ADVERTISEMENT

Enforcement
CFTC, FTX Reach Agreement on $12.7b Settlement
By Editors | 17/07/2024
The CFTC is only payable to the extent that funds are available after customer and creditor claims are settled.

Crypto / Digital Assets
US to List First Spot Ether ETFs Next Week – Reports
By Editors | 17/07/2024
Final approvals for up to eight spot ether ETFs are expected on Monday. Trading is expected to start the next day.

Crypto / Digital Assets
Thai SEC Proposes New Requirements for Crypto Exchanges
By Editors | 16/07/2024
Digital asset exchanges will be required to establish and disclose rules regarding token listing, delisting, trading, clearing, settlement, and market making.

Fintech / Regtech
New York DFS Issues Rules Governing AI for Insurers
By Nithya Subramanian | 15/07/2024
The guidance ensures that implementation of AI in insurance does not perpetuate systemic biases that result in unfair discrimination, while providing market stability.

Sanctions
US Sanctions Iranian Chemical Weapons Research Company
By Editors | 15/07/2024
This is the first time the Biden administration has imposed sanctions against Iran’s chemical weapons programme.

AML / KYC
Crypto Firm BitMEX Pleads Guilty to US Criminal Charge
By Editors | 15/07/2024
BitMEX said its founders were already sentenced for BSA charge in 2022 and that it has since fully remediated its deficiencies and will seek an expedited sentencing hearing.

Sanctions
FinCEN Issues New Alert on Financing of West Bank Violence
By Editors | 12/07/2024
The alert provides additional red flag indicators. New sanctions on three individuals and five entities also announced.

Crypto / Digital Assets
Crypto Lender Celsius Files Lawsuit Against Former Users
By Editors | 12/07/2024
Crypto lender Celsius said users who withdrew funds in the 90 days before its bankruptcy “unfairly benefitted at the expense of other account holders”.

Crypto / Digital Assets
ASX Commences Trading in Second Spot Bitcoin ETF
By Editors | 12/07/2024
The ETF is managed by DigitalX Limited in partnership with K2 Asset Management and Canadian firm 3iQ.

Enforcement
Former Trader Settles $150m Lawsuit Against Deutsche Bank
By Nithya Subramanian | 11/07/2024
Matthew Connolly accused the German bank of making him a scapegoat by lying to prosecutors.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.