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Asia Pacific
Korean Watchdog Tightens Rules on Crypto Exchange Bank Accounts
Banks in South Korea are now required to monitor all accounts held by crypto exchanges following a tightening of anti-money laundering measures.
Huobi Pro Exchange to Suspend Crypto Trading in Japan
Huobi Pro is to stop offering trading services to investors living in Japan, reportedly over its lack of a license in the country.
2 APAC Nations Have Ruled Out Central Bank Digital Currencies
The central banks of both Australia and New Zealand have said they do not plan to create their own digital currencies – at least for now.
Japan's Financial Watchdog Orders AML Shake-Up at 6 Crypto Exchanges
Japan's Financial Services Agency has issued business improvement orders to six licensed crypto exchanges operating in the country.
Bithumb Working With Other Crypto Exchanges to Recover Hacked Funds
South Korea's Bithumb cryptocurrency exchange said Thursday that it may be able to reduce the losses arising from a major hack earlier this week.
Crypto Exchange Bithumb Halts Withdrawals After $31 Million Hack
Bithumb, one of the largest crypto exchanges in the world by trading volume, confirmed a hack of $31 million worth of cryptos on its platform today.
Former Indian Lawmaker Declared 'Offender' in Bitcoin Extortion Case
A former Indian politician allegedly involved in a $1.3 million bitcoin extortion case has been declared a "proclaimed offender" by a local court.
Major Crypto Exchanges Face Action Over Money-Laundering Fears
Japan's Financial Service Agency is further cracking down on what it considers lax compliance with AML rules at larger, licensed exchanges.
Internet Cafes Hacked to Mine $800k in Siacoin Cryptocurrency
A group of hackers have allegedly colluded with computer maintenance firms in China to place malware on internet cafe computers to mine cryptos.
Bank of Korea: Central Bank Cryptocurrencies Pose 'Moral Hazard'
South Korea's central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy.
