Asia Pacific


Markets

Taiwan Eyes November Deadline for Bitcoin AML Regulation

Taiwan will formally regulate bitcoin under anti-money laundering rules by the end of the year, says its minister of justice.

Chiu Tai-san,Taiwan's minister of justice

Markets

Cloud Giant Xunlei Claims Blockchain Advance With 'ThunderChain'

China-based cloud network provider Xunlei has launched a blockchain platform, undeterred by ongoing allegations it held an unlawful ICO.

xunlei

Markets

Bitcoin Pyramid Scheme Amassed $20 Million in South Korea

Two men in South Korea have been sentenced for building a bitcoin pyramid scheme that swindled around $20 million from investors.

gavel

Markets

Korea Moves to Limit Crypto Mining Chip Imports

Cryptocurrency miners in South Korea may soon find it more difficult to get foreign-made mining chips imported to the country.

via Asus

Markets

Crypto Fraudsters Face Jail Time, Warns Philippines Securities Regulator

The Philippines SEC has issued a warning to the public to be cautious on 14 cryptocurrency investment schemes in the country.

Philippines

Markets

Police Bust Alleged $13 Million Crypto Pyramid Scheme

Police in China have arrested the founders of a claimed cryptocurrency pyramid scheme that amassed $13 million from over 13,000 people.

Chinese policeman

Markets

Philippines Lawmaker Urges Senate to Expedite Crypto Crime Bills

A Philippines senator is seeking to speed up the passage of legislation that would increase the penalties for crimes involving cryptocurrencies.

bitcoin bullet

Markets

Industry Group to Bring 'Order' to Korea's Crypto Exchanges

A South Korean blockchain industry organization has proposed a self-regulatory framework to set standards for the cryptocurrency exchange industry.

South Korea

Markets

No Plans for National Cryptocurrency, Bank of Japan Official Says

The Bank of Japan said it has no plan to issue a central bank digital currency due to concerns over financial stability. 

bank of japan

Markets

'Downright Fraud': Hong Kong Securities Watchdog Warns on ICOs

The deputy head of Hong Kong's Securities and Futures Commission has taken a skeptical tone in statements on initial coin offerings.

img_julia-leung-mic