Digital Assets

CBDCs

BOJ Examines Use of Privacy Enhancing Technologies for CBDC

By Mark Johnston | 29/01/2023

A CBDC could be supported by the use of privacy-enhancing technologies to anonymise data while still allowing for AML/CFT analysis, the BOJ says.

Cryptocurrency

ISDA Launches Standard Definitions for Digital Asset Derivatives

By Editors | 27/01/2023

ISDA says the definitions set clear provisions for execution and settlement and will help to reduce credit and market risk in digital asset trading.

Custody & Infrastructure

New Network Launches to Facilitate Stablecoin, CBDC Transfers

By Editors | 27/01/2023

Several Tier 1 banks are participating in POCs to test the Universal Digital Payment Network (UDPN) for cross-border transfers and swaps.

Anti-Money Laundering

Crypto Exchange Coinbase Fined in the Netherlands

By Editors | 26/01/2023

The DNB said Coinbase was offering services to Dutch users before it was formally registered as required by local laws.

Market Abuse

US SEC Charges Man for Crypto Token Manipulation Scheme

By Editors | 26/01/2023

The SEC said Avraham Eisenberg orchestrated an attack on Mango Markets. He also faces criminal and civil charges brought by the DOJ and CFTC.

Anti-Money Laundering

UK FCA Offers Guidance on Crypto Business Registration

By Editors | 26/01/2023

The guidance draws from over 300 applications received by the FCA to date, to help crypto firms prepare their applications for registration.

Tokenisation

Tokenisation Can Threaten Financial System Stability: Denis Beau

By Mark Johnston | 25/01/2023

Banque de France official says tokenisation increases operational risks, especially cyber risks, and needs to be regulated “as swiftly as possible”.

Custody & Infrastructure

NYDFS Issues Guidance on Crypto Custody and Related Disclosures

By Editors | 25/01/2023

The guidance emphasises the “paramount importance of equitable and beneficial interest always remaining with the customer”.

CBDCs

BISIH London Invites Firms to Test Retail CBDC API Platform

By Editors | 25/01/2023

Project Rosalind’s phase one work will be complete within Q1 and be followed by a further phase focused on testing and validating API functionality.