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Asia Pacific
Indian Officials Met to Discuss Possible Ban on 'Private Cryptocurrencies'
The Indian government is considering imposing a ban on what it calls "private cryptocurrencies," according to an official release.

Crypto Wallet Maker Ledger to Expand Support for Stablecoins, Including Tether
Benjamin Soong, Ledger's newly hired head of Asia-Pacific operations, says tether remains popular in the region despite the token's recent troubles.

India Supreme Court Seeks Government Opinion on Crypto Within 2 Weeks
The Supreme Court of India has asked the government to give its view on cryptocurrencies, amid fallout from a ruling by the central bank in April.

Chinese Court Rules Bitcoin Should Be Protected as Property
An arbitration body in China has said bitcoin should be legally protected as a property, despite the central bank's ban on crypto trading.

Japan's Financial Regulator Mulls Cap on Cryptocurrency Margin Trading
Japan's Financial Services Agency is planning to put a cap on the leverage available to crypto margin traders to curb speculation and risk.

South Korea's Financial Watchdog Warns Investors Over Crypto Funds
South Korea's Financial Services Commission has warned the public to exercise caution when investing in cryptocurrency funds.

Japanese Crypto Exchange Group Gets Legal Status to Self-Regulate
Japan's financial regulator has formally approved a crypto exchange association, giving it legal powers to police the industry.

Indian Police Seize ATM Run By Crypto Exchange Unocoin
Police in the Indian city of Bangalore have seized an ATM just weeks after it was set up by crypto exchange Unocoin.

Australian Securities Watchdog Halts ICO Seeking to Raise $50 Million
An Australian ICO project planning raise up to $50 million has been halted by the country's securities regulator.

China's Internet Censor Releases Draft Regulation for Blockchain Startups
China's internet censorship agency has released draft regulations to govern blockchain startups.
