Cryptocurrency

Fraud, Scams & Cybercrime

HK SFC Adds Two New Suspicious VATPs on Alert List

By Sanday Chongo Kabange | 07/12/2023

The SFC has warned the public to be wary of two suspicious VATPs – HongKongDAO and BitCuped – and asked the police to block them.

Cryptocurrency

KoFIU, DAXA Target Unlicensed Crypto Firms With New Initiative

By Editors | 06/12/2023

The public can report unlicensed crypto exchanges to DAXA, which will review the reports and then pass them to KoFIU for further action.

Cryptocurrency

Cristiano Ronaldo Facing Class Action Over Binance Endorsement

By Editors | 04/12/2023

The $1bn lawsuit claims the endorsement led the plaintiffs to make loss-making investments, including in “CR7” branded NFTs.

Cryptocurrency

IOSCO Chair Calls for Coordinated Response to Crypto Challenges

By Ranamita Chakraborty | 04/12/2023

Jean-Paul Servais and Tuang Lee Lim from IOSCO highlight the need for standardised guidelines for crypto, digital assets and sustainability.

Fraud, Scams & Cybercrime

The Boiling Frog: Finfluencers in the Investment Management Industry

By Pankaj Sharma | 29/11/2023

Pankaj Sharma and Phoebe Chan discuss the complexities of regulating financial promotions online, finfluencers in particular, and offer recommendations.

Cryptocurrency

Crypto Firm Zipmex Suspends Operations Due to Capital Shortfall

By Editors | 29/11/2023

Thailand’s laws require digital assets businesses to suspend business operations if they are unable to maintain the net liquid capital requirement.

DeFi & Web3

Lessons ‘The Wealth of Nations’ Holds For DeFi 

By Jill Wong | 29/11/2023

DeFi is a disruption to markets built on financial intermediaries. How does Caspar Sauter apply traditional economic principles to running a DEX?

Cryptocurrency

FSB Warns of Risks from Multi-function Crypto-Asset Intermediaries

By Manesh Samtani | 29/11/2023

The FSB calls for cross-border cooperation and enhanced information sharing to help regulate and supervise multi-function crypto-asset intermediaries operating globally.

Structural Regulation

Philippine SEC to Ban Unregistered Foreign Trading Platforms

By Sanday Chongo Kabange | 28/11/2023

The SEC is planning to ban online stock and crypto trading platforms that are not registered to operate in the Philippines.