PlayIconNav
Crypto Prices CoinDesk Market Index CoinDesk Market Index

Lavender Au

Lavender Au

Lavender Au is a CoinDesk reporter with a focus on regulation in Asia. She holds BTC, ETH, NEAR, KSM and SAITO.

Social

Recent

Licensing consultants are charging up to $1 million to advise firms on the application. (Ratnakorn Piyasirisorost/Unsplash)
Policy
Analysis
Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
The city’s new licensing regime paves the way for exchanges to operate legally and serve retail clients but tough compliance requirements could cost firms as much as $20 million, industry insiders say.
Licensing consultants are charging up to $1 million to advise firms on the application. (Ratnakorn Piyasirisorost/Unsplash)
By Lavender Au
Aug 4, 2023 at 12:14 p.m. UTC
Aug 4, 2023
AnalysisregulationsPolicyHong KongHong Kong Monetary Authority
H.K. Lawmaker Johnny Ng said he hopes for more Web3 talent exchanges with mainland China. (Ruslan Bardash/Unsplash)
Policy
Regulations
Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China
Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges.
H.K. Lawmaker Johnny Ng said he hopes for more Web3 talent exchanges with mainland China. (Ruslan Bardash/Unsplash)
By Lavender Au
Aug 4, 2023 at 9:45 a.m. UTC
Aug 4, 2023
regulationsPolicyHong KongChinaCrypto Exchanges
Binance Japan users can access spot trading, earn products, and an NFT marketplace. (CoinDesk)
Policy
Regulations
Binance Japan Starts Onboarding Users
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.
Binance Japan users can access spot trading, earn products, and an NFT marketplace. (CoinDesk)
By Lavender Au
Aug 1, 2023 at 10:02 a.m. UTC
Aug 1, 2023
regulationsJapanBinancePolicy
Singapore’s High Court has recognised crypto as a property capable of being held on trust.(Swapnil Bapat/Unsplash)
Policy
Regulations
Singapore High Court Declares Crypto as Property in Case Involving Bybit
The ruling held that a crypto asset is a “thing in action” enforceable via court orders.
Singapore’s High Court has recognised crypto as a property capable of being held on trust.(Swapnil Bapat/Unsplash)
By Lavender Au
Jul 26, 2023 at 8:08 a.m. UTC
Jul 26, 2023
RegulationsCourt CasesSingapore
Kishida reiterated “Web3 is part of the new form of capitalism,” referring to his flagship economic policy intended to drive growth and wealth distribution. (Photo by Takayuki Masuda)
Policy
Regulations
Japan Signals More Web3 Promotion Policies Are Coming
Japan's Prime Minister Fumio Kishida said on Tuesday that the country plans to improve the environment for Web3 when it comes to using tokens and revitalize the content industry.
Kishida reiterated “Web3 is part of the new form of capitalism,” referring to his flagship economic policy intended to drive growth and wealth distribution. (Photo by Takayuki Masuda)
By Lavender Au
Jul 25, 2023 at 4:37 a.m. UTC
Jul 25, 2023
RegulationsJapan
“Traditionally successful entrepreneurs may not be interested in this industry,” says lawmaker Johnny Ng. “Even if they are, they might not know how to play it.” (Johnny Ng)
Policy
Opinion
Meet the Hong Kong Lawmaker Who Invited Coinbase to Town
Legislative Council member Johnny Ng is courting crypto exchanges to get licensed in the city as the U.S. drives digital asset firms offshore.
“Traditionally successful entrepreneurs may not be interested in this industry,” says lawmaker Johnny Ng. “Even if they are, they might not know how to play it.” (Johnny Ng)
By Lavender Au
Jul 24, 2023 at 5:41 a.m. UTC
Jul 24, 2023
OpinionInterviewregulationsPolicy
The bank's web-based app will have a beta launch on July 22, and be available on Google Play and Apple’s App Store. (Image from SDB)
Policy
Bank
Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta
The National Unity Government (NUG) bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.
The bank's web-based app will have a beta launch on July 22, and be available on Google Play and Apple’s App Store. (Image from SDB)
By Lavender Au
Jul 20, 2023 at 10:52 a.m. UTC
Jul 20, 2023
BankMyanmarPolygonUniswap
Seoul at dusk with Lotte Tower and mountains in background
Policy
Regulations
South Korea Wants Companies to Disclose Crypto Holdings
Under draft rules, companies that issue or own crypto will have to make disclosures in their financial statements starting next year.
Seoul at dusk with Lotte Tower and mountains in background
By Lavender Au
Jul 12, 2023 at 7:27 a.m. UTC
Jul 12, 2023
RegulationsSouth KoreaAccounting
Circle CEO Jeremy Allaire (Keisuke Tada)
Finance
Regulation
Circle Considers Issuing Stablecoin in Japan Under New Rules
Circle CEO Jeremy Allaire expressed interest in partnerships in the country, given that new rules governing stablecoins have come into effect.
Circle CEO Jeremy Allaire (Keisuke Tada)
By Lavender Au
Jul 6, 2023 at 1:18 a.m. UTC
Jul 6, 2023
RegulationStablecoinCircleUSDUSD Coin
Beijing (Zhang Kayiv/Unsplash)
Policy
Dbs
Singapore Bank DBS Starts e-CNY Collection Platform for Corporate Clients in China
The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.
Beijing (Zhang Kayiv/Unsplash)
By Lavender Au
Jul 5, 2023 at 7:36 a.m. UTC
Jul 5, 2023
DBSDBS Banke-CNYCBDCCBDCs