Cryptocurrency

Stablecoins

BIS Research Reveals Role of Public Perception in Stablecoin Values

By Ranamita Chakraborty | 31/01/2024

New paper examines how public information shapes coordination risk among stablecoin holders in relation to their beliefs about peg stability.

Structural Regulation

WFE Announces 2024 Priorities For Exchange and Clearing Industry

By Editors | 31/01/2024

The WFE will focus on corporate governance, reinforcing CCPs, ESG issues, and new tech like crypto and AI.

Cryptocurrency

ESMA Consults on New Guidelines for MiCA Regime

By Editors | 30/01/2024

Third-country crypto firms will be prohibited from soliciting EU clients unless the client is the “exclusive initiator” of the crypto-asset service.

Cryptocurrency

Harvest Becomes First Hong Kong Applicant for Spot Bitcoin ETF

By Manesh Samtani | 30/01/2024

Harvest Global Investments has applied to list a spot Bitcoin ETF in Hong Kong, and also plans to participate in HKMA’s stablecoin sandbox.

Fraud, Scams & Cybercrime

FSS Korea to Restructure Virtual Asset Fraud Reporting Centre

By Manesh Samtani | 30/01/2024

Users can report unfair trades, not just frauds and scams. Reporting process, investigation support and coordination to also improve.

Anti-Money Laundering

Japan FSA Proposes to Add Jurisdictions to Travel Rule

By Editors | 27/01/2024

Eight countries were added, including the UAE, India, Indonesia, the UK, Estonia, Nigeria, Bahrain, and Portugal.

Cryptocurrency

SFC Grants Licence Upgrade Allowing Tiger Brokers to Offer Crypto

By Editors | 26/01/2024

Tiger Brokers said it is one of the first mainstream online brokerage firms in Hong Kong to receive approval for such a licence upgrade.

Cryptocurrency

FSB Workplan Includes Global Push to Implement Crypto Rules

By Mark Johnston | 25/01/2024

FSB said that implementation of its recommendations for crypto assets and careful monitoring are essential for the crypto market.

Fraud, Scams & Cybercrime

Taiwan Expands Fraud Probe at Crypto Firm ACE Exchange

By Mark Johnston | 25/01/2024

Taiwanese prosecutors have expanded a crypto fraud investigation to include the president of ACE Exchange and four other suspects.