Crypto / Digital Assets

Crypto / Digital Assets

HKEX Seeks ‘Unprecedented’ Market Connectivity Via LSEG Merger

By Manesh Samtani | 11/09/2019

HKEX chief Charles Li says the merger would create the most important investment platform and risk management infrastructure for the free flow of global capital between the East and West.

Crypto / Digital Assets

FSC Korea Gets New Chairman, Eun Sung-soo

By Editors | 11/09/2019

In his inauguration speech, the new FSC chairman Eun Sung-soo vowed to act quickly if financial market volatility increases.

Crypto / Digital Assets

Japanese Crypto Exchange Operator to Close Shop

By Editors | 24/08/2019

Tech Bureau Corp – the ex-operator of hacked exchange Zaif – will become the first FSA-registered crypto exchange operator to shut down its operations.

AML / KYC

Singapore Crypto Sector Consults on AML/CFT Code of Practice

By Editors | 15/08/2019

The code was facilitated by MAS and developed in consultation with ABS by ACCESS, the Association of Cryptocurrency Enterprises and Start-ups, Singapore.

Crypto / Digital Assets

RBI Issues Enabling Framework for Regulatory Sandbox

By Editors | 14/08/2019

The RBI has set a minimum net worth criteria of $35,000 for sandbox participants, half the amount specified in April’s draft.

Crypto / Digital Assets

China Almost Ready to Release Central Bank Digital Currency

By Editors | 13/08/2019

PBOC deputy director for payments Mu Chungchun said the new digital currency and electronic payment system that would not rely entirely on blockchain.

AML / KYC

UN Report: North Korea Still Accessing International Financial System

By Editors | 09/08/2019

The report says North Korea has amassed $2bn from cyberattacks on banks and crypto exchanges, and that it has about 30 overseas representatives helping it evade sanctions.

AML / KYC

Korea’s FIU Seeks Direct Supervision Over Crypto Exchanges

By Editors | 08/08/2019

Currently, the Financial Intelligence Unit only indirectly regulates cryptocurrency exchanges in Korea through the administrative guidance it issues for banks.

Big Picture

Global Crypto Trading Should be Guided by IOSCO Principles: WFE

By Editors | 03/08/2019

“Innovation which has the potential to present systemic risk or is allowed to operate in an unchecked or unregulated manner is detrimental to financial markets and investor interests.”