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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.

Capital / Liquidity
IADI Targets E-Money, Crisis Management in 2026 Priorities
By Manesh Samtani | 02/12/2025
A key focus is on digital finance, including research addressing the treatment of e-money and its implications for financial stability.

Securities / Derivatives
South Korean Lawmakers Advance Security Token Legislation
By Mark Johnston | 02/12/2025
The legislation will establish the legal basis for security token offerings (STOs), setting the stage for a competitive race among firms seeking to launch new trading platforms.
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