CRYPTO / DIGITAL ASSETS

    Crypto / Digital Assets

    Australia Opens Consultation on Regulatory Regime for Crypto

    By Manesh Samtani | 22/03/2022

    The consultation proposes minimum standards of conduct, AML compliance obligations, and fit and proper requirements for directors and key persons.

    Securities / Derivatives

    IOSCO to Develop Regulatory Toolkit on Retail Investor Protection

    By Manesh Samtani | 21/03/2022

    IOSCO consultation asks whether certain gamification should be regulated or prohibited, and whether regulators should be monitoring crypto-asset trading by retail investors.

    AML / KYC

    Russia Promises to Contain Economic Fallout from Sanctions

    By Manesh Samtani | 21/03/2022

    Australia bans alumina exports to Russia. India is working on a rupee-ruble trade arrangement that would allow it to continue buying Russian energy.

    Fintech / Regtech

    Ripple Calls on Korea to Further Develop Digital Assets Framework

    By Editors | 19/03/2022

    New policy paper calls for the implementation of a “risk-sensitive” digital asset regulatory framework to provide certainty and encourage innovation in the sector.

    AML / KYC

    NZ Regulators Issue Guidance on Russia Sanctions Compliance

    By Manesh Samtani | 19/03/2022

    The guidance highlights the need for reporting entities to conduct due diligence to understand who has effective control or beneficial ownership of legal structures.

    Crypto / Digital Assets

    CFTC Consults on Crypto Derivatives Model Proposed by FTX

    By Mark Johnston | 19/03/2022

    Under the proposed model, customers would have to post margin to open a position, and the margin level will be recalculated every 30 seconds as positions are marked to market.

    Fintech / Regtech

    Australian Regulators Call for Action to Regulate Crypto Sector

    By Sanday Chongo Kabange | 18/03/2022

    The RBA’s Philip Lowe, ASIC’s Joe Longo and APRA’s Wayne Byres are calling additional regulation to protect consumers from risks associated with the crypto sector.

    Fintech / Regtech

    SIX, LMAX Group to Launch 24/7 Traded Crypto Futures

    By Editors | 17/03/2022

    The launch will initially include centrally cleared USD settled Bitcoin and Ethereum futures, trading 23 hours, five days a week.

    AML / KYC

    US Treasury, DOJ Launch Global Task Force to Target Russian Assets

    By Manesh Samtani | 17/03/2022

    FinCEN is meanwhile taking steps to boost cooperation with the FIUs of Australia, Canada, France, Germany, Italy, Japan, New Zealand, the UK , and the Netherlands.

    AML / KYC

    MAS Issues Guidance on Russia Sanctions Compliance

    By Manesh Samtani | 17/03/2022

    Crypto exchange operators have all been instructed to provide details of their Russia-linked clients to the regulator.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team