Crypto / Digital Assets

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    Enforcement

    Upbit Facing Potential Business Restrictions for AML Noncompliance

    By Mark Johnston | 19/01/2025

    South Korea’s largest cryptocurrency exchange is facing restrictions on conducting business with new customers for up to three months

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    Crypto / Digital Assets

    MAS Unveils Scheme to Drive Digital Bond Issuance in Singapore

    By Nithya Subramanian | 18/01/2025

    The three schemes enhance tokenisation, promote green financing, and support companies raising capital in Singapore’s bond market.

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    Crypto / Digital Assets

    SFC Extends ‘Swift Licensing Process’ to New VATP Applicants

    By Sanday Chongo Kabange | 17/01/2025

    The SFC released a circular detailing the new licensing process as well as inspection findings identifying deficiencies in VATP systems and processes.

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    Crypto / Digital Assets

    Malaysia to Develop New Policy for Cryptocurrency and Blockchain

    By Nithya Subramanian | 17/01/2025

    Prime Minister Anwar Ibrahim announced plans to formulate a digital finance policy, which will be placed before the Cabinet for further deliberation.

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    Crypto / Digital Assets

    US, Japan, S Korea Issue Joint Warning Over DRPK Crypto Thefts

    By Thisanka Siripala | 17/01/2025

    North Korea’s cyber programme threatens the integrity and stability of the international financial system, the joint statement says

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    Crypto / Digital Assets

    Canton Network Initiates Collateral Management Project for Crypto Derivatives

    By Manesh Samtani | 17/01/2025

    The project is being launched in partnership with Digital Asset and QCP to address collateral management inefficiencies in the crypto derivatives market

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    Crypto / Digital Assets

    US Supreme Court Denies Binance Petition on Securities Law Applicability

    By Mark Johnston | 16/01/2025

    The US Supreme Court has rejected a request to review whether US securities laws apply to Binance, which doesn’t have a physical location

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    AML / KYC

    US Fines Crypto Firm BitMEX $100m for AML Violations

    By Nithya Subramanian | 16/01/2025

    The Justice Department said the penalty sends a clear message that companies which violate AML and KYC rules will face strict consequences.

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    Crypto / Digital Assets

    US Appeals Court Orders SEC to Explain Denial of Coinbase Petition

    By Thisanka Siripala | 15/01/2025

    The court said the SEC must provide a more complete explanation for its decision but did not order it to undertake a rulemaking process

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    Capital / Liquidity

    FSC Korea Includes Crypto Measures in Work Plan for 2025

    By Editors | 14/01/2025

    The annual work plan also includes measures to support market stability and the real economy, promote innovation in the financial industry, and enhance the capital market.

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