Cryptocurrency

Market Abuse

Academic Study Finds Broader Front-Running Problem at Coinbase

By Mark Johnston | 23/08/2022

University of Technology Sydney researchers estimate that insider trading occurred on 10-25% of new crypto listings at Coinbase between Sept 2018 and May 2022.

Cryptocurrency

US Court Allows Use of Crypto Firm’s Records to Identify Tax Cheats

By Editors | 23/08/2022

Crypto prime dealer SFOX will have to reveal the identities of customers who are US taxpayers and information on their crypto transactions.

Cryptocurrency

Australia Set to Begin Consultation on Crypto Regulation

By Editors | 23/08/2022

Treasury will prioritise ‘token mapping’ work in 2022, to help identify how crypto assets and related services should be regulated. A consultation will be released “soon”.

Cryptocurrency

Korean Brokerages Seeking Licences to Establish Crypto Businesses

By Editors | 23/08/2022

Mirae Asset Securities and Samsung Securities are among seven firms seeking a licence. The government separately said airdrops will be subject to a gift tax.

Cryptocurrency

US SEC Files Suit Against Crypto Entities Over ICO Sale

By Mark Johnston | 22/08/2022

Blockchain firm Dragonchain raised about $16.5mn without registering its token sales as securities offerings.

Cryptocurrency

Korean Authorities to Block, Investigate 16 Foreign Crypto Firms

By Editors | 21/08/2022

The unregistered foreign VASPs including KuCoin were referred for investigation and will have their websites and transactions blocked in Korea.

Cryptocurrency

South Korea Launches Private-Public Taskforce on Digital Assets

By Sanday Chongo Kabange | 18/08/2022

The new taskforce will examine new legislation that ensures a “proper balance” between innovation, and investor protection and financial stability.

Cryptocurrency

Crypto Firm Hodlnaut Applies for Judicial Management in Singapore

By Editors | 18/08/2022

The alternative of forced liquidation would be a “suboptimal solution” that would require Hodlnaut to sell users’ cryptocurrencies at “depressed asset prices”.

Cryptocurrency

ASIC Concerned by Extent of Retail Investors Exposed to Crypto

By Editors | 18/08/2022

ASIC chair Joe Longo says better investor protections are needed after a survey of retail investors founr 44 percent were holding cryptocurrency.