Regulatory Updates
United States Securities and Exchange Commission Extends Order Against Pinnacle Investments for Further Compliance
On 4 November 2024, the United States Securities and Exchange Commission vide its order granted an extension of time for Pinnacle Investments, LLC,...
Hong Kong’s Securities and Futures Commission Hosts Forum to Drive Responsible Adoption of RegTech
On 4 November 2024, the Securities and Futures Commission of Hong Kong concluded its Anti-Money Laundering and Counter-Financing of Terrorism...
Bitcoin Meets the Central Bank: Argentina’s Groundbreaking Exhibit Merges Art and Crypto Mining
On 31 October 2024, the Central Bank of Argentina (BCRA) held an exhibition at its Historical Museum, bridging the worlds of digital assets and...
U.S. Securities and Exchange Commission Orders Comprehensive Compliance and Disclosure Reforms at J.P. Morgan on 31 October 2024
On 31 October 2024, the United States Securities and Exchange Commission issued a set of significant enforcement actions against two of J.P....
Singapore Tightens Grip on Digital Payment Regulation: MAS Leads New Wave of Crypto and Payment Services Reform
On 30 October 2024, the Monetary Authority of Singapore published the National Anti Money Laundering strategy which made waves in the world of...
BIS and Central Banks Showcase Embedded Compliance for Cross-Border Transactions in Project Mandala
On 28 October 2024, the Bank for International Settlements (BIS), in collaboration with central bank partners from Australia, Korea, Malaysia, and...
Hong Kong SFC Reports Major Development in Tokenised Asset Management Pilot within Project Ensemble Sandbox
On 28 October 2024, the Hong Kong Securities and Futures Commission (HK SFC) has announced a development within the Project Ensemble Sandbox, a...
Latvia Fintech Forum 2024: Sector Development and Global Trends to Be Explored in Riga on 5 November 2024
On 23 October 2024, Latvijas Banka announced the upcoming Latvia Fintech Forum 2024, set to take place on 5 November 2024 in Riga. The forum, now in...
US Second Circuit Court Issues Default Notice in SEC vs. Ripple Appeal over Procedural Non-Compliance by Ripple’s Legal Team
On 22 October 2024, the U.S. Court of Appeals for the Second Circuit issued a Default Notice pursuant to its Local Rule 12.3. According to this...
US CFTC Commissioner Pham Announces Global Markets Advisory Committee (GMAC) Meeting on 21 November 2024
On 28 October 2024, US CFTC Commissioner Caroline D. Pham, sponsor of the Global Markets Advisory Committee (GMAC), announced that the committee...
Dr. Eric Yip Unveils Hong Kong’s Vision for a Regulated Virtual Asset Market at FinTech Week 2024
On 28 October 2024, Dr. Eric Yip, Executive Director of Intermediaries at the Securities and Futures Commission (HK SFC) in Hong Kong, in his speech...
MAS Announces 2024 Global FinTech Hackcelerator and FinTech Excellence Awards Finalists
On 28 October 2024, the Monetary Authority of Singapore (MAS) announced the 42 finalists for the 2024 Global FinTech Hackcelerator and the SFF...