ASIC Chair Joe Longo Outlines AI Blueprint for Banking at ABA Conference

by Theresa Joy Lacatan | Aug 25, 2025 | AI News, Blog News

On 23 July 2025, the Australian Securities and Investments Commission (ASIC) Chair Joe Longo delivered a speech at the Australian Banking Association (ABA) Banking Conference in Sydney. The speech, titled “AI: A blueprint for better banking?”, explored how artificial...

Hong Kong SFC Circular on Custody of Virtual Assets for Licensed Trading Platform Operators

by Theresa Joy Lacatan | Aug 20, 2025 | Blog News, Crypto News

On 15 August 2025, the Hong Kong Securities and Futures Commission (HK SFC) issued its Circular to licensed virtual asset trading platform operators on custody of virtual assets. The circular sets minimum custody standards under the Hong Kong Securities and Futures...

Singapore MAS and Brunei BDCB Strengthen Cross-Border Financial Cooperation with MoU on Collateral Framework

by Theresa Joy Lacatan | Aug 20, 2025 | Blog News, Crypto News

On 14 August 2025, the Monetary Authority of Singapore (MAS) and the Brunei Darussalam Central Bank (BDCB) announced their partnership at the fifth BDCB-MAS Bilateral Roundtable in Brunei Darussalam. The meeting reinforced cooperation between the two central banks in...

US SEC Division of Corporation Finance Clarifies Application of United States Securities Laws to Liquid Staking

by Theresa Joy Lacatan | Aug 20, 2025 | Blog News, Crypto News

On 5 August 2025, the United States Securities and Exchange Commission (US SEC) Division of Corporation Finance issued a staff statement addressing the legal status of “Liquid Staking” activities. The statement clarified that Liquid Staking Activities, when conducted...

ASIC Investor Alert: Unlicensed Crypto Futures Offered by Bitget Breach Australian Financial Services Laws

by Theresa Joy Lacatan | Aug 19, 2025 | Blog News, Crypto News

On 28 July 2025, the Australian Securities and Investments Commission (ASIC) issued an investor warning against Bitget and its related entities, BTG Technology Holdings Limited. The regulator stated that Bitget is offering unlicensed crypto asset futures products to...

ASIC Seeks High Court Appeal on Block Earner Crypto Financial Product Ruling

by Theresa Joy Lacatan | Aug 19, 2025 | Blog News, Crypto News

On 21 May 2025, the Australian Securities and Investments Commission (ASIC) announced that it is seeking special leave from the High Court of Australia to appeal the Full Federal Court’s ruling in the Block Earner case. The Full Federal Court had determined that a...