Digital Assets

Cryptocurrency

Crypto Assets Come Under International Regulatory Scrutiny

By Garima Chitkara | 19/07/2018

The FSB submitted a report to the G20 detailing a framework to monitor potential contagion risks and wealth effects arising from crypto-assets.

Cryptocurrency

Bank-backed Crypto Exchange Opens to Retail Investors in Japan

By Garima Chitkara | 19/07/2018

Following limited launch by SBI Holdings in June, cryptocurrency exchange VCTRADE has now begun accepting retail investors; no applications allowed from corporate or institutional investors.

Custody & Infrastructure

Thailand Explores Blockchain Use for Banking, Bonds Settlement

By Garima Chitkara | 18/07/2018

BOT looking at blockchain applications for document authentication, cross-border payments and regional connectivity; Bond Market Association working to release a bond settlement token.

Cryptocurrency

Australian Tax Officials To Crack Down On Crypto Traders

By Garima Chitkara | 12/07/2018

The Australian Tax Office will use cross border data sharing agreements to track tax obligations of cryptocurrency traders, though tax implications from major gains will likely be confined to a few individuals.

Cryptocurrency

RISE HK: Regulation Needed to Clean Up Crypto Sector

By Manesh Samtani | 12/07/2018

At the RISE conference in Hong Kong this week, industry participants called for regulation in the crypto sector “earlier rather than later”, to avoid backlash which could set the industry back.

Cryptocurrency

BSP Approves Two More Virtual Currency Exchanges

By Garima Chitkara | 12/07/2018

Virtual Currency Philippines and Etranss accredited by the BSP bringing the total number of virtual currency exchanges in the Philippines to five.

Cryptocurrency

Thailand Publishes Regulatory Framework for ICOs

By Emma Zhou | 10/07/2018

New framework will task companies known as ICO portals with screening issuers and cap retail investment in ICO projects, starting from 16 July.

Cryptocurrency

India’s Supreme Court Upholds RBI Crypto Ban

By Emma Zhou | 05/07/2018

RBI ban on financial institutions providing services to companies and individuals dealing in cryptocurrencies was upheld by the Supreme Court on Tuesday; next hearing scheduled for 20 July.

Cryptocurrency

Thailand’s Securities Firms Seek to Launch Joint Crypto Exchange

By Emma Zhou | 03/07/2018

Security companies in Thailand are looking to join hands in setting up a crypto exchange, believing customers will prefer trading with known securities businesses.