The bank said it will use the new licence to expand its offerings and provide clients a broader range of financial services powered by blockchain.
October 31, 2023The bill will introduce a licensing system for crypto firms, along with requirements to segregate client assets and protect customer funds.
October 31, 2023The FATF also agreed to revise its asset recovery and NPO-related recommendations, besides publishing three new reports.
October 30, 2023Panellists at the Ripple x Metaco Hong Kong Policy Summit discussed the evolution of Hong Kong's regulatory framework for crypto assets.
October 27, 2023The FCA expects firms authorised to approve financial promotions of cryptoasset firms to take their regulatory obligations seriously.
October 26, 2023A regulatory regime for OTC crypto exchange shops is currently being considered by authorities, according to Commissioner Louise Ho.
October 23, 2023The alert contains red flags that FinCEN has identified to help detect, prevent, and report potential suspicious activity related to Hamas’ terrorist financing activity.
October 23, 2023The circular supersedes a similar circular from January 2022, setting out additional requirements for intermediaries providing virtual asset services to retail investors.
October 22, 2023Regulations to implement the Virtual Asset Users Protection Act, which was passed in June, will be ready by January 2024.
October 20, 2023AML evaluations identified independent audit, customer verification, and manpower shortages as areas for improvement. More attention is also needed on virtual assets.
October 20, 2023