Crypto / Digital Assets

Crypto / Digital Assets

MAS Grants MPI License to Crypto Custody Firm BitGo

By Nithya Subramanian | 14/08/2024

BitGo will be able to provide institutional clients with secure digital asset transactions through its insured cold storage custody platform.

Crypto / Digital Assets

The Path Forward: Making Tokenisation a Reality in Singapore

By Justin Christopher | 13/08/2024

Justin Christopher discusses the importance of robust collaboration between businesses and regulators, and aspects of DLT that are often overlooked.

Crypto / Digital Assets

Thailand SEC Launches Digital Asset Regulatory Sandbox

By Editors | 12/08/2024

Six types of digital asset services will be allowed to participate in sandbox testing, subject to them meeting certain qualifications.

AML / KYC

US Fed Imposes Conditions on Customers Bank for AML Deficiencies

By Manesh Samtani | 12/08/2024

The Fed cited risk management deficiencies relating to an instant payments platform used to enable crypto firms to make around-the-clock US dollar payments.

Crypto / Digital Assets

Indonesia’s OJK Unveils Roadmap for Fintech, Digital Asset Development

By Nithya Subramanian | 12/08/2024

The roadmap aims to enhance regulation, supervision, and industry growth through a phased approach, promoting financial stability and inclusion.

Crypto / Digital Assets

NY Fed Assesses Effectiveness of Tornado Cash Sanctions

By Editors | 11/08/2024

The study found that non-cooperation with the Tornado Cash sanctions was not monetarily driven, but instead motivated by “philosophical reasons”.

Crypto / Digital Assets

US Court Approves $12.7B Settlement Between CFTC, FTX

By Editors | 09/08/2024

The CFTC’s Ian McGinley said the settlement represents the largest recovery for investors in the regulator’s history.

Crypto / Digital Assets

Singapore Court Sentences Crypto CTO for Investment Scam

By Ranamita Chakraborty | 09/08/2024

Wang Xinghong developed a crypto mining app that allowed A&A Blockchain to input fake numbers to misrepresent investor returns.

Crypto / Digital Assets

UK FCA Issues Further Guidance on Crypto Advertising

By Ranamita Chakraborty | 09/08/2024

An FCA review found both positive examples of good practice and instances where firms failed to meet regulatory standards around financial promotions.