Cryptocurrency

Cryptocurrency

WFE Issues Recommendations for Regulating Crypto Trading Platforms

By Editors | 28/09/2023

The six key principles will safeguard markets and enable the crypto sector to grow, said Nandini Sukumar, CEO of the World Federation of Exchanges.

Fraud, Scams & Cybercrime

Hackers Steal $200m from Mixin in 2023’s Biggest Crypto Hack

By Editors | 27/09/2023

Mixin has since offered the attacker a $20mn “BUG Bounty Reward” for the return of its users’ funds, and that the losses may not be as significant as initial estimates.

Cryptocurrency

Taiwan Issues New Regulatory Guidelines for Crypto Sector

By Manesh Samtani | 27/09/2023

Overseas crypto platforms are not allowed to solicit business within Taiwan or from Taiwanese citizens unless they register locally and comply with local AML laws.

Fraud, Scams & Cybercrime

India to Develop New Surveillance Tool for Crypto & Dark Web

By Manesh Samtani | 26/09/2023

The tool will also contain a comprehensive database of all known crypto exchanges worldwide, along with their contact information, for use in investigations.

Cryptocurrency

HK SFC to Provide Transparency on Crypto Licence Applicants

By Sanday Chongo Kabange | 26/09/2023

The SFC will publish a list of all firms that have applied for a VATP licence and launch other investor education initiatives.

Cryptocurrency

Thailand to Tax Foreign Income of Residents from 2024

By Mark Johnston | 24/09/2023

The new policy targets residents who trade in foreign stock markets, cryptocurrencies, or keep their earnings in offshore accounts.

Tokenisation

Thai Digital Assets Exchange Set to Launch First Investment Token

By Editors | 22/09/2023

The investment token is backed by three Bangkok luxury condominium projects. The ICO raised about THB 2.4 billion (USD 67 million).

Fraud, Scams & Cybercrime

SFC Confirms Crypto Firm JPEX Never Approached it About Licensing

By Sanday Chongo Kabange | 22/09/2023

JPEX breached the SFO and AMLO by publishing confidential correspondence with the SFC. Three more arrests have been made.

Cryptocurrency

ASIC Sues Crypto Exchange for Margin Trading Product

By Sanday Chongo Kabange | 21/09/2023

ASIC says Bit Trade did not comply with its design and distribution obligations when offering a margin trading product to Australian customers.