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Asia Pacific
India's Central Bank Denies 'Formal Creation' of Blockchain Unit
The Reserve Bank of India has denied officially forming a new unit to research AI and blockchain technology, despite reports to the contrary.

ASX-Listed DigitalX Hit With Legal Action Over ICO Involvement
Shares in the ASX-listed blockchain firm DigitalX slumped Friday after it revealed it is facing a legal claim from investors in an ICO it advised.

Indian Crypto Exchange Zebpay Halts Trading Over Banking Ban
Zebpay, once the largest crypto exchange in India, is halting its trading service at short notice, but stressed its wallet will stay functional.

Chinese Arbitrator Builds Online Ruling System on a Blockchain
An arbitration committee in China has launched an online ruling system utilizing a distributed network for sharing evidence in legal disputes.

SBI Ripple Asia Wins Payments License for Blockchain Money App
A joint venture between SBI Holdings and Ripple has moved a step closer to launching its blockchain-based payments app for consumers.

Reports: Taiwan Police Arrest Cody Wilson Following Assault Charges
News reports claim that Taiwan authorities have arrested Cody Wilson after he was accused of sexually assaulting a minor in the U.S.

Japan Lost $540 Million to Crypto Hacks in First Half of 2018
Japan's police agency has released data revealing that cyberattacks leading to thefts of cryptocurrency rose sharply earlier this year.

Cryptojacking Scripts Found on Local Indian Government Sites
Municipal government websites in Andhra Pradesh are running cryptojacking scripts, a group of security researchers found earlier this month.

Indian Central Bank Argues Cryptos 'Not Valid' as Currency in Court Battle
The Reserve Bank of India has argued at the Supreme Court that bitcoin cannot be recognized as either money or currency.

Japan's FSA Expands Crypto Team to Handle Exchange License Reviews
Japan's financial regulator is recruiting more people next year to handle the growing interest among Japanese companies in a crypto exchange license.
