Digital Assets

Structural Regulation

China, Germany to Strengthen Cooperation on Market Access

By Editors | 03/10/2023

Consensus was reached on 25 different topics, including on strengthening regulatory cooperation in the banking and insurance sectors.

Fraud, Scams & Cybercrime

HK, Macau Police Make Four New Arrests in JPEX Case

By Manesh Samtani | 03/10/2023

Two Hong Kong residents were arrested in Macau and two more in Hong Kong. One was found with documents that were shredded and bleached.

Cryptocurrency

Coinbase, Sygnum, GSR Win New Approvals in Singapore

By Manesh Samtani | 03/10/2023

Coinbase and Sygnum Singapore obtained full Major Payment Institution licences. GSR Markets Pte Ltd received in-principle approval.

Cryptocurrency

Hong Kong’s Favourable Crypto Climate Powers Transaction Volumes

By Nithya Subramanian | 02/10/2023

Hong Kong’s growing status as a crypto hub may be an indication of the Chinese government becoming more open to digital assets, said a study by Chainalysis.

Stablecoins

Fed Report Assesses Financial Stability Risks of Stablecoins

By Mark Johnston | 01/10/2023

In a separate note, JP Morgan says the Fed’s decision to prevent stablecoins from accessing its overnight facilities could risk disruption in funding markets.

Cryptocurrency

SFC Publishes Names of VATP Licence Applicants

By Editors | 01/10/2023

Four VATP operators have submitted licence applications to the SFC. Six entities are listed as ‘suspicious VATPs’.

CBDCs

BIS Innovation Hub Concludes Project Mariana Trials

By Editors | 29/09/2023

The project explored the use of DeFi automated market makers for the cross-border exchange of CBDC in different currencies.

CBDCs

BIS Calls for Greater Efforts on Legal Frameworks to Support CBDC

By Editors | 29/09/2023

BIS general manager Agustín Carstens said it is “simply unacceptable” that unclear or outdated legal frameworks could hinder CBDC deployment.

Anti-Bribery & Corruption

Korea Jails Four Individuals in Coinone Bribery Case

By Editors | 28/09/2023

Two former employees of Coinone were jailed for accepting bribes. Two brokers were also jailed for facilitating the bribes.