Market regulators will address Crypto as a digital asset, alongside traditional financial products. Dean Armstrong QC #crypto #regulation #governance #g7 View Original Post
An interesting analogy, the recent crypto crash resonates with the Credit Derivatives crash. While the global impact is not the same, there are once again lessons to be learnt. Maybe the market regulators were right? If crypto are securities, they…
A really nice speech given by the Chair of the SEC, Gary Gensler to the North American Securities Administrators Association (NASAA) on investor protection in the digital age. Discussing investment bias in analytics, systemic risk concentration and crypto. Reinforcing some…
The Chair of the SEC Gary Gensler this week reaffirmed his view that Crypto assets are securities, and should fall under the purview of the SEC. That has recently bolstered its crypto and cyber team. Ahead of U.S. regulators looking…
The Securities and Exchange Commission (SEC) has settled charges with NVIDA for inadequate disclosure of the impact of crypto mining on the companies gaming business. Citing the failure to provide investors with important information regarding crypto being a material element…
The SEC is growing its cybersecurity and crypto enforcement unit. One wonders if they are gearing up for closer oversight and assurance of both cyber and crypto. Adding 20 new positions to the Cyber Unit. With the two recent SEC…
Indian regulators are taking a descriptive approach to cyber incident reporting. Setting a window of 6 hours to report an incident from when it is detected and defining specific categories of cyber incident that should be reported. The new rules…
He/she who gets there first maybe the first to set the rules and reap the rewards. Crypto is being regulated by financial markets and banks are well versed in financial trading and financial regulation. View Original Post
Last months $615 Million crypto hack has been linked to Lazaruz, the North Korean group. Helping to fund the countries missile program. View Original Post
The US Department of Treasury (DoT) reiterated its policy of paying ransoms to entities, individuals and jurisdictions on OFAC back in October 2021. They have added 100 bitcoin wallets to OFAC as part of Russian sanctions. The global threat of…
