Crypto / Digital Assets

Crypto / Digital Assets

HKEX Goes Live With New Virtual Asset Index Series

By Sanday Chongo Kabange | 18/11/2024

The HKEX Virtual Asset Index Series consists of a reference index and reference rate for both Bitcoin and Ether.

Crypto / Digital Assets

HKMA Warns Crypto Firms Against Misusing “Bank” Label

By Sanday Chongo Kabange | 18/11/2024

The HKMA says misuse of the label “bank” by unlicensed crypto firms may constitute a contravention of the Banking Ordinance.

Crypto / Digital Assets

KoFIU Identifies Over 500,000 Potential KYC Violations at Upbit

By Mark Johnston | 15/11/2024

Upbit reportedly accepted identification from customers when the name or registration number on the ID was blurred and not properly identified.

Crypto / Digital Assets

US Files Lawsuit to Recover Crypto Linked to FTX Bribery

By Nithya Subramanian | 14/11/2024

Prosecutors are suing to obtain cryptocurrency in an account allegedly connected to bribes paid to Chinese officials before FTX collapsed.

Crypto / Digital Assets

FTX Sues Binance to Recover $1.8b in Alleged Fraudulent Transfers

By Nithya Subramanian | 14/11/2024

FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, seeking to reclaim $1.8bn from a 2021 share buyback deal.

Crypto / Digital Assets

China Launches e-CNY ‘Hard Wallet’, Resembling Convential Credit Card

By Editors | 12/11/2024

The PBOC hopes the card, aimed at seniors, students, and foreign visitors in China, will expand accessibility to and adoption of the e-CNY.

Crypto / Digital Assets

Korea’s New Virtual Asset Committee Holds First Meeting

By Nithya Subramanian | 11/11/2024

A key issue discussed was enabling corporate entities to participate in the domestic virtual asset market rather than using overseas platforms.

Crypto / Digital Assets

UBS Pilots Digital Cash for Cross-Border Payments

By Nithya Subramanian | 11/11/2024

UBS Digital Cash is aimed at boosting efficiency, transparency, and liquidity management for corporate and institutional clients.

Crypto / Digital Assets

RBA Invites Industry to Participate in Digital Money Experiments

By Editors | 11/11/2024

The project will explore how different forms of digital money and associated infrastructure could support the development of wholesale tokenised asset markets in Australia.