ADVERTISEMENT
Cryptocurrency
South Korea Deferred Crypto Tax Plans Two Years
By Editors | 25/07/2022
The plan to tax crypto was deferred due to stagnant market conditions and a desire to first improve investor protections in the crypto sector.
DeFi & Web3
Hong Kong as a Legal Centre of Excellence for Digital Finance
By Troy Song | 25/07/2022
Many crypto exchanges and institutions already choose Hong Kong as the place to resolve their disputes, but more need to be done, says Troy Song.
Market Abuse
US DOJ Charges Ex-Coinbase Employee for Insider Trading
By Manesh Samtani | 25/07/2022
A former Coinbase employee and two others were charged. The SEC’s parallel action classifies 9 crypto tokens as securities. Coinbase files a petition.
Climate Risk
ECB Calls Out Crypto Assets for ‘Outsized Carbon Footprint’
By Editors | 24/07/2022
The ECB calls on investors and financial institutions to evaluate whether crypto undermines their ESG objectives and climate strategy.
Tokenisation
ISSA Finds ‘Major Upsurge’ in DLT Use in Financial Markets
By Editors | 24/07/2022
Over 30% of the industry using DLT in live production, finds ISSA survey, conducted by the ValueExchange with support from Accenture, Broadridge and VMWare.
Cryptocurrency
Japan FSA Dissatisfied With Crypto Industry Self-Regulation – Report
By Editors | 24/07/2022
Japan’s self-regulatory body for the crypto industry is being criticised for poor governance, lack of skilled staff, and slow implementation of AML rules.
Fraud, Scams & Cybercrime
US Recovers Crypto Ransoms Paid by Healthcare Providers
By Editors | 23/07/2022
The FBI seized about USD 500,000 from two crypto accounts that had received ransoms paid by US health care providers to North Korean hackers.
Data Privacy
PDPC Issues Data Protection Guidance for Blockchain Apps
By Editors | 22/07/2022
The guidance provides data protection recommendations for firms developing and deploying blockchain apps that process personal data.
Stablecoins
UK Gov Publishes Financial Services and Markets Bill
By Editors | 22/07/2022
The bill establishes HM Treasury’s authority to make regulations for digital assets including stablecoins.
Fraud, Scams & Cybercrime
ACCC Chair Calls for Joint Response to Financial Scams
By Sanday Chongo Kabange | 21/07/2022
ACCC chair Gina Cass-Gottlieb says banks have a responsibility to protect customers from investing in scam cryptocurrency schemes.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.