Digital Assets

Cryptocurrency

Japan Publishes Final Working Group Report on Future of Crypto Regulation

By Sanday Chongo Kabange | 11/12/2025

The plans would bring crypto-assets under the securities law framework, introducing an insider trading ban and stricter rules for firms.

Cryptocurrency

Korea to Impose Bank-Level Liability on Crypto Exchanges After Hack

By Sanday Chongo Kabange | 11/12/2025

Regulators are pushing for no-fault compensation and tougher penalties for crypto platforms following a multi-million dollar cybertheft at Upbit.

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.

Cryptocurrency

Hong Kong Consults on Crypto Tax Reporting Framework, Stricter FI Penalties

By Sanday Chongo Kabange | 10/12/2025

The plan includes mandatory registration for crypto service providers and financial institutions, with automatic data exchange scheduled to begin in 2028.

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.

Anti-Money Laundering

FinCEN Fines Paxful $3.5m for "Egregious" and "Wilful" AML Failures

By Manesh Samtani | 10/12/2025

The peer-to-peer crypto platform had "egregious" AML failures, enabling transactions linked to North Korea, ransomware, and terrorist financing.

Cryptocurrency

Coinbase Reopens India Onboarding After Two-Year Pause

By Nithya Subramanian | 10/12/2025

Following its registration with FIU-IND, Coinbase is rebuilding its India operations and planning a phased launch of rupee on-ramps in 2026.

Anti-Money Laundering

Korea to Bolster Crypto AML Rules, Introduce Account Freezing System

By Sanday Chongo Kabange | 09/12/2025

KoFIU will strengthen cross-border rules and introduce a system to suspend suspicious accounts amid a crackdown on transnational crime.

Anti-Money Laundering

Basel AML Index Offers New Guidance on Risk and Crypto as Global Progress Stalls

By Manesh Samtani | 09/12/2025

The annual index reveals a global drift to the middle on money laundering risk, with new guidance for firms on proportionate controls and virtual assets.