Crime
SEC charges Trump-connected Chinese businessman Guo Wengui over ‘H-Coin’
The Chinese billionaire's crypto scheme was also known as "Himalaya Coin."
Mike Dalton 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
NFTs
China’s NFT-related complaints surge 30,000% in 2022
During the year, Chinese regulators received over 59,000 complaints about NFT-related scams and price manipulations.
Bankruptcy
Mt. Gox pushes deadline for BTC repayment registration to April
Mt. Gox's base repayment period has also been extended from Sept. 30 to Oct. 31, according to the announcement.
Latest Asia Crypto News & Analysis
CBDCs
China’s WeChat starts accepting CBDC payments
WeChat Pay currently has over 1 billion monthly active users and allows for CBDC payments only on certain apps.
Crime
Do Kwon’s Terraform Labs under investigation in Singapore
Terraform Labs is headquartered and registered in Singapore and this is the first time the country has publicly taken action against Do Kwon and his firm.
Regulation
Op-ed: How Hong Kong’s stricter crypto regulations aim to boost investor confidence
Will Hong Kong follow Japan’s lead in allowing retail investors to trade cryptocurrencies in a regulated environment?
Exchanges
Binance custody arm ‘Ceffu’ to apply for license in Singapore
Ceffu will apply for a MAS license to enable it to offer custodial services to institutional investors in Singapore.
Stablecoins
Three Japanese banks to issue compliant stablecoins on ‘Japan Open Chain’
The Japanese banks are expected to issue legally backed stablecoins that can be used in Ethereum wallets like MetaMask.
Adoption
DBS Digital Exchange CEO says investors prefer regulated platforms over yield
Singapore's DBS bank-backed exchange recorded an 80% increase in BTC trading volumes and doubled its user count in 2022.
