Digital Assets

Cryptocurrency

South Korea Risks Fourth Delay to Implement Crypto Tax Regime - Reports

By Mark Johnston | 20/11/2025

South Korea still lacks necessary guidelines and systems for the January 2027 rollout, leaving policymakers lagging behind regional peers, experts warn.

Payments & Settlements

China Details Hainan's Financial Opening with 'Electronic Fence' Account System

By Mark Johnston | 20/11/2025

Hainan's free trade port will launch special customs operations, underpinned by a new system for freer cross-border capital flows.

Payments & Settlements

Cambodia and China Seal Corporate Pact for Cross-Border Payments

By Mark Johnston | 19/11/2025

The deal between China's TenPay Seal Pact to Link Bakong, Weixin Pay aims to strengthen payment connectivity and financial inclusion, boosting economic exchange across Asia.

Anti-Money Laundering

India Links 27 Crypto Exchanges to ‘Coin Laundry’ Scam

By Nithya Subramanian | 19/11/2025

The laundering network used fake investment apps, mule accounts and rapid crypto conversions to move INR 6.23 billion through 27 exchanges undetected.

Cryptocurrency

Japan: FSA Guidance Prompts Termination of Crypto ETF Derivatives Offering

By Mark Johnston | 19/11/2025

Japanese brokerage IG Securities will withdraw Bitcoin and Ethereum ETF contracts after the FSA deemed offering derivatives on overseas crypto products ‘undesirable’.

Custody & Infrastructure

Citi, Swift Demonstrate Hybrid Fiat-Digital Settlement Model to Mitigate FX Risk

By Mark Johnston | 19/11/2025

The pilot demonstrates how existing infrastructure can support synchronised payment-versus-payment settlement across traditional and distributed ledger networks.

Fraud, Scams & Cybercrime

The Great Bitcoin Freeze: How the DOJ Snatched $15bn from a Cambodian Crypto Empire

By Nathan Lynch | 19/11/2025

Amid the excitement about the DOJ's record $15bn bitcoin seizure from Prince Group one question still remains unanswered: how did US authorities obtain assets held in cryptographically secure cold storage wallets?

Anti-Money Laundering

Korea Customs Service Targets Crypto, Trade Finance in New Crackdown

By Mark Johnston | 19/11/2025

KCS launches special taskforce to block illicit funds from transnational crime, focusing on crypto and TBML.

Cryptocurrency

SGX to List Bitcoin, Ethereum Perpetual Futures

By Nithya Subramanian | 19/11/2025

The new SGX contracts, tied to established crypto indices, aim to meet rising institutional demand in Asia for regulated tools to trade and hedge digital assets.