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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.
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
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.
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.
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.
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.
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.
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.
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.
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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