CRYPTO / DIGITAL ASSETS

Crypto / Digital Assets

Terra Collapse Sparks Regulatory Change, Lawsuits in Korea

By Mark Johnston | 26/05/2022

The FSC says thirteen relevant bills on digital asset investor protection are currently pending at the National Assembly.

Crypto / Digital Assets

SWIFT to Develop Capabilities to Interlink CBDCs With Payment Systems

By Sanday Chongo Kabange | 25/05/2022

SWIFT will seek to interlink multiple CBDC platforms with existing payment systems, using existing bank messaging standards and authentication models.

Crypto / Digital Assets

GBBC, GDF Merge to Create 500 Member Association

By Editors | 25/05/2022

The combined influence of GBBC and GDF is expected to help facilitate global collaboration on a robust global framework for crypto assets.

Fintech / Regtech

SET, UOB Join SGX, Temasek as Investors in ADDX

By Editors | 25/05/2022

SET’s move to invest in ADDX reflects a trend towards a “new capital market landscape that emphasises continuity between the public and private markets”.

Fintech / Regtech

Sumitomo Mitsui Trust to Establish Crypto Custody Company

By Sanday Chongo Kabange | 25/05/2022

The new company will be a joint venture between Japanese crypto exchange Bitbank and hold digital assets for institutional investors.

Securities / Derivatives

CME to Launch Crypto Reference Rates, Indices in Euro

By Editors | 24/05/2022

New non-tradable EUR-denominated reference rates and real-time indices for Bitcoin and Ether will be published starting 6 June.

AML / KYC

G7 Urges FSB to Swiftly Develop Regulations for Crypto

By Manesh Samtani | 22/05/2022

FSB asked to “advance the swift development and implementation of consistent and comprehensive regulation of crypto-asset issuers and service providers”.

AML / KYC

Crypto Firms Launch Scam Reporting Platform: Chainabuse

By Editors | 22/05/2022

Chainabuse is backed by TRM Labs, Solana Foundation, Circle, OpenSea, Binance, The Aave Companies, CIVIC, and Hedera.

AML / KYC

Australia: FSC Calls for Measures to Stop Online Scam Ads

By Editors | 22/05/2022

The Financial Services Council is calling for the introduction of a mandatory code of conduct for digital platforms like Facebook and Google to prevent financial scams.