Digital Assets

Cryptocurrency

FTX EU Begins Allowing Customers to Withdraw Funds

By Editors | 05/04/2023

FTX EU set up a website through which balances can be verified and requests for withdrawals in fiat currency can be made.

Clearing & Post-Trade

IMDA Conducts Paperless Cross-border Trade Using ETR

By Sanday Chongo Kabange | 04/04/2023

A paperless live shipment from Singapore to Thailand was successfully conducted through collaboration between IMDA, ExxonMobil, VLK and Bunkerchain.

Anti-Money Laundering

KoFIU Shares Findings from On-site Inspections at VASPs

By Editors | 04/04/2023

KoFIU issued reprimands, cautions and KRW 490 million in fines against five crypto exchanges, executives and employees.

Cryptocurrency

Crypto Firm Bittrex Announces Decision to Exit US Market

By Editors | 03/04/2023

A lack of regulatory clarity makes it economically unviable for Bittrex to continue operating in the US. The global platform will continue operating.

Cryptocurrency

US Futures SRO Issues New Rule for Crypto Activities

By Editors | 03/04/2023

The compliance rule covers anti-fraud, just and equitable principles of trade, disclosure, and supervision requirements for spot bitcoin and ether trading.

Cryptocurrency

BIS Innovation Hub to Launch Cryptoasset Data Project

By Editors | 02/04/2023

Project Atlas will allow users to visualise cross-border flows in cryptoasset and DeFi markets via publicly available dashboards.

CBDCs

Japan to Create Expert Panel on CBDCs Within April

By Editors | 02/04/2023

The launch of the panel will coincide with the start of a digital yen pilot programme involving the BOJ and private sector participants.

Tokenisation

Mirae Asset, SK Telecom to Collaborate on Security Token Business

By Editors | 01/04/2023

Mirae Asset Securities and SK Telecom formed a consortium to collaborate on creating a business ecosystem for security tokens.

Cryptocurrency

Taiwan FSC to Develop Regulatory Guidelines for Crypto Industry

By Editors | 31/03/2023

The guidelines will cover information disclosures, product listings, customer asset segregation, money laundering prevention, consumer protection, and information security, among other areas.