Crypto / Digital Assets

Crypto / Digital Assets

The Future of Securities Tokenisation and Crypto Regulation 

By Hannah Cassidy | 22/02/2024

With crypto currencies and assets firmly lodged in the public mind, regulators need to lay guardrails to facilitate innovation and combat misbehaviour.

Crypto / Digital Assets

UK Seeking to Introduce Stablecoin, Staking Rules Within Six Months

By Mark Johnston | 21/02/2024

The UK government is “pushing very hard” to enact the new rules as soon as possible, Economic Secretary Bim Afolami said.

Crypto / Digital Assets

Cybercrime Group LockBit Has Been Dismantled

By Manesh Samtani | 21/02/2024

Law enforcement from ten countries have disrupted the criminal operation of the LockBit ransomware group.

Crypto / Digital Assets

HKMA Sets Standards for Digital Asset Custodial Services

By Manesh Samtani | 21/02/2024

HKMA circular sets out expectations standards for banks that wish to provide digital asset custodial services to clients.

Crypto / Digital Assets

HKMA Sets Out Expectations on Tokenised Product Offerings

By Manesh Samtani | 20/02/2024

HKMA circular sets out expectations for the sale and distribution of tokenised products in respect of due diligence, disclosure and risk management.

Crypto / Digital Assets

Japan: Cabinet Approves Bill to Allow VC Investment in Crypto

By Editors | 20/02/2024

The move is expected to enable VC firms to engage in projects that exclusively deal with crypto issuance, such as Web3 startups.

Enforcement

AFP Officer Charged with Stealing Bitcoin from Drug Bust

By Mark Johnston | 17/02/2024

The 2019 theft was discovered in 2021, when police implemented new tracing tools and tracked the crypto to Binance.

Crypto / Digital Assets

More Clarity in Rules Key to Tokenisation of VCCs

By Nithya Subramanian | 15/02/2024

Tokenising VCCs provides the opportunity to drive greater operational cost efficiencies across the fund lifecycle and explore new business models.

AML / KYC

KoFIU Workplan for 2024 Has a Heavy Focus on Crypto

By Manesh Samtani | 15/02/2024

KoFIU will also block “unqualified operators” from entering the market and “expel unqualified operators that have already entered the market”.