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Enforcement
Hong Kong ICAC Charges Former Bank RM Over Fake Credit Letters
By Editors | 09/06/2025
The former bank relationship manager allegedly accepted $470,000 worth of Tether as a bribe to authenticate fake standby L/Cs and collateral letters.
Crypto / Digital Assets
Taiwan Crypto Exchange BitoPro Suffers $11.5m Hack
By Editors | 08/06/2025
The FSC’s Securities and Futures Bureau said Bito Group, the operator of BitoPro, must absorb the financial loss and cannot pass it on to users.
Crypto / Digital Assets
MAS Issues Clarification on DTSP Regulatory Regime
By Manesh Samtani | 06/06/2025
Existing licensed firms are not impacted by the new rules, which target firms that exclusively serve overseas clients from Singapore.
Crypto / Digital Assets
Hong Kong Official Outlines Vision for Virtual Asset Development
By Manesh Samtani | 06/06/2025
Christopher Hui outlines Hong Kong’s vision for virtual asset development, emphasising security, innovation, and a multi-pronged strategy for growth.
Crypto / Digital Assets
Stablecoin Law Sparks Mainland Interest in Using Hong Kong as Tokenisation Hub
By Editors | 05/06/2025
Citic Securities forecasts that Hong Kong’s stablecoin legalisation will help mainland firms push their initiatives forward and attract a tokenisation boom.
AML / KYC
Crypto ATMs in the Crosshairs, as Australia Targets Laundering, Scams and Terrorism
By Nathan Lynch | 04/06/2025
Nathan Lynch explores how Australian authorities are responding to the criminal threats associated with crypto ATMs, which proliferated during the pandemic.
Crypto / Digital Assets
AUSTRAC Cracks Down on Crypto ATM Operators
By Thisanka Siripala | 04/06/2025
AUSTRAC has imposed an A$5,000 transaction limit on cash deposits and withdrawals and other measures.
Crypto / Digital Assets
Pakistan to Regulate Crypto with New Regulatory Authority
By Nithya Subramanian | 04/06/2025
The government plans to launch a national Bitcoin wallet and has established a new body to regulate cryptocurrency.
Crypto / Digital Assets
South Korea Election Result Signals Potential Shift in Policy Landscape
By Manesh Samtani | 04/06/2025
Lee Jae-myung’s election win sparks hopes for crypto-friendly policies. Broader financial reforms also loom.
Crypto / Digital Assets
Thai SEC Consults on Fine-tuning Norms for G-Tokens
By Nithya Subramanian | 03/06/2025
The SEC proposes to waive licence requirements for digital asset brokers, exchanges, dealers, and securities firms handling G-Tokens.
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