Custody & Infrastructure

Custody & Infrastructure

Korea's Upbit Raises Cold Storage Ratio to 99pc After Hack

By Sanday Chongo Kabange | 11/12/2025

The country's largest crypto exchange is moving nearly all customer assets offline in response to a major security breach and tightening regulatory scrutiny.

Stablecoins

Malaysian Royal Launches First Ringgit-backed Stablecoin

By Nithya Subramanian | 10/12/2025

RMJDT, issued by Bullish Aim on the Zetrix national blockchain, aims to boost cross-border ringgit use and attract foreign investment, marking a major step in Malaysia’s digital asset and Web3 strategy.

Stablecoins

ASIC Finalises Licensing Relief for Stablecoin, Wrapped Token Intermediaries

By Sanday Chongo Kabange | 10/12/2025

New class relief exempts intermediaries from separate licensing and permits omnibus accounts for digital asset custody, building on earlier measures.

Stablecoins

Sony-Backed Blockchain Firm Launches US Dollar Stablecoin

By Nithya Subramanian | 08/12/2025

The USD-pegged token aims to power payments and rewards on the Ethereum L2 network, targeting global markets.

Cryptocurrency

Japan Backs Plan for 20% Crypto Tax, Aligning Rules With Securities

By Manesh Samtani | 03/12/2025

The proposal would cut the maximum tax rate from 55% and reclassify digital assets as financial products under existing law.

Stablecoins

Korean Lawmakers Push for Draft Stablecoin Law by 10 December

By Manesh Samtani | 03/12/2025

The ruling party sets a deadline for the draft legislation, though regulators and lawmakers remain divided on whether to allow fintechs to issue tokens.

Stablecoins

Kyrgyzstan Launches Gold-Backed Digital Dollar USDKG

By Nithya Subramanian | 02/12/2025

Kyrgyzstan launches USDKG, a fully gold-backed digital asset issued under state oversight, marking a major step in its regulated blockchain strategy.

Custody & Infrastructure

Korea FSS Issued Stern Warning to Upbit Over Crypto Hack

By Manesh Samtani | 02/12/2025

The regulator signalled it would take strong measures in response to the $30 million theft at Upbit linked to North Korean actors.

Tokenisation

Japan Post Bank to Pilot Tokenised Deposit Settlements for Real Estate

By Mark Johnston | 02/12/2025

The major lender will partner with DeCurret DCP and Shinoken Group to automate rent payments and property transactions using DCJPY ahead of a planned 2026 rollout.