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Asia Pacific
Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam
A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand.

20 Thai Crypto Exchanges Have Applied for New Digital Assets Licenses
Thailand's new licensing scheme for digital asset companies has seen a flurry of applications from ICO and crypto exchanges.

Philippines' Proposed ICO Rules Presume All Tokens Are Securities
The Philippines is close to introducing new regulations governing how companies can legally raise funds through initial coin offerings.

China's Government Censorship Agency Is Hiring a Crypto Expert
A high-level government media censor in China wants to hire a cryptographer with expertise in blockchain technology.

Crypto Mining CEO Said to Disappear With $35 Million In Funds
Crypto mining firm Sky Mining's CEO Le Minh Tam has reportedly stolen $35 million from investors and fled to America.

Korean Regulator Urges Haste on Crypto Bill After Exchange Hacks
An executive at the Financial Services Commission has called on politicians to pass a bill regulating cryptocurrency exchanges "as soon as possible."

Vietnam's Securities Regulator Warns Industry to Avoid Crypto Activities
Vietnam's securities regulator has warned industry companies and funds in the country to avoid activities related to cryptocurrencies.

Japanese Crypto Exchanges Push for Limit on Margin Trading Borrowing
A self-regulatory organization formed by crypto exchanges in Japan is proposing a limit on how much investors can borrow when margin trading

Chinese Region to Shut Down 'Illegal' Bitcoin Miners By September
China's Xinjiang autonomous region is set to halt "illegal" bitcoin mining operations by the end of August, a government agency has confirmed.

South Korea's Finance Watchdog Is Forming a Crypto Division
South Korea's Financial Services Commission has revealed it is setting up a department dedicated largely to cryptocurrencies and blockchain.
