Cryptocurrency

Anti-Money Laundering

Taiwan FSC Identifies Crypto ATMs Breaching AML Rules

By Editors | 28/01/2022

Of 16 companies that have reported their AML compliance to the FSC, 13 will be required to make corrections.

Fraud, Scams & Cybercrime

Faster Transactions Impeding Scam Loss Recoveries: HK Police

By Sanday Chongo Kabange | 27/01/2022

Online banking, electronic payment services and cryptocurrency wallets have made it more difficult to recover scam proceeds.

Cryptocurrency

Thailand to Prohibit Use of Digital Assets in Payments

By Manesh Samtani | 26/01/2022

The SEC is consulting on draft rules that will prohibit digital asset businesses from enabling merchants to accept crypto as payment for goods and services.

Cryptocurrency

Russian Central Bank Proposes to Impose Crypto Ban

By Mark Johnston | 25/01/2022

A proposed ban against investing in cryptocurrencies would also apply to institutional investors and mutual funds, the central bank says.

Tokenisation

Taiwan FSC Relaxes Rules on Fundraising Through STOs

By Darien Choong | 25/01/2022

The single platform fundraising cap is increasing to TWD 200 million, and overseas Chinese and foreigners will be allowed to invest in STOs.

Cryptocurrency

US May Soon Unveil Regulatory Approach for Crypto – Report

By Manesh Samtani | 24/01/2022

A government-wide strategy for digital assets may be released in a White House executive order as early as next month.

Cryptocurrency

Laos Central Bank Authorises Crypto Exchange Platforms

By Editors | 23/01/2022

Cryptocurrency exchange platforms Lao Digital Assets Exchange and Bitqik are expected to start providing services in April.

Cryptocurrency

ASIC Warns Against Investing Super in Crypto Assets

By Sanday Chongo Kabange | 18/01/2022

ASIC says individuals who set up self-managed super funds may be increasingly targeted by scammers to invest in crypto-assets.

Cryptocurrency

Crypto Firms Should Not Advertise to Retail Customers: MAS

By Mark Johnston | 18/01/2022

New guidelines say crypto firms should refrain from advertising their services in public areas in Singapore or via social media influencers.