Market Abuse

BIS Bulletin Raises Concerns Over Front-running by Crypto Miners

20/06/2022

Crypto miners can choose which transactions they add to ledgers and in which order, allowing them to front-run markets.

Cryptocurrency

Thai SEC Directs Listcos to Exercise Prudence in Crypto Business

20/06/2022

Circulars were sent to listed companies regarding digital assets. The SEC’s final advertising rules will take effect on 16 July. Huobi has exited the Thai market.

Cryptocurrency

Korea Crypto Exchanges Agree Measures to Prevent Terra-style Losses

20/06/2022

Under a new system being proposed, crypto exchanges will coordinate to stop trading in tokens that become excessively volatile within 24 hours.

Trading & Investment

Taiwan Revises Bond Issuance Rules for Financial Groups

20/06/2022

Financial holding companies will be able to issue corporate bonds in batches over up to two years using a single approval granted by the FSC.

Cryptocurrency

BIS Innovation Hub Announces New Set of Projects

20/06/2022

The first three Eurosystem Centre projects will focus on crypto markets, quantum-resistant cryptography for payments, and climate-related disclosures.

Cryptocurrency

US Regulators Probe Celsius Suspension of Crypto Withdrawals

20/06/2022

Withdrawals have been suspended one week. Celsius says it is continuing efforts to stabilise its liquidity and operations, and that the process “will take time”.

Fraud, Scams & Cybercrime

CBIRC Warns of Online Fraudsters Impersonating Regulators

19/06/2022

This is the fourth fraud risk warning issued by the CBIRC this year. Consumers are asked to remain vigilant and report fraud attempts.

Credit Risk

RBI Doubles Lending Limits for Cooperative Banks

19/06/2022

The higher lending caps are intended to account for rising housing prices and customer needs, the RBI said.

Anti-Money Laundering

FATF Concludes Final Plenary Under German Presidency

19/06/2022

FATF will soon publish an update on travel rule implementation in the crypto industry, a report on collaborative analytics, and new guidance for the real estate sector.