Japan and South Korea to Implement Strict Crypto Regulations
Regulators in Asia are not a fan of cryptocurrencies. In the past few months, various nations from the region have taken up an issue with...
South Korean Crypto Exchanges Reported that Suspicious Crypto Transactions Surged 50% in 2023
When it comes to the cryptocurrency sector in South Korea, the market has recently come under fire from regulatory agencies. The Financial Intelligence Unit (FIU)...
Philippines to Introduce Non-Blockchain CBDC After Two Years
The Central Bank of the Philippines is set to launch a new type of CBDC project in the upcoming two years. The monetary authority noted...
Chinese Government Will Revise Crypto AML Policies Before 2025
The government of China imposed a ban on all blockchain and DeFi activities in 2021. However, Chinese blockchain users managed to keep generating hash rate...
Hong Kong SFC Gets First Spot Bitcoin ETF Application
The race to list the first Bitcoin spot ETF in Hong Kong has already started. As per local reports, the Securities and Futures Commission (SFC)...
Tron Founder Projects China Likely to Join Crypto ETF Race
Tron founder Justin Sun hailed the landmark decision by the US Securities and Exchange Commission (SEC) to approve 11 applications for spot Bitcoin exchange-traded funds...
HashKey’s Operations Executive Reveals Fund Companies Mulling Spot Crypto ETFs in Hong Kong
The chief operating executive at Hong Kong-based crypto exchange HashKey informed the local media that over ten asset managers are considering spot crypto exchange-traded funds....
South Korea to Introduce Ban on Crypto Purchases via Credit Cards
Financial Services Commission (FSC), the financial regulator of South Korea has presented a proposal to ban credit card payments for cryptocurrency purchases. The law will...
China Urges Crackdown on Tether Stablecoin Alleging Illegal Forex Trading
China's Supreme People's Procuratorate (SPP) warned in a recent publication that Tether usage as an exchange medium for local and foreign currency is prohibited. The...
El Salvador Adds New Citizenship Laws for Bitcoin Investors
El Salvador has recently updated its Bitcoin donations program for investors applying for citizenship in the region. The Bitcoin VISA program was introduced last month...