FATF Publishes Blacklist of High-Risk Jurisdictions Requiring Enhanced Due Diligence as of 13 June 2025

by Theresa Joy Lacatan | Jul 2, 2025 | Blog News, Crypto News

On 13 June 2025, the Financial Action Task Force (FATF) released its latest update on High-Risk Jurisdictions subject to a Call for Action, commonly referred to as the FATF “blacklist.” This designation identifies countries with serious and ongoing strategic...

Singapore MAS Imposes S$960,000 in Composition Penalties on Five Payment Institutions for AML/CFT Breaches in Q2 2025

by Theresa Joy Lacatan | Jul 2, 2025 | Blog News, Crypto News

On 1 July 2025, the Monetary Authority of Singapore (MAS) released its quarterly update on regulatory and enforcement actions. MAS imposed composition penalties totalling S$960,000 on five regulated entities i.e. Remsea Pte Ltd, Arcade Plaza Traders Pte Ltd, J-Dee...

US CFTC Issues Comprehensive FAQ Guidance on Futures Commission Merchant Registration and Compliance Obligations

by Theresa Joy Lacatan | Jul 2, 2025 | Blog News, Crypto News

On 30 June 2025, the United States Commodity Futures Trading Commission (US CFTC) released a set of Frequently Asked Questions (FAQs) clarifying the registration requirements and ongoing compliance obligations applicable to Futures Commission Merchants (FCMs). Issued...

US CFTC Issues No-Action Letter for MIAX Futures on Derivatives Trading of Wheat Options

by Theresa Joy Lacatan | Jun 30, 2025 | Blog News, Crypto News

On 25 June 2025, the United States Commodity Futures Trading Commission (US CFTC) issued a No-Action Letter (CFTC No-Action Letter No. 25-17) in relation to MIAX Futures Exchange, LLC’s temporary trading of Minneapolis Hard Red Spring Wheat (HRSW) options on futures...

US SEC Reviews NYSE Arca Proposal to List Grayscale Crypto ETF: Amendment Filed to Enable Spot Market Exposure via Digital Large Cap Fund

by Theresa Joy Lacatan | Jun 30, 2025 | Blog News, Crypto News

On 27 June 2025, the United States Securities and Exchange Commission (US SEC) issued Release No. 34-103345 (File No. SR-NYSEARCA-2024-87), inviting public comment on Amendment No. 1 to NYSE Arca’s proposed rule change to list and trade shares of the Grayscale Digital...

SEC Extends Compliance Date for Daily Reserve Computation Rule for Broker-Dealers to 30 June 2026

by Theresa Joy Lacatan | Jun 27, 2025 | Blog News, Crypto News

On 25 June 2025, the US Securities and Exchange Commission (SEC) announced an extension of the compliance date for the amendments to US SEC Rule 15c3-3 (the broker-dealer customer protection rule) titled “Daily Computation of Customer and Broker-Dealer Reserve...