Crypto / Digital Assets

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    Enforcement

    US Court Orders ‘My Big Coin’ Founder to Pay $7.6m in Restitution

    By Mark Johnston | 12/02/2025

    Randall Crater, previously sentenced to serve over eight years in prison, is required to pay victims who were defrauded in the “My Big Coin” scheme.

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    Crypto / Digital Assets

    US SEC Solicits Feedback on In-Kind Redemptions for Crypto ETFs

    By Nithya Subramanian | 12/02/2025

    This follows an application by Cboe BZX Exchange seeking permission for “in-kind” creations and redemptions for two ETFs

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    Crypto / Digital Assets

    OECD Offers Recommendations to Boost Tokenisation in Markets

    By Thisanka Siripala | 12/02/2025

    New OECD report outlines factors hindering broader adoption of asset tokenisation and offers a series of recommended policy actions.

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    Crypto / Digital Assets

    HKMA Consults on Amendments to Banking Capital Rules

    By Sanday Chongo Kabange | 12/02/2025

    The amendments to certain definitions or provisions aim to enhance clarity and align with the Basel framework.

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    Crypto / Digital Assets

    Korean Crypto Exchanges Urged to Bolster IT Security After Failures

    By Thisanka Siripala | 12/02/2025

    FSS inspections in the last two months found traffic surges overloaded exchange servers, highlighting the need for infrastructure upgrades.

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    Crypto / Digital Assets

    Japan Considers Stricter Disclosure Rules for Crypto Firms

    By Thisanka Siripala | 12/02/2025

    The proposed framework would require crypto firms to disclose financial and operational information like publicly traded companies.

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    Crypto / Digital Assets

    ESMA Issues Guidance to Align EU Approach to MiCA Authorisation

    By Thisanka Siripala | 10/02/2025

    National competent authorities should ensure outsourcing is not used to create “letter-box entities” or evade supervision.

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    Crypto / Digital Assets

    GDF-FIX Alliance Creates Bridge to Tokenised Assets

    By Thisanka Siripala | 10/02/2025

    GDF and FIX members have demonstrated the ability to connect to blockchain-based assets using FIX-based TradFi platforms.

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    Crypto / Digital Assets

    PNG Completes CBDC Trial with Japan’s METI and Soramitsu

    By Editors | 10/02/2025

    The PoC involved building a secure payment infrastructure that enabled real-time payments and P2P remittances through a mobile app.

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    AML / KYC

    ByBit Pays $1m Penalty to Re-enter Indian Crypto Market

    By Nithya Subramanian | 10/02/2025

    Bybit has paid a penalty and registered with FIU-IND, after having suspended services in India last month.

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