US Federal Court Orders New York Resident to Pay Over $1.5 Million in Digital Assets Fraud Case

by Theresa Joy Lacatan | Feb 12, 2025 | Blog News, Crypto News

On 10 February 2025, the United States Commodity Futures Trading Commission (US CFTC) announced that the United States District Court for the Eastern District of New York had entered an order dated 16 January 2025, against Rashawn Russell, a New York resident, in a US...

US SEC Grants Temporary Exemption from Rule 13f-2 Compliance and Form SHO Reporting of US Securities Exchange Act

by Theresa Joy Lacatan | Feb 10, 2025 | Blog News, Crypto News

On 07 February 2025, the United States Securities and Exchange Commission (US SEC) issued an order titled Order Granting Temporary Exemption Pursuant to Section 13(f)(3) of the United States Securities Exchange Act of 1934 from Compliance with Rule 13f-2 and Form SHO....

US CFTC to Hold CEO Forum to Discuss Launch of Digital Asset Markets Pilot

by Theresa Joy Lacatan | Feb 10, 2025 | Blog News, Crypto News

On 07 February 2025, the United States Commodity Futures Trading Commission (US CFTC) announced to hold a CEO Forum of industry-leading firms to discuss the launch of US CFTC’S Digital Asset Markets Pilot, which will focus on integrating tokenized non-cash collateral,...

UK FCA Intensifies Crackdown on Misleading Financial Adverts with Crypto Asset, Debt Solutions, and Claims Management Company

by Theresa Joy Lacatan | Feb 10, 2025 | Blog News, Crypto News

On 07 February 2025, the United Kingdom Financial Conduct Authority (UK FCA) published its report detailing its regulatory actions in 2024. The report states that nearly 20,000 financial promotions were withdrawn or amended, marking a 97.5% increase from 2023. The UK...

IMF Explores Tokenisation’s Impact on Financial Market Inefficiencies

by Theresa Joy Lacatan | Feb 7, 2025 | Blog News, Crypto News

The International Monetary Fund (IMF) has released its latest Fintech Note, ‘Tokenization and Financial Market Inefficiencies (Note 2025/001)’, authored by Itai Agur, Germán Villegas-Bauer, Tommaso Mancini-Griffoli, Maria Soledad Martinez Peria, and Brandon Tan. This...

Czech National Bank to Explore Expansion of Investment Portfolio

by Theresa Joy Lacatan | Feb 7, 2025 | Blog News, Crypto News

On 30 January 2025, the Czech National Bank (CNB) held a Bank Board meeting where it reviewed on international reserve management in 2024 and approved a proposal to analyse the potential for investing in additional asset classes. The assessment will consider whether...