Asia Pacific

Regulation

Taiwan Eyes November Deadline for Bitcoin AML Regulation

Taiwan will formally regulate bitcoin under anti-money laundering rules by the end of the year, says its minister of justice.

Policy & regulation  ·  20 April 2018
Regulation

Cloud Giant Xunlei Claims Blockchain Advance With ‘ThunderChain’

China-based cloud network provider Xunlei has launched a blockchain platform, undeterred by ongoing allegations it held an unlawful ICO.

Policy & regulation  ·  20 April 2018
Crime

Bitcoin Pyramid Scheme Amassed $20 Million in South Korea

Two men in South Korea have been sentenced for building a bitcoin pyramid scheme that swindled around $20 million from investors.

Policy & regulation  ·  20 April 2018
Regulation

Korea Moves to Limit Crypto Mining Chip Imports

Cryptocurrency miners in South Korea may soon find it more difficult to get foreign-made mining chips imported to the country.

Policy & regulation  ·  19 April 2018
Regulation

Crypto Fraudsters Face Jail Time, Warns Philippines Securities Regulator

The Philippines SEC has issued a warning to the public to be cautious on 14 cryptocurrency investment schemes in the country.

Policy & regulation  ·  18 April 2018
Regulation

Police Bust Alleged $13 Million Crypto Pyramid Scheme

Police in China have arrested the founders of a claimed cryptocurrency pyramid scheme that amassed $13 million from over 13,000 people.

Policy & regulation  ·  18 April 2018
Regulation

Philippines Lawmaker Urges Senate to Expedite Crypto Crime Bills

A Philippines senator is seeking to speed up the passage of legislation that would increase the penalties for crimes involving cryptocurrencies.

Policy & regulation  ·  17 April 2018
Exchanges

Industry Group to Bring ‘Order’ to Korea’s Crypto Exchanges

A South Korean blockchain industry organization has proposed a self-regulatory framework to set standards for the cryptocurrency exchange industry.

Policy & regulation  ·  17 April 2018
Legal

No Plans for National Cryptocurrency, Bank of Japan Official Says

The Bank of Japan said it has no plan to issue a central bank digital currency due to concerns over financial stability. 

Policy & regulation  ·  17 April 2018
Regulation

‘Downright Fraud’: Hong Kong Securities Watchdog Warns on ICOs

The deputy head of Hong Kong's Securities and Futures Commission has taken a skeptical tone in statements on initial coin offerings.

Policy & regulation  ·  16 April 2018
Regulation

Bitcoin Miner Blames Trading Crackdown in China for Shooting

Toughened bitcoin trading rules in mainland China may have led to a Taiwanese bitcoin miner being shot by gangland investors, a report suggests.

Policy & regulation  ·  16 April 2018
Bitcoin

Bitcoin Thief Could Be Caned for $300K Robbery in Singapore

Two bitcoin brokers in Singapore were assaulted and robbed by nearly $300,000 in cash while meeting with a prospect bitcoin seller offline.

Policy & regulation  ·  13 April 2018
Regulation

Police Abruptly Halt Chinese Blockchain Conference

A blockchain-themed conference in Shanghai was suspended by police on Thursday for so-far unclear reasons.

Policy & regulation  ·  12 April 2018
Exchanges

BitFlyer Exchange Toughens User Verification Amid Watchdog Scrutiny

Japanese cryptocurrency exchange BitFlyer says it will revise its know-your-customer procedures after criticism from a financial regulator.

Policy & regulation  ·  12 April 2018
Regulation

Crypto Tax Support Is Coming Slowly to India

A partnership finds two India-based startups seeking to provide tools to crypto users who may need to report gains and losses on their 2018 taxes.

Policy & regulation  ·  11 April 2018