Digital Assets

PEPs & Sanctions

US Charges Six Hamas Leaders for Terrorism, Sanctions Evasion

By Editors | 06/09/2024

The DOJ said Hamas crypto fundraising efforts caused US persons to engage in transactions that violated US sanctions regulations.

Cryptocurrency

FSS Korea to Soon Commence Inspections of Crypto Businesses

By Editors | 05/09/2024

The inspections will check for illegal or suspicious transactions, compliance with consumer protection rules, and unethical business practices.

Fraud, Scams & Cybercrime

North Korean Cyber Actors Targeting Crypto ETFs, FBI Warns

By Nithya Subramanian | 05/09/2024

The FBI has issued an advisory warning of advanced social engineering tactics being used by North Korean hackers to steal crypto assets.

Cryptocurrency

Japan FSA Calls for Lower Taxes on Crypto for Individuals

By Thisanka Siripala | 05/09/2024

The FSA says gains from trading and investing in crypto should be taxed at a 20% flat rate, the same as traditional financial assets.

Custody & Infrastructure

US SEC Penalises Fund Adviser Over FTX-Linked Losses

By Nithya Subramanian | 04/09/2024

Galois Capital Management used crypto trading platforms like FTX to hold crypto assets for fund investors instead of qualified custodians.

Stablecoins

UDPN Integrates AUDD Stablecoin into Global Platform

By Editors | 04/09/2024

The integration is expected to accelerate the adoption of AUDD, and reduce friction in international payments.

Cryptocurrency

MAS Grants Major Payment Institution License to OKX

By Nithya Subramanian | 03/09/2024

OKX also appointed a former MAS official as its Singapore CEO, saying the city-state is a core market for its global strategy.

Fraud, Scams & Cybercrime

Indian Court Orders Takedown of Scam Crypto Websites

By Ajoy K Das | 03/09/2024

The order was granted after crypto firm Mudrex filed legal action to stop investors being scammed by websites using its name and brand.

PEPs & Sanctions

China Payments Becoming Increasingly Difficult for Russia

By Editors | 02/09/2024

Chinese banks are returning payments for goods already shipped; Chinese exporters asking for pre-payments; UAE banks rejecting payments for Russia-China trade.