Crypto / Digital Assets

Crypto / Digital Assets

FSB Workplan Includes Global Push to Implement Crypto Rules

By Mark Johnston | 25/01/2024

FSB said that implementation of its recommendations for crypto assets and careful monitoring are essential for the crypto market.

Crypto / Digital Assets

Taiwan Expands Fraud Probe at Crypto Firm ACE Exchange

By Mark Johnston | 25/01/2024

Taiwanese prosecutors have expanded a crypto fraud investigation to include the president of ACE Exchange and four other suspects.

Crypto / Digital Assets

Value Partners, VSFG Partnering to Launch Spot Bitcoin ETF

By Editors | 24/01/2024

Value Partners Hong Kong and Venture Smart Financial Holdings have signed an MoU to collaborate on the launch of a spot Bitcoin ETF in Hong Kong this year.

AML / KYC

BIS Focuses on Tokenisation, CBDCs, Green Finance Projects This Year

By Ranamita Chakraborty | 24/01/2024

BIS is ensuring “technology serves economically meaningful activities” as it advances its CBDC project and initiates a blockchain-based tokenisation project.

Crypto / Digital Assets

US SEC Confirms “SIM Swap” Attack as Cause of Social Media Hack

By Editors | 24/01/2024

The SEC said an employee’s phone was targeted in a “SIM swap” attack through the agency’s telecom carrier, after multifactor authentication was left disabled since last July.

Crypto / Digital Assets

HK’s Stablecoins Regime to Streamline Cross-border Transactions

By Nithya Subramanian | 24/01/2024

Consistent regulatory approach globally and technical standardisations across different blockchains will be key to widespread adoption of stablecoins.

AML / KYC

Metaverse Tools Crucial in Fight Against Cryptocurrency Crime: INTERPOL

By Ranamita Chakraborty | 23/01/2024

Interpol’s white paper highlights blockchain forensics as a vital tool in combating Metacrimes linked to cryptocurrencies, including money laundering and fraud.

Sanctions

US, UK, Australia Announce New Round of Hamas Sanctions

By Editors | 23/01/2024

OFAC said the sanctions target Hamas, its financiers, and its international financial infrastructure, including crypto transfers.

Crypto / Digital Assets

Hong Kong Firm Targets Spot Bitcoin ETF Launch in Q1

By Nithya Subramanian | 22/01/2024

Venture Smart Financial Holdings aims to accumulate USD 500 million in assets under management by the end of 2024.