United States

Crypto / Digital Assets

CFTC Triumphs in Landmark Case, Establishing Legal Liability for Ooki DAO

By Editors | 12/06/2023

The judgment also imposes a fine, permanent trading and registration bans, the shutdown of Ooki DAO’s website, and the removal of its online content.

Crypto / Digital Assets

US SEC’s Binance Suit Delays Korea Gopax Acquisition

By Sanday Chongo Kabange | 08/06/2023

The FSC has suspended planned management changes at crypto trading platform Gopax, which was acquired by Binance in February.

ESG / Sustainability

Climate Impact X Launches Spot Trading Platform for Carbon Credits

By Ranamita Chakraborty | 08/06/2023

**CIX told Regulation Asia that it is seeking alignment with IOSCO’s principles for commodity price benchmarks – a detailed set of guidelines relating to governance and control systems.
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Crypto / Digital Assets

Philippine SEC Delayed Roll-out of Crypto Rules Last Year Due to FTX

By Sanday Chongo Kabange | 07/06/2023

The SEC was ready to issue a new regulatory framework for crypto assets late last year, but decided to delay its release to incorporate lessons from the FTX collapse.

Sanctions

OFAC Sanctions Chinese and HK Firms in Iranian Procurement Network

By Editors | 07/06/2023

The sanctions came the same day Iran unveiled its first hypersonic ballistic missile, which cannot be detected and tracked by existing sensor systems.

Crypto / Digital Assets

Cboe Granted Approval to Clear Margined Crypto Futures

By Sanday Chongo Kabange | 07/06/2023

To date, Cboe has offered trading and clearing of Bitcoin and Ether futures only on a fully collateralised basis.

Crypto / Digital Assets

US SEC Seeks Emergency Freeze on Binance Assets

By Manesh Samtani | 07/06/2023

The emergency motion comes a day after the SEC charged Binance and its CEO for alleged securities law violations.

Crypto / Digital Assets

US SEC Charges Coinbase for Alleged Securities Law Violations

By Manesh Samtani | 06/06/2023

Ten US states separately accused Coinbase of securities law violations. CEO Brian Armstrong said the SEC lawsuit will help establish clarity around crypto rules.

Sanctions

OFAC Sanctions Russian Intelligence Actors Who Targeted Moldova

By Editors | 06/06/2023

OFAC said the sanctioned actors provided protest training, logistical support or financial support as part of a Russian plot to capitalise on protests in Moldova.