Asia-Pacific

Russian Hackers May Have Carried Out Largest Ever Crypto Exchange Theft

| Daniel Palmer

Russian hackers, not North Korean, may be the bad actors behind probably the biggest ever theft from a cryptocurrency exchange.

Korean Crypto Exchanges Update Terms to Accept Liability for Hacks

| Daniel Palmer

Five South Korean crypto exchanges have been forced to update their terms and conditions to accept liability for potential hacks and service issues.

Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use

| Benedict Alibasa

The Bangko Sentral ng Pilipinas will continue to regulate cryptocurrency use in the country, senior officials have said.

NEO Releases Detailed Financials Ahead of Cryptocurrency Relaunch

| Leigh Cuen

Many of the companies associated with NEO have proven to be a lucrative boon for token cofounders Erik Zhang and Da Hongfei.

Japan’s Crypto Traders May Face Closer Scrutiny Over Tax Avoidance

| Daniel Palmer

Japanese tax authorities are said to be planning to take action on the under-reporting of cryptocurrency-based profits.

BitConnect Promoter Wanted Over Another Alleged Crypto Scam

| Benedict Alibasa

A promoter of the now-shuttered crypto fraud BitConnect has again been charged over a different claimed cryptocurrency scam.

China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants

| Wolfie Zhao

Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.

Rakuten Brings in Compliance Partner for New Crypto Exchange

| Yogita Khatri

E-commerce giant Rakuten has partnered with blockchain analytics firm CipherTrace to ensure AML compliance for its soon-to-launch exchange platform.

Korean Government Plans Action Over Risks of Resurgent Crypto Market

| Daniel Palmer

With the price of bitcoin surging, the South Korean government has held an inter-agency emergency meeting over the risk for investors.

singapore, asia

Security Token Platform iSTOX Admitted to Central Bank Sandbox

| Yogita Khatri

iSTOX, a Singapore Exchange-backed security token platform, has joined a regulatory sandbox set up by Singapore's central bank.