Crypto / Digital Assets

    AML / KYC

    Malaysia Issues AML/CTF Policy for Cryptocurrency Exchanges

    By Manesh Samtani | 01/03/2018

    Cryptocurrency exchanges are required to fully identify all customers and monitor for money laundering and terrorist financing activities.

    Crypto / Digital Assets

    S.Korea to ‘Encourage’ Banks to Deal with Crypto Exchanges

    By Manesh Samtani | 22/02/2018

    FSS governor says government will support ‘normalised trading’ of cryptocurrencies, requiring interaction of banks and crypto exchanges.

    Crypto / Digital Assets

    Japan FSA to Empower Self Regulatory Body for Cryptocurrency

    By Manesh Samtani | 19/02/2018

    Self regulatory organisation will create rules and set penalties for breaches of self-imposed rules.

    Crypto / Digital Assets

    S. Korea Explores NY-style ‘Bitlicense’ for Cryptocurrency

    By Manesh Samtani | 14/02/2018

    The plan could include minimum capital and financial reporting requirements to qualify for a cryptocurrency exchange license.

    Crypto / Digital Assets

    Thailand Banks Banned from Cryptocurrency Activities

    By Manesh Samtani | 14/02/2018

    Banks prohibited from trading, advising on, and creating platforms for cryptocurrency.

    Crypto / Digital Assets

    Australia Won’t Follow US, UK Credit Card Bans for Crypto

    By Manesh Samtani | 09/02/2018

    ANZ, Westpac, NAB have no restrictions on buying cryptocurrency with credit cards, the banks confirmed.

    Crypto / Digital Assets

    Key Regulators Weigh in on Cryptocurrencies: CFTC, SEC, BIS

    By Manesh Samtani | 07/02/2018

    The US Senate Banking Committee held a fact-finding hearing seeking the views of both the CFTC and SEC chairmen on cryptocurrency regulation.

    Fintech / Regtech

    China Blocks Domestic Investors from Accessing Cryptocurrency Overseas

    By Manesh Samtani | 06/02/2018

    Access to foreign websites related to cryptocurrency restricted; search engine and social media advertisements purged.

    Crypto / Digital Assets

    Japan Orders Internal Inspections at Cryptocurrency Exchanges Nationwide

    By Manesh Samtani | 05/02/2018

    All 32 cryptocurrency exchanges in Japan required to submit reports on security and risk management based on 43-item checklist.

    Crypto / Digital Assets

    How GDPR Could Deflate the Blockchain Hype

    By Bradley Maclean | 05/02/2018

    Firms adopting blockchain technology could struggle to comply with the EU’s incoming GDPR rules.

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