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Stablecoins
South Korea Launches First Won-Backed Stablecoin in Pilot Phase
By Editors | 19/09/2025
Digital asset custodian BDACS has launched KRW1 in a proof-of-concept phase, with full fiat collateral held at major lender Woori Bank.

Stablecoins
Koscom Eyes Stablecoin Business as Landmark Regulation Looms
By Mark Johnston | 19/09/2025
Korea Exchange subsidiary files won-stablecoin trademarks as financial authorities prepare to introduce a comprehensive digital asset regulatory framework in October.

Structural Regulation
Taiwan Eases Custody Rules for Offshore Securities Units
By Editors | 19/09/2025
The FSC will permit offshore securities units to use qualified foreign custodians for client funds to boost Taiwan's asset management ambitions.

Stablecoins
Korea-Japan Bank Consortium Completes Stablecoin Trial
By Manesh Samtani | 18/09/2025
A proof-of-concept remittance project found stablecoins cut costs, but highlighted South Korea's lack of a clear regulatory framework.

Stablecoins
Kazakhstan Firm Launches World's First Offshore CNY Stablecoin
By Sanday Chongo Kabange | 18/09/2025
AnchorX, a licensed stablecoin issuer in Kazakhstan, has debuted its “AxCNH” stablecoin, aiming to streamline payments for 'Belt and Road' nations.

Cybersecurity
India Mandates Cybersecurity Audits for All Crypto Exchanges
By Nithya Subramanian | 18/09/2025
Cybersecurity audits will be mandatory for exchanges seeking registration with the FIU. CERT-In has been designated as the overseeing agency.

Anti-Money Laundering
Report Alleges $1.5B Money Laundering Network Linked to Shinawatra Dynasty, KuCoin
By Editors | 18/09/2025
An investigation claims a criminal network connected to former PM Thaksin Shinawatra and crypto firm KuCoin is moving illicit funds from Cambodian scam hubs.

Cloud & Infrastructure
GLEIF and IOTA Partner to Embed Digital IDs in DLT-Based Trade
By Editors | 18/09/2025
The collaboration will use the Legal Entity Identifier on a distributed ledger to streamline supply chain compliance and secure trade finance.

Tokenisation
Hong Kong Unveils Sweeping Financial Reforms to Boost Hub Status
By Manesh Samtani | 18/09/2025
Chief Executive John Lee's policy address focused on digital assets, RMB internationalisation, and wealth management to reinforce Hong Kong's role as a global financial centre.

Tokenisation
MAS to Promote Tokenisation, AI while Safeguarding Stability
By Nithya Subramanian | 17/09/2025
MAS will also back digital innovation and Asia’s low-carbon transition, while ensuring robust supervision in the financial system, said Deputy Prime Minister Gan Kim Yong.
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