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South Korea announced in January that it would gradually lift the de facto ban preventing institutional investors from investing in crypto.

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Japan currently imposes taxes of up to 55% on crypto gains as cryptocurrency is classified as miscellaneous income.

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The crypto unit of SBI Group said it is the first in the country to complete such registration to process USDC transactions.

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The judiciary authorities urged further study on practical solutions for handling cases involving cryptocurrencies.

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Major crypto firms in Hong Kong are in active discussions with the SFC to expand product offerings, including ETF staking.

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Under the new roadmap, the SFC also plans to establish licensing regimes for over-the-counter crypto trading and custodian services.

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Coinbase is working on returning to the Indian market, TechCrunch reported, citing sources familiar with the matter.

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The FSC will allow local exchanges to sell their crypto, received as fees, for cash to cover operating costs such as payroll and taxes. 

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The crypto exchange apps targeted are Bybit, MEXC Global, LBank Exchange, KuCoin and Bitget, according to Nikkei.

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The regulator proposed eight new headcounts for crypto regulatory regimes, market surveillance and enforcement investigations.

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The Thai SEC is reportedly planning to launch a blockchain-based platform to boost the efficiency of the local capital market.

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A Legislative Council committee dedicated to the 'Stablecoins Bill' held a meeting on Tuesday with key government officials in attendance.