All posts tagged "Bitcoin"
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959AML / KYCOFAC Sanctions Two Chinese Nationals Over Stolen Cryptocurrency
OFAC has linked two Chinese nationals to the 2018 theft of $250mn in cryptocurrency by the Lazarus Group, a US-designated North Korean cybercrime group.
March 4, 2020 -
445InternationalCross-border Payments Front and Center in BIS Quarterly Review
The BIS is exploring how to solve key shortcomings related to access and cross-border payments, including to address the global decline in correspondent banking.
March 3, 2020 -
997Capital Regulation
BCBS Addresses Capital Requirements for “Crypto-Assets”
The BCBS consultation will likely give an indication of the banking industry's mindset towards holding cryptoassets in the future, says Douglas Cheung at Wolters Kluwer.
December 23, 2019 -
652FeatureMAS Consults on Regulatory Approach for Crypto Derivatives
The MAS has received indications of interest for bitcoin and ether derivatives, regulated under the SFA, to be made available to investors in Singapore.
November 21, 2019 -
889Fintech / RegtechUPDATED – Bitpoint Japan Loses $28m in Crypto in Hot Wallet Hack
The majority of the stolen funds belonged to clients and were held in hot wallets. Crypto exchanges in Japan are required to hold client assets offline in segregated cold wallets.
July 16, 2019 -
887Fintech / RegtechSingapore Proposes GST Exemption for Digital Token Payments
Transactions involving digital tokens or cryptocurrencies that function or are intended to function as a medium of exchange will be exempt from GST.
July 9, 2019 -
903EnforcementSingapore Court Rules in First Case Involving Cryptocurrency
The Singapore International Commercial Court has ruled that crypto exchange Quoine was liable for a “breach of contract and breach of trust” by reversing seven trades in April 2017.
March 19, 2019 -
546Fintech / RegtechUPDATED – Japan FSA Considers Approving Crypto ETFs
The FSA is gauging industry interest in crypto ETFs, following its release of a new draft framework for the sector that could become law in 2020.
January 9, 2019 -
1.6KFeatured Articles
Singapore’s First Crypto Litigation Highlights Need for Regulatory Clarity
The outcome of B2C2 v. Quoine could inform regulators’ considerations on the next set of rules for crypto exchanges, which in time may provide greater clarity for investors.
December 3, 2018 -
585ChinaChinese Arbitration Court Protects Bitcoin as ‘Property’
"Bitcoin has the nature of a property, which can be owned and controlled by parties, and is able to provide economic values and benefits," the Court ruled.
October 29, 2018
