Cryptocurrency

Anti-Money Laundering

Korean Authorities Arrest 16 Over Illegal FX Transactions

By Editors | 05/09/2022

In some cases, funds were remitted overseas via commercial banks, disguised as payments for trade businesses to exploit the “Kimchi premium”.

Cryptocurrency

New Crypto Advertising Rules Take Effect in Thailand

By Editors | 04/09/2022

Crypto firms with advertising already on display have 30 days to amend their advertisements to achieve compliance with the new rules.

Trading & Investment

ASIC Warns Against Offering Risky Products to Retail

By Sanday Chongo Kabange | 01/09/2022

ASIC warns brokers against offering securities lending arrangements, crypto assets and so-called ‘zero brokerage’ offerings to retail investors.

Cryptocurrency

Iran Passes Law Authorising Use of Crypto for Imports

By Editors | 01/09/2022

The new law formally allows government and local businesses to use cryptocurrencies as payment for imports.

Custody & Infrastructure

Australia Launches Digital Finance Cooperative Research Centre

By Editors | 01/09/2022

Backed by industry, government and academia, the DFCRC will facilitate the development of the emerging digital finance sector.

Cryptocurrency

CME Group Launches Bitcoin, Ether Futures in Euro

By Editors | 31/08/2022

CME says the new contracts will provide institutional investors precise tools to trade and hedge their crypto exposures.

Cryptocurrency

Japan Considers Relaxation of Crypto Taxation Policies

By Editors | 30/08/2022

Authorities are considering a system under which crypto asset issuers would only be taxed when profits are generated, and not based on unrealised gains.

Cryptocurrency

BOK Calls for Reversal of ICO Ban in Korea

By Editors | 30/08/2022

BOK says the ban has resulted in domestic companies turning overseas to issue new crypto assets, which are then listed on Korean crypto exchanges.

Cryptocurrency

MAS to Strengthen Retail Protections from Crypto Harms

By Manesh Samtani | 30/08/2022

MAS managing director Ravi Menon described an approach to digital assets that allows Singapore to be both stringent in its regulation and facilitative of innovation.