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Regulation

Japan to revise digital asset exchange laws to plug Russia’s sanction evasion loophole
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1 April, 2022

Japan to revise digital asset exchange laws to plug Russia’s sanction evasion loophole

Top government officials have pledged to revise the Foreign Exchange and Foreign Trade Act to ensure Russia doesn’t get a...
Bank of Thailand to limit banks’ exposure to digital assets
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31 March, 2022

Bank of Thailand to limit banks’ exposure to digital assets

The central bank says it’s fully behind fostering the growth of the digital assets industry, but banks must be cautious...
Digital currency industry melts down ahead of key EU vote on non-custodial wallets
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31 March, 2022

Digital currency industry melts down ahead of key EU vote on non-custodial wallets

The new rules, if passed, would apply to ‘unhosted wallets,’ those being non-custodial third-party wallets such as Ledger, Tezos, and...
South Korean exchanges begin a new Travel Rule era, with DeFi and NFTs taking biggest hit
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31 March, 2022

South Korean exchanges begin a new Travel Rule era, with DeFi and NFTs taking biggest hit

All South Korean exchanges now adhere to the FATF Travel Rule, with transfers above $821 being flagged as DeFi and...
Vietnam’s deputy PM calls for legal framework targeting digital assets
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31 March, 2022

Vietnam’s deputy PM calls for legal framework targeting digital assets

Deputy Prime Minister Le Minh Khai appointed the Ministry of Finance to oversee digital assets and explore and amend laws...
BIS partners with Australia, Singapore on multi-CBDC platform pilot
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30 March, 2022

BIS partners with Australia, Singapore on multi-CBDC platform pilot

The Bank for International Settlements also partnered with South African and Malaysian central banks to develop the prototypes for an...
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