Category: Asia-Pacific

Police Arrest 8 Over Alleged $68 Million Crypto Pyramid Scheme in Japan

Police in Tokyo have arrested eight men alleged to have run a cryptocurrency pyramid scheme that collected 7.8 billion yen…

Bitmain Denies Reports That CEO Jihan Wu Was Ousted From Its Board

Bitcoin mining giant Bitmain has denied widely circulated reports that its co-CEO, Jihan Wu, has been ousted from the board of…

Korean Lawyers Urge Government to Draw Up Blockchain Rules

The body governing South Korean lawyers has called on the government to hasten the introduction of blockchain regulations. According to…

Chinese School Principals Caught Mining Ethereum At Work

Two principals at a Chinese school got in hot water after stealing power from the institution to mine the ethereum cryptocurrency.…

Hong Kong’s Securities Watchdog to Regulate Crypto Funds

Hong Kong's Securities and Futures Commission (SFC) says it will bring crypto funds under its securities regulations to improve investor…

Indian Officials Met to Discuss Possible Ban on ‘Private Cryptocurrencies’

The Indian government is considering imposing a ban on what it calls "private cryptocurrencies" in the country. At the 19th…

Crypto Wallet Maker Ledger to Expand Support for Stablecoins, Including Tether

Ledger, the hardware cryptocurrency wallet maker, plans to add support soon for more stablecoins, including expanding tether (USDT)'s usability across…

India Supreme Court Seeks Government Opinion on Crypto Within 2 Weeks

The Supreme Court of India has asked the country's government to provide an opinion on cryptocurrencies, amid legal fallout from…

South Korea’s Financial Watchdog Warns Investors Over Crypto Funds

South Korea's Financial Services Commission has warned the public to exercise caution when investing in cryptocurrency funds. The FSC issued…

Japanese Crypto Exchange Group Gets Legal Status to Self-Regulate Industry

The Financial Services Agency (FSA), Japan's finance regulator, has formally approved a cryptocurrency exchange association as a self-regulatory industry body.…

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