A Bank of Korea study concluded that a central bank digital currency could adversely affect commercial banks and ultimately financial stability.
Korean Central Bank Study: Issuing Digital Currency Poses Financial Risk
South Korea Will Maintain ICO Ban After Finding Token Projects Broke Rules
South Korea has decided not to lift its ban on domestic initial coin offerings after a watchdog’s survey found projects have been violating rules.
Crypto Exchange CEO Sentenced to 3-Year Jail Term for Faking Trading Volume
Two execs from South Korean crypto exchange Komid have been given jail time for faking trading volume and deceiving investors.
New Zealand Police Keeping ‘Open Mind’ on Cryptopia Hack
New Zealand Police says the investigation into the hack of crypto exchange Cryptopia is complex and it’s keeping an “open mind” on all possibilities.
New Zealand Crypto Exchange Cryptopia Goes Offline Citing Hack
New Zealand-based cryptocurrency exchange Cryptopia has gone offline claiming “significant” losses arising from a hack.
Malaysia to Regulate ICOs as Securities Offerings from Tuesday
Malaysia’s securities watchdog will have powers to regulate digital asset offerings and crypto exchanges from tomorrow.
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 is bringing in regulations for blockchain service providers in the country.
Two Thirds of Korean Crypto Exchanges Fail Government Security Check
Only seven out of 21 South Korean cryptocurrency exchanges got a full pass in a recent government security audit.
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 others.
Japan Eyes Regulation of Unregistered Crypto Investment Schemes
Japan’s financial regulator is reportedly looking to close a loophole that lets unregistered investment firms solicit funds in cryptocurrencies.
Japan’s Financial Regulator May Green Light Crypto ETFs: Report
Japan’s Financial Services Agency is considering the approval of crypto exchange-traded funds (ETFs), according to a Bloomberg source.
Former Mt Gox CEO Mark Karpeles Claims Innocence as Trial Nears End
In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, said he did not embezzle funds.
India May Legalize Cryptos But Under ‘Strong’ Rules: Report
The Indian government could possibly legalize cryptocurrencies, but with tough terms and conditions attached, a news report suggests.
Executives at Korean Crypto Exchange UPbit Indicted for Fraud
Three executives of UPbit, one of South Korea’s largest cryptocurrency exchanges, have been formally charged by the country’s prosecutors.
10-Year Jail Term Sought for Former Mt Gox CEO Mark Karpeles
Japanese prosecutors are seeking a 10-year sentence for former Mt. Gox CEO Mark Karpeles over embezzlement of user funds.
Japanese Lawmaker Proposes 4 Changes to Ease Crypto Tax Burden
A Japanese politician has proposed four changes to the taxation system he says will promote adoption of cryptocurrency in the country.
Suspect Crypto Transactions Rise in Japan But Still Just 1.7% of Total
Reported suspicious crypto transactions soared in the first 10 months of 2018, but fiat is still vastly more popular in money laundering.
Security Token Offerings ‘Illegal,’ Says Beijing Financial Watchdog
The head of Beijing’s Municipal Bureau of Finance has warned that security token offerings (STOs) are “illegal” in the city.
Singapore’s Stock Exchange Clarifies Rules for Listed Firms Issuing ICOs
SGX has clarified the rules for publicly listed companies planning to conduct token sales.