MAS says the move is aimed at preventing the loss of customers' assets and to facilitate a recovery in the event of a DPT provider's insolvency.
July 4, 2023Albert Yuen, Kishore Bhindi, and Jasmine Yung explain the SFC's requirements for virtual assets trading platforms around technology risk management and cybersecurity.
June 27, 2023Digital currency exchanges have to meet additional requirements to continue using services on Cuscal's platform.
June 22, 2023The new platform is established as an umbrella VCC, with multiple underlying sub-funds that clients can use to manage their assets.
June 19, 2023Commissioner Kristin Johnson said the advisory means a formal rulemaking process on crypto clearing is warranted.
June 1, 2023The licence, granted by FINRA, is considered an important milestone, though there are limitations of what it can be used for.
May 30, 2023The platform can be used for order matching and trade execution, with segregated custody and settlement done separately.
May 25, 2023The SFC will start accepting licence applications from virtual asset trading platforms starting 1 June.
May 24, 2023The UAE has a "well-balanced approach" to digital assets, making it an "ideal first market" for the launch, said CEO Bill Winters.
May 13, 2023The CRPTO Act would ban the use of the term “stablecoin” except for digital assets backed 1:1 with the safest of reserve assets. Crypto platforms would have to reimburse fraud losses.
May 8, 2023