The Japanese government said today that inspections will take place at 15 unlicensed cryptocurrency exchanges in light of a recent major hack.
Since Coincheck partially resumed business activities following its recent hack, investors have flocked to withdraw millions from the exchange.
Japan’s financial regulator has issued a warning to a foreign cryptocurrency service firm that allegedly offers unlicensed financial instruments.
South Korea has doubled down on its commitment to eliminating the use of cryptocurrency in illicit activities, but played down more serious proposals.
South Korea is considering adopting a system similar to New York’s “BitLicense” for the regulation of cryptocurrency exchanges, a report states.
A report from China’s Beijing News says copywriters in China are offering to fabricate ICO white papers for a fee.
China’s state-owned news agency is taking aim at over-the-counter and crypto-to-crypto trading that still remains active in the country.
The chairman of India’s Central Board of Direct Tax says the agency is sending notices to crypto investors that haven’t declared their gains.
Bithumb is now accepting new investor registrations after a successful integration of “know-your-customer” procedures.
Following the Coincheck hack, Japan’s Financial Services Agency is widening its on-site inspections to other cryptocurrency exchanges in the country.
Singapore’s deputy prime minister has said there’s “no strong case” to ban cryptocurrency trading in the country in response to lawmakers.
A senior official from Taiwan’s executive branch has cautioned on the potential impact of cryptocurrencies on the island’s financial stability.
Members of Singapore’s parliament have asked if the government will reconsider the country’s stance on cryptocurrency regulation.
Chinese regulators are stepping up a crackdown that began last year on websites for cryptocurrency trading and investing, according to local reports.
The Philippines’ Department of Justice has ordered an investigation over the alleged misrepresentation of the senate president by a crypto firm.