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Crypto / Digital Assets
Fed Vice Chair Calls for Swift Action on Crypto Regulation
By Editors | 11/07/2022
This is the right time to establish which crypto activities are permissible for regulated entities and under what constraints, Lael Brainard said.
Crypto / Digital Assets
US Treasury Outlines Approach to International Engagement on Crypto
By Editors | 11/07/2022
The US will promote the adoption and implementation of international standards while ensuring a “coordinated message” and limiting duplication of work.
Crypto / Digital Assets
Crypto Firm Voyager Digital Files for Bankruptcy, FDIC Opens Probes
By Editors | 08/07/2022
Voyager previously used wording on a company web page implying that deposit protection could apply in the event of the company’s own failure.
Crypto / Digital Assets
IOSCO Outlines Planned Work to Address Crypto Market Risks
By Editors | 07/07/2022
The roadmap will initially focus IOSCO’s Fintech Taskforce on work to analyse and respond to market integrity and investor protection concerns.
Crypto / Digital Assets
South Korea Launches First Crypto Bank Service
By Editors | 07/07/2022
The “crypto bank” offers multiple financial services for crypto assets including deposits, loans, asset transactions, and withdrawals.
Crypto / Digital Assets
Chinese Bigtechs Pledge to Prevent, Deter NFT Speculation
By Editors | 07/07/2022
Tencent and Ant Group are among those that have pledged to adhere to China’s crypto ban and prevent speculation on platforms that deal in ‘digital collectibles’.
Crypto / Digital Assets
Japanese Brokerages to Launch Digital Token Operations – Report
By Editors | 07/07/2022
Nomura and SBI will invest in and offer services to support startups and other companies that are looking to raise funds using digital tokens.
Crypto / Digital Assets
Crypto Industry Seeks Public Sector Support on Sanctions Issues
By Manesh Samtani | 06/07/2022
More than 15 million crypto addresses have been linked to criminal activity with a nexus in Russia, a new GDF report says.
AML / KYC
EU Council Agrees Position on Bloc-Wide AML Authority
By Editors | 06/07/2022
The AMLA will directly supervise certain types of credit and financial institutions, including crypto asset service providers, starting in 2026.
Enforcement
Korea FSS Expands Banking Industry Probe into FX Trading
By Editors | 06/07/2022
The probe was prompted by abnormal trading activity at Woori and Shinhan Bank. Other banks have been asked to conduct internal inspections.
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