Crypto / Digital Assets

    image

    Fintech / Regtech

    More Than 40 Private Sector Firms Join BIS Project Agora

    By Manesh Samtani | 17/09/2024

    Seven central banks will work with more than 40 financial firms to explore how tokenisation can enhance wholesale cross-border payments.

    image

    Crypto / Digital Assets

    Indonesian Crypto Exchange Indodax Suffers DPRK Hack

    By Nithya Subramanian | 16/09/2024

    Indonesia’s largest crypto exchange is facing losses of up to $20mn from a hack allegedly perpetrated by a North Korea-affiliated actor.

    image

    Crypto / Digital Assets

    US SEC Fines eToro $1.5m for Not Registering Crypto Services

    By Nithya Subramanian | 16/09/2024

    As part of the settlement, eToro is required to delist 102 crypto tokens, leaving only Bitcoin, Bitcoin Cash, and Ether available to investors.

    image

    Crypto / Digital Assets

    UK Introduces Bill to Clarify Legal Status of Digital Assets

    By Thisanka Siripala | 16/09/2024

    The legislation will formally classify crypto, NFTs and certain tokenised assets as property, enabling courts to more effectively handle disputes.

    image

    Crypto / Digital Assets

    Ripple Considers Issuing Japanese Yen Stablecoin – Reports

    By Thisanka Siripala | 12/09/2024

    Ripple CEO Brad Garlinghouse hinted that Ripple could issue a yen stablecoin once its planned USD stablecoin is approved in the US.

    image

    Crypto / Digital Assets

    Singapore Court Jails Crypto Firm Director for Ponzi Scheme

    By Nithya Subramanian | 12/09/2024

    Chen Wei, Director of A&A Blockchain Technology Innovation, has been sentenced to four years in prison for deceiving over 700 investors.

    image

    Crypto / Digital Assets

    UK FCA Charges Man for Operating Illegal Crypto ATM Network

    By Nithya Subramanian | 12/09/2024

    The London resident is the first individual to be criminally prosecuted for unregistered crypto activity in the UK.

    image

    Crypto / Digital Assets

    Indonesia’s OJK is Preparing New Tax Rules for Crypto – Report

    By Nithya Subramanian | 10/09/2024

    The new tax regulations are part of a transition of crypto supervision in Indonesia from Bappebti to OJK, expected by early 2025.

    image

    Crypto / Digital Assets

    Thai SEC Amends Rules on Use of Digital Assets in Payments

    By Nithya Subramanian | 10/09/2024

    The regulatory changes allow digital asset business operators to participate in the central bank’s Programmable Payment Sandbox.

    image

    Crypto / Digital Assets

    Japan’s Megabanks to Pilot Blockchain Cross-Border Payments System

    By Thisanka Siripala | 10/09/2024

    The Japanese megabanks will start piloting stablecoins to simplify the cross-border payments process. The new system is expected to go live in 2025.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.