CRYPTO / DIGITAL ASSETS

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.

Sanctions

US Treasury Official Calls for Expanded Tools to Target Crypto

By Manesh Samtani | 10/04/2024

Without Congressional action, the use of virtual assets by terrorists, ransomware actors and rogue nations will only grow, said Wally Adeyemo.

Crypto / Digital Assets

Korea to Soon Release Listing Guidelines for Virtual Assets

By Editors | 09/04/2024

Crypto platforms will not be allowed to list tokens that have had security incidents, unless the cause has been identified and explained and the damage has been recovered.

Crypto / Digital Assets

China Asset Management Applies to Launch Spot Bitcoin ETF in HK

By Editors | 09/04/2024

China Asset Management, one of the Mainland’s largest asset management companies, also has a cooperation agreement with HashKey.

Crypto / Digital Assets

Google Sues Crypto Scammers Over Fraudulent Apps

By Nithya Subramanian | 09/04/2024

Google said it is the first tech company to take action against crypto scammers, and that it is doing so as a way to establish legal protections for users.