INTERNATIONAL

    image

    Sanctions

    Russia Set to Start Testing Crypto in International Payments

    By Editors | 29/08/2024

    The trials will commence in September. If successful, Russia may allow the Moscow Exchange to set up crypto platforms next year.

    image

    Crypto / Digital Assets

    CME to Launch Weekly Bitcoin Futures on 30 September

    By Editors | 29/08/2024

    The new contracts will be cash-settled at 4pm New York time every Friday to help investors mitigate weekend price moves.

    image

    AML / KYC

    Swiss Court Sentences Two to Jail for Defrauding 1MDB

    By Manesh Samtani | 29/08/2024

    Two executives of an oil exploration company known as PetroSaudi were sentenced for defrauding 1MDB out of more than $1.8bn.

    image

    AML / KYC

    French Prosecutors File Charges Against Telegram CEO

    By Editors | 28/08/2024

    A French court ruled that there were grounds to formally investigate Pavel Durov, releasing him on bail and ordering him to remain in France.

    image

    Sanctions

    Google Sues to Prevent Further Asset Seizures by Russia

    By Editors | 28/08/2024

    Court documents have revealed that Russia seized more than $100mn from Google’s Russian bank accounts in 2022.

    image

    AML / KYC

    Former Vitol Trader Pleads Guilty to Bribery Scheme

    By Editors | 27/08/2024

    Javier Aguilar and co-conspirators paid $600,000 in bribes in 2018 to two senior Mexican officials to win contracts for Vitol.

    image

    Crypto / Digital Assets

    AIIB Becomes First in Asia to Issue Digital Note via Euroclear

    By Ranamita Chakraborty | 27/08/2024

    The digital securities raised $300mn for AIIB’s sustainable development bond programme, with clearing possible through HKMA’s CMU and SIX.

    image

    Enforcement

    French Police Arrests Telegram Chief Executive Pavel Durov

    By Editors | 26/08/2024

    French authorities allege a lack of moderation on Telegram to prevent criminal use, and failure to cooperate with law enforcement in criminal cases.

    image

    Enforcement

    US Warns Countries Against Allowing Russian Banks to Set Up Branches

    By Editors | 26/08/2024

    Deputy Treasury Secretary Wally Adeyemo said the US will go after the branches as well as other entities and companies that work with them.

    image

    Sanctions

    US Announces New Russia Sanctions Against Nearly 400 Targets

    By Editors | 26/08/2024

    The targets include individuals and entities from across 16 jurisdictions, including China, Hong Kong, Switzerland and the UAE.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team