The FSC is creating a new bureau that will be dedicated to the crypto sector, adding to its four existing bureaus.
May 3, 2023FTX's creditors are in talks with Tribe Capital, a venture capital firm that is interested in leading a $250mn fund raise to restart the exchange.
April 24, 2023MiCA is expected to come into force around July; provisions relating to stablecoins from July 2024; and provisions relating to CASPs and the travel rule from January 2025.
April 21, 2023Lawyers have been attempting to serve O’Neal since November 2022 but he reportedly evaded agents hired to serve the documents for months.
April 21, 2023At a meeting in Tokyo last week, officials and the private sector discussed global progress and challenges in regulating virtual assets.
April 20, 2023FTX attorney Andy Dietderich reportedly said the situation has stabilised and "the dumpster fire is out".
April 13, 2023FTX stored private keys in plain text documents without encryption on an FTX group server that was accessible by staff.
April 11, 2023Ben Bowden, Global Head of Compliance at OKX, discusses the fallout from FTX, crypto regulatory approaches, and the role of proof of reserves.
April 11, 2023Pre-collapsed FTX and today's Binance would not meet the threshold for classification as 'significant' CASPs. Even if they did, stricter requirements wouldn't apply.
April 10, 2023The "industry-driven project" has been ongoing for about six months, with participation from MAS and Police in a banks-led working group.
April 10, 2023