Crypto / Digital Assets

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.

Crypto / Digital Assets

MAS Grants Paxos Full Approval to Offer Stablecoins in Singapore

By Nithya Subramanian | 03/07/2024

Paxos is partnering with DBS Bank for cash management and the custody of stablecoin reserves.

Crypto / Digital Assets

Canton Network Launches Decentralised Interoperability Infrastructure

By Editors | 02/07/2024

The “Global Synchronizer” enhances interoperability on the Canton Network, which is designed to enable tokenisation and frictionless exchange of regulated financial assets and liabilities.