Cryptocurrency

Stablecoins

China Renews Crypto Crackdown, Puts Stablecoins in Crosshairs

By Manesh Samtani | 01/12/2025

Top financial and security bodies met to reinforce a ban on crypto activities, highlighting stablecoins as a key risk area.

Data Privacy

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.

Cryptocurrency

China Re-emerges as Bitcoin Mining Hub in Defiance of State Ban

By Manesh Samtani | 01/12/2025

Covert operations have propelled China to become the world's third-largest miner, raising questions about the effectiveness of a regulatory crackdown in the country.

Cryptocurrency

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.

PEPs & Sanctions

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.

Fraud, Scams & Cybercrime

Korea's Upbit Halts Services After USD 31M 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.

Cryptocurrency

Japan Working Group Approves Draft Report on Future of Crypto Regulation

By Mark Johnston | 28/11/2025

The draft report outlines plans to combat insider trading, allow bank subsidiaries to invest in crypto, and reform Japan's IEO rules.

Custody & Infrastructure

Australia Introduces Bill to License Digital Asset Platforms

By Sanday Chongo Kabange | 27/11/2025

The new framework will require crypto and tokenised asset platforms to hold an Australian financial services licence to boost protection.

Cryptocurrency

Japan to Mandate Crypto Exchange Reserves to Cover Hack Losses

By Manesh Samtani | 27/11/2025

The FSA plans 2026 legislation to ensure customer compensation following a series of high-profile security breaches in the sector.