Digital Assets

    Cryptocurrency

    Korean Brokerages Seeking Licences to Establish Crypto Businesses

    By Editors | 23/08/2022

    Mirae Asset Securities and Samsung Securities are among seven firms seeking a licence. The government separately said airdrops will be subject to a gift tax.

    Cryptocurrency

    US SEC Files Suit Against Crypto Entities Over ICO Sale

    By Mark Johnston | 22/08/2022

    Blockchain firm Dragonchain raised about $16.5mn without registering its token sales as securities offerings.

    Fraud, Scams & Cybercrime

    Almost $2b Stolen from Crypto Hacks in H1 2022: Chainalysis

    By Editors | 22/08/2022

    The value stolen from crypto hacks increased 60% from the same pariod last year, largely attributed to vulnerabilities of DeFi protocols.

    Sustainable Finance

    JPX Starts Disclosing Daily Data on Green Bond Projects

    By Editors | 21/08/2022

    A new “Green Tracking Hub” is disclosing the amount of power generated by renewable energy projects financed by JPX’s first digitally tracked green bond.

    Cryptocurrency

    Korean Authorities to Block, Investigate 16 Foreign Crypto Firms

    By Editors | 21/08/2022

    The unregistered foreign VASPs including KuCoin were referred for investigation and will have their websites and transactions blocked in Korea.

    Custody & Infrastructure

    Thailand: Crypto Custody Added as Distinct Licence Category

    By Editors | 19/08/2022

    Digital asset depository service providers already operating in Thailand have until 11 October to submit a licence application to the SEC.

    Custody & Infrastructure

    ASX, Zerocap Complete Digital Asset Custody POC

    By Editors | 18/08/2022

    The project will support custody on Synfini, ASX’s new DLT-as-a-Service platform, for any tokenised asset, including crypto.

    Cryptocurrency

    South Korea Launches Private-Public Taskforce on Digital Assets

    By Sanday Chongo Kabange | 18/08/2022

    The new taskforce will examine new legislation that ensures a “proper balance” between innovation, and investor protection and financial stability.

    Cryptocurrency

    Crypto Firm Hodlnaut Applies for Judicial Management in Singapore

    By Editors | 18/08/2022

    The alternative of forced liquidation would be a “suboptimal solution” that would require Hodlnaut to sell users’ cryptocurrencies at “depressed asset prices”.

    Cryptocurrency

    ASIC Concerned by Extent of Retail Investors Exposed to Crypto

    By Editors | 18/08/2022

    ASIC chair Joe Longo says better investor protections are needed after a survey of retail investors founr 44 percent were holding cryptocurrency.

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