Crypto / Digital Assets

Crypto / Digital Assets

SEC Thailand Grants New Licences to Four Crypto Firms

By Editors | 07/08/2022

The approvals come as the SEC continues to investigate Zipmex, which operates in Thailand, Singapore, Indonesia and Australia.

Crypto / Digital Assets

CME to Launch Euro-denominated Crypto Futures

By Editors | 05/08/2022

The new EUR-denominated contracts will provide more precise tools to trade and hedge exposure to Bitcoin and Ether, said CME’s Tim McCourt.

Crypto / Digital Assets

Senate Bill Would Grant CFTC Authority Over Bitcoin, Ether

By Manesh Samtani | 05/08/2022

The bill would amend the Commodity Exchange Act to include a new commodity category called “digital commodities” that includes Bitcoin and Ether.

Crypto / Digital Assets

FCA Finalises Advertising Rules for High-risk Financial Products

By Manesh Samtani | 04/08/2022

Rules for cryptoasset promotions will be published after new legislation confirms how crypto will be brought into the FCA’s remit.

AML / KYC

ECB Analyses Options for Enhancing Cross-Border Payments

By Manesh Samtani | 04/08/2022

Bitcoin and stablecoins are “unlikely” to be the “holy grail” of cross-border payments. Interlinked domestic payment systems and interoperable CBDCs show the most promise.

AML / KYC

New York State Regulator Penalises Robinhood Crypto Unit

By Editors | 04/08/2022

Robinhood Crypto had inadequate staffing of its AML programme, transaction monitoring deficiencies, and noncompliant cybersecurity policies.

AML / KYC

US SEC Charges 11 Over Crypto Pyramid and Ponzi Scheme

By Editors | 04/08/2022

Forsage investors earned profits by recruiting others into the scheme, which used assets from new investors to pay earlier investors.

Crypto / Digital Assets

Laying the Groundwork for Digital Assets to Take Flight in Korea

By Susan Friedman | 04/08/2022

South Korea has an opportunity to bolster innovation in digital assets as it develops new regulations for the sector, say Ripple’s Susan Friedman and Rahul Advani.

Crypto / Digital Assets

MAS Grants DPT Licences to Sparrow, Digital Treasures Center

By Manesh Samtani | 02/08/2022

Sparrow and DTC were granted in-principle approval earlier this year. MAS will be consulting on proposed measures to enhance its regulatory framework in the next few months.