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Asia Crypto Regulations

Guy walking around Asia with a hovering crypto coin.
Blitz news
Sri Lanka Turns To Crypto With Bybit Pay’s Digital Revolution

Sri Lanka, a top travel destination, welcomes the digital-asset commerce revolution with perks for both sides of the deal.
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Chinese riot police raiding the metaverse surrounded by pink smoke.
Regulations
China Stops Tech Giants’ Stablecoin Launch in Hong Kong

Ant Group and JD.com suspend plans after regulators warn private tokens could disrupt national currency oversight.

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Chinese man in Shanghai looking up the sky staring at an emerging ETF kingdom.
Crypto Market News
Former Chinese Govt. Official Urges Crypto Development Amid U.S. Policy Shift

A former Chinese government official calls for the study of crypto development amid shifting policies in the U.S.
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Guy running away from a pile of his coins on Binance and some coins are falling from his pocket.
Binance News
Binance Faces $2.25M Fine for Violating India’s AML Laws

Binance faces a multimillion-dollar fine for violating India’s Prevention of Money Laundering Act (PMLA).
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Girl from Taiwan finding a crypto coin a hard pill to swallow.
Regulations
Taiwan Targets Stronger Crypto Regulation with New Association

The newly-formed association plans to submit draft laws to the government by the end of the year.
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Korean man in suit looking at a Lorean flag looking abstract shape in the sky
Crypto Market News
South Korea Sets ‘Guidelines for Judging NFT Virtual Assets’

South Korea’s FSC reportedly issues new guidelines for “judging NFT virtual assets.”
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Robot security came to pay a visit to the worldcoin office.
Regulations
Worldcoin Faces Hong Kong Ban Over Personal Data Concerns

Worldcoin exits Hong Kong unceremoniously following data privacy concerns by the government.
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Robot looking at the law scales, with his crypto coins.
Crypto Market News
Taiwan Targets Crypto Service Providers with Strict AML Laws

Taiwan takes a bold step to fight money laundering in the crypto industry.
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Bag of Ripple stablecoins on United Arab Emirates digital land.
Crypto Market News
QCP Capital Secures Initial Approval to Enter Abu Dhabi Market

QCP Capital expands to the Middle East with an initial operational approval.
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Crypto Market News
Philippines Eyes Crypto Regulation Guidelines by Year-End

The Philippines is keen on regulating crypto assets and trading by the end of this year.
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OKX cyberpunk character concerned his city is in a glitch.
Exchanges
OKX Exits India After Major Regulatory Crackdown on Crypto

OKX exits India following FIU's non-compliance notice to foreign exchanges, affecting users and the local crypto landscape.
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Chinese Security monitoring crypto activity.
Bitcoin (BTC)
China Issues Crypto Ban Warning as Interest in Bitcoin Surges 

China issues a reminder on its crypto ban policy, warning investors in the mainland area to avoid Bitcoin-related products.
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Coins falling in the digital land of Hong Kong.
Regulations
Hong Kong Mulls OTC Crypto Trading and Stablecoin Regulation

Hong Kong mulls regulating stablecoin issuance and OTC crypto trading.
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Woman standing on a digital world platform receiving a green light with crypto coins into her tablet.
Regulations
Japan to Greenlight Crypto for Venture Capital Investments

The implementation of the newly revised bill will lift the restrictions on crypto investments for VCs and LPs for industry
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Robot sitting on a platform reading a notepad next to floating crypto coins.
Press Releases
io.net Secures Prestigious Gold Medal at the 2023 Inventions Asia Awards for its Internet of GPUs

io.net earns top honors at the 2023 Inventions Asia Awards for its groundbreaking 'Internet of GPUs', advancing decentralized AI compute.
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Chairman Emilio Benito Aquino holding up a document infront of the SEC building.
Binance News
Philippines SEC Issues Advisory Against Binance Operations

Binance has run into trouble in the Philippines as the securities watchdog issues an advisory against its operations.
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Two man skydiving into Asia from space leaving a tail of fire behind.
Regulations
LayerZero’s BSIM to Boost Interoperability Across Asia

LayerZero, CoinFlux, and China Telecom partner to enhance blockchain interoperability within Asia.
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Chinese man and woman looking into a metaverse whilst a guy staring back at them from there.
NFTs
China Bets Big on the Metaverse with Three-Year Action Plan

China bets big on Web3 with a plan to incubate three to five metaverse startups with global influence by 2025.
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A man in South Korea Metaverse.
Regulations
South Korean Bank to Work With BitGo to Expand Digital Assets Market

Crypto adoption surges in South Korea with new partnership between KEB Hana Bank and BitGo.

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Girl happy about the digital YUAN news.
CBDCs
China Pushes CBDC Retail Adoption Despite Surveillance Concerns

The People’s Bank of China has announced that the digital yuan is nearing nationwide retail rollout.

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