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Crypto / Digital Assets
Inclusion of DTI in Reporting a ‘Milestone’ for Transparency: DTIF
By Editors | 04/05/2024
The introduction of the Digital Token Identifier as an underlier to the UPI and OTC ISIN will bring greater transparency to the crypto derivatives market.
AML / KYC
Tether to Start Monitoring Secondary Market for USDT
By Editors | 04/05/2024
Through a partnership with Chainalysis, Tether will provide sanctions monitoring, an illicit transfers detection tool, and analysis on major USDT holders.
AML / KYC
Australia: Scam Losses Fall for the First Time in Six Years
By Manesh Samtani | 03/05/2024
In its latest report on annual scam activity, the ACCC highlighted government and industry initiatives that led to lower scam losses in 2023.
Enforcement
Australian Court Rules in ASIC’s Favour in ‘Qoin Wallet’ Case
By Editors | 03/05/2024
The ruling is the first court outcome against a non-cash payment facility involving crypto, ASIC’s Joe Longo noted.
Sanctions
US Senators Raise Concerns Over Iran’s Crypto Mining
By Editors | 03/05/2024
A letter from two US senators asks government officials about the steps being taken to address Iranian crypto mining and sanctions evasion.
Crypto / Digital Assets
Capital Markets Regulators Committed to Innovating With Tokenisation
By Nithya Subramanian | 02/05/2024
The UK FCA’s Rupert Harrison and Thai SEC’s Kris Tontipiromya discussed their tokenisation work at the recent Digital Assets Asia 2024.
AML / KYC
Australia Opens 2nd Consultation on ‘Tranche 2’ AML Reforms
By Manesh Samtani | 02/05/2024
The proposed reforms will extend the AML/CTF regime to cover Tranche 2 entities and a broader range of digital currency-related services.
Crypto / Digital Assets
India Collaborates with US FBI on Crypto Scam Case
By Ajoy K Das | 01/05/2024
The joint operation uncovered a $360mn scam involving drug trafficking, crypto payments and the dark web.
AML / KYC
US Court Sentences Binance Founder to Four Months Jail
By Editors | 01/05/2024
The sentence was below the three years requested by prosecutors and the 18 month maximum recommended under federal guidelines.
Crypto / Digital Assets
Russia to Tighten Regulations for Crypto Mining Operations
By Editors | 01/05/2024
Earlier it was reported that Russia was planning to ban private cryptocurrencies outright, but a lawmaker has dispelled this notion.
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