Hong Kong to Require Licenses for Stablecoin Issuers Following Public Consultation
Key Insights Hong Kong regulators conclude public consultation on licensing regime for fiat-referenced stablecoin issuers, with majority support for new…
ESMA: Crypto Staking Services to Require MiCA Authorization, Client Consent
Key Insights ESMA clarifies that while MiCA doesn’t specifically regulate staking, staking services fall under custody service provisions and require…
Former Apple Executive Ordered to Pay $1.1 Million in SEC Insider Trading Case
Key Insights U.S. District Court grants SEC summary judgment against Gene Daniel Levoff, former Apple senior attorney, for insider trading…
Belgium’s FSMA Reports 44% Increase in Investment Fraud Cases in H1 2024
Key Insights FSMA reports a 44% year-on-year increase in consumer reports of unlawful financial activities in H1 2024, with 1,332…
Australian Regulator Alerts Public to NGS Crypto Rebranding Amid Probe into Alleged Misconduct
Key Insights ASIC announces NGS Crypto’s rebranding to Hiddup amid ongoing investigation Regulator investigating potential mishandling of investor funds and…
Paxos Secures MAS Approval for Stablecoin Issuance in Singapore
Key Insights Paxos has received full approval from Singapore’s MAS to offer digital payment token services and issue stablecoins as…
MAS Fines Businessman S$70,000 for Insider Trading in GS Holdings shares
Key Insights Singapore’s Monetary Authority has fined businessman Tay Joo Heng S$70,000 for insider trading in GS Holdings Limited shares.…
Ferratum Australia Hit with A$16 Mln Penalty over Consumer Credit Violations
Key Insights Ferratum Australia Pty Ltd has been ordered by the Federal Court to pay A$16 million in penalties for…
Hong Kong’s SFC Flags Three Crypto Platforms for Deceptive Practices
Key Insights Hong Kong’ SFC warns of three unlicensed virtual asset trading platforms – Tokencan, VBIT Exchange, and HKD.com Corporation…
CySEC Launches MiCA Consultation, Seeks Industry Input
Key Insights CySEC launches public consultation on fees and reporting requirements under EU’s MiCA, with responses due by July 17,…