Digital Assets

Stablecoins

Thai SEC Adds Stablecoins to List of Approved Cryptocurrencies

By Nithya Subramanian | 10/03/2025

The move means token issuers and ICO portals can accept USDC and USDT for digital token investment transactions.

Tokenisation

KSD to Launch Security Token ‘Testbed’ Platform in June

By Manesh Samtani | 10/03/2025

Once legislative amendments are implemented, the testbed platform will be converted into an operating environment.

Custody & Infrastructure

Taiwan FSC Implements New Crypto Custody Rule for VASPs

By Mark Johnston | 10/03/2025

Virtual asset custodians that meet international information security management standards can store up to 30% of client assets in hot wallets.

Anti-Money Laundering

US, EU Authorities Shut Down Russian Crypto Exchange Garantex

By Manesh Samtani | 09/03/2025

The takedown operation came after the EU sanctioned Garantex, prompting Tether to block wallets on the platform holding more than $26mn.

Tokenisation

India Consults on Tokenisation Framework for GIFT City

By Nithya Subramanian | 07/03/2025

The IFSCA has released a consultation paper on the tokenisation of real-world assets, aiming to establish GIFT City as a global hub for digital asset innovation.

Custody & Infrastructure

MAS Grants MPI Licences to Units of Hex Trust, Matrixport

By Nithya Subramanian | 07/03/2025

Both Hex Trust and Matrixport received approval for their Singapore operations after receiving in-principle approvals last year.

DeFi & Web3

US Senate Votes to Overturn Tax Reporting Rule for DeFi Brokers

By Thisanka Siripala | 06/03/2025

The rule, if not repealed, will require DeFi brokers to report digital asset transactions and user data starting in 2027.

Custody & Infrastructure

Vietnam to Pilot State-run Platform for Trading Digital Assets

By Thisanka Siripala | 06/03/2025

Vietnam’s Ministry of Finance rejected an earlier proposal that would have allowed private firms to participate via a sandbox mechanism.

Stablecoins

Japan Regulator Approves Country’s First Stablecoin Licence

By Thisanka Siripala | 06/03/2025

SBI VC Trade has become the first company in Japan to obtain a stablecoin licence. Several other firms plan to launch stablecoins.