Places Asia

Monetary Authority of Singapore (MAS) published two consultation papers with a host of new regulatory measures to limit activities of digital payment token services, stablecoin issuers and their customers.

Apple releases guidelines to allow in-app NFT purchases, Tesla loses $106M to Bitcoin volatility in Q3, and more in this edition of CryptoSlate Wrapped Daily.

South Korea's Financial Services Commission will look into virtual asset exchanges and customers who hold significant portions of single-listed coins and stablecoins to prevent money laundering.

Lee Jung-hoon apologises for "making it difficult for employees and causing social pressure" as prosecution requests 8-year sentence

On-chain data reveals Binance and Bittrex were also attacked at the same time as FTX, Freeway suspends withdrawals while FatManTerra warns for a rug pull, and much more in this edition of CryptoSlate Wrapped Daily.

Japan Credit Bureau announced it will start the “JCBDC“ pilot project to test contactless credit-card based settlement solutions for general use retail CBDC despite the central banks' cancellation of its CBDC project.

China-based streaming platform iQIYI will use the Ethereum-based smart contract ERC-3475, developed by DeBond protocol.

Circle and Axelar's new protocol seamlessly allows USDC transactions cross-chain, and much more in this edition of CryptoSlate Wrapped Daily.

After the tokens are unlocked, early investors may look to realize their profits, putting more pressure on the already struggling AXS.

Chief Executive HKSAR John Lee mentions a bill for statutory licensing for VASPs and the city's progress in developing its CBDC in his first policy address delivered on Oct.19.

The protocol had promised to compensate every victim of the exploit that took place on Oct. 18.

The Lazarus group sent phishing emails to employees of crypto companies and successfully infected their computers with malware.

The Japanese government has decided to revise six laws related to foreign exchange, which will also affect crypto trading platforms.

Macau's Executive Council submitted a draft bill to place all currencies under the same legal scrutiny, including digital currencies.

The main reason behind the proposal is to reduce the region's reliance on the US dollar.

Arbitrium's Offchain Labs acquires leading Ethereum client, 21Shares launches its spot BTC ETP in Dubai, and much more in this edition of CryptoSlate Wrapped Daily.

Residents will be able to register complaints in an immutable and transparent manner i.e. registered complaints cannot be deleted or edited.

The RBI released a concept paper that outlined its motivation, design choices, and technological considerations for the pilot phase of the CBDC project.