United States

Crypto / Digital Assets

Fraud Uncovered in Secondary Market for FTX Debt Claims

By Nithya Subramanian | 21/02/2025

An investigation by Inca Digital revealed that a scam group used fake identities to impersonate claim holders and made away with $5.6mn.

Fintech / Regtech

Switzerland Outlines Regulatory Approach to Artificial Intelligence

By Nithya Subramanian | 20/02/2025

The Federal Council is planning to incorporate the Council of Europe’s Convention on Artificial Intelligence into Swiss law.

AML / KYC

Sri Lanka Appoints Task Force to Oversee AML/CFT Efforts

By Thisanka Siripala | 19/02/2025

The primary objective of the task force is to ensure compliance with the FATF’s 40 recommendations and demonstrate effective implementation across 11 key areas.

Crypto / Digital Assets

Thai Government Plans Launch of First Tokenised Bonds

By Mark Johnston | 18/02/2025

The pilot issuance will allow retail investors to participate in trading tokenised government bonds through securities firms.

ESG / Sustainability

ACMF Starts Work on New Action Plan for ASEAN Capital Markets

By Nithya Subramanian | 17/02/2025

The action plan, to be released by the ASEAN Capital Markets Forum in October 2025, will serve as a five-year roadmap to advance ASEAN capital markets.

Enforcement

Four Arrested in International Operation Against 8Base Ransomware Group

By Thisanka Siripala | 14/02/2025

The international operation involved law enforcement agencies from 14 countries, including the US, UK, Japan, Singapore and Thailand.

Sanctions

US Releases Convicted Former Operator of BTC-e in Prison Swap

By Editors | 14/02/2025

Alexander Vinnik was in US custody awaiting sentencing after pleading guilty last year for conspiracy to commit money laundering.

ESG / Sustainability

US SEC Expected to Roll Back Climate-Related Disclosure Rule

By Nithya Subramanian | 13/02/2025

Acting SEC Chairman Mark Uyeda called it “deeply flawed” and warned that it could inflict “significant harm” on the capital markets and the economy.

ESG / Sustainability

OCC Becomes Latest US Regulator to Withdraw from NGFS

By Thisanka Siripala | 13/02/2025

The OCC’s withdrawal from the NGFS follows similar moves by the US Treasury, Federal Reserve and FDIC.