Asia Pacific

Regulation

Australia Officially Ends Double Bitcoin Tax

From July 2018, Australians will no longer have to pay GST on their cryptocurrency purchases, following the passing of new legislation today.

Policy & regulation  ·  19 October 2017
Regulation

Australian Senate Panel Throws Support Behind Crypto Exchange Bill

Australia is moving ahead with plans to pass new regulations for the country's cryptocurrency exchange space.

Policy & regulation  ·  18 October 2017
Payments

IBM’s Stellar Move: Tech Giant Uses Cryptocurrency in Cross-Border Payments

IBM has been settling real cross-border payments in the South Pacific on a blockchain using Stellar's Lumen cryptocurrency.

Business  ·  16 October 2017
Japan

No More Nuclear: Japan’s Biggest Utility Turns to Blockchain in Power Pivot

Inside Japan's largest energy firm, one man is looking to blockchain to decrease the country's reliance on nuclear – and prevent another disaster.

Business  ·  10 October 2017
Regulation

Singapore’s Central Bank Plans to Regulate Bitcoin Payments

The minister for the Monetary Authority of Singapore has said the institution is working to create a regulatory framework for cryptocurrency payments.

Policy & regulation  ·  6 October 2017
Regulation

Malaysia’s Central Bank Is Considering a Cryptocurrency Ban

The governor of Malaysia's central bank reportedly revealed plans for a possible cryptocurrency ban when discussing upcoming regulation yesterday.

Policy & regulation  ·  5 October 2017
Exchanges

China State News Calls for ‘Iron Fist’ Regulation of Bitcoin Exchanges

China's Xinhua News Agency has defended regulators' recent decision to outlaw token sales and the exchange closures that followed.

Policy & regulation  ·  4 October 2017
Singapore

Singapore Regulator Teams With Asian Banks for Blockchain KYC Trial

Three major Asian banks and a regulator in Singapore have teamed up for a new blockchain trial focused on customer identification.

Tech  ·  3 October 2017
China

PBoC Advisor: ‘China Was Right to Ban ICOs’

An advisor to China's central bank argued in a new op-ed that a recent move to crack down on initial coin offerings was the right course to take.

Policy & regulation  ·  2 October 2017
Exchanges

Bitcoin Exchange BTCC Brings Chinese Trading to a Close

BTCC, an international cryptocurrency exchange with headquarters in China, has announced it has ceased all domestic trading activities.

Policy & regulation  ·  2 October 2017
Hacking

Police Confirm North Korean Connection in Bitcoin Exchange Phishing

Law enforcement officials have confirmed that hackers from North Korea sought to steal bitcoins from exchanges in South Korea.

Policy & regulation  ·  2 October 2017
Exchanges

Japan Issues Licenses for 11 Bitcoin Exchanges

Japan's Financial Services Agency has issued operating licenses to 11 bitcoin exchanges, the regulator announced today.

Policy & regulation  ·  29 September 2017
Regulation

South Korean Regulator Issues ICO Ban

South Korea’s financial regulator has prohibited blockchain token sales today, as well as ordering a halt to cryptocurrency margin trading.

Policy & regulation  ·  29 September 2017
Regulation

Macau Finance Regulator Bars Banks from ICO Market

Macau's financial regulator has ordered all banks and payment services in the region to not provide services for initial coin offerings.

Policy & regulation  ·  27 September 2017
Regulation

Bitcoin Businesses Face Bank Account Closures in Singapore

Banks in Singapore have closed the accounts of a number of cryptocurrency firms without expanation, according to a news report.

Policy & regulation  ·  26 September 2017