Asia-Pacific

Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk

Researchers from South Korea’s central bank say issuing a central bank digital currency (CBDC) could have negative ramifications for the…

South Korea Will Maintain ICO Ban After Finding Token Projects Broke Rules

South Korea’s Financial Services Commission (FSC), the country’s top financial regulator, has said it will not lift the ban on…

Crypto Exchange CEO Sentenced to 3-Year Jail Term for Faking Trading Volume

Two executives from South Korean crypto exchange Komid have been handed down jail time for faking trading volume and deceiving…

New Zealand Police Keeping ‘Open Mind’ on Cryptopia Hack

New Zealand Police has said the investigation into this week’s hack of crypto exchange Cryptopia is complex and it is…

New Zealand Crypto Exchange Cryptopia Goes Offline Citing Hack

New Zealand-based cryptocurrency exchange Cryptopia has gone offline citing a major hack. The exchange announced the news on Twitter this morning,…

Malaysia to Regulate ICOs as Securities Offerings from Tuesday

Malaysia’s securities watchdog will have powers to regulate digital asset offerings and crypto exchanges as of Tuesday. According to a notice from…

Coincheck Wins Crypto Exchange License 12 Months After Major Hack

Japanese crypto exchange Coincheck, which suffered a $530 million hack in January of last year, is now a licensed entity.…

China’s Internet Censor to Start Regulating Blockchain Firms Next Month

China’s internet censorship agency has approved a set of regulations for blockchain service providers in the country that will take…

Two Thirds of Korean Crypto Exchanges Fail Government Security Check

Only a third of cryptocurrency exchanges inspected got a full pass in a recent government security audit. The Ministry of…

Thai Finance Ministry Awards Licenses to 4 Crypto Firms, Rejects 2

Thailand’s Ministry of Finance has granted digital asset business licenses to four crypto firms, while rejecting two other applications. The…

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