Enhanced Disclosure Processes Implemented in UK Regulatory Enforcement Following Upper Tribunal Review

by Theresa Joy Lacatan | Nov 13, 2024 | Blog News, Crypto News

On 11 November 2024, the Financial Conduct Authority (FCA) in the United Kingdom announced a series of enhancements to its disclosure processes in regulatory enforcement cases. These changes follow recommendations from the Upper Tribunal in the case of Seiler and...

Operator of Bitcoin Fog Sentenced for Money Laundering in Landmark Cryptocurrency Case

by Theresa Joy Lacatan | Nov 13, 2024 | Blog News, Crypto News

On 8 November 2024, the United States Department of Justice (DOJ) secured a significant sentence in a landmark case against Roman Sterlingov, a dual Russian-Swedish national, who operated Bitcoin Fog, the longest-running cryptocurrency “mixer” on the darknet....

Australian Court Charges Former CEO of AI Marketing Firm Metigy for Investor Misleading and Position Misuse

by Theresa Joy Lacatan | Nov 13, 2024 | AI News, Blog News

On 8 November 2024, David Fairfull, former Chief Executive Officer of the artificial intelligence marketing company Metigy, appeared before the Downing Centre Local Court in Sydney, Australia, to answer allegations of misleading investors and abusing his position as a...

Latest Developments in WazirX Restructuring: Fifth Affidavit Filed in Singapore High Court

by Theresa Joy Lacatan | Nov 8, 2024 | Blog News, Crypto News

On 07 November 2024, Nischal Shetty, Director of Zettai Pte Ltd, filed his fifth affidavit in the General Division of the High Court of the Republic of Singapore. This filing, made in line with the requirements of the ongoing insolvency and restructuring proceedings...

Hong Kong Monetary Authority and Bank of Thailand Launch Collaborative Cross-Border Tokenisation Initiatives

by Theresa Joy Lacatan | Nov 8, 2024 | Blog News, Crypto News

On 28 October 2024, the Hong Kong Monetary Authority and the Bank of Thailand announced a strategic collaboration to advance cross-border tokenisation. This partnership, undertaken within the frameworks of Project Ensemble and Project San, is designed to explore...

Hong Kong Monetary Authority Partners with Banco Central do Brasil on Ground-breaking Cross-Border Tokenisation Initiatives

by Theresa Joy Lacatan | Nov 8, 2024 | Blog News, Crypto News

On 28 October 2024, the Hong Kong Monetary Authority (HKMA) announced a pioneering collaboration with the Banco Central do Brasil (BCB) to drive innovation in cross-border tokenisation. This partnership aims to bridge the digital financial infrastructures of Hong Kong...