Asia-Pacific

US Law Enforcement Traces Bitcoin Transfers to Nab ‘Largest’ Child Porn Site

| David Pan

A U.S. federal grand jury indicted a South Korean citizen for operating a child porn site, funded by millions dollars worth of bitcoin.

South Korean Blockchain ID Service Raises $8 Million in Series A

| David Pan

Blockchain digital ID startup ICONLOOP received its first venture capital investment through an $8 million Series A round.

Chinese Banking Giant CCB Expands Blockchain Platform as Volume Breaks $53 Billion

| David Pan

Chinese banking giant CCB has expanded its trade finance blockchain platform with cross-chain and inter-bank transactions.

Identity Thief Spends $5 Million on Cloud Computing to Mine Cryptocurrency

| David Pan

Singaporean citizen Ho Jun Jia has been indicted for stealing over $5 million worth of cloud computing services to mine cryptocurrencies.

OKEx Korea Reviewing Decision to Delist Privacy Coins Zcash and Dash

| William Foxley

OKEX Korea is reconsidering a decision to delist the privacy coins zcash and dash it announced in September.

Polychain and a Chinese Bank Are Betting Millions on This Token Sale

| Leigh Cuen

Investing in a token offering for the Nervos Network could help China Merchants Bank International tap into the DeFi ecosystem.

Cryptocurrency Donations to Politicians Legal in Japan Says Internal Affairs Minister

| William Foxley

Crypto donations are legal and do not need to be approved for political donations like cash or securities.

Fed Official Says Digital Central Bank Currency Is ‘Inevitable’

| David Pan

Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.

Japan’s Central Bank Chief Calls for International Effort on Libra Regulation

| Daniel Palmer

The governor of the Bank of Japan has called for global cooperation in regulating stablecoins like the Facebook-led Libra.

PBoC Denies Claims It Will Launch Digital Currency in November

| Daniel Palmer

China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies.