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…
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…
If $600Million was stolen from a Financial Institution the repercussion would be felt far and wide. The breach occurred on the 23rd March and discovered on the 29th March. I hope that they are able to recover the assets. The…
The G20 came together last weekend and one subject seems to have united them, crypto assets and accepting the recent findings from the FSB report on Assessing the risk to financial stability of crypto assets. With acceptance that current gaps…
This report is an important read. The Financial Stability Board (FSB) published this week its assessment of the risks of crypto assets on financial stability. The FSB is a globally influential body, aiding in the setting of global regulatory standards.…
This is a very informative read on the recent $100Million SEC fine of BlockFi. Highlighting the challenges ahead for the DeFi market place as the SEC move ahead with regulation of the Crypto sector. Will this have an impact on…
Whether it is a tangible or intangible asset the identification of provenance is important. The Cent NFT exchange looks to have halted most transactions citing ‘rampant fakes and plagiarism’ as a fundamental problem. In a market estimated at $25Billion in…
Russia has decided not to ban crypto currencies outright but to adopt a regulatory approach to oversight. Following what appears to be a similar approach to that by the US. As there is a move to regulate crypto exchanges and…
The US DoJ has seized $5billion in crypto. The real interesting point is that the coin was stolen in 2017 at a value of $17million and has appreciated significant (like any investment) over the past 4 years. Assistant Attorney General…
A regulatory foot in the water for the SEC, ATS regulations and block chain based trading platforms? #cryptocurrency‚Â #cryptoregulation‚Â #cryptoassets‚Â #crypto‚Â #nft‚Â #cyberlaw‚Â #regulations‚Â #cryptoregulation #cybersecurity‚Â #cyberriskmanagement‚Â #compliance‚Â #regulatorycompliance‚Â #regulatoryoversight‚Â #regulation‚Â #cbdc‚Â #aml‚Â #kyc View Original Post
