Digital Assets

Tokenisation

HSBC Tests Post-Quantum Cryptography With Tokenised Gold

By Manesh Samtani | 21/09/2024

HSBC pilot-tested the ability to move gold tokens across different ledgers while protecting against quantum computing attacks.

Cryptocurrency

DBS to Launch Crypto Options and Structured Notes

By Nithya Subramanian | 20/09/2024

DBS will allow eligible investors to use options trading and structured notes to gain or hedge exposures to Bitcoin and Ethereum.

Fraud, Scams & Cybercrime

US SEC Files First Charges Involving Romance Scams

By Nithya Subramanian | 20/09/2024

In the first charges of this type, the SEC alleges that fraudsters used social to lure investors to fake crypto platforms before stealing their money.

CBDCs

UK Banks Complete Experimental Phase of Digital Money Project

By Mark Johnston | 20/09/2024

UK Finance and its member banks have successfully completed the experimental phase of a tokenisation and CBDC platform.

Supervision & Enforcement

US SEC Fines Former FTX Auditor for Negligence-related Fraud

By Nithya Subramanian | 19/09/2024

Prager Metis issued two audit reports for FTX between 2021 and 2022, but failed to comply with auditing standards and apply “due care” in those audits.

CBDCs

Australia Launches Three Year Digital Money Roadmap

By Thisanka Siripala | 19/09/2024

The RBA has decided to prioritise the development of wholesale CBDC rather than retail CBDC. Next month it will launch a “public phase” of its wholesale CBDC project.

Fraud, Scams & Cybercrime

FTX Founder Files Appeal Against Fraud Conviction

By Thisanka Siripala | 18/09/2024

Sam Bankman-Fried’s lawyers argue that the judge in the case undermined the defence and blocked evidence from being shown in court.

Cryptocurrency

FSC Korea to Launch Virtual Asset Committee This Month

By Editors | 18/09/2024

The committee will discuss issues including a second stage of legislation for the virtual asset market and potential approval of spot crypto ETFs in Korea.

Cryptocurrency

Switzerland’s SIX Explores Launching Crypto Exchange

By Thisanka Siripala | 18/09/2024

The platform is expected to cater to the growing institutional interest in the crypto space, rather than retail investors.