Digital Assets

PEPs & Sanctions

South Korea Imposes Sanctions Against DPRK IT Workers

By Editors | 03/01/2025

The sanctions target IT workers who have been earning foreign currency for the North Korean government

Fraud, Scams & Cybercrime

Do Kwon Appears in US Court Following Extradition from Montenegro

By Manesh Samtani | 03/01/2025

Terraform Labs co-founder Do Kwon appeared in court on Thursday, ending more than 18 months of uncertainty about his extradition.

Cryptocurrency

OJK Indonesia Issues Regulations for Digital Asset Trading

By Manesh Samtani | 03/01/2025

OJK is adopting Bappebti regulations, with refinements, to ensure continuity as it transitions into the new regulatory body for Indonesia’s crypto sector.

Cryptocurrency

Philippine SEC Proposes New Regulatory Framework for Crypto

By Manesh Samtani | 02/01/2025

The rules cover capital requirements, consumer protection, disclosures and marketing, AML compliance, market abuse, and cybersecurity.

DeFi & Web3

US Finalises Tax Reporting Rules for DeFi Brokers

By Editors | 02/01/2025

Brokers of digital assets including DeFi platforms have to report the gross proceeds from digital asset sales or exchanges facilitated for customers.

Cybersecurity

Japan FSA Requests Self-Inspections from Crypto Exchanges

By Manesh Samtani | 02/01/2025

The JVCEA is asked to ensure member crypto exchanges assess their vulnerability to North Korean cyberattacks, focusing on wallet management.

Fraud, Scams & Cybercrime

Vietnam Launches Nationwide Campaign Against Online Fraud

By Editors | 01/01/2025

Measures include developing an interagency coordination model and enhancing account verification, Internet banking security, and controls on crypto-related transactions.

Cryptocurrency

Bybit Ordered to Disable Access to Crypto Platform from Malaysia

By Editors | 01/01/2025

Bybit was also directed to stop circulating, publishing or sending any advertisements to Malaysian investors.

Cryptocurrency

Cambodia Issues New Regulatory Framework for Crypto

By Manesh Samtani | 30/12/2024

Banks can only have direct exposure to Group 1 cryptoassets. Services offered to customers can include other cryptoassets.