Digital Assets

Fraud, Scams & Cybercrime

US Court Sentences Crypto Founder Do Kwon to 15 Years in Prison

By Manesh Samtani | 13/12/2025

The South Korean national faces separate charges in his home country, with a potential prison transfer after serving half his US term.

Custody & Infrastructure

Vietnam Forms New Board to Oversee Digital Asset Market

By Sanday Chongo Kabange | 13/12/2025

The new body under the securities regulator is tasked with developing a legal framework and policies for the digital assets sector.

Payments & Settlements

BIS Bulletin Calls for Regulatory Action on Cross-Border Payments

By Manesh Samtani | 13/12/2025

The bulletin says inconsistent jurisdictional implementation is slowing progress, urging action on standards and non-bank access.

Stablecoins

South Korea Stablecoin Bill Delayed Due to FSC-BOK Disagreement

By Mark Johnston | 12/12/2025

South Korea misses legislative deadline for stablecoin framework as central bank and financial regulator clash over bank equity mandates and oversight.

Tokenisation

Australian Fintechs to Pilot Tokenised Asset-Backed Securities

By Sanday Chongo Kabange | 12/12/2025

A consortium of fintech firms will pilot a tokenised AUD 250 million asset-backed security under the RBA's Project Acacia.

Anti-Money Laundering

India Cracks Down on Tax Evasion Linked to Virtual Assets

By Nithya Subramanian | 12/12/2025

India has intensified its crackdown on undisclosed crypto income, uncovering major tax evasion, tightening reporting rules, and expanding AML oversight of virtual asset platforms.

Anti-Money Laundering

Experts Urge Overhaul of Risk-Based Approach, AML Enforcement

By Manesh Samtani | 12/12/2025

At the Basel AML Index launch, speakers from the Wolfsberg Group and ECB called for better enforcement and a more proportionate risk-based approach.

Custody & Infrastructure

Korea's Upbit Raises Cold Storage Ratio to 99pc After Hack

By Sanday Chongo Kabange | 11/12/2025

The country's largest crypto exchange is moving nearly all customer assets offline in response to a major security breach and tightening regulatory scrutiny.

Tokenisation

BIS Unveils Report on Tokenised FX Pilot for Cross-Border Payments

By Nithya Subramanian | 11/12/2025

The PoC demonstrated that tokenised FX and settlement can be integrated with existing retail payment systems, paving the way for faster and more resilient cross-border transactions.