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Crypto / Digital Assets
Crypto Regulation is an Opportunity for Industry: Ding Chen, Bullish
By Editors | 13/04/2023
Ding Chen at digital asset exchange Bullish says increasing regulation presents an opportunity for crypto firms to gain a competitive advantage.

Crypto / Digital Assets
Blockchain Can Revolutionise Energy Sector – WEF Report
By Editors | 13/04/2023
The report offers guidance on conducting impact assessments of blockchain projects that encompasses environmental, social and economic impacts.

Crypto / Digital Assets
FTX Has Recovered Over $7.3b in Cash & Liquid Crypto
By Editors | 13/04/2023
FTX attorney Andy Dietderich reportedly said the situation has stabilised and “the dumpster fire is out”.

Crypto / Digital Assets
Hong Kong Doubles Down on Pledge to Develop Web3
By Editors | 13/04/2023
Financial Secretary Paul Chan said crypto market volatility provides an opportunity for Web3 development. SFC official said DeFi platforms require licensing.

Big Picture
BIS Bulletin Examines Stablecoins and Tokenised Deposits
By Mark Johnston | 12/04/2023
A new BIS bulletin says private tokenised money should be configured appropriately to ensure “singleness of money”.

AML / KYC
EU-Funded Report Explores Crypto Use in Darknet Markets
By Mark Johnston | 12/04/2023
Law enforcement needs training, resources, technology and cooperation to effectively investigate darknet markets, which grew 469-fold between 2011 and 2020.

Crypto / Digital Assets
China Fines Crypto Miner Bitmain for Tax Violations
By Manesh Samtani | 12/04/2023
Bitmain’s Beijing unit failed to withhold and pay personal income tax on employees’ salaries and other benefits totalling CNY 16.6 million.

Crypto / Digital Assets
New FTX Report Reveals Extent of Control Failures
By Manesh Samtani | 11/04/2023
FTX stored private keys in plain text documents without encryption on an FTX group server that was accessible by staff.

Crypto / Digital Assets
SEB, Crédit Agricole Launch Digital Bond Issuance Platform
By Editors | 11/04/2023
The platform uses a blockchain validation protocol called “Proof of Climate awaReness”, which incentivises participating nodes to improve their environmental impact.

Enforcement
Korea Arrests More Coinone Employees Over Bribery Allegations
By Editors | 11/04/2023
The employees are accused of engaging in bribery conduct to list digital assets on Coinone’s platform.
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