Digital Assets

Conduct, Culture & Accountability

New Zealand’s FMA Sets Out Priorities for the Coming 12 Months

By Thisanka Siripala | 26/06/2025

The FMA’s regulatory priorities for the financial sector focus on conduct, innovation, and consumer protection.

PEPs & Sanctions

The Nobitex Hack: A New Frontier in Geopolitical Crypto Warfare

By Nathan Lynch | 26/06/2025

The attack on Iran’s Nobitex exchange signals a new era of politically motivated crypto hacks, posing unique challenges for risk and compliance teams.

Cryptocurrency

Japan FSA Reviews Regulatory Framework for Crypto Assets

By Manesh Samtani | 25/06/2025

Japan’s FSA proposes to reclassify crypto as financial products, potentially paving the way for Bitcoin ETFs and a flat 20% capital gains tax.

Payments & Settlements

China Issues 19-point Guideline to Spur Consumer Spending

By Manesh Samtani | 25/06/2025

Banks are encouraged to offer targeted support to businesses in key consumption areas. A new re-lending facility is being established.

Stablecoins

Korean Banks Seeking Reforms to Enter Digital Assets Business

By Thisanka Siripala | 25/06/2025

The KFB has recommended that credible banks be allowed to issue stablecoins and provide digital asset custody services.

Custody & Infrastructure

Korean Think Tank Calls for Reforms to Help Crypto Sector Develop

By Thisanka Siripala | 25/06/2025

The report, published by a think tank associated with Korbit, says South Korea trails the US and EU, where banks can invest in crypto firms.

Stablecoins

Hong Kong to Set High Bar for Issuing Stablecoin Licences

By Sanday Chongo Kabange | 25/06/2025

HKMA CEO Eddie Yue said only a “handful” of licences will likely be granted, reflecting the regulator’s “cautious approach” and the need for user protection.

Cryptocurrency

FSC Korea Preparing Measures to Enable Spot Crypto ETFs

By Thisanka Siripala | 24/06/2025

The FSC informed a government committee that it will prepare measures for introducing virtual asset spot ETFs in Korea.

Cryptocurrency

Thai SEC Proposes to Allow Crypto Exchanges to List Own Tokens

By Nithya Subramanian | 24/06/2025

The SEC proposes to permit crypto exchanges to list tokens issued by themselves or their affiliates, subject to enhanced disclosure and monitoring requirements.