Category: Compliance

Best practices for digital asset v/s tokenized funds in Hong Kong. 2 case studies for each type of funds are explained. • Digital asset (DA) funds directly invest in digital assets like Bitcoin, ether and other crypto, to provide exposure using traditional ownership and off-chain methods. Best practice #1: API driven automated reconciliation.Best practice #2: Read more

Understanding the EU’s “Reverse Solicitation” rule for crypto services. What is Markets in Crypto-Assets Regulation (MiCAR)? → a landmark piece of legislation that creates a harmonized set of rules for crypto in the EU, fully operational from December 30, 2024. What is the general rule? → a firm must be officially authorized and have a registered office Read more

The latest Thematic Peer Review (as of August 2025) signals that despite the 2023 framework, the global regulatory landscape remains fragmented. Key findings for the compliance sector: – GSC Lag: While general crypto-asset oversight has advanced, regulation for global stablecoin arrangements (GSCs) is still behind. – Alignment Deficit: Even jurisdictions with “finalized” frameworks lack full Read more

Kenya passed the Virtual Asset Service Providers (VASP) Act, 2025, here’s are key compliances to follow: 1. Mandatory Licensing from:– The Central Bank of Kenya (CBK) or– The Capital Markets Authority (CMA),depending on type of virtual asset activity (refer page 39 of pdf attached) 2. License renewals:– Validity ends on 31st december each year. Hence, Read more

Coinbase’s response to the US Treasury on the GENIUS Act is worth noting. Coinbase is a large DASP (digital asset service provider). They argue this definition (Q4) should only apply to actual financial middlemen doing financial intermediation. If you are only running core software or a blockchain validator, you shouldn’t be included. They also point Read more

A new controversy in stablecoins has arisen, Beijing v/s Chinese tech giants! Chinese regulators, has reportedly instructed to pause⚠️ the stablecoin plans, (regulators include People’s Bank of China (PBOC) and Cyberspace Administration of China (CAC)) As we know earlier during this year, In May, the Hong Kong’s legislature passed a stablecoin licensing regime. In June, Ant Read more

The U.S. Treasury has extended deadline for public comments for the GENIUS Act to November 4, 2025. The Treasury issued an Advanced Notice of Proposed Rulemaking (ANPR) an early-stage rulemaking step that will require Treasury to issue a subsequent proposal to seek additional public input before any regulations may be finalized, requesting public comment regarding its Read more

A decade ago, a bitcoin miner was turned away by 6 CPAs.Back then, crypto was “too new, too risky, too unregulated.” Fast forward to today, high-net-worth crypto investors still:– face IRS audits,– delinquent filings,– have old data missing across multiple wallets and exchanges. But why do most CPA firms fail or turn away? Major problems,• Read more