Challenger Capital的动态

Hong Kong Ends Public Consultation on Virtual Asset OTC Trading System According to Foresight News, Hong Kong concluded its public consultation on the licensing system for over-the-counter (OTC) providers of virtual assets on April 12. The system only covers a very limited number of cryptocurrencies, including Bitcoin and Ethereum. The Hong Kong Virtual Asset Industry Association has called on the government to exempt USDT and USDC from trading restrictions to avoid significant impact on business development. Some practitioners have expressed concerns that reducing the number of tradable currencies could lead to businesses moving to other regions. They are also worried about the proposed enhanced customer due diligence, which includes a transfer threshold of 8000 Hong Kong dollars, fearing it could lead to customer loss. Additionally, the requirements for appointing a compliance officer and a money laundering reporting officer could pose significant cost pressures for small OTCs. Disclaimer: Includes third-party opinions. No financial advice. #Bitcoin #Ethereum #SEC #ETF #DeFi #Metaverse #crypto #compliance #news #virtualcurrency #law #USA #India #NavExM #NavC

Japan’s Financial Authority to Strengthen Audit Practices in Financial and Crypto Sectors ?? Read All : https://lnkd.in/e6mmcEej Japan’s FSA plans to improve internal audits to match global standards and fix weaknesses in financial oversight. Unregistered crypto exchanges are under scrutiny as the... [...] #JapanFSA #CryptoRegulation #ConsumerProtection #UnregisteredExchanges #AuditReform #Crypto #Legal #NBTC

African Regulators to Follow U.S. Lead on Crypto Regulations, Says Yellow Card CEO ?? Read All : https://lnkd.in/eNrbtPab Chris Maurice, CEO of Yellow Card, believes the emergence of a crypto-friendly government in the U.S. will prompt African regulators to establish rules for the... [...] #CryptoRegulation #AfricaCrypto #DigitalAsset #BlockchainTechnology #TrumpEffect #Crypto #Legal #NBTC

Senator Mike Lee Proposes Legislation to Abolish Federal Reserve According to Odaily, Senator Mike Lee has proposed a bill to abolish the Federal Reserve. This information was initially disclosed on platform X, as reported by Bitcoin Magazine. The details of the proposed legislation are yet to be revealed. The Federal Reserve, the central banking system of the United States, has been a subject of debate and criticism for its role in the country's economic policy. The proposal by Senator Lee marks a significant development in this ongoing discussion. Further information about the proposed bill and its potential implications will be reported as it becomes available. #SEC #ETF #DeFi #Metaverse #crypto #compliance #news #virtualcurrency #law #USA #India?#Tokenization Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.

UK government to introduce legislation on stablecoins, staking: report ?? Read All : https://lnkd.in/et5ShR2b British officials are reportedly working on a plan to regulate stablecoins and exempt staking services, aiming to strengthen the country’s appeal amid U.S. regulatory shifts.... [...] #UKCryptoRegulation #Stablecoins #CryptoStaking #DigitalAssets #FinancialConductAuthority #Crypto #Legal #NBTC

Binance Founder Changpeng Zhao (CZ) Sentenced to 4 Months in Prison Prosecutors accused Zhao of violating the Bank Secrecy Act "on an unprecedented scale" and that Binance under his leadership handled more than 1.5 million transactions worth approximately $900 million related to the financing of terrorism and other illegal transactions and forms of violation American sanctions. As a result, CZ got off with a symbolic sentence, considering that for many years Binance was a big washing machine for laundering?? He agreed to resign from Binance management and paid large fines, but retained the lion's share of his capital. They write that he is now the richest man ever to be imprisoned in an American prison. And some of the conspiracy theories: - CZ wrote the number 4 many times long before the trial, thereby calming FUD. - Binance paid a fine of $4 billion. - CZ was imprisoned for 4 months. - CZ was convicted in the 4th month of the year (April) in 202!4! - We are now in the 4th global crypto cycle. - BNB is in 4th place in terms of capitalization. Call numerologists, astrologers, and tarot readers ??

French Regulators Target Unregistered Crypto ATMs Ahead of MiCA Implementation Deadline ?? Read All : https://lnkd.in/eyvYPSuy French regulators banned unregistered crypto-asset ATMs operating within the country, targeting businesses that provide illegal digital asset services. The French Financial Markets Authority (AMF) collaborated... [...] #CryptoRegulation #AMF #MiCA #CryptoATMBan #DigitalAssetCompliance #Crypto #Legal #NBTC

My colleagues Aziz Rahman, Syed Rahman and I have written one of the expert analysis chapters for the 2025 International Comparative Legal Guides (ICLG) – Business Crime. Our chapter, “The Business Crime Landscape’’, gives a detailed assessment of the UK’s Economic Crime and Corporate Transparency Act 2023, including an analysis of its reform of corporate criminal liability and its introduction of the offence of failure to prevent fraud. It provides an overview of sanctions in the UK, Europe and United States and of evolving areas such as cryptocurrency and Cum-Ex. The chapter also examines bribery, money laundering and tax evasion and explains account freezing and account forfeiture orders, unexplained wealth orders and the use of deferred prosecution agreements. Link to full chapter in comments. #economiccrime #sanctions #cumex #crypto #cryptocurrency #legal #law #lawfirm

https://lnkd.in/d3QXyDu7 Emerging value transfer systems are exploitable for money laundering, sanctions evasion and can serve as surrogate systems to move ‘dollars’ outside of the traditional (and regulated) financial system. For those who don’t understand or believe that digital currency is ‘a thing’, this ‘use case’ in the employment of stable coins to move value for both legitimate and illicit purposes is a textbook example of why we collectively need to understand it.

Hello Singapore! We have just touched down and are ready to delve into the nitty gritty complexities of Singaporean crypto law and policy. Stay tuned for our report! Our findings will include: - Updates on the crypto regulatory landscape, including stablecoins - The key regulators, such as the Monetary Authority of Singapore (MAS) - All the regulations, including the Payment Services Act - AML requirements and expectations - The crypto travel rule, and a whole lot more! Follow us to stay updated with new policies and regulations in Singapore and beyond. #cryptoasia #cryptosingapore #singaporeregulations #cryptoregulations #stablecoins