The Hong Kong Monetary Authority announced the formation of an expert group to advance the development of tokenized bonds.
The judge's remark builds on a February joint notice that broadened the country's crackdown on crypto-related activities.
Indonesia blocked Polymarket over online gambling concerns as regulators widen global scrutiny of prediction market platforms.
The petitioner said taxing cryptocurrency gains while abolishing taxes on traditional investments is unfair.
Kraken parent Payward secured preliminary VARA approval in Dubai, opening a pathway to expand regulated crypto services in the UAE.
A Myanmar bill proposes the death penalty for scam coercion and life imprisonment for crypto-related offenses.
Crypto.com's UAE entity became the first VASP to receive a UAE central bank SVF license tied to Dubai government crypto payment services.
South Korea's financial watchdog issued the suspension in March, alongside a 36.8 billion won ($25 million) fine.
HSBC and Anchorpoint Financial both clarified that they have not launched any stablecoins in Hong Kong, but plan to do so this year.
South Korea's Ministry of Finance and Economy is launching a new pilot to substitute government expense credit cards with deposit tokens.
The State Bank of Pakistan ended a 2018 ban, allowing regulated entities to open accounts for licensed virtual asset service providers.
Crypto exchange Coinone has been fined $3.5 million and hit with a three-month partial suspension over AML violations in South Korea.
South Korea’s ruling party has also reportedly proposed banning yield on stablecoins, amid ongoing debate in the U.S.
Dubai’s VARA issued new rules mandating governance, disclosure and risk controls for VASPs offering crypto derivatives and exchange services.
Vietnam plans to restrict citizens from overseas crypto trading as banks and brokerages compete for new domestic licenses.
HKMA Chief Executive Eddie Yue said last month that the regulator had received 36 applications under the new framework.
Pakistan passed the Virtual Assets Act, establishing a statutory digital asset regulator and introducing criminal penalties nationwide.
If enacted, the limit would force most major exchanges in the country to undergo significant ownership restructuring.
Bank of Japan Governor Kazuo Ueda said a sandbox is underway to test whether central bank money can operate in blockchain-based systems.
Minister of Finance Koo Yun-cheol stated that the government will urgently review how public institutions manage seized cryptocurrencies.
Influencers would be required to reveal compensation tied to their recommendations, and the crypto assets they personally hold.
Financial Secretary Paul Chan said the first licenses for fiat-referenced stablecoin issuers are expected to be approved in March.
The licence allows the firm to offer regulated virtual asset services in and from Dubai for global institutional and qualified investors.
This follows the Thai Cabinet's approval of a proposal to align the derivatives market with international standards.
Hong Kong SFC issued guidance allowing licensed brokers to provide financing for crypto asset trading using a broader range of collateral.
The Financial Supervisory Service said it will tighten crypto oversight and toughen penalties for IT-related accidents, Yonhap reported.
The Avalanche Policy Coalition unveiled a new advisory council, led by Ava Labs General Counsel Lee Schneider.
Japan's FSA has opened a consultation on draft rules defining which bonds are eligible for stablecoin reserves under 2025 law amendments.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
SEC Deputy Secretary-General Jomkwan Kongsakul reportedly said crypto ETFs appeal to investors by eliminating wallet security risks.