Asia Pacific

Bitcoin

South Korea: Cryptos Mixed up in $600 Million Illegal Forex Trade

The South Korea government is investigating the use of cryptocurrency in illegal foreign currency exchange, according to a statement.

Policy & regulation  ·  31 January 2018
Regulation

Hong Kong to Educate Public on Crypto and ICOs

Hong Kong authorities have launched a public education campaign on the risks associated with ICO and cryptocurrency investment.

Policy & regulation  ·  30 January 2018
Regulation

Philippines SEC Plans to Regulate Cryptocurrencies, ICOs

The Philippines’ Securities and Exchange Commission has said that it is developing rules around crypto trading to curb the risk of fraud.

Policy & regulation  ·  29 January 2018
Exchanges

Coincheck Must Report on Security Failures, Says Finance Watchdog

Following last week's huge hack, Japan's Financial Services Agency has said Coincheck must report on the issues and its plan for improvements.

Policy & regulation  ·  29 January 2018
Exchanges

Coincheck Confirms Crypto Hack Loss Larger than Mt Gox

Japanese exchange Coincheck has confirmed that about $533 million-worth of cryptocurrency has been stolen from its digital wallets.

Policy & regulation  ·  26 January 2018
Regulation

Chinese Finance Association Cautions on Overseas ICOs

China's National Internet Finance Association, a self-regulatory group, has warned against participating in overseas ICOs and cryptocurrency trading.

Policy & regulation  ·  26 January 2018
Bitcoin

Bitcoin Won’t Cause Lehman-Style Meltdown, Says MAS Fintech Chief

The fintech chief at the Monetary Authority of Singapore believes bitcoin won't cause a financial meltdown like the 2008 Lehman Brothers bankruptcy.

Policy & regulation  ·  25 January 2018
Exchanges

South Korea Fines Crypto Exchanges for Privacy Failures

South Korea's Communications Commission has issued fines totaling $130,000 to eight cryptocurrency exchanges over insufficient user data protection.

Policy & regulation  ·  24 January 2018
China

China’s Banking Regulator Pushes Blockchain Adoption for Credit Market

China's banking regulator, the CBRC, thinks the country should double down on its adoption on blockchain technology to improve the credit market.

Policy & regulation  ·  23 January 2018
Exchanges

South Korea Reveals Deadline for Anonymous Crypto Trading Halt

South Korea's financial watchdog has set a date for the introduction of a new rule barring anonymous virtual cryptocurrency trading accounts.

Policy & regulation  ·  23 January 2018
Exchanges

Korean Crypto Exchange Korbit Halting Deposits from Non-Citizens

South Korea's Korbit exchange has informed users that non-citizens will soon not be able to deposit Korean won for trading.

Policy & regulation  ·  22 January 2018
Regulation

PBoC Reportedly Orders Payment Services to Stop Serving Crypto Traders

The PBoC's Beijing division has reportedly issued a document requiring payment services to stop facilitating crypto trading activities.

Policy & regulation  ·  19 January 2018
Regulation

Korean Regulator Investigating Staff Insider Trading of Cryptocurrencies

A Korean financial regulator has reportedly indicated it is investigating possible insider trading of cryptocurrencies by its own staff.

Policy & regulation  ·  18 January 2018
Regulation

PBoC Official Calls for Wider Ban on Chinese Crypto Trading: Report

The vice governor of China's central bank is reportedly seeking a wider ban on services related to cryptocurrency trading in the country.

Policy & regulation  ·  16 January 2018
Regulation

South Korean Cryptocurrency Investors Face Fines for Anonymous Accounts

South Korean authorities have reportedly said that cryptocurrency investors must attach their IDs to anonymous virtual accounts or face penalties.

Policy & regulation  ·  15 January 2018