Digital Assets

Custody & Infrastructure

MAS Grants In-principle Licence Approval to Crypto Custody Firm BitGo

By Editors | 12/01/2024

BitGo already obtained a New York trust charter in 2021 and a BaFin crypto custody licence in November 2023.

Cryptocurrency

FINRA Report Describes Crypto-related Compliance Risks

By Mark Johnston | 12/01/2024

FINRA says member firms must notify it if they or their affiliates engage or plan to engage in crypto asset-related activities.

Cryptocurrency

Korea FSS Forms Virtual Asset Supervision and Investigation Bureau

By Manesh Samtani | 12/01/2024

The new bureau will establish a supervision and inspection system equivalent to that of other financial institutions, the FSS said.

Cryptocurrency

US SEC Approves Rule Changes Permitting Bitcoin ETFs

By Nithya Subramanian | 11/01/2024

The regulator has also announced investor protection requirements, adding that exchanges will have to adhere to rules to prevent fraud and manipulation.

Cybersecurity

US SEC to Investigate False Tweet on Bitcoin ETF Approvals

By Mark Johnston | 09/01/2024

US SEC claims official X account was hacked, posting a false tweet about approving bitcoin ETFs, causing a brief surge and crash in bitcoin price.

Custody & Infrastructure

Thai SEC Proposes Changes to Digital Assets Licensing Process

By Editors | 09/01/2024

The SEC said the changes will enhance the efficiency of the licensing process and ensure greater clarity and appropriateness of the regulatory framework.

Cryptocurrency

Singapore: AsiaNext Launches Trading in Crypto Derivatives

By Editors | 09/01/2024

AsiaNext said its trading members already include B2C2, Wintermute Group, JB Drax Honoré and Trovio Group.

DeFi & Web3

CFTC Offers Policy Recommendations to Address DeFi Risks

By Manesh Samtani | 09/01/2024

The report calls on the government and industry to work together to better understand DeFi and “advance its responsible and compliant development”.

Cryptocurrency

HK Spot Crypto ETFs to Drive Collaboration with TradFI Firms

By Nithya Subramanian | 09/01/2024

With regulatory safeguards in place, the success of crypto ETFs hinges on institutional interest tied to market conditions, including crypto valuations.