Crypto / Digital Assets

Crypto / Digital Assets

Japan FSA Reviews Regulatory Framework for Crypto Assets

By Manesh Samtani | 25/06/2025

Japan’s FSA proposes to reclassify crypto as financial products, potentially paving the way for Bitcoin ETFs and a flat 20% capital gains tax.

Crypto / Digital Assets

Korean Banks Seeking Reforms to Enter Digital Assets Business

By Thisanka Siripala | 25/06/2025

The KFB has recommended that credible banks be allowed to issue stablecoins and provide digital asset custody services.

Crypto / Digital Assets

Korean Think Tank Calls for Reforms to Help Crypto Sector Develop

By Thisanka Siripala | 25/06/2025

The report, published by a think tank associated with Korbit, says South Korea trails the US and EU, where banks can invest in crypto firms.

Crypto / Digital Assets

Hong Kong to Set High Bar for Issuing Stablecoin Licences

By Sanday Chongo Kabange | 25/06/2025

HKMA CEO Eddie Yue said only a “handful” of licences will likely be granted, reflecting the regulator’s “cautious approach” and the need for user protection.

AML / KYC

AUSTRAC to Shift Focus to Outcomes Rather Than Compliance

By Thisanka Siripala | 25/06/2025

AUSTRAC will shift its regulatory focus to outcomes and harms, targeting industry sectors where risks are poorly managed, said CEO Brendan Thomas.

Crypto / Digital Assets

FSC Korea Preparing Measures to Enable Spot Crypto ETFs

By Thisanka Siripala | 24/06/2025

The FSC informed a government committee that it will prepare measures for introducing virtual asset spot ETFs in Korea.

Crypto / Digital Assets

Thai SEC Proposes to Allow Crypto Exchanges to List Own Tokens

By Nithya Subramanian | 24/06/2025

The SEC proposes to permit crypto exchanges to list tokens issued by themselves or their affiliates, subject to enhanced disclosure and monitoring requirements.

Crypto / Digital Assets

Hong Kong Examining Potential for Yuan-Backed Stablecoin

By Sanday Chongo Kabange | 24/06/2025

Christopher Hui said risks must be studied, taking into consideration the Mainland’s monetary policy direction and yuan internationalisation roadmap.

Crypto / Digital Assets

BOK Governor Expresses No Objection to Stablecoin Issuance

By Thisanka Siripala | 23/06/2025

Lee Chang-yong says a won stablecoin is “necessary”, but continues to warn that it could end up increasing demand for USD-based stablecoins.