Crypto / Digital Assets

    image

    Enforcement

    SEC Lawsuit Against Binance May Proceed, Court Rules

    By Manesh Samtani | 03/07/2024

    Binance already settled DOJ, Treasury and CFTC charges for $4.3bn, but the SEC’s case was not included in the settlement.

    image

    Crypto / Digital Assets

    MAS Grants Paxos Full Approval to Offer Stablecoins in Singapore

    By Nithya Subramanian | 03/07/2024

    Paxos is partnering with DBS Bank for cash management and the custody of stablecoin reserves.

    image

    Crypto / Digital Assets

    Canton Network Launches Decentralised Interoperability Infrastructure

    By Editors | 02/07/2024

    The “Global Synchronizer” enhances interoperability on the Canton Network, which is designed to enable tokenisation and frictionless exchange of regulated financial assets and liabilities.

    image

    Crypto / Digital Assets

    Trade Bodies to Develop Disclosure Guidelines for Digital Assets

    By Editors | 02/07/2024

    Four trade associations have organised a Steering Committee to propose new disclosure guidelines for digital asset tokens offered in the US.

    image

    Crypto / Digital Assets

    US Treasury Finalises New Crypto-Tax Regulations

    By Nithya Subramanian | 01/07/2024

    While the new rule will go into effect for transactions starting in 2025, non-custodial brokers will be subject to a separate set of regulations.

    image

    AML / KYC

    FATF Adds Monaco, Venezuela to Grey List; Removes Two Others

    By Manesh Samtani | 01/07/2024

    The Plenary also adopted two new country assessments and approved five priorities for the incoming Mexican Presidency.

    image

    Crypto / Digital Assets

    HKMA, BDF To Collaborate on Cross-border CBDC Experiments

    By Sanday Chongo Kabange | 28/06/2024

    The HKMA and BDF will collaborate on cross-border transfers and settlement of tokenised assets.

    image

    AML / KYC

    Taiwanese Singer Facing Prosecution Over JPEX Crypto Fraud

    By Editors | 28/06/2024

    Popular Taiwanese singer Nine Chen reportedly received 320,000 USDT to act as JPEX’s brand ambassador last year.

    image

    Crypto / Digital Assets

    MAS Expands Project Guardian Initiatives to Scale Asset Tokenisation

    By Nithya Subramanian | 28/06/2024

    The financial regulator has also released a whitepaper on the design principles, objectives, considerations and potential uses of Global Layer One Initiative.

    image

    Crypto / Digital Assets

    Thailand SEC to Relax Outsourcing Rules for ICO Portals

    By Editors | 28/06/2024

    The SEC is consulting on amendments that would allow ICO portals to outsource additional business operations beyond what is currently permitted.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team