Cryptocurrency

Tokenisation

FSB Chair Updates G20 on Work to Maintain Financial Stability

By Manesh Samtani | 23/10/2024

The FSB published a report on the financial stability implications of tokenisation and a progress update on the G20 Crypto-Asset Policy Implementation Roadmap.

Cryptocurrency

NYSE, Cboe Win Approval to List Options on Spot Bitcoin ETFs

By Editors | 23/10/2024

NYSE American received approval to list options on three bitcoin ETFs. Cboe Exchange received approval for options on two bitcoin ETFs.

Fraud, Scams & Cybercrime

US Authorities Arrest Man Over False SEC Tweet on Bitcoin ETFs

By Editors | 22/10/2024

The arrestee had used a SIM swap attack in January to obtain access to the SEC’s X account, while his co-conspirators issued the fraudulent tweet.

PEPs & Sanctions

Switzerland Adopts More Measures from EU’s 14th Russia Package

By Editors | 21/10/2024

Switzerland will not adopt the EU text that requires companies to prevent circumvention via their subsidiaries “to the best of their ability”.

Cryptocurrency

US SEC Charges Cumberland DRW for Illegal Crypto Operations

By Nithya Subramanian | 18/10/2024

The SEC complaint alleges that Cumberland DRW bought and sold over $2bn in crypto assets without registering as a securities dealer.

Stablecoins

Hong Kong Working “Full Steam Ahead” on Stablecoin Legislation

By Sanday Chongo Kabange | 30/09/2024

The FSTB and the HKMA will “strive” to introduce draft legislation for Hong Kong’s stablecoin regulatory regime by end 2024.

Cryptocurrency

Japan FSA Issues Business Improvement Order on DMM Bitcoin

By Mark Johnston | 30/09/2024

DMM Bitcoin has until 28 October to submit plans to the FSA specifying measures to prevent a recurrence of the bitcoin theft it suffered in May.

Anti-Money Laundering

US Imposes Cyber Sanctions on Russian Crypto Network

By Manesh Samtani | 30/09/2024

Two Russians were also indicted in a coordinated action that additionally involved the seizure of web domains and infrastructure.

Custody & Infrastructure

Korea to Protect Investors from Crypto Exchange Failures

By Manesh Samtani | 28/09/2024

DAXA will establish a new foundation that will manage users’ assets when a crypto exchange fails and return them to investors.