Asia-Pacific

Customer ID Now Required for Crypto Exchange Purchases in Malaysia

| Wolfie Zhao

Malaysia's central bank is now requiring domestic crypto exchanges to comply with anti-money laundering and know-your-customer mandates.

japan, currency

Japan’s Finance Watchdog Eyeing ICO Regulation, Says Report

| Wolfie Zhao

Japan's financial regulator is reportedly mulling the creation of a regulatory framework for firms raising funds through initial coin offerings.

dragon, light

China’s Crypto Exchanges Didn’t Just Survive – They’re Thriving

| Wolfie Zhao

Months after China's government shut down domestic order book exchanges, the platforms that originally offered them are finding new ways to thrive.

Japan’s Exchanges Report 669 Cases of Suspected Crypto Money Laundering

| Wolfie Zhao

Japan's police agency has said hundreds of cases of suspected money laundering were reported from domestic cryptocurrency exchanges in 2017.

Report: Japanese Crypto Exchanges Unite to Form Self-Regulatory Group

| Daniel Palmer

A group of Japanese cryptocurrency exchanges is reportedly uniting to form a new self-regulatory body in the wake of the recent Coincheck hack.

South Korea to Support ‘Normal’ Crypto Trading, Says Finance Watchdog

| Daniel Palmer

South Korea's Financial Supervisory Service has reportedly said that the government will support "normal" cryptocurrency trading transactions.

Japan, flag

Japan’s Finance Watchdog to Inspect 15 Unlicensed Crypto Exchanges

| Daniel Palmer

The Japanese government said today that inspections will take place at 15 unlicensed cryptocurrency exchanges in light of a recent major hack.

Coincheck Exchange Sees $373 Million Withdrawn in One Day

| Wolfie Zhao

Since Coincheck partially resumed business activities following its recent hack, investors have flocked to withdraw millions from the exchange.

Japanese Watchdog Warns Crypto Firm Over Unlicensed Operation

| Wolfie Zhao

Japan's financial regulator has issued a warning to a foreign cryptocurrency service firm that allegedly offers unlicensed financial instruments.

Korean Government Remains Firm on Crypto KYC Mandate

| Wolfie Zhao

South Korea has doubled down on its commitment to eliminating the use of cryptocurrency in illicit activities, but played down more serious proposals.