Asia's Digital Asset Crackdown: Personal Accountability on the Rise

Welcome to Crypto Long & Short, our institutional newsletter. This week, we explore the impact of Asia's evolving digital asset regulations on trading platforms and asset managers, and examine how crypto scams are deceiving seasoned investors. A wave of new regulations in Hong Kong, Singapore, and South Korea is heightening personal accountability for senior leaders, making robust governance and D&O insurance essential. Meanwhile, crypto scams are becoming more sophisticated, using tactics like 'pig butchering' to build trust with experienced investors, including retired professionals, before deceiving them into making larger deposits.