Crypto / Digital Assets

Crypto / Digital Assets

Korea Forms New Advisory Committee to Attract Foreign Capital

By Mark Johnston | 04/12/2025

Deputy PM Koo Yoon-chul said the government aims to create an environment that supports greater inflows of foreign investment funds.

Sanctions

Sanctioned Huione Pay Halts Operations Amid Run on Funds

By Nithya Subramanian | 04/12/2025

Cambodia’s Huione Pay has frozen withdrawals and closed branches after international sanctions sparked a cash crunch and mass customer withdrawals.

Crypto / Digital Assets

Japan Backs Plan for 20% Crypto Tax, Aligning Rules With Securities

By Manesh Samtani | 03/12/2025

The proposal would cut the maximum tax rate from 55% and reclassify digital assets as financial products under existing law.

Fintech / Regtech

Korea Tightens AML Framework to Target Crypto, Transnational Crime

By Manesh Samtani | 03/12/2025

Regulator to expand crypto travel rule, freeze suspect accounts, and extend AML duties to lawyers and accountants in a broad crackdown.

Crypto / Digital Assets

Korean Lawmakers Push for Draft Stablecoin Law by 10 December

By Manesh Samtani | 03/12/2025

The ruling party sets a deadline for the draft legislation, though regulators and lawmakers remain divided on whether to allow fintechs to issue tokens.

AML / KYC

Philippines Probes Crypto Laundering in Flood Control Corruption Case

By Manesh Samtani | 02/12/2025

Officials say illicit funds are being moved offshore via stablecoins, as an inter-agency task force works to recover assets from the corruption scandal.

Crypto / Digital Assets

Kyrgyzstan Launches Gold-Backed Digital Dollar USDKG

By Nithya Subramanian | 02/12/2025

Kyrgyzstan launches USDKG, a fully gold-backed digital asset issued under state oversight, marking a major step in its regulated blockchain strategy.

Fintech / Regtech

Korea FSS Issued Stern Warning to Upbit Over Crypto Hack

By Manesh Samtani | 02/12/2025

The regulator signalled it would take strong measures in response to the $30 million theft at Upbit linked to North Korean actors.

Crypto / Digital Assets

Japan Post Bank to Pilot Tokenised Deposit Settlements for Real Estate

By Mark Johnston | 02/12/2025

The major lender will partner with DeCurret DCP and Shinoken Group to automate rent payments and property transactions using DCJPY ahead of a planned 2026 rollout.