Digital Assets

Tokenisation

Hong Kong Exchange Lists First Digitally Native Notes

By Editors | 29/09/2024

The one-year HKD denominated digitally native notes were issued by HSBC, leveraging the HSBC Orion platform.

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.

Cryptocurrency

Singapore Court Grants WazirX Four-Month Conditional Moratorium

By Nithya Subramanian | 27/09/2024

The moratorium allows WazirX four months to resolve customer losses from a $230mn hack the company suffered in July.

Cryptocurrency

MAS Updates Consumer Protection Guidelines for Crypto Firms

By Nithya Subramanian | 26/09/2024

The updated guidelines reflect decisions set out by MAS in November 2023, focusing on consumer access, conflicts of interest and business conduct.

Cryptocurrency

FSC Korea to Start Pushing 2nd Phase of Crypto Legislation

By Editors | 26/09/2024

The legislation will include measures to enable corporations and institutional investors to participate in the domestic crypto market.

Fraud, Scams & Cybercrime

US Federal Court Jails Former FTX Exec Caroline Ellison

By Nithya Subramanian | 26/09/2024

Caroline Ellison was the former girlfriend and a key witness in the prosecution of FTX founder Sam Bankman-Fried.

Cryptocurrency

ASIC Seeks to Require Crypto Firms to Obtain AFS Licence

By Thisanka Siripala | 26/09/2024

Commissioner Alan Kirkland said ASIC is seeking to bring crypto businesses into the existing financial regulatory framework.

Tokenisation

Digital Asset, DTCC Complete Pilot Test on Tokenised US Treasuries

By Sanday Chongo Kabange | 26/09/2024

Digital Asset, DTCC and other industry project participants executed 100 transactions using tokenised US Treasuries as collateral.

Cryptocurrency

Nasdaq Wins SEC Approval to List Options on Bitcoin ETF

By Editors | 25/09/2024

The options contracts on iShares Bitcoin Trust ETF still need to be approved by the Options Clearing Corp and the CFTC before trading can begin.