Digital Assets

Fraud, Scams & Cybercrime

UK Unveils Legislative Agenda for Financial Services, Markets

By Manesh Samtani | 12/05/2022

The agenda includes support for safe crypto adoption, stronger powers to tackle illicit finance, and better fraud protections for consumers.

Cryptocurrency

Countries Should Ensure Capital Controls Cover Crypto: IMF

By Editors | 12/05/2022

A new IMF paper calls on policymakers to preserve the effectiveness of capital controls by clarifying the legal status of crypto assets.

Stablecoins

TerraUSD Collapse Highlights Need for Stablecoin Regulation: Yellen

By Manesh Samtani | 12/05/2022

The world’s fourth largest stablecoin lost its peg this week, trading as low as 23 cents to the dollar on Wednesday.

CBDCs

IMF Explores Impact of Digital Money on Central Bank Operations

By Editors | 11/05/2022

The paper explores how CBDCs and stablecoins could impact the interest rate channel, monetary policy and central bank operations.

Cryptocurrency

The EU’s MiCA Races to Create a Regulatory Superhighway

By Ari Redbord | 11/05/2022

Ari Redbord outlines what crypto-asset service providers need to understand as discussions continue on an EU-wide regulatory framework for crypto.

CBDCs

Opposition to CBDC Based on Misconceptions, RBNZ Says

By Manesh Samtani | 11/05/2022

Respondents to the RBNZ’s consultation have expressed concerns that cash and privacy would be at risk of disappearing if a CBDC is issued.

Anti-Money Laundering

MONEYVAL Calls for Clampdown on Crypto-enabled Money Laundering

By Mark Johnston | 11/05/2022

Some smaller cryptocurrencies are being established specifically with the motive of laundering, while larger virtual assets are seeing “heavy” manipulation.

Tokenisation

ADDX, Fullerton Partner to Tokenise Private Equity Fund

By Editors | 11/05/2022

Temasek subsidiary Fullerton Fund Management is issuing tokenised units of a new private equity fund of funds on the ADDX platform.

Cryptocurrency

Korea to Lift Ban on ICOs, Enhance Investor Protections

By Sanday Chongo Kabange | 11/05/2022

The new government will establish a regulatory framework for ICOs and introduce rules to guard investors against hacks, system errors and unauthorised transactions.