Cryptocurrency

Fraud, Scams & Cybercrime

Malaysian Court Orders Crypto Firm Luno to Compensate Customer

By Editors | 01/11/2023

Luno said the withdrawal of funds from the customer’s account was properly authorised. The customer claimed it was not.

Custody & Infrastructure

Thailand’s Kasikorn Bank Acquires Digital Asset Exchange

By Editors | 01/11/2023

Kasikornbank has also established a digital asset custodian, a digital asset fund management company, and a blockchain infrastructure development company.

Cryptocurrency

UK Confirms Plans to Implement New Rules for Crypto, Stablecoin

By Editors | 31/10/2023

Treasury says the government aims to have legislation for the new regime before Parliament in 2024.

Cryptocurrency

UnionBank Becomes First Philippine Bank to Obtain VASP Licence

By Editors | 31/10/2023

The bank said it will use the new licence to expand its offerings and provide clients a broader range of financial services powered by blockchain.

Anti-Money Laundering

Elliptic Corrects Media and US Senator over Reporting on Hamas Crypto Funding

By Editors | 31/10/2023

Blockchain analytics firm says the WSJ and Senator Elizabeth Warren misrepresented its research in overstating the funding Hamas received through cryptocurrency.

Cryptocurrency

Taiwan Lawmakers Introduce Bill to Regulate Crypto Sector

By Editors | 30/10/2023

The bill will introduce a licensing system for crypto firms, along with requirements to segregate client assets and protect customer funds.

PEPs & Sanctions

OFAC Targets Hamas Finances With New Sanctions

By Editors | 30/10/2023

The new designations underscore the “critical role Iran plays” in providing support to Hamas, said deputy Treasury secretary Wally Adeyemo.

Cryptocurrency

Hong Kong Sets Template for Rules on Ring-fencing Crypto Risks

By Georgina Lee | 26/10/2023

Panellists at the Ripple x Metaco Hong Kong Policy Summit discussed the evolution of Hong Kong’s regulatory framework for crypto assets.

Cryptocurrency

UK FCA Identifies Three Common Issues with Crypto Marketing

By Sanday Chongo Kabange | 26/10/2023

The FCA expects firms authorised to approve financial promotions of cryptoasset firms to take their regulatory obligations seriously.