Asia Pacific

Regulation

Korean Government Plans Action Over Risks of Resurgent Crypto Market

With the price of bitcoin surging, the South Korean government has held an inter-agency emergency meeting over the risk for investors.

Policy & regulation  ·  28 May 2019
Regulation

Security Token Platform iSTOX Admitted to Central Bank Sandbox

iSTOX, a Singapore Exchange-backed security token platform, has joined a regulatory sandbox set up by Singapore's central bank.

Policy & regulation  ·  24 May 2019
Japan

Japan Scrutinizing Crypto Exchanges Ahead of G20 Summit

Japan’s financial watchdog is said to be inspecting crypto exchanges over anti-money laundering measures ahead of June's G20 meeting.

Policy & regulation  ·  23 May 2019
Crime

Australian Crypto Scam Reports Rose Almost 200% in 2018

Australia saw a surge in reports of scams involving cryptocurrencies last year, according to the country's consumer watchdog.

Policy & regulation  ·  29 April 2019
Regulation

Indian Government Again Discussing Ban on Cryptocurrencies: Report

The government of India is said to be renewing its efforts to completely outlaw public cryptocurrencies, according to The Economic Times.

Policy & regulation  ·  26 April 2019
Hacking

New Crypto-Mining Malware Targeting Asian Firms With NSA Tools

A new form of malware discovered by Symantec is targeting enterprises using leaked NSA tools to infect networks and mine monero.

Policy & regulation  ·  26 April 2019
Regulation

China’s Foreign Exchange Regulator Piloting Blockchain in Trade Finance

The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.

Policy & regulation  ·  24 April 2019
Exchanges

Crypto Exchanges Huobi and Fisco Investigated by Japan Watchdog: Report

Crypto exchanges Huobi Japan and Fisco were investigated by the country’s Financial Services Agency last week, according to Reuters sources.

Tech  ·  23 April 2019
Exchanges

Hacked Crypto Exchange Zaif Resuming Full Services Under New Owner

Japanese crypto exchange Zaif, which was hacked for $60 million last year, is reinstating all services after being acquired by investment firm Fisco.

Policy & regulation  ·  22 April 2019
Regulation

Crypto Startups Barred from Indian Central Bank Fintech Sandbox

The Reserve Bank of India is setting up a regulatory sandbox for fintech startups – but crypto projects are excluded.

Policy & regulation  ·  18 April 2019
Regulation

China’s New Policy Isn’t An Automatic Bitcoin Mining Ban – Here’s Why

Despite breathless headlines, a recent proposal by China’s economic planners would not automatically ban bitcoin mining.

Policy & regulation  ·  11 April 2019
Crime

Korean Crypto Scam Fleeced Investors for Over $18.5 Million

Police have reportedly used AI to spot a cryptocurrency Ponzi scheme in South Korea that cheated investors out of $18.5 million.

Policy & regulation  ·  8 April 2019
Exchanges

Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job

South Korean crypto exchange Bithumb has had over $13 million in EOS stolen in a hack, but says customer funds are safe.

Policy & regulation  ·  30 March 2019
Exchanges

Former Mt. Gox CEO Mark Karpeles to Appeal Conviction

Mark Karpeles, former CEO of the collapsed bitcoin exchange Mt. Gox, is reportedly to appeal his conviction on data manipulation charges.

Policy & regulation  ·  29 March 2019
Exchanges

E-Commerce Giant Rakuten Wins License for New Crypto Exchange

Japan's Financial Service Agency has licensed a cryptocurrency exchange being rebranded and relaunched by internet giant Rakuten.

Policy & regulation  ·  26 March 2019