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Dernières de Lavender Au
South Korea Passes Crypto Bill for User Protection
The bill marks the country's first step towards a digital asset legal framework.
Stablecoin Issuer Circle Receives Digital Token License in Singapore
The issuer of USDC received in-principle approval in November last year.
Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1
The SFC's guidelines prohibit crypto "gifts" designed to incentivize retail investments, which likely includes airdrops, and says stablecoins should not be admitted for retail trading until they are regulated.
Malaysia Says Crypto Exchange Huobi Global Isn't Registered, Must Cease Operations
The country's regulator told CEO Leon Li to ensure the website and mobile apps are disabled.
Ripple Starts Platform for Central Banks to Issue Their CBDCs
The firm will also showcase a real estate tokenization product as part of Hong Kong Monetary Authority's e-HKD pilot.
Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong
Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications.
South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers
Lawmaker Kim Nam-kuk resigned from the main opposition party after his crypto transfers incited controversy.
South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers: Report
Local media reports Democratic Party lawmaker Kim Nam-kuk had previously co-sponsored a bill seeking to defer taxation on crypto profits.
Binance Japan Will Start Operations After June
Binance, the world's largest crypto exchange acquired Sakura Exchange BitCoin in November.
Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms
Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.