Digital Assets

PEPs & Sanctions

OFAC Sanctions Russian Crypto Miners, UK Targets Military

By Manesh Samtani | 21/04/2022

OFAC designated Russian crypto miners and a bank offering sanctions evasion services. The UK sanctioned Russian generals and others supporting the military.

Fraud, Scams & Cybercrime

AUSTRAC Issues New Guidance on Ransomware, Crypto Crime

By Manesh Samtani | 21/04/2022

Financial services businesses are asked to use the indicators in the guides in transaction monitoring to detect potential illicit activity and file SMRs.

Emerging Prudential Risks

FSB Warns of Emerging Vulnerabilities, Financial Stability Risks

By Manesh Samtani | 21/04/2022

Global financial stability cannot be taken for granted going forward, FSB Chair Klaas Knot said in a letter to G20 Finance Ministers and Central Bank Governors.

Cryptocurrency

Australia to Launch First Crypto ETFs Next Week

By Editors | 21/04/2022

Cosmos Asset Management will issue an ETF offering indirect exposure to Bitcoin. 21Shares will offer direct crypto exposures through a Bitcoin ETF and an Ether ETF.

Cryptocurrency

Hong Kong is Moving to a Robust Regulatory Framework for Crypto

By Etelka Bogardi | 19/04/2022

Etelka Bogardi and Amy Chung say Hong Kong’s efforts to regulate the crypto sector and stablecoin market are on the whole in line with international trends while leaving room for further development.

Sustainable Finance

JPX Issues Framework for Digitally Tracked Green Bonds

By Manesh Samtani | 19/04/2022

JPX also announced a partnership with Hitachi, Nomura Securities and BOOSTRY to issue the first publicly-offered bonds under the new framework.

PEPs & Sanctions

US Treasury Sanctions Lazarus Entities Over ‘Ronin Bridge’ Hack

By Editors | 19/04/2022

OFAC has added a list of entities associated with Lazarus to its sanctions list, including a specific Ethereum wallet address associated with the attackers.

Tokenisation

China: Industry Bodies Warn of NFT-related Financial Risks

By Editors | 17/04/2022

China’s internet finance, banking and securities associations have outlined six measures to curb “NFT financialisation and securitisation” and prevent NFT-related illegal activity.

PEPs & Sanctions

GCFFC Task Force to Drive Sanctions Compliance in Crypto

By Editors | 17/04/2022

The founding members of the task force are Chainalysis, Elliptic, GDF and Safello, who will together work to support sanctions compliance in the crypto industry.