Digital Assets

DeFi & Web3

Indonesia Blocks Crypto Prediction Market Over Gambling Concerns

By Sanday Chongo Kabange | 27/05/2026

Indonesia has blocked access to the Polymarket website, with regulators classifying the blockchain-based platform as a form of illegal online gambling.

PEPs & Sanctions

UK Sanctions Crypto Exchange HTX in Russia Evasion Crackdown

By Manesh Samtani | 27/05/2026

New measures apply banking-style restrictions to crypto exchanges for the first time, targeting Russia’s financial lifelines.

Fraud, Scams & Cybercrime

ASIC Warns of Scammers Using Fake Crypto Trading Platforms

By Editors | 27/05/2026

The regulator has issued an alert about scams luring investors through messaging apps onto fraudulent crypto-asset trading platforms that feign profits.

Cryptocurrency

Thailand Accelerates Plans for Crypto ETFs and On-Chain Settlement

By Sanday Chongo Kabange | 26/05/2026

The SEC is advancing plans for spot crypto ETFs, tokenisation, and a unified on-chain settlement system, positioning digital assets as a core strategic priority.

Stablecoins

iM Bank Tests Won Stablecoin as Korea Readies Digital Asset Rules

By Editors | 26/05/2026

The Korean bank successfully completed a proof-of-concept for a won-denominated stablecoin, a move designed to secure commercialisation capabilities.

Cryptocurrency

Polymarket Prepares to Lobby for Japan Market Approval

By Sanday Chongo Kabange | 26/05/2026

The prediction market platform is reportedly preparing a multi-year lobbying effort to have its products authorised, targeting government approval by 2030.

Anti-Money Laundering

South Korea Consults Crypto Industry on AML Rule Revisions

By Manesh Samtani | 25/05/2026

Regulators met with major exchanges to discuss proposed changes to the country's AML rules, including reporting thresholds.

Stablecoins

Hong Kong Tests First Regulated HKD Stablecoin on Public Blockchain

By Sanday Chongo Kabange | 25/05/2026

Licensed firms have completed a live transfer test of the HKDAP stablecoin on Ethereum, marking a key step towards practical implementation.

Cryptocurrency

Korea: Opposition to Crypto Tax Plan Forces Parliamentary Review

By Manesh Samtani | 25/05/2026

Public and academic opposition has forced a formal review of the planned 22 percent tax on virtual asset gains.