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Reporting on regulatory frameworks, enforcement actions, adoption trends, and risks associated with decentralised digital currencies like Bitcoin and Ethereum.

Cybersecurity
Japan FSA Requests Self-Inspections from Crypto Exchanges
By Manesh Samtani | 02/01/2025
The JVCEA is asked to ensure member crypto exchanges assess their vulnerability to North Korean cyberattacks, focusing on wallet management.

Fraud, Scams & Cybercrime
Vietnam Launches Nationwide Campaign Against Online Fraud
By Editors | 01/01/2025
Measures include developing an interagency coordination model and enhancing account verification, Internet banking security, and controls on crypto-related transactions.

Cryptocurrency
Bybit Ordered to Disable Access to Crypto Platform from Malaysia
By Editors | 01/01/2025
Bybit was also directed to stop circulating, publishing or sending any advertisements to Malaysian investors.

Cryptocurrency
Cambodia Issues New Regulatory Framework for Crypto
By Manesh Samtani | 30/12/2024
Banks can only have direct exposure to Group 1 cryptoassets. Services offered to customers can include other cryptoassets.

Cryptocurrency
Russia Already Using Bitcoin in Foreign Trade Transactions – Reports
By Editors | 30/12/2024
Russian Finance Minister said bitcoin is already being used in foreign trade transactions as part of a new “experimental regime”.

Custody & Infrastructure
Thailand Grants Second Digital Asset Custodian Licence
By Editors | 28/12/2024
The digital asset custodian licence was granted to Rakkar, part of SCBX Group’s venture capital arm.

PEPs & Sanctions
US Imposes More Sanctions Targeting Iran’s Oil Trade & Yemen’s Houthis
By Editors | 22/12/2024
The sanctions targets include companies based in Hong Kong, Malaysia and India. Five cryptocurrency wallets were also added to the SDN list.

Stablecoins
US SEC Fines Unit of Jump Trading Over TerraUSD Collapse
By Editors | 21/12/2024
The SEC said Tai Mo Shan Limited deceived the market about TerraUSD’s stability while purchasing the stablecoin to restore its peg.

Cryptocurrency
ESMA Releases Last Batch of Policy Documents for MiCA
By Editors | 19/12/2024
The new package includes standards on preventing market abuse and guidelines on suitability and crypto-asset transfer services.

Cryptocurrency
Hong Kong SFC Grants Four New Virtual Asset Licences
By Sanday Chongo Kabange | 19/12/2024
The SFC said the licences were granted under its “swift licensing process” for handling deemed-to-be-licensed VATP applicants
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