Research finds large crypto investors sold ahead of large price drops
Regulator says shells face same compliance obligations as other public companies
Sector faces all the risks of traditional finance, amplified by its own inherent vulnerabilities
Report recommends leveraging existing framework to enable crypto to deliver benefits as a payment mechanism
Rule changes would extend advisers' obligations to all client assets
Transition risk, rather than physical risk, will be the focus
Investment activity expected to remain subdued in 2023, KPMG reports
Regulator rejects industry's call for Labour Day 2024 transition
Central bank proposal would disintermediate banks and curb deposit funding
Product shelves, audit response absent from regulatory agenda