Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s financial intelligence agency has said. The Financial Intelligence Unit explained that its annual work plan incorporates...
The Philippine central bank plans to launch a digital currency within two years, offering a safer alternative to cryptocurrencies. The CBDC would use the Peso Real-Time Gross Settlement System, governed by the National Payment Systems Law,...
The UAE and China made the first cross-border transaction in renminbi, moving 50 million dirhams ($13.6 million) using the mBridge network. The network, which connects the central banks of Hong Kong, Thailand, the UAE and China,...
In a declining stock market, Chinese investors are increasingly turning to Bitcoin and other cryptocurrencies. Despite China's ban on cryptocurrency trading and mining, traders are finding creative ways to invest in digital assets. A report highlights...
According to a statement published on Friday, the move is part of the country's efforts to meet the various needs of industrial development and industrial management based on the opinions of "relevant" authorities in China.
New digital yuan run-score scam allows hackers to empty ATMs in China, highlighting money laundering risks. The criminal gang managed to steal over 10 million yuan from more than 900 accounts in just one month. Chinese...
South Korea's FSC warns against illegal exit and gambling via credit cards on overseas cryptocurrency exchanges. This strict stance comes in the wake of South Korea's $100 billion cryptocurrency surge, with 5,419 companies under scrutiny by...
For next year, Russia is preparing to implement a cryptocurrency law, announcing that it will allow cross-border payments.
In an interview with the Russian newspaper Izvestia, the Chairman of the Russian State Duma...
Digital asset exchanges in Thailand have more than 2.94 million user accounts, making up 4.27% of the total population, as well as exceedingly more than half of the 5.5 million accounts in the exchange market values.
The United States, South Korea and Japan met to address increasing cryptocurrency thefts perpetrated by North Korea.
National security officials from the United States, South Korea and Japan met in Seoul, South Korea....