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Asia Pacific
ICO Oversight? Israeli Regulators Form Token Sale Study Committee
Israeli regulators are studying whether to apply the country's existing securities laws to the initial coin offering (ICO) model.

Reports: China's Regulators Consider Suspending All ICOs
Reports from China suggest regulators may be close to taking action against entrepreneurs seeking to launch domestic token sales.

Vietnam Is Preparing to Legally Recognize Bitcoin
Vietnam's prime minister has approved a plan that could see the country formally recognize bitcoin as a form of payment, reports say.

China's Fosun Group Buys Stake in Blockchain Startup
Chinese conglomerate Fosun Group has invested in Shanghai blockchain startup Onchain.

Philippines Central Bank Grants First Cryptocurrency Exchange Licenses
The central bank of the Philippines has granted licenses to two local bitcoin exchanges, according to local reports.

Australia Weighs Jail Time for Cryptocurrency Exchange Offenders
New details have emerged about Australia's cryptocurrency exchange bill.

Australia Takes Aim at Cryptocurrencies With New Money Laundering Bill
Australia is moving to introduce a new bill that would extend the country's anti-money laundering laws to cover domestic cryptocurrency exchanges.

Lawmakers Want to See Bitcoin Become an Official Currency in Australia
Two Australian lawmakers have formed a parliamentary group to push government to better accommodate cryptocurrency and blockchain.

South Korean Lawmaker Seeks to Tighten Cryptocurrency Rules
Efforts to regulate the use of cryptocurrencies in South Korea are moving forward with a proposed series of legislative amendments.

Singapore Central Bank: Token Sales May Be Subject to Securities Laws
Singapore's central bank has released new guidance on blockchain tokens and ICOs, adopting a similar stance to that taken by the SEC last week.
