Crypto / Digital Assets

Crypto / Digital Assets

Philippines: Union Bank Starts Offering Crypto Services

By Editors | 09/11/2022

Union Bank’s digital asset platform, developed by Swiss firm Metaco, went live last week, offering trading in bitcoin and ether.

Capital / Liquidity

Binance Signs Non-Binding Agreement to Acquire Rival FTX

By Editors | 09/11/2022

The non-binding agreement comes amid a liquidity crunch at FTX, prompted by $6bn of withdrawals in the 72 hours before Tuesday morning.

Crypto / Digital Assets

US Court Rules Crypto Firm LBRY Sold Unregistered Securities

By Manesh Samtani | 09/11/2022

Industry watchers say the ruling could have implications for the SEC’s suit against Ripple, which was charged in December 2020 with selling unregistered securities.

Crypto / Digital Assets

Thai SEC: Revised IT Security Rules to Take Effect in July 2023

By Editors | 08/11/2022

The SEC has strengthened the obligations of capital markets and digital assets firms to supervise and manage the risks to their IT systems.

Crypto / Digital Assets

Regulatory Dynamics for FinTech in Asia Pacific

By Ian Herbison | 08/11/2022

Ian Herbison and Saskia Kendall discuss three dynamics shaping the APAC FinTech industry and the need for partnership between the public and private sectors.

Crypto / Digital Assets

US Agents Seized Over $3.3bn in Silk Road’s Bitcoin Last Year: DOJ

By Editors | 08/11/2022

Over 50,000 Bitcoin, stolen from online marketplace Silk Road in 2012, was seized in November 2021 and has since lost more than two-thirds of its value.

Crypto / Digital Assets

Bank of Korea Completes Second Stage of CBDC Experiments

By Editors | 08/11/2022

BOK tested the use of its CBDC system to purchase NFTs, perform cross-border remittances, fulfill seizure orders, and automate AML/CFT monitoring and STR filings.

Crypto / Digital Assets

EU Parliament to Delay MiCA Vote Until Feb 2023 – Report

By Editors | 07/11/2022

The European Parliament was planning to hold its vote on the MiCA text in December. The European Council approved the text in early October.

Crypto / Digital Assets

Goldman, MSCI, Coin Metrics Launch Taxonomy for Digital Assets

By Editors | 07/11/2022

The taxonomy classifies coins and tokens based on how they are used to facilitate digital asset portfolio analysis, monitoring, benchmarking, and risk management.