Enforcement

Enforcement

Thailand PDPC Orders Sam Altman’s World to Halt Iris Scanning

By Nithya Subramanian | 01/12/2025

The data protection watchdog has ordered World to delete 1.2 million iris scans, concluding that trading biometric data for crypto breached the law.

Crypto / Digital Assets

Vietnam Proposes Penalties for Trading Crypto on Unlicensed Platforms

By Nithya Subramanian | 01/12/2025

The Ministry of Finance has proposed a new decree imposing fines of up to VND 200 million on individuals and firms trading digital assets on unlicensed platforms.

Trending

Korea Targets Prince Group in Largest Ever Sanctions Package

By Manesh Samtani | 28/11/2025

The measures freeze domestic assets, including crypto, of 147 entities and individuals, mirroring recent US and UK actions against Cambodia-based operations.

Enforcement

APRA Imposes Licence Conditions on Super Trustee Over Related-Party Fees

By Sanday Chongo Kabange | 28/11/2025

APRA has acted on concerns about expenditure management and fees paid to the super fund's parent company, requiring an independent review.

Crypto / Digital Assets

Korea's Upbit Halts Services After USD 37M Crypto Hack

By Manesh Samtani | 28/11/2025

The breach occurred a day after a major acquisition deal was announced, prompting an on-site inspection by financial authorities.

Sanctions

Hong Kong Licensed Lender Linked To Sanctioned Prince Group – Report

By Sanday Chongo Kabange | 27/11/2025

An associate of sanctioned Prince Group's Chen Zhi is tied to a licensed money lender that holds a mortgage over shares in a Hong Kong-listed firm.

Enforcement

FSS Korea Proposes “Severe” Sanctions on MBK Partners

By Mark Johnston | 27/11/2025

The FSS alleges the private equity firm harmed pension fund interests, sparking debate over regulatory overreach and fund governance.

AML / KYC

Singapore Court Allows $2.7bn 1MDB Suit Against StanChart to Proceed

By Nithya Subramanian | 27/11/2025

Liquidators can move forward with a major claim accusing Standard Chartered of enabling illicit transfers tied to the 1MDB scandal.

Securities / Derivatives

South Korean Authorities to Step Up Crackdown on Market Abuse

By Nithya Subramanian | 26/11/2025

The new person-based monitoring and a joint taskforce are already disrupting major stock manipulation schemes as Korea implements its “one-strike-out” approach.