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Enforcement
‘Gemini Earn’ Investors Secure Full Recovery of Crypto Assets
By Editors | 18/06/2024
The NYAG’s claims against Gemini are now fully resolved, with Gemini Earn users receiving full recovery of the digital assets owed to them.

Crypto / Digital Assets
BOT Launches “Enhanced” Sandbox for Programmable Payments
By Editors | 17/06/2024
The sandbox allows testing of payments where transaction conditions are automatically set using DLT and smart contracts.

Crypto / Digital Assets
BIS Publishes Results of Latest CBDC, Crypto Survey
By Editors | 17/06/2024
Central banks are now more likely to issue a wholesale CBDC than a retail CBDC within the next six years.

Market Infrastructure
BIS Innovation Hub to Explore RTGS to DLT Interoperability
By Editors | 17/06/2024
Project Meridian FX will explore interoperability between RTGS systems and new payments technologies like DLT.

AML / KYC
Malaysia SC Issues Revised AML/CFT/CPF Guidelines
By Editors | 17/06/2024
The updated guidelines include requirements to identify and perform due diligence on counterparty VASPs before transmitting information to them.

Crypto / Digital Assets
Japan Regulator Issues Orders Against Crypto Firm CoinBest
By Editors | 15/06/2024
CoinBest’s IEO operations are suspended and the company is required to make improvements to its management, internal control and AML/CFT systems.

Crypto / Digital Assets
UPDATED – ASX to List First Bitcoin ETF, Joining Cboe Australia
By Editors | 14/06/2024
APAC CEO Arian Neiron said VanEck recognised bitcoin as an emerging asset class that “many advisers and investors want to access”.

Crypto / Digital Assets
Ghana, MAS Complete Cross-border Trade PoC Using CBDC
By Nithya Subramanian | 14/06/2024
Project DESFT demonstrated that the eCedi can facilitate the participation of MSMEs in international trade.

Crypto / Digital Assets
Taiwan Crypto Industry Launches New “VASP Association”
By Editors | 14/06/2024
The VASP Association is charged with developing self-regulatory guidelines and best practices for the crypto industry.

Crypto / Digital Assets
Terraform, Do Kwon Agree $4.6b Settlement With US SEC
By Editors | 13/06/2024
The settlement comes after a New York jury in April found Terraform Labs and Do Kwon liable on civil fraud charges.
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