United States

    Crypto / Digital Assets

    US Court Allows Voyager Digital to Return Cash to Customers

    By Editors | 07/08/2022

    Regulators have separately ordered the crypto brokerage to “immediately remove” false statements it made that suggested it was FDIC-insured.

    Enforcement

    OFAC Investigating Kraken for Alleged Sanctions Violations

    By Editors | 07/08/2022

    Kraken is suspected of allowing Iranian users to utilise Kraken’s services, in violation of federal sanctions.

    Crypto / Digital Assets

    SEC Thailand Grants New Licences to Four Crypto Firms

    By Editors | 07/08/2022

    The approvals come as the SEC continues to investigate Zipmex, which operates in Thailand, Singapore, Indonesia and Australia.

    Crypto / Digital Assets

    Senate Bill Would Grant CFTC Authority Over Bitcoin, Ether

    By Manesh Samtani | 05/08/2022

    The bill would amend the Commodity Exchange Act to include a new commodity category called “digital commodities” that includes Bitcoin and Ether.

    AML / KYC

    New York State Regulator Penalises Robinhood Crypto Unit

    By Editors | 04/08/2022

    Robinhood Crypto had inadequate staffing of its AML programme, transaction monitoring deficiencies, and noncompliant cybersecurity policies.

    AML / KYC

    US SEC Charges 11 Over Crypto Pyramid and Ponzi Scheme

    By Editors | 04/08/2022

    Forsage investors earned profits by recruiting others into the scheme, which used assets from new investors to pay earlier investors.

    AML / KYC

    China Responds to US ‘Treachery’ With Taiwan Trade Curbs

    By Editors | 04/08/2022

    China has banned imports of citrus fruit, two types of fish, and food items from 107 Taiwanese brands. Exports of natural sand to Taiwan are banned.

    Securities / Derivatives

    Thai SEC Proposes Rules to Prevent Misuse of IPO Channel

    By Sanday Chongo Kabange | 03/08/2022

    The amendments will prevent listed companies from operating as investment companies and circumventing rules applicable to fund managers.

    Securities / Derivatives

    US SEC Adds Alibaba to List of Firms Facing Delisting Threat

    By Manesh Samtani | 03/08/2022

    Chinese regulators have tried to mollify US regulators, but the PCAOB says it will accept nothing less than “full access” to the audit papers of US-listed Chinese companies.

    AML / KYC

    US Imposes New Round of Sanctions Against Russia

    By Editors | 03/08/2022

    The sanctions target Kremlin-connected elites, including retired Olympic gymnast Alina Kabaeva, who is understood to be Putin’s girlfriend.

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