International

Crypto / Digital Assets

Crypto Crime Rose to Over $20b in 2022: Chainalysis

By Editors | 17/02/2023

Overall, Chainalysis says illicit activity in cryptocurrency remains a small share of total volume at less than 1 percent.

Crypto / Digital Assets

FSB Assesses DeFi Vulnerabilities and How to Address Them

By Manesh Samtani | 17/02/2023

The FSB will consider changes to its proposed crypto regulatory framework to account for DeFi-specific risks, and policy responses to address TradFI-DeFi interactions.

Crypto / Digital Assets

DSB Seeks Additional Expertise in OTC Derivatives, Digital Assets

By Editors | 17/02/2023

The DSB Product Committee is seeking increased representation from Asia and additional expertise in digital assets-related OTC derivatives.

AML / KYC

Sanctioned Crypto Mixer Relaunched Under New Name

By Editors | 16/02/2023

Blockchain analytics firm Elliptic found a trail of transactions linking sanctioned crypto mixer Blender to a new mixing service that was launched in October.

ESG / Sustainability

TNFD Momentum Gathers After COP15

By ESG Investor | 15/02/2023

Final beta version to follow on heels of agreement on Target 15 in new Global Biodiversity Framework.

Crypto / Digital Assets

North Korean Crypto Thefts Broke Records in 2022 – Report

By Mark Johnston | 14/02/2023

A UN report says North Korea stole more crypto in 2022 than in any previous year, using cyber techniques that have grown in sophistication.

Sanctions

UK Adds Russia Sanctions, EU Prepares Next Package

By Manesh Samtani | 14/02/2023

The US will crack down on facilitators and third-country providers helping Russia evade sanctions, whether “wittingly or unwittingly”.

Market Infrastructure

IAIS Consults on New Guidance for Policyholder Protection Schemes

By Editors | 13/02/2023

The paper describes current practices and is intended to serve as a guide for jurisdictions considering establishing a PPS or modifying an existing PPS.

AML / KYC

Wolfsberg Group Updates CBDDQ, FCCQ, and Related Documents

By Editors | 13/02/2023

The CBDDQ updates include a new section on fraud and additional questions related to whistleblower policy, virtual bank licence, the approval of sanctions policy, and other changes.