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AML / KYC
Crypto Industry Needs ‘Unified Approach’ to Travel Rule Compliance
By Manesh Samtani | 25/04/2023
A new report from Notabene offers insight into how prepared crypto firms are for upcoming regulatory deadlines relating to the Travel Rule.

Crypto / Digital Assets
Lawmakers to Grant BOK Powers to Obtain Data from Crypto Firms
By Editors | 25/04/2023
Bank of Korea has expressed concerns that financial stability risks could be transmitted from the crypto market to traditional finance.

AML / KYC
OFAC Sanctions Three for Facilitating Lazarus Group Activities
By Editors | 25/04/2023
China-based and Hong Kong-based crypto traders and a North Korean national were sanctioned for laundering illegal proceeds for Lazarus Group.

Crypto / Digital Assets
US Government to Allow Voyager-Binance.US Deal to Proceed
By Editors | 24/04/2023
The DOJ is prepared to allow the deal to proceed, provided that the contentious elements be put on hold pending a legal appeal.

Crypto / Digital Assets
FIX Protocol Adopts Digital Token Identifier ISO Standard
By Editors | 24/04/2023
Adding the DTI to FIX will allow the industry to incorporate the trading and settlement of digital assets into their current trading and settlement operations.

Crypto / Digital Assets
VC Firm Tribe Capital Eyes $250m Fund Raise to Restart FTX
By Mark Johnston | 24/04/2023
FTX’s creditors are in talks with Tribe Capital, a venture capital firm that is interested in leading a $250mn fund raise to restart the exchange.

Crypto / Digital Assets
US SEC Issues Guidance on Providing Advice to Retail Investors
By Sanday Chongo Kabange | 21/04/2023
Finance professionals should apply “heightened scrutiny” when recommending or advising on complex and risky products, such as crypto asset securities.

Crypto / Digital Assets
Russia Plans to Allow Crypto in Cross-border Trade Deals
By Editors | 21/04/2023
Special organisations will be created to mine crypto and process payments for cross-border export and import deals.

Big Picture
ISLA Details Benefits of Tokenisation in Securities Financing Market
By Editors | 21/04/2023
The paper discusses how tokenisation of assets can open up multiple opportunities for the securities financing industry.

Crypto / Digital Assets
Societe Generale Launches EUR Stablecoin on Public Blockchain
By Editors | 21/04/2023
The stablecoin’s legal structure guarantees complete segregation of the collateral assets held to back its value.
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