Cryptocurrency

Cryptocurrency

JBA Calls for Global Cryptoasset Regulations for Non-banks

By Manesh Samtani | 15/09/2021

A global regulatory framework for cryptoassets that only includes banks would exacerbate rather than contain financial stability risks.

Cryptocurrency

Three More Korean Crypto Exchanges Secure Deals with Banks

By Editors | 13/09/2021

Bithumb, Coinone, and Korbit will likely meet the 24 September deadline. Korean police are preparing for illegal incidents from exchanges that are forced to close.

Cryptocurrency

Thailand to Revoke Huobi Digital Asset Exchange Licence

By Pongnut Thanaboonchai | 12/09/2021

Huobi was not able to fix deficiencies in its systems within various timelines stipulated by the SEC.

Cryptocurrency

Why Clarity Around Digital Asset Regulations is Vital for Innovation

By Rahul Advani | 09/09/2021

Ripple’s Rahul Advani explains the importance of regulatory clarity in the digital asset space, and what an appropriate regulatory framework entails.

Cryptocurrency

WEF Paper Calls for Balanced Approach to Crypto Regulation

By Sanday Chongo Kabange | 06/09/2021

Rather than banning cryptocurrencies, regulators are urged to collaborate to create regulatory clarity, close loopholes and mitigate regulatory arbitrage.

Fraud, Scams & Cybercrime

US SEC Charges BitConnect for $2bn Cryptocurrency Fraud

By Editors | 06/09/2021

BitConnect promised investors lucrative returns through the use of a proprietary trading bot, but investor funds were siphoned off by the company’s founder and others.

Cryptocurrency

MAS Orders Halt to Singapore Services From Binance.com

By Editors | 05/09/2021

Binance Asia Services, which operates Binance.sg, is a “distinct entity” and may still operate under an exemption while its licence application is under review.

Anti-Money Laundering

Korea Crypto Exchanges Team Up to Develop Travel Rule System

By Manesh Samtani | 02/09/2021

Bithumb, Coinone and Korbit have established a joint venture that will be used to develop systems to meet the travel rule requirement by March 2022.

CBDCs

India Targets December for CBDC Pilot Testing

By Sanday Chongo Kabange | 31/08/2021

RBI governor Shaktikanta Das said the central bank is studying various aspects of a digital rupee with a view to conducting trials in December.