Cryptocurrency

Cryptocurrency

Hong Kong: More Clarity Needed on Proposed OTC Crypto Regime

By Nithya Subramanian | 07/03/2024

Clarity is needed on the scope of activities captured by the regime, how stablecoins will fit into the regime, and how professional investors will be treated.

Fraud, Scams & Cybercrime

Montenegro Court Halts Extradition of Terra’s Do Kwon to US

By Sanday Chongo Kabange | 06/03/2024

Do Kwon’s case will be retried because of procedural issues over who between the US and South Korea was first to request his extradition.

Fraud, Scams & Cybercrime

Australia: NASC Warns of Deepfake Celebs Promoting Scams

By Sanday Chongo Kabange | 06/03/2024

Fake news articles and deepfake videos are being used to convince people to make online investments that turn out to be scams.

Cryptocurrency

Deutsche Börse Launches Institutional Crypto Trading Platform

By Editors | 05/03/2024

Trading on the Deutsche Börse Digital Exchange will initially take place on an RfQ basis, followed by multilateral trading.

Cryptocurrency

Vietnam to Develop Legal Framework for Crypto by 2025

By Sanday Chongo Kabange | 05/03/2024

The government has directed the Ministry of Finance to develop a legal framework for banning or regulating virtual assets.

Cryptocurrency

Taiwan to Propose Draft Crypto BIll in September

By Mark Johnston | 05/03/2024

The bill aims to create comprehensive regulations for the crypto industry, improve investor protections, and address risks to the traditional financial system.

Fraud, Scams & Cybercrime

Australia: CBA Users Critical of Limits on Crypto-related Transfers

By Sanday Chongo Kabange | 05/03/2024

The A$10,000 monthly limit is intended to keep customers safe from fraud and scams, the bank said.

Cryptocurrency

Cayman Islands Launches Crypto Consultation Using GitHub

By Nithya Subramanian | 05/03/2024

Software coding collaboration platform GitHub is being used for the first time to collate public feedback on the draft legislation.

Fraud, Scams & Cybercrime

SFC Issues More Warnings About Suspected Crypto Frauds

By Sanday Chongo Kabange | 05/03/2024

BitForex, which disappeared with users’ funds last month, was added to the alert list, along with suspicious websites impersonating HashKey and OSL.