Asia-Pacific

Suspect Crypto Transactions Rise in Japan But Still Just 1.7% of Total

| Yogita Khatri

Reported suspicious crypto transactions soared in the first 10 months of 2018, but fiat is still vastly more popular in money laundering.

Security Token Offerings ‘Illegal,’ Says Beijing Financial Watchdog

| Yogita Khatri

The head of Beijing’s Municipal Bureau of Finance has warned that security token offerings (STOs) are "illegal" in the city.

Singapore’s Stock Exchange Clarifies Rules for Listed Firms Issuing ICOs

| Yogita Khatri

SGX has clarified the rules for publicly listed companies planning to conduct token sales.

Police Arrest 8 Over Alleged $68 Million Crypto Pyramid Scheme in Japan

| Yogita Khatri

Police in Tokyo have arrested eight men alleged to have run a cryptocurrency pyramid scheme that amassed about $68.70 million.

Bitmain Denies Reports CEO Jihan Wu Ousted from Bitcoin Miner’s Board

| Wolfie Zhao

Mining giant Bitmain says CEO Jihan Wu still serves on its board, despite media reports to the contrary.

Bitcoin Miner Canaan’s IPO Likely Delayed After Hong Kong Filing Expires

| Wolfie Zhao

Canaan Creative's IPO may be in doubt as the bitcoin mining firm's filing with the Hong Kong Stock Exchange has now lapsed.

Korean Lawyers Urge Government to Draw Up Blockchain Rules

| Yogita Khatri

The Korean Bar Association has called on the government to introduce blockchain regulations, ASAP.

Chinese School Principals Caught Mining Ethereum At Work

| Yogita Khatri

Two principals at a Chinese school got in hot water after installing ethereum miners at the institution, according to a report.

Hong Kong’s Securities Watchdog to Regulate Crypto Funds

| Yogita Khatri

Hong Kong's Securities and Futures Commission says it will bring crypto funds under its securities regulations to improve investor protection.

Indian Officials Met to Discuss Possible Ban on ‘Private Cryptocurrencies’

| Yogita Khatri

The Indian government is considering imposing a ban on what it calls "private cryptocurrencies," according to an official release.