The United States (“US”) government has continued its drive to regulate virtual currencies through the first half of 2019. Its chief tools have been: the introduction of new FinCEN guidance; and sanctions and enforcement action targeting foreign financial institutions...
For those who watched the team selection day for the NBA 2K league, you may have been forgiven for being confused. The selected ‘athletes’ were not the giants of the basketball court that we are used to associating with the NBA. But have no doubt, these guys can slam...
A recent statement from the Insurance Authority’s (“IA”) CEO Mr Clement Cheung indicated that the IA is set to approve its first authorised insurer licence under the “fast track” system. Approval is expected by the end of the year. In this post, we recap what the...
The United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has, for the first time, listed two Bitcoin addresses (“Addresses”) as identifiers on its Specially Designated and Blocked Persons (“SDN”) list. The Addresses are associated with...