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Asia Pacific
Closing China's Bitcoin Exchanges Was the Right Move, Says PBoC Official
The vice governor of the People's Bank of China has said that regulators took the right decision in banning ICOs and closing cryptocurrency exchanges.

Bitcoin Not Legal Tender in India, Finance Minister Says
India's finance minister, Arun Jaitley, has said bitcoin is not legal tender in the country and indicated that regulations are under consideration.

South Korean Finance Watchdog Has 'No Plans' to Regulate Bitcoin Trading
The governor of a South Korean financial regulator has said it has "no plans" to supervise cryptocurrency trading.

Central Bank of Malaysia Plans Cryptocurrency Reporting Rules
The governor of Malaysia's central bank has provided more detail on upcoming regulations aimed to counter the illicit uses of cryptocurrencies.

Philippine Regulators Eye New Rules for Bitcoin Exchanges and ICOs
Philippine regulators are eyeing new rules for cryptocurrency exchanges and initial coin offerings (ICOs), according to officials.

Blockstream, Digital Garage Team Up to Foster Blockchain in Japan
Bitcoin infrastructure company Blockstream has expanded its partnership with IT firm Digital Garage to boost blockchain development in Japan.

Bitcoin ATM Installations Draw Warning from Russian Prosecutors
Prosecutors in the Russian state of Tatarstan have issued a warning to a local businessman about two bitcoin ATMs.

State Bank of India to Beta Test Blockchain Smart Contracts Next Month
The State Bank of India is planning to beta launch smart contracts and blockchain-based know-your-customer processes.

Singapore's Central Bank Outlines When ICOs Are and Aren't Securities
Singapore Central Bank issued guide to digital token offerings providing general guidance on the application of securities laws administered by MAS.

Chinese Power Provider Denies Bitcoin Mining Ban
A state-owned electric utility in China is rebuffing rumors that bitcoin mining has been deemed illegal by the government.
