Tokenisation

EIB Issues First GBP Digital Bond on Public Blockchain

01/02/2023

The issue marks the first ever digital bond denominated in GBP, as well as the first public issuance on Orion, HSBC’s new tokenisation platform.

PEPs & Sanctions

US, Canada, UK Announce Fresh Myanmar Sanctions

01/02/2023

The sanctions come two years after the February 2021 military coup. Myanmar’s air force is among the targets for its civilian bombing campaign.

Fraud, Scams & Cybercrime

Crypto Firm Celsius Operated as Ponzi Scheme, Report Says

01/02/2023

Celsius, now in bankruptcy, used customer funds to prop up the price of its own token for years, including to allow insiders to cash out.

Trading & Investment

IOSCO Revises Principles for Regulating Commodity Derivatives Markets

01/02/2023

New Principles added cover unexpected market disruptions, market access, high-frequency trading, and investor education.

Custody & Infrastructure

US SEC Probes Investment Advisers Over Crypto Asset Custody

01/02/2023

The US regulator is inquiring into how investment advisers assess third-party custodians used to hold clients’ crypto assets.

Sustainable Finance

JPX Concludes Carbon Credit Market Demonstration Project

01/02/2023

The project was commissioned by METI in September last year to demonstrate the technical feasibility of a carbon credits market.

Cryptocurrency

New York Regulator Investigating Crypto Firm Gemini

01/02/2023

Gemini emphasised connections to the FDIC when customers asked if their assets were safe. Almost $1bn in customer assets have since been frozen on the platform.

Stablecoins

HKMA Confirms Plans to Introduce Stablecoin Regulations

01/02/2023

Stablecoins must be fully backed, redemption at par must be available at all times, and issuers must be licenced. Algorithmic stablecoins will not be accepted.

PEPs & Sanctions

Australia Sanctions Targets in Iran, Myanmar for Human Rights Abuses

01/02/2023

The Australian government also announced sanctions against individuals and entities in Myanmar and Iran for violence and human rights abuses against their people.