Lavender Au

Lavender Au is a CoinDesk reporter with a focus on regulation in Asia. She holds BTC, ETH, NEAR, KSM and SAITO.

Lavender Au

Latest from Lavender Au


Policy

Japan Signals More Web3 Promotion Policies Are Coming

Japan's Prime Minister Fumio Kishida said on Tuesday that the country plans to improve the environment for Web3 when it comes to using tokens and revitalize the content industry.

Kishida reiterated “Web3 is part of the new form of capitalism,” referring to his flagship economic policy intended to drive growth and wealth distribution. (Photo by Takayuki Masuda)

Policy

Meet the Hong Kong Lawmaker Who Invited Coinbase to Town

Legislative Council member Johnny Ng is courting crypto exchanges to get licensed in the city as the U.S. drives digital asset firms offshore.

“Traditionally successful entrepreneurs may not be interested in this industry,” says lawmaker Johnny Ng. “Even if they are, they might not know how to play it.” (Johnny Ng)

Policy

Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta

The National Unity Government (NUG) bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.

The bank's web-based app will have a beta launch on July 22, and be available on Google Play and Apple’s App Store. (Image from SDB)

Policy

South Korea Wants Companies to Disclose Crypto Holdings

Under draft rules, companies that issue or own crypto will have to make disclosures in their financial statements starting next year.

Seoul at dusk with Lotte Tower and mountains in background

Finance

Circle Considers Issuing Stablecoin in Japan Under New Rules

Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.

Circle CEO Jeremy Allaire (Keisuke Tada)

Policy

Singapore Bank DBS Starts e-CNY Collection Platform for Corporate Clients in China

The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.

Beijing (Zhang Kayiv/Unsplash)

Policy

South Korea Passes Crypto Bill for User Protection

The bill marks the country's first step towards a digital asset legal framework.

South Korea flag (Daniel Bernard/ Unsplash)

Policy

Stablecoin Issuer Circle Receives Digital Token License in Singapore

The issuer of USDC received in-principle approval in November last year.

(Sandali Handagama/ CoinDesk)

Policy

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.

(Ruslan Bardash/Unsplash)

Policy

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.

Kuala Lumpur, Malaysia (Meric Dagli/Unsplash)

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