Crypto / Digital Assets

Crypto / Digital Assets

Basel AML Index Offers New Guidance on Risk and Crypto as Global Progress Stalls

By Manesh Samtani | 09/12/2025

The annual index reveals a global drift to the middle on money laundering risk, with new guidance for firms on proportionate controls and virtual assets.

Enforcement

Thailand Cracks Down on Chinese Bitcoin Mining Tied to THB 5bn Flows

By Mark Johnston | 09/12/2025

Thailand's “Operation Copperhead” has exposed a transnational Bitcoin mining ring, triggering focus on money laundering and digital asset crime.

Crypto / Digital Assets

Sony-Backed Blockchain Firm Launches US Dollar Stablecoin

By Nithya Subramanian | 08/12/2025

The USD-pegged token aims to power payments and rewards on the Ethereum L2 network, targeting global markets.

Crypto / Digital Assets

China Declares RWA Tokenisation 'Illegal Financial Activity'

By Mark Johnston | 08/12/2025

A joint warning from seven industry bodies clarifies the legal status of RWA and extends liability to domestic staff of overseas firms.

Crypto / Digital Assets

Cambodia Central Bank Announces Full Liquidation of Huione Pay

By Mark Johnston | 08/12/2025

The National Bank of Cambodia has announced the complete liquidation of payment firm Huione Pay following its licence revocation in September 2024.

Securities / Derivatives

Thai Regulators Unite to Combat Illicit Funds, Tighten Gold and Crypto Rules

By Manesh Samtani | 08/12/2025

A coordinated crackdown will impose new reporting on gold traders, stricter KYC/CDD, and amend FX rules to curb illicit financial flows.

Crypto / Digital Assets

Australia, New Zealand to Align on Financial Regulation, Insurance Access

By Sanday Chongo Kabange | 08/12/2025

Australian and New Zealand ministers have agreed to coordinate on payment systems and digital assets, and will establish a working group on insurance accessibility.

Enforcement

Malaysia Cracks Down on Power Theft by Illegal Bitcoin Miners

By Nithya Subramanian | 08/12/2025

Authorities have launched a nationwide sweep on rogue crypto-mining sites after illegal operators siphoned over USD 1 billion in electricity.

Crypto / Digital Assets

Chinese Bank Issues First Blockchain Bond Using e-CNY for Settlement

By Mark Johnston | 08/12/2025

Hua Xia Bank subsidiary completes issuance exclusively using CBDC, aiming to streamline settlement and reduce intermediaries.