United States

Crypto / Digital Assets

CFTC Takes First Action Involving Decentralised Crypto Exchange

By Manesh Samtani | 12/01/2023

The CFTC filed fraud and swap manipulation charges against a hacker, saying the Commodity Exchange Act applies to decentralised blockchain-based trading platforms.

ESG / Sustainability

Thai SEC Signs New Financial Services MoU with UK

By Editors | 11/01/2023

The MoU will focus on developing the FinTech sector, promoting sustainable finance, and increasing awareness of sustainable investment in Thailand and other ASEAN countries.

Market Infrastructure

SET, TFEX Make Rule Changes to Support New Trading System

By Editors | 11/01/2023

The new trading system, developed in partnership with Nasdaq, will boost order execution efficiency and increase capacity for large volume trading.

ESG / Sustainability

Thailand Exempts New SRI Funds from Establishment Fees

By Editors | 11/01/2023

The fee exemptions are intended to support fund managers companies in giving more weight to sustainability-driven securities investment.

Capital / Liquidity

Crypto Bank Silvergate Reveals Details of Post-FTX Bank Run

By Manesh Samtani | 10/01/2023

The bank faced $8bn in withdrawals, forcing it to sell $5.2bn in debt securities at a $718mn loss. Its stock has fallen 95% since Nov 2021.

ESG / Sustainability

Philippine SEC Finalises Rules for SRI Funds

By Sanday Chongo Kabange | 10/01/2023

SRI Funds will have to allocate at least two-thirds of their NAV to their sustainable investment objective.

Sanctions

US Sanctions Iranian Executives Over Russia Drone Sales

By Editors | 10/01/2023

Six officers and board members of Qods Aviation Industries were designated over the use of Iranian drones by Russia to attack Ukrainian civilian infrastructure.

Crypto / Digital Assets

US SEC Probes Due Diligence Practices of FTX Investors

By Editors | 09/01/2023

Venture capital firms and investment funds that invested in FTX may face scrutiny about whether they met their fiduciary duties to their own investors.

Crypto / Digital Assets

NYAG Files Suit Against Founder of Crypto Lender Celsius

By Manesh Samtani | 08/01/2023

NYAG says Alex Mashinsky lied about Celsius’s safety, then lost customer funds in risky investments and concealed the firm’s deteriorating financial condition.