Cryptocurrency

Emerging Prudential Risks

FSB Warns of Emerging Vulnerabilities, Financial Stability Risks

By Manesh Samtani | 21/04/2022

Global financial stability cannot be taken for granted going forward, FSB Chair Klaas Knot said in a letter to G20 Finance Ministers and Central Bank Governors.

Cryptocurrency

Australia to Launch First Crypto ETFs Next Week

By Editors | 21/04/2022

Cosmos Asset Management will issue an ETF offering indirect exposure to Bitcoin. 21Shares will offer direct crypto exposures through a Bitcoin ETF and an Ether ETF.

Cryptocurrency

Hong Kong is Moving to a Robust Regulatory Framework for Crypto

By Etelka Bogardi | 19/04/2022

Etelka Bogardi and Amy Chung say Hong Kong’s efforts to regulate the crypto sector and stablecoin market are on the whole in line with international trends while leaving room for further development.

PEPs & Sanctions

US Treasury Sanctions Lazarus Entities Over ‘Ronin Bridge’ Hack

By Editors | 19/04/2022

OFAC has added a list of entities associated with Lazarus to its sanctions list, including a specific Ethereum wallet address associated with the attackers.

PEPs & Sanctions

GCFFC Task Force to Drive Sanctions Compliance in Crypto

By Editors | 17/04/2022

The founding members of the task force are Chainalysis, Elliptic, GDF and Safello, who will together work to support sanctions compliance in the crypto industry.

Cryptocurrency

Australia: Regulatory Hurdles Delay Rollout of CBA Crypto Services

By Mark Johnston | 15/04/2022

ASIC is using its design and distribution powers to ensure CBA customers are provided the right level of disclosures around crypto product risks.

Emerging Prudential Risks

ASEAN Ministers, Central Banks Prioritise Financial Stability, Inclusion

By Sanday Chongo Kabange | 14/04/2022

Finance ministers and central bankers have committed to promoting financial stability, financial inclusion and banking integration in the ASEAN region.

Cryptocurrency

Nasdaq Publishes Guide on Global Crypto Regulation

By Editors | 14/04/2022

Nasdaq has published a summary of laws and regulations governing the trading of crypto assets around the world.

PEPs & Sanctions

Man Jailed for Attempting to Help DPRK Evade Sanctions with Crypto

By Editors | 14/04/2022

The DOJ says known hacker Virgil Griffith was developing crypto infrastructure in North Korea and attempting to broker introductions to service providers to facilitate sanctions evasion.