Cryptocurrency

Stablecoins

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.

Anti-Money Laundering

Beijing Issues Framework for Liquidating Seized Crypto via 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.

Cryptocurrency

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.

Fraud, Scams & Cybercrime

Taiwan Crypto Exchange BitoPro Suffers $11.5m Hack

By Editors | 08/06/2025

The FSC’s Securities and Futures Bureau said Bito Group, the operator of BitoPro, must absorb the financial loss and cannot pass it on to users.

Cryptocurrency

MAS Issues Clarification on DTSP Regulatory Regime

By Manesh Samtani | 06/06/2025

Existing licensed firms are not impacted by the new rules, which target firms that exclusively serve overseas clients from Singapore.

Cryptocurrency

Hong Kong Official Outlines Vision for Virtual Asset Development

By Manesh Samtani | 06/06/2025

Christopher Hui outlines Hong Kong’s vision for virtual asset development, emphasising security, innovation, and a multi-pronged strategy for growth.

Anti-Money Laundering

Crypto ATMs in the Crosshairs, as Australia Targets Laundering, Scams and Terrorism

By Nathan Lynch | 04/06/2025

Nathan Lynch explores how Australian authorities are responding to the criminal threats associated with crypto ATMs, which proliferated during the pandemic.

Fraud, Scams & Cybercrime

AUSTRAC Cracks Down on Crypto ATM Operators

By Thisanka Siripala | 04/06/2025

AUSTRAC has imposed an A$5,000 transaction limit on cash deposits and withdrawals and other measures.

Cryptocurrency

Pakistan to Regulate Crypto with New Regulatory Authority

By Nithya Subramanian | 04/06/2025

The government plans to launch a national Bitcoin wallet and has established a new body to regulate cryptocurrency.