Asia-Pacific

Central Banks, Stablecoins and the Looming War of Currencies

| Michael J Casey

A flood of competing stablecoins is coming to the global economy, setting the stage for what could be a climactic battle with the world's biggest…

China’s Central Bank ‘Close’ to Launching Official Digital Currency

| Daniel Palmer

An official at China's central bank has said the institution is nearing the launch of its national digital currency.

SBI Crypto Exchange Adopts Tech to Help Meet FATF Standards

| Daniel Palmer

VC Trade, the crypto exchange launched by SBI Holdings, is integrating a new wallet solution to help it comply with international KYC standards.

South Korean Watchdog Plans Direct Supervision of Crypto Exchanges

| Daniel Palmer

A South Korean financial watchdog under the Financial Services Commission aims to more closely supervise exchanges in line with FATF standards.

North Korea Stole $2 Billion in Crypto and Fiat to Fund Weapons Programs

| Daniel Palmer

North Korea is funding its weapons of mass destruction via hacks of banks and crypto exchanges, says a confidential U.N. report.

Thailand to Bring Cryptocurrency Under Anti-Money Laundering Rules

| Daniel Palmer

Thailand's anti-money laundering regulator is planning to amend the country's laws to mandate reporting by cryptocurrency exchanges.

Cryptocurrency in China: Over the Counter, Under the Table

| Dovey Wan

Primitive Ventures partner Dovey Wan breaks down the crypto situation as it stands in China today.

Circle Moves Exchange Operations Offshore With New Bermuda Office

| Leigh Cuen

Circle is moving the majority of its Poloniex exchange operations offshore, citing a "lack of regulatory frameworks" in the U.S.

South Korea Estimates 2-Year Losses From Crypto Crimes at $2.3 Billion

| Daniel Palmer

Nearly 2.7 trillion won (US$2.3 billion) have been lost to cryptocurrency crimes in the last two years, not including exchange hacks.

Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting

| Daniel Palmer

Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week.