Regulatory Updates
Singapore Government publishes Reply to Parliamentary Questions: Tightens Regulations on Crypto Payments, Bans Credit Card Transactions for Digital Tokens
On 5 March 2025, the Monetary Authority of Singapore (MAS) published an Oral Reply to Parliamentary Question on the tightening of regulations for...
HKMA Announces Hong Kong Green Week 2025, to Encourage Sustainability in Asia
On 3 March 2025, the Hong Kong Monetary Authority (HKMA) announced that Hong Kong will host the second Hong Kong Green Week 2025 from 8 to 12...
US SEC Initiates Proceedings to Determine Approval of Bitwise 10 Crypto Index Fund Listing on NYSE Arca
On 3 March 2025 , the United States Securities and Exchange Commission (US SEC) announced the initiation of proceedings to determine whether to...
US SEC Considers Nasdaq Rule Change to List and Trade Commodity- and Digital Asset-Based Investment Interests
On 3 March 2025, the United States Securities and Exchange Commission (US SEC) published a notice regarding a proposed rule change submitted by The...
United States SEC Crypto Task Force to Host Public Roundtable on Security Status of Crypto Assets
On 3 March 2025, the United States Securities and Exchange Commission (US SEC), the federal agency responsible for regulating securities markets,...
United States SEC Establishes Crypto Task Force Under Commissioner Hester Peirce
On 3 March 2025, the United States Securities and Exchange Commission (US SEC), announced the formation of a United States Crypto Task Force. The...
United States SEC Commissioner Caroline Crenshaw Criticises Division of Corporation Finance’s Statement on Meme Coins
On 27 February 2025, United States Securities and Exchange Commission (US SEC) Commissioner Caroline Anne Crenshaw issued a response statement to...
US SEC Division of Corporation Finance Issues Staff Statement on Meme Coins
On 27 February 2025, the United States Securities and Exchange Commission (US SEC, issued a Staff Statement on Meme Coins through its Division of...
UK Court Sentences Olumide Osunkoya to Four Years for Illegal Crypto ATM Operations
On 28 February 2025, the United Kingdom’s Financial Conduct Authority (UK FCA) announced that Olumide Osunkoya, 46, had been sentenced to four years...
US SEC Dismisses Civil Enforcement Action Against Coinbase Amid Crypto Regulatory Shift
On 27 February 2025, the United States Securities and Exchange Commission (SEC) published Joint Stipulation to Dismiss, and Release to dismiss its...
UK FCA Confirms September 2027 Trial for £64 Million WealthTek Fraud and Money Laundering Case
On 25 February 2025, the United Kingdom Financial Conduct Authority (UK FCA) announced that the criminal trial of John Dance, the former principal...
ASIC Releases Discussion Paper on Australia’s Evolving Capital Markets: Regulatory Challenges and Investment Trends
On 26 February 2025, the Australian Securities and Investments Commission (ASIC) published a discussion paper titled Australia’s Evolving Capital Markets: A Discussion Paper on the Dynamics Between Public and Private Markets. The document examines trends in Australia’s capital markets, discussing the increasing shift from public to private market investments and the potential implications for investors, financial institutions, and regulatory frameworks. ASIC is seeking stakeholder feedback on whether current regulations adequately support both market structures and what reforms may be necessary to ensure market efficiency, transparency, and investor protection. ASIC has set a deadline of 28 April 2025 for responses, to gather actionable recommendations to inform future regulatory adjustments and enhance the efficiency and integrity of Australia’s capital markets.