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Asia Pacific
Thailand to Bring Cryptocurrency Under Anti-Money Laundering Rules
Thailand's anti-money laundering regulator is planning to amend the country's laws to mandate reporting by cryptocurrency exchanges.

Cryptocurrency in China: Over the Counter, Under the Table
Primitive Ventures partner Dovey Wan breaks down the crypto situation as it stands in China today.

Circle Moves Exchange Operations Offshore With New Bermuda Office
Circle is moving the majority of its Poloniex exchange operations offshore, citing a "lack of regulatory frameworks" in the U.S.

South Korea Estimates 2-Year Losses From Crypto Crimes at $2.3 Billion
Nearly 2.7 trillion won (US$2.3 billion) have been lost to cryptocurrency crimes in the last two years, not including exchange hacks.

Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting
Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week.

Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing
After a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it's discovered that another $2.3 million is missing.

China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief
China should revamp its plan for a national digital currency in the face of Facebook's Libra cryptocurrency, says the central bank's former head.

Facebook Says It Won't Launch Crypto in India Due to Regulatory Issues
Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India.

Facebook Libra Threat Could Spur Work on China's National Digital Currency: PBoC Official
China's central bank could hasten development of its digital yuan to counter the threat posed by Facebook's Libra cryptocurrency, an official says.

Korean Watchdog Warns of Financial Stability Risk From Facebook's Libra
Facebook's Libra cryptocurrency project threatens the stability of financial systems, according to South Korea's Financial Services Commission.
