Crypto Monthly Update – May 18, 2022

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Course Duration: 18 minutes
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Fintelekt Academy presents the May 2022 Crypto Monthly Update by Calvin Koo, Cross-Border Disputes and Investigations Lawyer from Kobre & Kim LLP.

In this episode, Calvin covers the risks associated with Stablecoins and the viewpoints of various regulators on it, a round-up of crypto-related enforcement and legal news and much more!

Key issues featured in this update:

  • FATF’s Report on Stablecoins
  • Hong Kong Monetary Authority’s paper on Stablecoins
  • Dip in the cryptocurrency market
  • US Securities and Exchange Commission’s view on protecting investors in the crypto markets
  • US$182 million stolen from hack of Beanstalk
  • Laundering of funds stolen from the Axie Infinity hack
  • OFAC includes mixer services into their sanctions list
  • Central African Republic makes bitcoin legal tender

Tune in to listen to the entire episode.

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