LATEST NEWS

Crypto / Digital Assets

Japan FSA to Permit Foreign Issued Stablecoins by Early June

By Editors | 30/01/2023

Under the new regulations, the FSA will only permit stablecoins that pass checks to ensure user protections are in place and reserve assets are secure.

ESG / Sustainability

Climate Consultancy South Pole Accused of Over-issuing Carbon Credits

By Editors | 30/01/2023

South Pole is alleged to have oversold 27 million tonnes of carbon credits and then failed to notify clients when the mistake was discovered.

Enforcement

FCA Charges Former Janus Henderson Analyst for Insider Trading

By Editors | 30/01/2023

Redinel Korfuzi used confidential inside information obtained in his role as a Janus Henderson analyst to enable “timely and profitable trading” in 49 companies.

AML / KYC

US, EU Authorities Take Down HIVE Ransomware Gang

By Editors | 30/01/2023

“Simply put, using lawful means, we hacked the hackers,” said deputy attorney general Lisa Monaco.

Crypto / Digital Assets

Allowing Self-Custody Should be Considered in CBDC Design

By Sanday Chongo Kabange | 30/01/2023

World Economic Forum article suggests CBDC designers should consider allowing self-custody as an option to increase overall user dignity and welfare.

Sanctions

US Expands Sanctions Against Russia’s Wagner Group

By Editors | 30/01/2023

Russian mercenary organisation Wagner Group was re-designated as a foreign person that constitutes a “significant transnational criminal organisation”.

Securities / Derivatives

DTCC Publishes Testing Framework for US Move to T+1 Settlement

By Editors | 30/01/2023

The testing framework assumes a September 2024 implementation date. Testing dates may have to change as regulators have not yet confirmed an implementation date.

Enforcement

SEBI Investigating Alleged Stock Manipulation by Adani Group

By Manesh Samtani | 30/01/2023

Short seller Hindenburg Research says the Adani Group engaged in stock price manipulation and accounting fraud over the course of decades.

Crypto / Digital Assets

White House Calls for Progress on US Crypto Legislation

By Manesh Samtani | 30/01/2023

Congress should strengthen disclosure requirements for crypto firms and expand regulators’ powers to prevent misuses of customers’ assets and mitigate conflicts of interest, officials say.