYPTO / DIGITAL ASSETS

Crypto / Digital Assets

NZ Official Hints at Future Crypto Regulatory Framework

By Sanday Chongo Kabange | 15/04/2024

Andrew Bayly acknowledged the risk of regulatory arbitrage “if New Zealand does not keep in step with” major digital asset regulatory developments.

Market Infrastructure

IOSCO Establishes New Workstreams on AI, Tokenisation

By Manesh Samtani | 15/04/2024

New workstreams on green finance and credit default swaps will also be created, according to IOSCO’s updated work plan for 2024.

Crypto / Digital Assets

Crypto Firms Question Viability of Operating in Hong Kong – Report

By Sanday Chongo Kabange | 13/04/2024

Hong Kong’s regime has restrictions that limit access to overseas investors, raising doubts about long-term business viability.

Crypto / Digital Assets

ESMA Examines Crypto Risks Ahead of MiCA Implementation

By Nithya Subramanian | 12/04/2024

ESMA warns of concentration risks and inadequate transparency, but says MiCA will help address such issues.

AML / KYC

Taiwan Crypto Exchange Founder Charged for Money Laundering

By Nithya Subramanian | 12/04/2024

Taiwanese prosecutors have indicted the founder of ACE Exchange, David Pan, for a crypto fraud involving more than $10mn.

Crypto / Digital Assets

Consumers Value Privacy Over Safety When Considering a CBDC: RBA

By Editors | 12/04/2024

Consumers attach no value to the added safety of a CBDC, or the fact that it would be issued by the RBA, as bank deposits are already considered safe.

Crypto / Digital Assets

US SEC Warns Crypto Firm Uniswap of Impending Lawsuit

By Editors | 11/04/2024

Uniswap said it received a Wells notice from the SEC focusing on whether the tokens it offers are securities, which the company denies.

Crypto / Digital Assets

ASIC Appeals Court Ruling in ‘Finder Earn’ Crypto Case

By Sanday Chongo Kabange | 11/04/2024

ASIC filed an appeal due to concerns that the Finder Earn product was offered without the appropriate licence or authorisation.

Big Picture

BIS Paper Calls for Global Consistency in Stablecoin Regulation

By Manesh Samtani | 11/04/2024

Despite commonalities in the regulatory efforts across jurisdictions, the regulatory landscape remains “diverse and fragmented”, the paper says.