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

Emerging Prudential Risks
APRA Directs Banks to Declare Links to Crypto Firms
By Sanday Chongo Kabange | 23/03/2023
APRA has asked banks to declare and report their business ties to crypto firms and start-ups, which worry increased supervision will make it harder to access financial services.

Cryptocurrency
Eurex to Launch Europe’s First Bitcoin Futures Contract
By Editors | 23/03/2023
The contract, developed in partnership with FTSE Russell and Digital Asset Research, will launch on 17 April 2023.

Cryptocurrency
US Authorities Consider Taxing NFTs as Collectibles
By Editors | 23/03/2023
Under the US tax code, collectibles are subject to a 28% capital gains tax rate, compared to 20% for stocks, bonds and cryptocurrencies.

Cryptocurrency
US SEC Simultaneously Charges Crypto Founder, Eight Celebrities
By Editors | 23/03/2023
Tron founder Justin Sun sold unregistered securities to US investors, manipulated TRX and BTT markets, and paid celebrities to tout the offerings without disclosing their compensation.

Cryptocurrency
Crypto Firms Looking to Set Up in Hong Kong: Christopher Hui
By Editors | 22/03/2023
Between October and February, 80 virtual asset-related companies have expressed interest in establishing a presence in Hong Kong.
Anti-Bribery & Corruption
Korean Prosecutors Probe “Illegal” Crypto Token Listings
By Editors | 22/03/2023
A Bithumb executive, former Coinone employee, and other crypto exchanges are said to have illegally listed crypto tokens on their platforms.

Cryptocurrency
Taiwan Cabinet to Expand FSC’s Remit to Crypto Sector
By Editors | 22/03/2023
The FSC will focus on the segregation of customer assets at crypto exchanges, the supervision of token listings, and customer protection.

Anti-Bribery & Corruption
Korea: Ex-Coinone Executive Arrested Over Crypto Listings
By Editors | 21/03/2023
The former executive allegedly almost $1.5mn from brokers to list a specific cryptocurrency on the Coinone trading platform.

Stablecoins
Mastercard Working on Integration to Enable Stablecoin Spending
By Sanday Chongo Kabange | 21/03/2023
The Mastercard-Stables project will allow users to spend stablecoin balances on everyday purchases without first converting it to fiat.

Anti-Money Laundering
Upbit’s Azman Hamid Discusses Travel Rule Adoption in APAC
By Editors | 21/03/2023
Upbit’s Azman Hamid discusses the UAE’s addition to the FATF grey list and APAC’s implementation of the FATF recommendations on virtual assets.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.