Hong Joon-pyo, a presidential primary candidate for the country's right-wing party, previously called for pro-innovation policies.
Chinese local governments have been selling confiscated crypto assets amid a slowing economy, Reuters reported.
The Financial Services Commission said that 14 crypto apps, including KuCoin and MEXC, have been removed from Apple's domestic App Store.
The plan is expected to help the country overcome the challenge of having leftover energy amid high electricity tariffs.
Banking executives gathered with lawmakers to request more flexibility in regulations over their collaboration with crypto firms.
The Hong Kong FSC's staking guideline is part of the government's roadmap to develop the region's crypto framework.
Unlocking the local market would further boost the USD stablecoin market and revitalize the South Korean crypto industry, one analyst said.
Taiwan's top financial regulator and a lawmaker have each drafted separate versions of a special crypto act.
The country aims to add insider trading regulations on crypto-related companies following a rise in scam reports, Nikkei said.
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The Bank of Korea cited bitcoin's volatility and IMF guidelines as the reasons for its decision not to review.
The Central Bank of Russia announced a new proposal to allow qualified investors to trade crypto in a three-year experimental timeframe.
South Korea announced in January that it would gradually lift the de facto ban preventing institutional investors from investing in crypto.
Japan currently imposes taxes of up to 55% on crypto gains as cryptocurrency is classified as miscellaneous income.
The crypto unit of SBI Group said it is the first in the country to complete such registration to process USDC transactions.
The judiciary authorities urged further study on practical solutions for handling cases involving cryptocurrencies.
Major crypto firms in Hong Kong are in active discussions with the SFC to expand product offerings, including ETF staking.
Under the new roadmap, the SFC also plans to establish licensing regimes for over-the-counter crypto trading and custodian services.
Coinbase is working on returning to the Indian market, TechCrunch reported, citing sources familiar with the matter.
The FSC will allow local exchanges to sell their crypto, received as fees, for cash to cover operating costs such as payroll and taxes.
The crypto exchange apps targeted are Bybit, MEXC Global, LBank Exchange, KuCoin and Bitget, according to Nikkei.
The regulator proposed eight new headcounts for crypto regulatory regimes, market surveillance and enforcement investigations.
The Thai SEC is reportedly planning to launch a blockchain-based platform to boost the efficiency of the local capital market.
A Legislative Council committee dedicated to the 'Stablecoins Bill' held a meeting on Tuesday with key government officials in attendance.