Digital Assets

Cryptocurrency

CME to Offer Additional BTC, ETH Options Expiries

By Editors | 18/04/2023

CME will offer expiries every business day to provide market participants with “greater precision and versatility” in managing short-term price risk.

Fraud, Scams & Cybercrime

Do Kwon Sent $7m to Law Firm Before Terra Collapse

By Editors | 17/04/2023

Korean prosecutors believe the transfer may suggest Do Kwon was aware of Terra’s impending collapse and was seeking to pre-empt the legal repercussions.

Anti-Money Laundering

Working Group Formed to Update Crypto’s IVMS101 Standard

By Manesh Samtani | 16/04/2023

The working group will update the IVMS101 standard and develop other standards to create “greater consistency and integrity” within the crypto ecosystem.

Fraud, Scams & Cybercrime

US Sentences Man Who Stole Bitcoin from Silk Road to Prison

By Mark Johnston | 15/04/2023

The DOJ said James Zhong executed a scheme to trick Silk Road’s withdrawal system and steal 50,000 Bitcoin in 2012.

DeFi & Web3

Japan Policymaking Body Approves New Web3 White Paper

By Editors | 15/04/2023

The paper covers crypto taxation, a DAO law, token screening, stablecoin registration, and Web3 accounting standards.

Cryptocurrency

LCH to Start Clearing BTC Futures and Options in Q4

By Editors | 14/04/2023

LCH will clear Bitcoin index futures and options contracts traded on GFO-X, an FCA-regulated digital asset derivatives trading venue.

Cryptocurrency

Crypto Regulation is an Opportunity for Industry: Ding Chen, Bullish

By Editors | 13/04/2023

Ding Chen at digital asset exchange Bullish says increasing regulation presents an opportunity for crypto firms to gain a competitive advantage.

Cryptocurrency

FTX Has Recovered Over $7.3b in Cash & Liquid Crypto

By Editors | 13/04/2023

FTX attorney Andy Dietderich reportedly said the situation has stabilised and “the dumpster fire is out”.

DeFi & Web3

Hong Kong Doubles Down on Pledge to Develop Web3

By Editors | 13/04/2023

Financial Secretary Paul Chan said crypto market volatility provides an opportunity for Web3 development. SFC official said DeFi platforms require licensing.