Digital Assets

Cryptocurrency

Korea FSS Warns Young Crypto Users of Penalties Under New Law

By Thisanka Siripala | 26/05/2025

The FSS said crypto investors may still be held liable for violations even if they are unaware of the law or are following prior trading practices.

Fraud, Scams & Cybercrime

ACCC Publishes Final Report of Job Scam Fusion Cell

By Thisanka Siripala | 25/05/2025

The fusion cell’s work resulted in the removal of over 29,000 scam accounts and the blacklisting of 836 crypto wallets.

Stablecoins

Stablecoins Offer Faster, Cheaper Cross-border Payments: BAFT Paper

By Manesh Samtani | 24/05/2025

BAFT paper says FIs should explore strategies for adopting or integrating stablecoins into existing operations.

Cloud & Infrastructure

GLEIF and Finternet Lab Partner on Digital Identity Infrastructure

By Editors | 23/05/2025

GLEIF and Finternet Lab are collaborating to advance trusted, interoperable digital identity and transaction systems.

Cryptocurrency

India Supreme Court Presses Government on Crypto Regulation

By Nithya Subramanian | 22/05/2025

The top court criticised the government for taxing crypto at 30 percent without putting in place corresponding regulation.

Cryptocurrency

ASIC Seeks High Court Ruling on Crypto ‘Financial Products’

By Editors | 22/05/2025

ASIC challenges Block Earner ruling, seeking High Court clarity on the regulatory scope of crypto “financial products.”

Stablecoins

Hong Kong Legislative Council Passes Stablecoin Ordinance

By Sanday Chongo Kabange | 21/05/2025

The ordinance, set to take effect later this year, will require issuers of fiat-referenced stablecoins to be licensed by HKMA to be offered in Hong Kong.

Cryptocurrency

Vietnam Proposes New Penalties Regime for Crypto Market Violations

By Mark Johnston | 21/05/2025

A new draft decree proposes fines for violations in the cryptocurrency sector, including market manipulation and unlicensed operations.

Anti-Money Laundering

Korea Tightens Crypto AML Rules Ahead of Institutional Opening Up

By Manesh Samtani | 21/05/2025

South Korea is enhancing AML requirements ahead of opening up its virtual asset market to broader institutional participation, starting with NPOs and crypto exchanges.