Crypto / Digital Assets

Defunct Crypto Exchange Mt Gox Starts Repaying Creditors

By Editors | 09/07/2024

Mt. Gox was forced to close in 2014 after a major hack. Creditors have waited 10 years for repayments, which are now expected to be completed within 90 days.

Crypto / Digital Assets

Schroders Launches Pilot Project to Tokenisation ILS Assets

By Editors | 06/07/2024

The project aims to enhance transparency, streamline investment processes and improve client experience in the reinsurance sector.

Crypto / Digital Assets

Circle Secures First Stablecoin License under EU’s MiCA Framework

By Nithya Subramanian | 05/07/2024

Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.

Crypto / Digital Assets

EBA Publishes Travel Rule Guidelines for Crypto Sector

By Editors | 05/07/2024

The guidelines specify the information that should accompany crypto transfers, and what CASPs should do when information is missing.

Securities / Derivatives

ESMA Publishes Trade Transparency Standards for MiCA

By Editors | 05/07/2024

ESMA report includes standards for how crypto trading platforms should publish data required for pre-and post-trade transparency.

Capital / Liquidity

BCBS Finalises Disclosure Framework for Bank Crypto Exposures

By Manesh Samtani | 04/07/2024

The BCBS also approved revisions to the cryptoasset standard and IRRBB standard, and agreed to consult on principles for managing third-party risk.

Sanctions

Russia Urges Crypto Use for Cross-border Payments

By Editors | 04/07/2024

CBR governor Elvira Nabiullina said Russia has softened its stance on the use of cryptocurrencies in international payments.

Crypto / Digital Assets

US SEC Charges Consensys for Operating as Unregistered Broker

By Manesh Samtani | 03/07/2024

The SEC said Consensys Software Inc sold unregistered securities and performed brokerage functions by offering staking services in its popular wallet tool.

Capital / Liquidity

US Regulators Announce $63m Settlement With Silvergate

By Manesh Samtani | 03/07/2024

Silvergate, once a popular bank for crypto firms, agreed to penalties for AML noncompliance and misleading statements to investors.

Enforcement

SEC Lawsuit Against Binance May Proceed, Court Rules

By Manesh Samtani | 03/07/2024

Binance already settled DOJ, Treasury and CFTC charges for $4.3bn, but the SEC’s case was not included in the settlement.

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