Crypto / Digital Assets

Enforcement

ASIC Bans ex-Financial Adviser for 10 Years Over Crypto Scam

By Thisanka Siripala | 13/06/2025

ASIC says Rogan misled clients into investing in a fraudulent cryptocurrency platform while posing as a licensed adviser.

Crypto / Digital Assets

Hong Kong FSDC Partners TheCityUK on Financial Sector Collaboration

By Sanday Chongo Kabange | 13/06/2025

The MoU establishes a framework for collaboration between FSDC and TheCityUK on transition finance, digital assets and capacity building.

Crypto / Digital Assets

Australia: Four Arrested Over Multimillion-Dollar Crypto Laundering Scheme

By Thisanka Siripala | 13/06/2025

Security company used armoured cash transport services and other legitimate businesses to mix illicit and legitimate funds before converting them into crypto.

Crypto / Digital Assets

SFC Proposes Measures to Prevent Use of Misleading Business Names

By Sanday Chongo Kabange | 13/06/2025

SFC proposes to expand the list of restricted words and phrases that cannot be used by unlicensed firms in their business names.

Crypto / Digital Assets

Bitget and Bybit Consider Move Away from Singapore: Report

By Nithya Subramanian | 12/06/2025

Both firms, which operate in Singapore without a full licence, are considering reassigning staff to Dubai or Hong Kong.

Fintech / Regtech

Japan FSA Approves Sony Bank PoC to Test DeFi Services Model

By Thisanka Siripala | 12/06/2025

The project will explore whether automated market makers on public blockchains can comply with Japanese KYC and AML rules.

Crypto / Digital Assets

Japan Tightens Crypto Rules to Safeguard Investor Assets

By Thisanka Siripala | 12/06/2025

Japan’s revised Payment Services Act empowers authorities to issue a “domestic custody order” to failing foreign crypto exchanges.

Crypto / Digital Assets

First PHP Stablecoin Advances Past Regulatory Sandbox Pilot

By Editors | 11/06/2025

Philippine fintech Coins.ph said PHPC is exiting the regulatory sandbox and is now positioned for broader adoption across multiple use cases.

Crypto / Digital Assets

Korea Pushes Forward Work on Digital Asset Basic Act

By Manesh Samtani | 11/06/2025

The Act will introduce business conduct and internal control standards for crypto firms as well as licensing and capital requirements for stablecoins.