CRYPTO / DIGITAL ASSETS

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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.

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    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.

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    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.

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    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.

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    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.

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    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.

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    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.

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    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”.

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    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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