Crypto / Digital Assets

Crypto / Digital Assets

Korean Court Jails Former Crypto Execs for Running Ponzi Scheme

By Editors | 04/01/2023

Crypto exchange V Global promised to triple investments in six months, then used funds from new members to make payouts to existing members.

AML / KYC

HKMA to Scale Up AML Efforts in 2023: Carmen Chu

By Bradley Maclean | 04/01/2023

Executive Director Carmen Chu discusses the actions the HKMA is taking to disrupt AML threats to Hong Kong, and technology initiatives that are making a difference.

Crypto / Digital Assets

US Banking Regulators Issue Statement Warning of Crypto Risks

By Editors | 04/01/2023

“It is important that risks related to the crypto-asset sector that cannot be mitigated or controlled do not migrate to the banking system,” the statement says.

Crypto / Digital Assets

US Court Sets October Date for Bankman-Fried Trial

By Manesh Samtani | 04/01/2023

Bankman-Fried pleaded not guilty to all eight charges against him. The court set a 2 October 2023 date for trial, which is expected to last about four weeks.

Crypto / Digital Assets

China Launching National Digital Assets Platform

By Editors | 03/01/2023

The platform will allow users to register, store and protect intellectual property rights and digital collectibles.

Crypto / Digital Assets

Japan Relaxing Rules on Stablecoins, Token Listings

By Editors | 03/01/2023

FSA proposes to allow crypto firms to handle transactions using foreign issued stablecoins. The JVCEA has relaxed its token listing rules.

Crypto / Digital Assets

Boston Fed, MIT Conclude CBDC Research Project

By Editors | 02/01/2023

Project Hamilton focused on better understanding the capabilities and limitations of different technologies that might be used to manage and transfer CBDCs.

Crypto / Digital Assets

UK ASA Orders Removal of “Misleading” Crypto.com Ad

By Editors | 27/12/2022

The ASA said the ad was misleading because “it failed to illustrate the risk of investing in NFTs” and “it didn’t make clear that fees would apply”.

Crypto / Digital Assets

Bank of Canada Papers Shine Spotlight on Stablecoins

By Sanday Chongo Kabange | 27/12/2022

The first paper calls for effective regulation to gain payments-related benefits. The second highlights concentration risks applicable to stablecoins and their holders.