Crypto / Digital Assets

Crypto / Digital Assets

Investor Protection is Key to Singapore, Hong Kong Crypto Regulations

By Nithya Subramanian | 08/11/2023

As Singapore and Hong Kong regulators navigate the fast-changing digital assets landscape, investor protection takes centerstage.

Crypto / Digital Assets

SFC Awards Licences to HK Unit of Swiss Crypto Bank, SEBA

By Manesh Samtani | 08/11/2023

The licences allow SEBA Hong Kong to deal in, advise on, and conduct asset management for traditional securities and virtual assets.

Crypto / Digital Assets

UK Regulators Set Out Roadmap for Regulating Stablecoins

By Manesh Samtani | 07/11/2023

The FCA and BOE published discussion papers outlining the UK’s proposed regulatory approach for regulating fiat-backed stablecoins.

AML / KYC

Singapore to Monitor Money Laundering Risks from Crypto Exchange Applicants

By Nithya Subramanian | 06/11/2023

The regulator will reject applicants who fail to meet the required standards for ML/TF and technology risks.

Crypto / Digital Assets

CPMI Assesses Benefits of Stablecoins in Cross-border Payments

By Manesh Samtani | 05/11/2023

CPMI says stablecoins would not necessarily have a positive impact on cross-border payments even if they were properly designed and regulated.

Crypto / Digital Assets

FCA Finalises Guidance on Cryptoasset Financial Promotions

By Editors | 05/11/2023

Crypto promotions should apply the Consumer Duty; finfluencers should disclose commercial relationships; regulated status should not be used in a promotional way.

Crypto / Digital Assets

SFC Issues Rules for Tokenised Securities and Investment Products

By Manesh Samtani | 03/11/2023

Tokenised securities have to meet the same requirements as traditional securities. Primary dealing of tokenised investment products will be allowed.

Crypto / Digital Assets

Tokenisation Steers Paradigm Shift in Finance: BIS Innovation Hub

By Georgina Lee | 03/11/2023

The next paradigm shift for financial assets is tokenisation, BIS Innovation Hub head Cecilia Skingsley said at Hong Kong Fintech Week.

AML / KYC

US Jury Convicts FTX’s Sam Bankman-Fried on Fraud Charges

By Editors | 03/11/2023

Bankman-Fried faces up to 110 years in prison when he is sentenced in March. He also faces another trial for alleged foreign bribery and bank fraud conspiracies.