Asia Pacific

Regulation

South Korea’s Shinhan Bank Is Cracking Down Harder on Anonymous Crypto Users

The bank plans to make it even harder to create anonymous crypto exchange accounts in South Korea.

Policy & regulation  ·  4 July 2019
Japan

Now Japanese Regulators Are Getting Anxious About Facebook’s Cryptocurrency

Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency.

Policy & regulation  ·  3 July 2019
Regulation

Singapore’s Central Bank Wants More Information on Facebook’s Libra Crypto

The Monetary Authority of Singapore reportedly has concerns over Facebook's recently unveiled cryptocurrency project, Libra.

Policy & regulation  ·  27 June 2019
Exchanges

Another Indian Crypto Exchange Shuts Down Blaming Banking Ban

Regulatory uncertainty ushered in by India's central bank appears to have brought about the demise of the cryptocurrency exchange Koinex.

Policy & regulation  ·  27 June 2019
Exchanges

Singapore Exchange Bitrue Hacked for Over $4 Million in Crypto

Bitrue was hacked early Thursday morning for over $4 million in XRP and cardano. Users who experienced losses will be refunded, it says.

Policy & regulation  ·  27 June 2019
Facebook

What Indonesia Reveals About Facebook’s Cryptocurrency Ambitions

Facebook’s omnipresence in Indonesia raises questions about how Libra will impact retail users.

Business  ·  26 June 2019
Exchanges

Japan Watchdog Charges Zaif Crypto Exchange Owner with ‘Legal Violations’

Fisco, owner of the Zaif crypto exchange, is being forced to upgrade its management systems after an investigation by Japan’s financial watchdog.

Policy & regulation  ·  21 June 2019
Exchanges

Russian Hackers May Have Carried Out Largest Ever Crypto Exchange Theft

Russian hackers, not North Korean, may be the bad actors behind probably the biggest ever theft from a cryptocurrency exchange.

Policy & regulation  ·  17 June 2019
Exchanges

Korean Crypto Exchanges Update Terms to Accept Liability for Hacks

Five South Korean crypto exchanges have been forced to update their terms and conditions to accept liability for potential hacks and service issues.

Policy & regulation  ·  17 June 2019
Regulation

Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use

The Bangko Sentral ng Pilipinas will continue to regulate cryptocurrency use in the country, senior officials have said.

Policy & regulation  ·  11 June 2019
China

NEO Releases Detailed Financials Ahead of Cryptocurrency Relaunch

Many of the companies associated with NEO have proven to be a lucrative boon for token cofounders Erik Zhang and Da Hongfei.

Business  ·  7 June 2019
Japan

Japan’s Crypto Traders May Face Closer Scrutiny Over Tax Avoidance

Japanese tax authorities are said to be planning to take action on the under-reporting of cryptocurrency-based profits.

Policy & regulation  ·  5 June 2019
Crime

BitConnect Promoter Wanted Over Another Alleged Crypto Scam

A promoter of the now-shuttered crypto fraud BitConnect has again been charged over a different claimed cryptocurrency scam.

Policy & regulation  ·  4 June 2019
Regulation

China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants

Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.

Policy & regulation  ·  30 May 2019
Exchanges

Rakuten Brings in Compliance Partner for New Crypto Exchange

E-commerce giant Rakuten has partnered with blockchain analytics firm CipherTrace to ensure AML compliance for its soon-to-launch exchange platform.

Policy & regulation  ·  29 May 2019