VC Trade, the crypto exchange launched by SBI Holdings, is integrating new tech to help it comply with new international KYC standards.
South Korean Watchdog Plans Direct Supervision of Crypto Exchanges
A South Korean financial watchdog under the Financial Services Commission aims to more closely supervise exchanges in line with FATF standards.
North Korea Stole $2 Billion in Crypto and Fiat to Fund Weapons Programs
North Korea is funding its weapons of mass destruction via hacks of banks and crypto exchanges, says a confidential U.N. report.
Thailand to Bring Cryptocurrency Under Anti-Money Laundering Rules
Thailand’s anti-money laundering regulator is planning to amend the country’s laws to mandate reporting by cryptocurrency exchanges.
Cryptocurrency in China: Over the Counter, Under the Table
Primitive Ventures partner Dovey Wan breaks down the crypto situation as it stands in China today.
Circle Moves Exchange Operations Offshore With New Bermuda Office
Circle is moving the majority of its Poloniex exchange operations offshore, citing a “lack of regulatory frameworks” in the U.S.
South Korea Estimates 2-Year Losses from Crypto Crimes at $2.3 Billion
Nearly 2.7 trillion won (US$2.3 billion) have been lost to cryptocurrency crimes in the last two years, not including exchange hacks.
Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting
Japan has set up a working group to examine the issues raised by Facebook’s Libra cryptocurrency project ahead of a G7 meeting this week.
Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing
After a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it’s discovered that another $2.3 million is missing.
China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief
China should revamp its plan for a national digital currency in the face of Facebook’s Libra cryptocurrency, says the central bank’s former head.
Facebook Says It Won’t Launch Crypto in India Due to Regulatory Issues
Facebook reportedly said that current regulatory restrictions mean it has “no plans” to launch its digital wallet service and crypto in India.
Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official
China’s central bank could hasten development of its digital yuan to counter the threat posed by Facebook’s Libra cryptocurrency, an official says.
Korean Watchdog Warns of Financial Stability Risk From Facebook’s Libra
Facebook’s Libra cryptocurrency project threatens the stability of financial systems, according to South Korea’s Financial Services Commission.
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.
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.
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.
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.
What Indonesia Reveals About Facebook’s Libra Plan
Facebook’s omnipresence in Indonesia raises questions about how Libra will impact retail users.
Japan Watchdog Orders Improvements After Fisco Crypto Exchange ‘Violations’
Fisco, owner of the Zaif crypto exchange, is being forced to upgrade its management systems after an investigation by Japan’s financial watchdog.
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.