Hacks
Singapore issues warning on rising ‘crypto drainer’ phishing scams
Web3 security firm Scam Sniffer reported that these drainers stole $10 million in the past week.
Oluwapelumi Adejumo 2 min read
Asia Crypto News
Insights on policy shifts, CBDC pilots, mining trends, and the broader impact on global crypto markets.
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Top Asia Stories
Privacy
Hong Kong authorities investigating Worldcoin over data privacy concerns
According to the Hong Kong Office of the Privacy Commissioner for Personal Data, there are concerns that Worldcoin is in "contravention" of regulatory requirements related to data collection and storage.
Crypto
Harvest leads the charge with Hong Kong spot Bitcoin ETF application: Report
Hong Kong has received its first application for a spot Bitcoin ETF in the region.
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ETF
Bitcoin ETFs expected to launch in Hong Kong by mid-2024
Multiple firms are looking to launch spot Bitcoin ETFs within the coming months now that Hong Kong has softened its stance toward the industry.
Culture
China’s underground crypto market thrives despite harsh trading ban: WSJ
Chinese crypto traders flout ban through VPNs, social media, and clandestine meetups, maintaining an $86 billion underground market.
Regulation
South Korea presidential office hints at domestic spot Bitcoin ETF amid regional uncertainty
Other countries in Asia, including Singapore, Thailand, and Hong Kong are having a mixed reaction to the launch of spot ETFs.
Regulation
South Korea looks to crackdown on crypto mixers via new regulations
The Financial Intelligence Unit (FIU) of South Korea's Financial Services Commission is spearheading the examination of potential regulatory frameworks.
Exchanges
Indians are turning to local exchanges amid clampdown on foreign platforms
India has now banned foreign exchanges from operating in the country by blocking access to their websites and new application downloads.
Regulation
South Korea’s FSC warns against brokerage of foreign Bitcoin ETFs
Regulatory clouds hover as South Korea addresses Bitcoin ETFs and public officials' crypto declarations.
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Regulation
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Exchanges
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Crypto
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Adoption
