United States

PEPs & Sanctions

Biden Administration Supports Confiscation of Russian Assets – Report

By Editors | 12/01/2024

There have been concerns that the seizure of Russian assets could taint the reputation of the US financial system and spark a flight from the dollar.

PEPs & Sanctions

US Imposes Sanctions Targeting Transfer of DPRK Missiles to Russia

By Editors | 12/01/2024

Three Russian entities, one individual, and four aircraft were designated over the transfer of ballistic missiles to Russia for use against Ukraine.

Anti-Bribery & Corruption

Software Giant SAP to Pay Over $220m to Resolve FCPA Violations

By Editors | 12/01/2024

SAP paid bribes to government officials in South Africa, Indonesia, Malawi, Kenya, Tanzania, Ghana and Azerbaijan.

Cryptocurrency

FINRA Report Describes Crypto-related Compliance Risks

By Mark Johnston | 12/01/2024

FINRA says member firms must notify it if they or their affiliates engage or plan to engage in crypto asset-related activities.

Cryptocurrency

US SEC Approves Rule Changes Permitting Bitcoin ETFs

By Nithya Subramanian | 11/01/2024

The regulator has also announced investor protection requirements, adding that exchanges will have to adhere to rules to prevent fraud and manipulation.

Structural Regulation

Teething Issues: OTC Derivatives Reporting Rewrites in APAC

By Manesh Samtani | 10/01/2024

The more challenging aspects of implementation involve jurisdiction-specific data fields, the UTI waterfall, UTI generation, and ISO 20022.

Cybersecurity

US SEC to Investigate False Tweet on Bitcoin ETF Approvals

By Mark Johnston | 09/01/2024

US SEC claims official X account was hacked, posting a false tweet about approving bitcoin ETFs, causing a brief surge and crash in bitcoin price.

Custody & Infrastructure

Thai SEC Proposes Changes to Digital Assets Licensing Process

By Editors | 09/01/2024

The SEC said the changes will enhance the efficiency of the licensing process and ensure greater clarity and appropriateness of the regulatory framework.

DeFi & Web3

CFTC Offers Policy Recommendations to Address DeFi Risks

By Manesh Samtani | 09/01/2024

The report calls on the government and industry to work together to better understand DeFi and “advance its responsible and compliant development”.