United States

    Capital / Liquidity

    ESMA Recognises TAIFEX as QCCP Under EMIR

    By Editors | 11/11/2022

    The recognition lowers capital requirements and makes managing counterparty risk easier for EU financial institutions participating in Taiwan’s market.

    Crypto / Digital Assets

    OFAC Redesignated Tornado Cash to Link to DPRK WMD Programme

    By Editors | 10/11/2022

    The August designation did not connect Tornado Cash to North Korea’s nuclear programme.

    Crypto / Digital Assets

    Binance Backs Out of FTX Deal, Citing Regulatory Probes

    By Manesh Samtani | 10/11/2022

    The US DOJ, SEC and CFTC are investigating FTX over its crypto lending products, handling of customer funds, and relationship with its US entity.

    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.

    Securities / Derivatives

    NYSE, IDX Agree to Cooperate on Product Development

    By Editors | 08/11/2022

    The New York and Indonesian exchange agreed to collaborate on product development, market promotion, and knowledge sharing.

    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.

    AML / KYC

    Most Ransomware Attacks Have a Russia Nexus: FinCEN

    By Editors | 06/11/2022

    About 75 percent of ransomware-related incidents reported to FinCEN in H2 2021 had a nexus to Russia, its proxies, or persons acting on its behalf.

    Crypto / Digital Assets

    NY Fed Issues Phase One Report on Wholesale CBDC Research

    By Editors | 04/11/2022

    In the test environment, wholesale CBDC transactions on a blockchain-enabled distributed ledger system settled in under 15 seconds on average.

    AML / KYC

    US: ABA Warns Against Liability Shift for Fraudulent P2P Payments

    By Manesh Samtani | 04/11/2022

    Making banks liable for customer-initiated P2P transfers that result from fraud will harm consumers and competition, embolden scammers, and ultimately increase fraud rates.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.