Latest Asian Cryptocurrency Regulation News

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Korea Tax Agency Seeks Crypto Tracing Tool

Korea’s tax agency is seeking crypto tracing software before 2027 tax rules.

Bank of Korea Chief Backs CBDCs and Deposit Tokens

BOK chief Shin Hyun-song backed CBDCs and deposit tokens.

Bitcoin Drops 1.6%, Oil Jumps 5.7% as Renewed U.S.-Iran Tensions Flare Over Hormuz

Bitcoin fell 1.6% to $74.335 as renewed U.S.-Iran tensions over the Strait of Hormuz sent Brent crude up 5.7%. Each successive Iran-related...

Circle CEO Sees Yuan Stablecoin in 3-5 Years

Circle CEO says China could launch a yuan stablecoin within three to five years.

Coinone hit with $3.5M fine and service ban

Coinone faces a $3.5 million fine and a three-month partial service ban.

OKX Ventures and HashKey back CAEX as Vietnam pushes crypto trading onshore

OKX Ventures and HashKey Capital are backing CAEX as Vietnam moves to build a regulated onshore crypto trading market. The funding will...

Japan backs bill to bring crypto under financial product rules

Japan’s cabinet has approved a bill that would treat crypto assets as financial products under the Financial Instruments and Exchange Act....

Iran weighs crypto tolls for ships passing through Hormuz

Iran is considering a proposal to charge oil tankers in cryptocurrency to pass through the Strait of Hormuz during the current ceasefire...

Thailand moves to scrutinise hidden backers of crypto firms

Thailand’s SEC is consulting on rules that would treat hidden financiers behind major crypto shareholders as major shareholders themselves....

HKMA Grants Hong Kong’s First Stablecoin Licenses to HSBC and a Standard Chartered-Led Joint Venture

The HKMA has issued Hong Kong's first stablecoin issuer licenses to HSBC and Standard Chartered-led Anchorpoint Financial, selected from 36...

Japan Cabinet Approves FIEA Bill Bringing Insider-Trading and Disclosure Rules to Crypto

Japan's cabinet has approved a bill placing crypto trading conduct and issuer disclosures under the Financial Instruments and Exchange Act,...

Iran Expands Crypto Use for Oil Trade as Strait of Hormuz Toll Reports Emerge

Iran is reportedly charging tankers roughly $1 per barrel in Bitcoin and stablecoins to pass through the Strait of Hormuz, with the toll...

CAEX Secures Backing From OKX Ventures and HashKey Capital Ahead of Vietnam’s Crypto Pilot

OKX Ventures and HashKey Capital have joined Vietnam's CAEX as strategic partners, lifting its charter capital to the VND 10 trillion...

Hong Kong Links Mainland Trade Data On-Chain

Hong Kong is developing a blockchain platform to connect mainland trade data, digitize cargo documents, and streamline cross-border trade...

Bitcoin Outperforms Stocks Amid Iran Tensions

Bitcoin rebounds to $66,500, outperforming equities as Iran tensions and $300M in crypto liquidations shake markets over the weekend.

SBI and Startale Aim for Q2 Launch of Yen Stablecoin JPYSC

JPYSC, a yen stablecoin backed by SBI and Startale, is targeting a Q2 launch pending regulatory approvals. The token is set to be issued...

Japan FSA May Let Banks Hold Bitcoin, And Other Cryptos

Japan’s FSA is considering regulatory changes that would allow banks to hold digital assets such as BTC and run approved crypto exchanges.