Crypto / Digital Assets

AML / KYC

US Sanctions, Files Criminal Charges Against Russians

By Editors | 21/10/2022

The sanctions target a procurement network supplying technology to Russia. The indictment explains that crypto was used to facilitate the payments.

Crypto / Digital Assets

Bangladesh Banks Ordered to Stamp Out Crypto Activity

By Mark Johnston | 21/10/2022

Bangladesh Bank has ordered FIs to enhance their monitoring and report transactions suspected to be linked to crypto assets.

AML / KYC

Japan Authorities Warn Crypto Firms of Lazarus Group Threat

By Manesh Samtani | 20/10/2022

An advisory calls on crypto firms to strengthen their security controls, and implement staff and user training programmes.

Crypto / Digital Assets

Japan FSA Commences Annual Cyberattack Drills with FIs

By Editors | 20/10/2022

The participants include banks, credit unions, securities firms,  payment providers, money transfer agents and crypto exchanges.

Crypto / Digital Assets

Hong Kong Leader Announces Measures to Revitalise City

By Manesh Samtani | 20/10/2022

Lee’s administration will work to speed up the implementation of mutual market access arrangements with the mainland, among other measures.

Crypto / Digital Assets

Energy Crisis May Force EU Crypto Mining Suspension

By Mark Johnston | 19/10/2022

The European Commission said EU member states must be ready to stop crypto-asset mining activities if there is a need for load shedding in electricity systems.

Crypto / Digital Assets

US Regulators Probe Failed Crypto Firm Three Arrows Capital

By Editors | 19/10/2022

The SEC and CFTC are reportedly looking into whether Three Arrows misled investors and violated rules by not registering its business.

Crypto / Digital Assets

Malaysia is Liberalising Funds Industry, Says SC Chairman

By Editors | 18/10/2022

The SC is allowing retail funds to have exposure to digital assets and other alternative assets. Similar plans are intended for wholesale funds.

AML / KYC

Japan Cabinet Passes Bill to Strengthen AML System

By Editors | 18/10/2022

Crypto exchanges will be obliged to share information on users and screen customers against sanctions lists.