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Reporting on regulatory frameworks, enforcement actions, adoption trends, and risks associated with decentralised digital currencies like Bitcoin and Ethereum.

Custody & Infrastructure
First Digital Asset Custodian Services Launched in Malaysia
By Nithya Subramanian | 10/11/2023
CoKeeps, a homegrown firm, offers security features that safeguard against both external and internal threats.

Fraud, Scams & Cybercrime
FATF Calls for Action to Combat Cyber-Enabled Fraud
By Manesh Samtani | 10/11/2023
Cyber-enabled fraud and related money laundering are facilitated by professional enablers, money mules, shell companies, and different types of FIs including VASPs.

Stablecoins
EBA Issues Third Batch of MiCA-related Consultations
By Editors | 09/11/2023
The consultations cover transaction reporting, recovery planning, own funds, stress testing, and liquidity requirements for stablecoin issuers.

Cryptocurrency
Investor Protection is Key to Singapore, Hong Kong Crypto Regulations
By Nithya Subramanian | 08/11/2023
As Singapore and Hong Kong regulators navigate the fast-changing digital assets landscape, investor protection takes centerstage.

Cryptocurrency
SFC Awards Licences to HK Unit of Swiss Crypto Bank, SEBA
By Manesh Samtani | 08/11/2023
The licences allow SEBA Hong Kong to deal in, advise on, and conduct asset management for traditional securities and virtual assets.

Anti-Money Laundering
Singapore to Monitor Money Laundering Risks from Crypto Exchange Applicants
By Nithya Subramanian | 06/11/2023
The regulator will reject applicants who fail to meet the required standards for ML/TF and technology risks.

PEPs & Sanctions
US Sanctions Russian National for Laundering Funds for Wealthy Clients
By Editors | 05/11/2023
Ekaterina Zhdanova allegedly helped wealthy clients evade sanctions and move money internationally using crypto and other channels.

Cryptocurrency
FCA Finalises Guidance on Cryptoasset Financial Promotions
By Editors | 05/11/2023
Crypto promotions should apply the Consumer Duty; finfluencers should disclose commercial relationships; regulated status should not be used in a promotional way.

Anti-Money Laundering
Taiwan Arrests Suspects in Record Crypto Laundering Case
By Mark Johnston | 02/11/2023
A fake securities trading app was used to launder over USD 320 million via crypto in the largest case of its kind in Taiwan.

Anti-Money Laundering
China Jails 21 for Laundering USDT from Online Fraud, Gambling
By Mark Johnston | 02/11/2023
A group of 21 people in China laundered criminal proceeds from online fraud and gambling activities using USDT.
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