Crypto / Digital Assets

Crypto / Digital Assets

SC Malaysia Includes Digital Assets in ‘Recognised Market’ Guidelines

By Editors | 01/02/2019

Operators of electronic platforms for digital assets have until 1 March to submit an application to be formally recognised by the Securities Commission as market operators.

Securities / Derivatives

HKEX Seeks Faster Time-to-Market for IPOs

By Editors | 28/01/2019

The exchange is considering shortening the time it takes to price new shares and to bring pricing closer to the market trading, to address concerns that stocks tend to fall sharply after listing.

Crypto / Digital Assets

Stock Exchange of Thailand Seeks Digital Asset Licence

By Editors | 18/01/2019

The SET plans to apply for a licence to operate a new digital asset exchange, to be set up in collaboration with its members.

AML / KYC

Malaysia Restricts Crypto Activity Until New Guidelines in Place

By Manesh Samtani | 17/01/2019

Crypto exchange operators are prohibited from accepting new clients and ongoing ICO projects must return all client funds, until the securities regulator is ready to formally authorise their activities.

Crypto / Digital Assets

Hong Kong, Luxembourg Sign Mutual Recognition of Funds Agreement

By Editors | 16/01/2019

Eligible general equity, bond or mixed funds authorised by the SFC can seek authorisation to be marketed to retail investors in Luxembourg.

Crypto / Digital Assets

Two Thirds of Korean Crypto Exchanges Vulnerable to Hacking

By Manesh Samtani | 14/01/2019

Only 7 of 21 crypto exchanges in South Korea passed the government’s security audit; the rest are “vulnerable to hacking attacks at all times.”

Fintech / Regtech

Japan FSA to Crack Down on Unlicensed Crypto Investment Firms

By Editors | 10/01/2019

Currently, investment firms collecting funds from investors in cryptocurrency do not explicitly fall under Japan’s Financial Instruments and Exchange Act.

Crypto / Digital Assets

UPDATED – Japan FSA Considers Approving Crypto ETFs

By Editors | 08/01/2019

The FSA is gauging industry interest in crypto ETFs, following its release of a new draft framework for the sector that could become law in 2020.

Enforcement

S. Korea’s Largest Crypto Exchange Accused of Inflating Volumes, Prices

By Editors | 27/12/2018

South Korea’s Upbit is alleged to have used bots to manipulate trading volumes and prices to attract investors to the exchange. Two officers and an employee have been indicted.