CRYPTO / DIGITAL ASSETS

Crypto / Digital Assets

Bitget and Bybit Consider Move Away from Singapore: Report

By Nithya Subramanian | 12/06/2025

Both firms, which operate in Singapore without a full licence, are considering reassigning staff to Dubai or Hong Kong.

Fintech / Regtech

Japan FSA Approves Sony Bank PoC to Test DeFi Services Model

By Thisanka Siripala | 12/06/2025

The project will explore whether automated market makers on public blockchains can comply with Japanese KYC and AML rules.

Crypto / Digital Assets

Japan Tightens Crypto Rules to Safeguard Investor Assets

By Thisanka Siripala | 12/06/2025

Japan’s revised Payment Services Act empowers authorities to issue a “domestic custody order” to failing foreign crypto exchanges.

Crypto / Digital Assets

First PHP Stablecoin Advances Past Regulatory Sandbox Pilot

By Editors | 11/06/2025

Philippine fintech Coins.ph said PHPC is exiting the regulatory sandbox and is now positioned for broader adoption across multiple use cases.

Crypto / Digital Assets

Korea Pushes Forward Work on Digital Asset Basic Act

By Manesh Samtani | 11/06/2025

The Act will introduce business conduct and internal control standards for crypto firms as well as licensing and capital requirements for stablecoins.

Crypto / Digital Assets

Hong Kong’s New Stablecoin Law to Commence Operation on 1 August

By Sanday Chongo Kabange | 10/06/2025

The stablecoin ordinance passed in May will take effect on 1 August, subject to negative vetting of the legislative notice.

AML / KYC

Beijing Issues Framework for Liquidating Seized Crypto vis Hong Kong

By Manesh Samtani | 09/06/2025

Under the framework, third-party agencies will be appointed to sell seized crypto assets through licensed platforms in Hong Kong.

Crypto / Digital Assets

SEC Philippines Finalises Regulatory Framework for Crypto Industry

By Mark Johnston | 09/06/2025

SEC mandates registration and licensing for crypto asset service providers (CASPs) to enhance consumer protection and combat fraud.

Crypto / Digital Assets

Thailand SEC Waives Fees on ESG Bonds and Digital Tokens Issuance

By Nithya Subramanian | 09/06/2025

The SEC has waived application and filing fees for three years to promote ESG finance and support the country’s creative sector.