Korea carries out bank inspections, China power cut on Bitcoin miners, Japan scrutinises banks' cryptocurrency activities.
Government to cut threshold from 25% to 5%, ASIFMA says reduction will challenge securities firms, produce no tax revenue.
Traders can only use real names to open cyptocurrency accounts, must be authenticated by banks under state regulatory jurisdiction.
Government has made abrupt about turn to legitimize cryptocurrencies by bringing them under greater regulatory purview.
HK on 'greylist'; Macau, S.Korea, on blacklist with the latter said to operate a ‘harmful preferential tax regime’ for the wealthy, companies.
People’s Happiness Fund will purchase more than half the debt, remainder will be written off using private sector funds.
Existing OTC platform has not been successful due to institutional investors’ concerns about having to give details of their trading strategies.
Financial Investment Association says Chain ID is a world first, authentication only has to be performed once every three years.
Move is part of President Moon Jae-in’s Chaebol clean-up campaign, follows proposal to make agencies liable for ‘defective ratings’.
Regulator calls on banks to strictly screen mortgage applications as household debt increases by $15.9bn over July and August.
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