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Crypto / Digital Assets
BOK Governor Expresses No Objection to Stablecoin Issuance
By Thisanka Siripala | 23/06/2025
Lee Chang-yong says a won stablecoin is “necessary”, but continues to warn that it could end up increasing demand for USD-based stablecoins.
Big Picture
Report Urges Swift Action to Cement Hong Kong’s Status as Web3 Hub
By Manesh Samtani | 23/06/2025
New report by Web3 Harbour and PwC outlines several key enablers for Hong Kong to become a global financial centre for Web3 and digital assets.
AML / KYC
FATF Calls for Stronger Global Response to Proliferation Financing Risks
By Manesh Samtani | 22/06/2025
New FATF report calls for global action to prevent the misuse of financial channels, including crypto, to bypass UN sanctions and fund weapons programmes.
Crypto / Digital Assets
Vietnam, UAE to Launch Blockchain-based Digital Finance Framework
By Nithya Subramanian | 20/06/2025
Entities from both countries have signed a wide-ranging agreement to modernise payments, settlements and data capabilities in Vietnam.
Crypto / Digital Assets
FSC Korea to Investigate Fees Charged by Crypto Exchanges
By Editors | 20/06/2025
FSC to scrutinise cryptocurrency exchange fees, seeking to lower trading costs in line with President Lee Jae-myung’s agenda.
Crypto / Digital Assets
Korea FSS Considers Inspections of Korbit Over Trading Suspension
By Thisanka Siripala | 19/06/2025
The FSS is said to be investigating the cause of a 12-hour trading and services suspension at crypto exchange Korbit.
Crypto / Digital Assets
DTIF Urges Malaysia SC to Adopt DTI Standard for Tokenised Products
By Sanday Chongo Kabange | 18/06/2025
The DTI Foundation said the use of the ISO 24165 DTI standard in disclosures will enhance investor protection and market integrity.
Crypto / Digital Assets
South Korean Lawmakers Propose Stricter Stablecoin Rules
By Manesh Samtani | 18/06/2025
New “Digital Asset Innovation Act” proposes higher capital requirements for stablecoin issuers and the establishment of a new committee under the FSC.
AML / KYC
Thailand Announces Five-Year Tax Exemption for Crypto Trading
By Sanday Chongo Kabange | 18/06/2025
Thailand waives capital gains and VAT on crypto transactions for five years to “stimulate the digital asset economy”.
Crypto / Digital Assets
BNM Launches Digital Asset Innovation Hub to Boost Fintech
By Nithya Subramanian | 18/06/2025
Simultaneously, the CFIL, a collaborative platform to develop new financial solutions for climate-related projects is “open for business”.
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