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, 2019The 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, 2019Transactions involving digital tokens or cryptocurrencies that function or are intended to function as a medium of exchange will be exempt from GST.
July 9, 2019The 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, 2019The 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, 2019The 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"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, 2018While AMLD5 confirms the EU’s leadership role in AML legislation, similar efforts have been seen in Asia, says Claus Christensen at Know Your Customer Ltd.
October 15, 2018About two-thirds of the stolen cryptocurrency belonged to customers of the exchange platform Zaif, which will receive a cash infusion from Fisco Digital Asset Group to help repay them.
September 24, 2018Chinese police have arrested three individuals who allegedly hacked computers belonging to individuals and companies to steal 600 million yuan in bitcoin and ether.
August 22, 2018