Cryptocurrency

Custody & Infrastructure

Singapore Builds Trust in Crypto with New Regulations

By Ranamita Chakraborty | 16/10/2023

Regulation Asia speaks to legal experts on what lies ahead for DPT service providers in Singapore as they navigate the evolving regulatory landscape.

Fraud, Scams & Cybercrime

US Regulators File Suit Against Former CEO of Voyager Digital

By Manesh Samtani | 13/10/2023

The CFTC and FTC filed parallel actions alleging Stephen Ehrlich misled customers and caused more than $1bn in losses to Voyager customers.

Tokenisation

Tokenisation Is Revolutionising Markets, But One Element Is Still Missing

By Ralf Kubli | 13/10/2023

Ralf Kubli says standardised algorithmic definitions must be used to ensure the entirety of a tokenised asset’s collateral, liabilities, and cash flows are represented.

Cryptocurrency

Malaysian Regulator Grants In-principle Approval to Fifth Digital Exchange

By Nithya Subramanian | 12/10/2023

Hata becomes the first platform to gain approval after the regulator restarted accepting applications for such exchanges.

PEPs & Sanctions

OFAC Sanctions Target Drug Trafficking, Crypto Abuse – Chainalysis

By Jill Wong | 10/10/2023

OFAC sanctions against several Chinese entities are an important step in preventing crypto abuse by criminal syndicates, Chainalysis says.

Cryptocurrency

UK FCA Issues 146 Alerts Against Crypto Firms

By Editors | 09/10/2023

The alerts came soon after new rules took effect prohibiting crypto firms from advertising to UK consumers without the FCA’s authorisation.

Cryptocurrency

Unregulated Crypto Could Create “Alternate Financial System”: IMF

By Nithya Subramanian | 09/10/2023

It has highlighted the need to step up transparency and data collection while proposing a country-level risk assessment matrix.

Cryptocurrency

ESMA Issues Second Consultation on MiCA Technical Standards

By Editors | 07/10/2023

The consultation covers sustainability indicators of CASPs, trade transparency, record-keeping, and machine-readability of white papers.

Emerging Prudential Risks

BCBS to Issue New Consultations on Climate, Crypto Disclosures

By Editors | 06/10/2023

Consultation on bank disclosures of crypto exposures coming “soon”. Consultation on Pillar 3 disclosures for climate-related financial risks coming in November.