International

AML / KYC

US Secures Extradition of Former Crypto Exchange Operator

By Editors | 09/08/2022

Alexander Vinnik is alleged to have laundered more than $4bn through a crypto exchange he operated known as BTC-e until it was shut down in 2017.

Market Infrastructure

CPMI-IOSCO Explores How CCPs Address Non-default Losses

By Editors | 08/08/2022

New paper aims to help advance industry efforts and dialogue on the concepts and processes used by CCPs to address losses from non-default events, such as cyber attacks.

Crypto / Digital Assets

BlackRock, Coinbase Partner on Crypto Trading Services

By Editors | 08/08/2022

Connectivity will be established between BlackRock’s investment management platform Aladdin and Coinbase’s integrated trading platform Coinbase Prime.

Capital / Liquidity

BCBS Warns of Risky Real Estate and Leveraged Loans

By Editors | 08/08/2022

The pandemic and recent inflation have heightened credit risk concerns. Supervisors have observed higher-risk and deficient lending practices.

Crypto / Digital Assets

US Court Allows Voyager Digital to Return Cash to Customers

By Editors | 07/08/2022

Regulators have separately ordered the crypto brokerage to “immediately remove” false statements it made that suggested it was FDIC-insured.

Crypto / Digital Assets

CME to Launch Euro-denominated Crypto Futures

By Editors | 05/08/2022

The new EUR-denominated contracts will provide more precise tools to trade and hedge exposure to Bitcoin and Ether, said CME’s Tim McCourt.

Big Picture

Activity-based & Entity-based Regulation Reinforce Each Other’s Effectiveness

By Editors | 05/08/2022

A new paper from the Financial Stability Institute says neither entity-based nor activity-based regulation is in and of itself the optimal choice.

AML / KYC

ECB Analyses Options for Enhancing Cross-Border Payments

By Manesh Samtani | 04/08/2022

Bitcoin and stablecoins are “unlikely” to be the “holy grail” of cross-border payments. Interlinked domestic payment systems and interoperable CBDCs show the most promise.

AML / KYC

FFIS Takes Stock of AML & Fraud Data Sharing Platforms

By Editors | 03/08/2022

New paper covers 15 different private-private financial information sharing platforms across the US, UK, Singapore, the Netherlands, Switzerland, Estonia and Australia.