Digital Assets

Cryptocurrency

Japan Crypto Firms Call for Looser Margin Trading Restrictions

By Editors | 22/06/2023

An existing 2x leverage cap for retail investors is intended to curb excessive speculation and protect investors from significant losses.

Cryptocurrency

Cuscal Introduces New Requirements for Crypto Firms in Australia

By Ranamita Chakraborty | 22/06/2023

Digital currency exchanges have to meet additional requirements to continue using services on Cuscal’s platform.

Fraud, Scams & Cybercrime

Terra Founder Jailed for Four Months in Montenegro

By Mark Johnston | 22/06/2023

Do Kwon and another former Terra executive were arrested in Montenegro in March for possessing fake passports.

DeFi & Web3

French Regulator Calls for Global Approach to DeFi Regulation

By Editors | 21/06/2023

The AMF seeks a “balanced regulatory framework that will help support the sound development of decentralised finance in the long run”.

CBDCs

MAS Proposes Common Digital Money Standards

By Karen Ng | 21/06/2023

MAS has published a whitepaper specifying conditions for the use of digital money.

Tokenisation

BIS Offers Blueprint for Future Monetary & Financial System

By Editors | 21/06/2023

The BIS says the future financial system will combine tokenised money and assets on a programmable platform.

Tokenisation

Japan Introduces New Tax Rules for Token Issuers

By Mark Johnston | 20/06/2023

The new tax rules exempt issuers from paying taxes on unrealised gains on tokens they issue and hold.

Fraud, Scams & Cybercrime

US FDIC Orders OKCoin to Stop Advertising Deposit Insurance

By Sanday Chongo Kabange | 19/06/2023

Crypto firm OKCoin is directed to “immediately” remove misleading statements about deposit insurance or face enforcement action.

Cryptocurrency

NYAG Penalises CoinEx $1.8m for Failure to Register

By Sanday Chongo Kabange | 19/06/2023

CoinEx must implement geoblocking to prevent New York IP addresses from accessing its platform.