Places Asia

The platform received in-principle approval for the country's digital payment token (DPT) license, which will enable in to offer a range of payment services to customers in Singapore.

Terraform Labs employees are banned from leaving South Korea as the prosecutors office explores charging Do Kwon with fraud and other crimes.

The exposure-free retail CBDC the Bank of Israel and the Hong Kong Monetary Authority plan to test is assumed to carry less financial risk for consumers, Bloomberg News reported.

The exchanges are proposing to create three different committees that will be saddled with compliance monitoring, market monitoring, and transaction support.

The top five Korean exchange err on the side of caution and delist Litecoin for compliance reasons.

South Korean developers might be unwilling to take the new Solana's fund bait considering the network has suffered seven outages in the last 12 months.

Recognizing crypto assets while assessing accredited investors will help more people gain exposure to private market investments.

Japan has introduced a slew of new crypto regulations designed to liberate the operations of the industry in the country.

South Korea is looking to introduce a "self regulatory" system and has engaged local crypto exchanges on the matter.

NFTs are subject to the SFC's regulatory remit in Hong Kong as they're shifting from collectibles to financial assets, which the authorities claim is very risky and requires licensing.

Indians who received the LUNA 2.0 token via airdrop may have to part with as much as 30% of it due to the crypto tax policy in the country.

Japan’s new stablecoin law limits stablecoin issuance to licensed banks, registered money transfer agents, and trust companies.

Do Kwon may have just been caught laundering money through Terraform Labs into a Korean shell company called Kernel Labs

Project Guardian is a collaboration between the regulator and several key financial players who will serve as trust anchors.

South Korea's government has earmarked $117.1 million for the metaverse, betting on its potential and having this technology as one of their main focus in the following years.

A team of the Prosecutor's Office has summoned all Terra employees to investigate if the collapse was caused by price manipulation.

Shenzhen, Guangzhou, and Xiong'an New Area are reportedly gifting citizens roughly 90 million digital yuan in red packets to citizens in a bid to restart the economy following Covid-19.

FanTiger plans to beat the music industry by giving more power to artists and fans using blockchain technology.