Crypto / Digital Assets

Crypto / Digital Assets

Indonesia Launches National Cryptocurrency Exchange

By Manesh Samtani | 24/07/2023

The new exchange will serve as the only trading venue in the country where digital assets can be exchanged legally.

AML / KYC

US DOJ Elevates Crypto Enforcement Team Within Criminal Division

By Manesh Samtani | 24/07/2023

NCET will merge into the Computer Crime and Intellectual Property Section, more than doubling the number of prosecutors available to work on crypto-related crime.

AML / KYC

China Dismantles Online Gambling Ring, Seizes $160m in Crypto

By Editors | 22/07/2023

Police said the scheme involved a “maze-like criminal network” that used virtual assets to launder money overseas.

Crypto / Digital Assets

UK Rejects Proposal to Regulate Crypto as Gambling

By Mark Johnston | 21/07/2023

The UK government and Treasury have rejected a parliamentary committee’s suggestion to regulate crypto trading and investment as gambling.

Crypto / Digital Assets

BOJ Holds First Meeting of Expert Panel on CBDCs

By Editors | 21/07/2023

The first meeting of the CBDC Forum was held on Thursday, including participation from about 60 private business operators.

Crypto / Digital Assets

ASIC Cancels FTX Australia’s AFS Licence

By Sanday Chongo Kabange | 20/07/2023

FTX Australia may provide “limited financial services” related to termination of existing derivatives with clients until the end of 12 July 2024.

Crypto / Digital Assets

Total e-CNY Transactions Reach ¥1.8tr in China

By Mark Johnston | 19/07/2023

China’s digital yuan is gaining traction in domestic transactions, including in the aviation sector and in a Hong Kong shopping festival.

Crypto / Digital Assets

Chinese Authorities Call to Strengthen Cybersecurity Insurance Regulations

By Jill Wong | 19/07/2023

Two Chinese authorities issued an ‘opinion’ on ways to standardise and support the sound development of cybersecurity insurance.

AML / KYC

NAB Blocks Payments to “High-risk” Cryptocurrency Platforms

By Editors | 18/07/2023

NAB will initially block “several” cryptocurrency exchanges that it has concerns with, but this could be expanded further in future.