Asia Pacific

China

Chinese City Causes Confusion with Digital Asset Exchange Proposal

A city government in China is mulling the creation of a "blockchain digital asset exchange," but no one is quite sure what it means.

Policy & regulation  ·  15 June 2018
Cryptocurrency

Coinrail Exchange Hacked, Loses Possibly $40 Million in Cryptos

South Korea-based Coinrail has not disclosed the exact amount lost in the breach, but data suggests the damage could be $40 million.

Policy & regulation  ·  11 June 2018
Exchanges

Crypto Exchange Bithumb Hit With Bill After Tax Investigation Ends

South Korean cryptocurrency exchange Bithumb has been found not guilty of tax evasion, but now faces a massive tax bill, according to reports.

Policy & regulation  ·  8 June 2018
Regulation

Korean Police Allege Coinone’s Crypto Margin Trading Is Illegal Gambling

A South Korean police department says execs at crypto exchange Coinone will be charged over claims its margin trading service is illegal gambling.

Policy & regulation  ·  7 June 2018
Exchanges

Japan to Deny Crypto Exchange Application in Regulatory First

The Financial Service Agency is reportedly planning to deny a registration application filed by a crypto exchange over KYC failings.

Policy & regulation  ·  6 June 2018
China

Chinese Firm Reportedly Nets $18 Million in ‘Questionable’ Token Sale

Despite China's 2017 ban on ICOs, a Chinese firm still appears to have openly promoted a token sale that reportedly raised $18 million.

Tech  ·  4 June 2018
Regulation

Indonesian Regulator Gives Green Light for Crypto Futures Trading

Indonesia's futures watchdog has reportedly ruled that cryptos are commodities that can be traded on the country's futures exchange. 

Policy & regulation  ·  4 June 2018
Regulation

Stock Trading App Removes Crypto Price Tracking After Debut

A new service for tracking cryptocurrency prices on a popular stock trading app has become unavailable, possibly due to regulatory rumblings.

Policy & regulation  ·  31 May 2018
Hong Kong

Hong Kong Official Rules Out Plan for Central Bank Digital Currency

Hong Kong's de facto central bank has no plan to issue a central bank digital currency (CBDC), a government official said on Wednesday.

Policy & regulation  ·  31 May 2018
Bitcoin

Korea Seizes Bitcoin Worth $1.4 Million Following Supreme Court Ruling

South Korea's Supreme Court ruled Wednesday that cryptocurrencies can be forfeited in criminal cases, allowing the seizure.

Policy & regulation  ·  30 May 2018
Regulation

Indian Telecoms Watchdog to Combat Nuisance Calls with Blockchain

India's telecoms regulator plans to leverage blockchain technology to combat unsolicited phone calls and SMS messages.

Policy & regulation  ·  30 May 2018
Regulation

Korean National Assembly Makes Official Proposal to Lift ICO Ban

South Korea's legislative arm of government is pushing for the removal of the country's ban on domestic initial coin offerings.

Policy & regulation  ·  29 May 2018
Regulation

Chinese Blockchain Event Draws Backlash Over Chairman Mao Stunt

Chinese crypto media firms are boycotting a blockchain event after the organizer used a Chairman Mao impersonator to fire up the audience.

Policy & regulation  ·  28 May 2018
Exchanges

Singapore Warns 8 Exchanges Over Unregistered Securities Trading

Singapore's central bank has warned eight digital token exchanges and an ICO issuer to stop trading tokens deemed unauthorized securities.

Policy & regulation  ·  24 May 2018
Exchanges

Singapore Proposes Regulatory Boost for Decentralized Exchanges

Singapore's central bank is proposing a change to existing exchange market rules aimed to ease blockchain adoption and decentralization.

Policy & regulation  ·  23 May 2018