Digital Assets

Cryptocurrency

Malaysia to Develop New Policy for Cryptocurrency and Blockchain

By Nithya Subramanian | 17/01/2025

Prime Minister Anwar Ibrahim announced plans to formulate a digital finance policy, which will be placed before the Cabinet for further deliberation.

Fraud, Scams & Cybercrime

US, Japan, S Korea Issue Joint Warning Over DRPK Crypto Thefts

By Thisanka Siripala | 17/01/2025

North Korea’s cyber programme threatens the integrity and stability of the international financial system, the joint statement says

Custody & Infrastructure

Canton Network Initiates Collateral Management Project for Crypto Derivatives

By Manesh Samtani | 17/01/2025

The project is being launched in partnership with Digital Asset and QCP to address collateral management inefficiencies in the crypto derivatives market

Stablecoins

Philippine Banks to Launch PHP Stablecoin Later This Year

By Sanday Chongo Kabange | 16/01/2025

UnionBank, RCBC, Cantilan Bank and Rural Bank of Guinobatan are collaborating to launch a peso-backed stablecoin known as PHPX

Cryptocurrency

US Supreme Court Denies Binance Petition on Securities Law Applicability

By Mark Johnston | 16/01/2025

The US Supreme Court has rejected a request to review whether US securities laws apply to Binance, which doesn’t have a physical location

Anti-Money Laundering

US Fines Crypto Firm BitMEX $100m for AML Violations

By Nithya Subramanian | 16/01/2025

The Justice Department said the penalty sends a clear message that companies which violate AML and KYC rules will face strict consequences.

AI Risk & Governance

BIS Publishes 2025 Work Programme for Innovation Hub

By Manesh Samtani | 16/01/2025

The first two new projects in 2025, Project AISE and Project Gaia, will explore AI-based tools supporting supervision and green finance.

Cryptocurrency

US Appeals Court Orders SEC to Explain Denial of Coinbase Petition

By Thisanka Siripala | 15/01/2025

The court said the SEC must provide a more complete explanation for its decision but did not order it to undertake a rulemaking process

Cryptocurrency

FSC Korea Includes Crypto Measures in Work Plan for 2025

By Editors | 14/01/2025

The annual work plan also includes measures to support market stability and the real economy, promote innovation in the financial industry, and enhance the capital market.