All posts tagged "cryptocurrency"
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466FeatureSupreme Court Overturns RBI Circular Barring Banks from Crypto Dealings
The ruling is hailed as a big win for the crypto sector. But, the government has yet to act on an interministerial committee's recommendations to ban all private cryptocurrencies.
March 5, 2020 -
945AML / 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 -
701AML / KYCSingapore’s Payment Services Act Comes Into Force
The PS Act gives MAS formal supervisory powers over technology, cybersecurity and AML/CFT controls at payment services firms, including cryptocurrency and e-wallet companies.
January 28, 2020 -
1.2KAML / KYCWhat FATF Recommendation 16 Means for the Crypto Industry
Implementing strict KYC processes to comply with the 'travel rule' may be costly, but it is a necessary sacrifice to build a stronger industry in the long-run, says Michael Ou at CoolBitX.
January 22, 2020 -
246Fintech / RegtechJapan FSA to Limit Crypto Leverage to 2x Deposits – Report
The rule will be stricter than the 4x leverage limit imposed by the Japan Virtual Currency Exchange Association, the industry's self-regulatory organisation.
January 16, 2020 -
1.3KAML / KYCTechnology to Drive Regulatory Agenda in 2020: Thomson Reuters
Technology has displaced the 2008 financial crisis as the main issue driving the international regulatory agenda, says a new report from Thomson Reuters.
January 9, 2020 -
650Feature
MAS 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 -
2.2KAML / KYCSFC Unveils Regulatory Framework for Crypto Exchanges
Under the new framework, announced at Hong Kong Fintech Week, platform operators that offer trading in virtual assets classified as securities may seek Type 1 and Type 7 licences from the SFC.
November 7, 2019 -
622AML / KYCFATF Begins Assessment of Japan’s AML Regime
For the first time, cryptocurrency exchanges will also subject to the review, the first assessment of Japan’s AML system in 11 years.
October 30, 2019 -
506FeatureFSC Korea Gets New Chairman, Eun Sung-soo
In his inauguration speech, the new FSC chairman Eun Sung-soo vowed to act quickly if financial market volatility increases.
September 11, 2019
