Crypto / Digital Assets

Crypto / Digital Assets

CFTC Files Charges in First Romance Scam Case Involving Crypto

By Sanday Chongo Kabange | 22/06/2023

The CFTC says it is the first time it is handling a romance scam case involving digital asset commodities and forex.

Crypto / Digital Assets

Wall Street Firms Launch New Crypto Exchange, EDX Markets

By Editors | 22/06/2023

EDX Markets is backed by Charles Schwab, Citadel Securities, Fidelity Digital AssetsSM, Paradigm, Sequoia Capital, and Virtu Financial, among others.

Crypto / Digital Assets

MAS Grants Ripple In-Principle Approval to Offer DPT Services

By Editors | 22/06/2023

Ripple said the licence will allow it to offer regulated digital payment token products and services in Singapore and scale on-demand liquidity service.

Crypto / Digital Assets

Japan Crypto Firms Call for Looser Margin Trading Restrictions

By Editors | 22/06/2023

An existing 2x leverage cap for retail investors is intended to curb excessive speculation and protect investors from significant losses.

Enforcement

US DOJ Charges Russian Hacker for LockBit Ransomware Attacks

By Mark Johnston | 22/06/2023

Ruslan Astamirov is the third person to be charged over the LockBit ransomware variant. A global cybersecurity advisory has also been issued.

Crypto / Digital Assets

Cuscal Introduces New Requirements for Crypto Firms in Australia

By Ranamita Chakraborty | 22/06/2023

Digital currency exchanges have to meet additional requirements to continue using services on Cuscal’s platform.

Enforcement

Terra Founder Jailed for Four Months in Montenegro

By Mark Johnston | 22/06/2023

Do Kwon and another former Terra executive were arrested in Montenegro in March for possessing fake passports.

Big Picture

French Regulator Calls for Global Approach to DeFi Regulation

By Editors | 21/06/2023

The AMF seeks a “balanced regulatory framework that will help support the sound development of decentralised finance in the long run”.

Crypto / Digital Assets

MAS Proposes Common Digital Money Standards

By Karen Ng | 21/06/2023

MAS has published a whitepaper specifying conditions for the use of digital money.