Crypto / Digital Assets

Crypto / Digital Assets

FTX Founder Sam Bankman-Fried Sentenced to 25 Years

By Editors | 31/03/2024

The judge also ordered the forfeiture of more than $11bn for properties and assets Bankman-Fried bought with customer funds.

Crypto / Digital Assets

Korea Sets Out Procedures for Dealing with ‘Unfair’ Crypto Trades

By Editors | 31/03/2024

The proposed operating rules will come into force from 19 July, when the new Virtual Asset User Protection Act also takes effect.

Crypto / Digital Assets

Nigeria Files Charges Against Binance & Executives

By Editors | 31/03/2024

One of the two Binance executives detained last month escaped custody. Both executives and Binance are accused of money laundering and tax evasion, among other charges.

Crypto / Digital Assets

Taiwan Approves Establishment of Local Crypto Industry Association

By Mark Johnston | 29/03/2024

The association will be responsible for formulating industry norms, advocating compliant operations, and improving industry self-discipline.

Crypto / Digital Assets

VSFG & Value Partners Apply to Launch Spot Bitcoin ETF

By Editors | 29/03/2024

VSFG is said to be “actively engaged” in discussions with the SFC on plans to potentially launch the new spot bitcoin ETF in May.

Crypto / Digital Assets

UK Proposes Two New Use Cases for Fund Tokenisation

By Manesh Samtani | 29/03/2024

Tokenising MMF units could facilitate their use as collateral, and reduce redemption pressures on MMFs during market stress.

Sanctions

US, UK Probing $20b in Tether Transfers to Russia’s Garantex – Report

By Editors | 28/03/2024

There is no immediate suggestion of wrongdoing by Tether Holdings, the BVI-incorporated issuer of USDT.

Crypto / Digital Assets

MAS to Clarify Regulatory Treatment of Tokenised Funds

By Ranamita Chakraborty | 28/03/2024

MAS is reviewing its regulatory framework to ensure it addresses the legal and regulatory implications of tokenised funds.

Crypto / Digital Assets

LSE Proposes 28 May Launch for Crypto ETN Market Segment

By Manesh Samtani | 28/03/2024

Issuers seeking to list a Bitcoin- or Ethereum-backed crypto ETN on 28 May 2024 need to submit information to the LSE by 15 April 2024.