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

Cryptocurrency
VASP Business Closures Not Being Handled Properly: KoFIU
By Manesh Samtani | 07/06/2024
More VASPs are expected to close ahead of the Virtual Asset User Protection Act coming into effect on 19 July, KoFIU said.

Cryptocurrency
Thai SEC Grants First Approval for Bitcoin ETF
By Editors | 07/06/2024
The ETF will operate under a fund-of-funds structure, allocating investments across major global Bitcoin funds.

Cryptocurrency
Japan FSA Directs Crypto Firm to Report on $300m Theft
By Editors | 06/06/2024
The FSA directed DMM Bitcoin to investigate and report on the cause of the theft. The government will monitor these efforts and “respond appropriately”.

Cryptocurrency
No Penalty for Block Earner, Australian Court Rules
By Sanday Chongo Kabange | 05/06/2024
The Federal Court said Block Earner will not have to pay a penalty as it acted “honestly” before offering its “Earner” product.

Cryptocurrency
Cboe Australia Commences Trading in New Bitcoin ETF
By Editors | 05/06/2024
The new ETF, launched by Monochrome Asset Management, is the first in Australia to hold crypto assets directly.

Cryptocurrency
ESMA Issues Conflict of Interest Rules for Crypto Firms
By Editors | 05/06/2024
ESMA says crypto firms may be “vertically integrated” but must be able to identify, prevent, manage and disclose conflicts of interest.

Cryptocurrency
UK Sees Launch of First Six Crypto ETN Products
By Editors | 31/05/2024
21Shares and WisdomTree launched a total six ETNs on the LSE, which are fully backed by physical holdings of Bitcoin or Ethereum.

Cryptocurrency
NYDFS Sets Customer Service Standards for Crypto Firms
By Editors | 31/05/2024
New NYDFS guidance sets expectations for crypto firms regarding customer service, complaints response and resolution, and reporting.

Cryptocurrency
NYSE to Launch Cash-settled Bitcoin Index Options
By Editors | 31/05/2024
The options contracts will track the CoinDesk Bitcoin Price Index and are subject to regulatory approval.

Cryptocurrency
‘Gemini Earn’ Investors Secure Return of $2b in Crypto Assets
By Editors | 30/05/2024
Investors are receiving their digital assets “in kind”, meaning they benefit from crypto price increases since withdrawals were halted in January 2023.
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