The new commissioner of Japan’s top financial regulator has spoken of the need for balance when regulating the country’s cryptocurrency industry.
Venues Banned from Hosting Crypto Events in Beijing’s Finance District
Commercial properties in downtown Beijing have been ordered not to provide venues for events that promote cryptocurrency.
Thailand’s Central Bank Is Developing a Digital Currency Based on R3 Tech
The Bank of Thailand is developing its own digital currency, aiming to complete a first proof-of-concept by March 2019.
District Judge Forms Blockchain Law Study Group in South Korea
A group of judges, lawmakers and industry experts in South Korea are forming a new law society to discuss legal issues surrounding blockchain.
SBI Holdings Again Invests in Crypto Exchange Under Scrutiny
SBI Holdings is making a new round of investment in a cryptocurrency exchange that’s under increased scrutiny from the country’s financial regulator.
Police Arrest Hackers Alleged in $87 Million Crypto Theft
Chinese police have arrested three individuals who allegedly stole bitcoins and other cryptocurrencies worth around 600 million yuan, or $87 million.
Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits
Several blockchain associations in South Korea are pushing back against a government proposal they fear will stifle industry innovation.
Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam
A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand.
Thailand’s New ICO Rule Has Already Attracted 20 Crypto Exchanges
A new licensing rule governing initial coin offerings appears to have gained interests from ICO and crypto exchange projects.
Philippines’ Proposed ICO Rules Presume All Tokens Are Securities
The Philippines is close to introducing new regulations governing how companies can legally raise funds through initial coin offerings.
China’s Government Censorship Agency Is Hiring a Crypto Expert
A high-level government media censor in China wants to hire a cryptographer with expertise in blockchain technology.
Crypto Mining CEO Said to Disappear With $35 Million In Funds
Crypto mining firm Sky Mining’s CEO Le Minh Tam has reportedly stolen $35 million from investors and fled to America.
Korean Regulator Urges Haste on Crypto Bill After Exchange Hacks
An executive at the Financial Services Commission has called on politicians to pass a bill regulating cryptocurrency exchanges “as soon as possible.”
Vietnam’s Securities Regulator Warns Industry to Avoid Crypto Activities
Vietnam’s securities regulator has warned industry companies and funds in the country to avoid activities related to cryptocurrencies.
Japanese Crypto Exchanges Push for Limit on Margin Trading Borrowing
A self-regulatory organization formed by crypto exchanges in Japan is proposing a limit on how much investors can borrow when margin trading
Chinese Region to Shut Down ‘Illegal’ Bitcoin Miners By September
China’s Xinjiang autonomous region is set to halt “illegal” bitcoin mining operations by the end of August, a government agency has confirmed.
South Korea’s Finance Watchdog Is Forming a Crypto Division
South Korea’s Financial Services Commission has revealed it is setting up a department dedicated largely to cryptocurrencies and blockchain.
Vietnam Inches Closer to Suspending Imports of Cryptocurrency Miners
The country’s central bank has agreed to a proposed suspension of cryptocurrency miner imports, a local new source reported on Thursday.
South Korea Plans Tax Perks for Blockchain Startups
South Korea is planning to cut tax for companies developing nascent technologies such as blockchain as part of its push for innovation growth.
Chinese Tech Firm Probed Over Launch of Crypto-Mining Video Console
Leshi Internet, a video streaming service with a history of financial issues, is being questioned by a stock exchange over its move into crypto.