Cryptocurrency

Cryptocurrency

WEF Calls For Global Collaboration in Regulating Crypto-Assets

By Ranamita Chakraborty | 29/05/2023

A new WEF report offers recommendations on collaborative pathways for global crypto-asset regulation.

Conduct, Culture & Accountability

Temasek Cuts Pay of Investment Team After FTX Losses

By Karen Ng | 29/05/2023

Temasek said members of its investment team took collective accountability for the investment in FTX and hence took a pay cut.

Fraud, Scams & Cybercrime

Hong Kong Police Launch “CyberDefender Metaverse” Platform

By Editors | 29/05/2023

The platform is designed to help educate the public about cyber crimes in the Metaverse, especially those involving virtual assets.

Cryptocurrency

Korea Passes Bill to Force Public Officials to Disclose Crypto Holdings

By Editors | 28/05/2023

Crypto holdings will be included under the private interests that members of the National Assembly need to report.

PEPs & Sanctions

US, South Korea Announce New Sanctions on DRPK Cyber Actors

By Editors | 27/05/2023

One of the entities jointly sanctioned by the US and South Korea employs “thousands” of North Korean IT workers that operate in Russia, China and Laos.

KYC & CDD

VerifyVASP Becomes First LEI Validation Agent in Crypto Space

By Manesh Samtani | 26/05/2023

VerifyVASP will be able to help VASP clients obtain an LEI, which can be used in counterparty due diligence and travel rule compliance.

Cryptocurrency

ESMA Warns of Crypto Mis-selling by EU Investment Firms

By Mark Johnston | 26/05/2023

ESMA says firms should now use their regulatory status for traditional finance as a marketing tool to promote crypto investments.

Cryptocurrency

TP ICAP Launches New Digital Assets Trading Platform

By Mark Johnston | 25/05/2023

The platform can be used for order matching and trade execution, with segregated custody and settlement done separately.

Fraud, Scams & Cybercrime

PITCH! REGTECH: Rising Digital Crimes Give Urgency to Fraud Detection 

By Karen Ng | 25/05/2023

The prevalence of digital crimes has given urgency to the need by banks to develop cutting-edge fraud detection systems, says DBS Bank’s head of legal & compliance Lam Chee Kin.