CRYPTO / DIGITAL ASSETS

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”.