Crypto / Digital Assets

Enforcement

US Federal Court Jails Former FTX Exec Caroline Ellison

By Nithya Subramanian | 26/09/2024

Caroline Ellison was the former girlfriend and a key witness in the prosecution of FTX founder Sam Bankman-Fried.

Crypto / Digital Assets

ASIC Seeks to Require Crypto Firms to Obtain AFS Licence

By Thisanka Siripala | 26/09/2024

Commissioner Alan Kirkland said ASIC is seeking to bring crypto businesses into the existing financial regulatory framework.

Crypto / Digital Assets

Nasdaq Wins SEC Approval to List Options on Bitcoin ETF

By Editors | 25/09/2024

The options contracts on iShares Bitcoin Trust ETF still need to be approved by the Options Clearing Corp and the CFTC before trading can begin.

Crypto / Digital Assets

HKMA Commences Phase 2 of e-HKD Pilot Programme

By Manesh Samtani | 24/09/2024

Over 20 firms were selected to explore innovative use cases for e-HKD and tokenised deposits across three themes.

Crypto / Digital Assets

Korea to Start Testing CBDC Backed Deposit Tokens

By Editors | 24/09/2024

BOK will issue wholesale CBDC, which banks will convert to deposit tokens for use by 100,000 consumers for retail purchases.

Crypto / Digital Assets

HSBC Tests Post-Quantum Cryptography With Tokenised Gold

By Manesh Samtani | 21/09/2024

HSBC pilot-tested the ability to move gold tokens across different ledgers while protecting against quantum computing attacks.

AML / KYC

German Authorities Shut Down 47 Cryptocurrency Exchanges

By Nithya Subramanian | 20/09/2024

The crypto exchanges did not carry out identity and background checks on customers and allowed them to conduct financial transactions anonymously.

Crypto / Digital Assets

DBS to Launch Crypto Options and Structured Notes

By Nithya Subramanian | 20/09/2024

DBS will allow eligible investors to use options trading and structured notes to gain or hedge exposures to Bitcoin and Ethereum.

Enforcement

US SEC Files First Charges Involving Romance Scams

By Nithya Subramanian | 20/09/2024

In the first charges of this type, the SEC alleges that fraudsters used social to lure investors to fake crypto platforms before stealing their money.