Digital Assets

Fraud, Scams & Cybercrime

CFTC Charges California Firm for ‘Ponzi-like’ Crypto Fraud

By Editors | 17/02/2023

Vista Network Technologies and its CEO advertised to customers that it would trade their digital assets using “robot traders” which did not exist.

Fraud, Scams & Cybercrime

US SEC Files Securities Fraud Charges Over Terra Collapse

By Editors | 17/02/2023

The Terraform ecosystem was ‘simply a fraud propped up by a so-called algorithmic stablecoin’, says Gurbir Grewal.

Tokenisation

Hong Kong Issues First-of-its-kind Tokenised Green Bond

By Editors | 17/02/2023

Financial Secretary Paul Chan said the issuance demonstrates Hong Kong’s strengths in combining bond market, green and sustainable finance, and fintech.

Tokenisation

Siemens Issues First Blockchain-based Digital Bond

By Editors | 17/02/2023

Siemens said it sold the bond directly to investors without engaging CSDs, and the transaction was completed within two days.

DeFi & Web3

FSB Assesses DeFi Vulnerabilities and How to Address Them

By Manesh Samtani | 17/02/2023

The FSB will consider changes to its proposed crypto regulatory framework to account for DeFi-specific risks, and policy responses to address TradFI-DeFi interactions.

Market Data & Technology

DSB Seeks Additional Expertise in OTC Derivatives, Digital Assets

By Editors | 17/02/2023

The DSB Product Committee is seeking increased representation from Asia and additional expertise in digital assets-related OTC derivatives.

PEPs & Sanctions

Sanctioned Crypto Mixer Relaunched Under New Name

By Editors | 16/02/2023

Blockchain analytics firm Elliptic found a trail of transactions linking sanctioned crypto mixer Blender to a new mixing service that was launched in October.

Cryptocurrency

CME to Launch Event Contracts on Bitcoin Futures

By Editors | 16/02/2023

The new event contracts will provide a highly transparent and less complex way for investors to access crypto markets, said Tim McCourt.

Custody & Infrastructure

US SEC Proposes to Tighten Custody Rules Including for Crypto

By Editors | 15/02/2023

The proposed change is expected to make it more difficult for asset managers to invest in crypto assets on behalf of clients.