Digital Assets

Tokenisation

MAS Sets Out Framework for Digital Asset Networks

By Karen Ng | 27/06/2023

MAS will also expand Project Guardian to test the potential of asset tokenisation across more financial asset classes.

Cryptocurrency

HSBC Starts Offering Customers Access to Crypto ETFs

By Editors | 27/06/2023

HSBC is allowing Hong Kong customers to buy and sell Bitcoin and Ether based ETFs listed on the local stock market.

Anti-Money Laundering

BSP Urged to Take Action Against Unregistered Crypto Exchanges

By Mark Johnston | 26/06/2023

Infrawatch PH says exhibiting leniency toward unregistered crypto exchanges risks the Philippines remaining on the FATF gray list.

Anti-Money Laundering

FATF Plenary: Cameroon, Croatia and Vietnam Added to Grey List

By Manesh Samtani | 26/06/2023

The FATF will publish on 27 June its fourth update on the implementation of the recommendations on virtual assets and VASPs.

Anti-Money Laundering

Switzerland Freezes $26m in Crypto Linked to Terra Collapse

By Editors | 25/06/2023

The assets, held at digital asset bank Sygnum, were frozen in response to a request from US and Korean authorities.

Structural Regulation

FSC Korea Approves Financial Hub Development Plan

By Sanday Chongo Kabange | 23/06/2023

The financial hub development plan outline measures the FSC will undertake to promote financial hubs in South Korea.

Stablecoins

Upper House of UK Parliament Approves Financial Services and Markets Bill

By Editors | 23/06/2023

The bill will give regulators powers to regulate stablecoins and crypto activities and enable the PSR to force banks to reimburse APP fraud victims.

Fraud, Scams & Cybercrime

CFTC Files Charges in First Romance Scam Case Involving Crypto

By Sanday Chongo Kabange | 22/06/2023

The CFTC says it is the first time it is handling a romance scam case involving digital asset commodities and forex.

Cryptocurrency

Wall Street Firms Launch New Crypto Exchange, EDX Markets

By Editors | 22/06/2023

EDX Markets is backed by Charles Schwab, Citadel Securities, Fidelity Digital AssetsSM, Paradigm, Sequoia Capital, and Virtu Financial, among others.