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Crypto / Digital Assets
Japan Regulator Issues Orders Against Crypto Firm CoinBest
By Editors | 15/06/2024
CoinBest’s IEO operations are suspended and the company is required to make improvements to its management, internal control and AML/CFT systems.
Crypto / Digital Assets
UPDATED – ASX to List First Bitcoin ETF, Joining Cboe Australia
By Editors | 14/06/2024
APAC CEO Arian Neiron said VanEck recognised bitcoin as an emerging asset class that “many advisers and investors want to access”.
Crypto / Digital Assets
Ghana, MAS Complete Cross-border Trade PoC Using CBDC
By Nithya Subramanian | 14/06/2024
Project DESFT demonstrated that the eCedi can facilitate the participation of MSMEs in international trade.
Crypto / Digital Assets
Taiwan Crypto Industry Launches New “VASP Association”
By Editors | 14/06/2024
The VASP Association is charged with developing self-regulatory guidelines and best practices for the crypto industry.
Crypto / Digital Assets
Terraform, Do Kwon Agree $4.6b Settlement With US SEC
By Editors | 13/06/2024
The settlement comes after a New York jury in April found Terraform Labs and Do Kwon liable on civil fraud charges.
Fintech / Regtech
Benefits of Tokenisation Are “Overexaggerated”: WFE Paper
By Nithya Subramanian | 13/06/2024
The WFE says tokenisation work should continue, but that some of the benefits claimed are “overexaggerated”.
Crypto / Digital Assets
Thailand Revokes Crypto Licence Due to Regulatory Failures
By Nithya Subramanian | 12/06/2024
The SEC said the Minister of Finance has agreed to revoke Zipmex’s digital asset business licence to prevent damage to customers.
Crypto / Digital Assets
Australia Bans Use of Crypto, Credit for Online Gambling
By Editors | 12/06/2024
Cryptocurrencies, credit cards, and other new forms of credit cannot be used as payment methods for online gambling.
Crypto / Digital Assets
FSC Korea to Establish Dedicated Virtual Assets Division
By Editors | 12/06/2024
The new division is being created as a temporary organisation to establish an effective disciplinary system for the virtual asset market.
Crypto / Digital Assets
FSS Korea Hosts First Industry Workshop on New Crypto Law
By Manesh Samtani | 11/06/2024
The workshop, and future workshops, are intended to ensure the “smooth implementation” of the Virtual Asset User Protection Act in July.
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