Digital Assets

    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.

    Fraud, Scams & Cybercrime

    US SEC, DOJ File Fraud Charges Over $62mn Crypto Fraud

    By Editors | 10/05/2022

    MCC International Corp and its founders were charged for selling fraudulent investment plans that promised daily returns from crypto mining and robotic trading.

    Cryptocurrency

    Thai SEC Prepares to Implement New Rules on Crypto-related Advertising

    By Sanday Chongo Kabange | 10/05/2022

    The SEC will extend the transitional period to allow crypto firms more time to ensure their advertising content aligns with the new rules.

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