The post Crypto Long & Short: Asia’s digital asset crackdown: accountability gets personal appeared on BitcoinEthereumNews.com.

Welcome to our institutional newsletter, Crypto Long & Short. This week: Bob Williams on how stricter crypto regulations in Asia are putting more personal responsibility on senior leaders, making strong governance and D&O insurance essential. The FBI’s Haidy Grigsby on how crypto scams are increasingly targeting experienced investors by building trust and tricking them into making larger deposits until their money is gone. Top headlines institutions should pay attention to by Francisco Rodrigues. Hyperliquid’s TradFi bet is now 40% of its own volume in Chart of the Week. -Alexandra Levis Expert Insights Asia’s digital asset crackdown: accountability gets personal By Bob Williams, FinTech, digital assets, & blockchain advisory leader (Asia/Pacific), Lockton Companies A new wave of digital asset regulations across Asia is increasing pressure on trading platforms and asset managers to strengthen governance — and to reassess their Directors’ and Officers’ (D&O) liability insurance arrangements. In recent months, three leading digital asset hubs — Hong Kong, Singapore and South Korea — have announced plans to refine their respective regulatory frameworks. As regulatory expectations rise and senior management’s personal accountability becomes clearer, platform operators must stay informed of these developments and evaluate whether their existing risk transfer strategies remain fit for purpose. Hong Kong: expanding accountability beyond governance In August 2025, Hong Kong’s Securities and Futures Commission (SFC) issued a circular to licensed virtual asset trading platform operators clarifying senior management’s responsibilities regarding the custody of clients’ virtual assets. The circular reinforces expectations around governance, internal controls and effective oversight, signaling a continual shift toward personal accountability for directors and senior management. An emerging consideration from the SFC’s consultation process is whether virtual asset management service providers should be permitted to rely on non‑SFC‑regulated or offshore custodians. From an insurance perspective, the availability of coverage for virtual asset risks is closely…

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Filed under: News - @ April 9, 2026 2:21 am