ASIAN REGULATION - Trade Savi - 360-degree view on crypto market

ASIAN REGULATION

Taiwan’s FSC to heighten scrutiny of crypto listings on exchanges in upcoming January rules, official says

Taiwan's financial watchdog will enforce new regulations for crypto asset providers in 2025, focusing on compliance, security, and transparency to combat illegal activities and enhance oversight.

theblock.co • 04/11/2024 - 04:22 AM

ASIAN REGULATION GEMINI

Gemini receives preliminary approval for MPI license in Singapore amid Asia expansion

Gemini has received approval for a Major Payment Institution license in Singapore, enhancing its expansion in Asia and commitment to providing secure crypto services in the region.

theblock.co • 30/10/2024 - 04:27 AM

ASIAN REGULATION

Hong Kong eyes tax breaks for crypto, more trading platform licenses by year-end: officials

The Hong Kong government’s Treasury chief said the city will extend existing tax concessions to cover cryptocurrency investments by the end of this year. The regulators also plan to approve more crypto asset trading platform licenses by the end of the year.

theblock.co • 28/10/2024 - 06:56 AM

ASIAN REGULATION

South Korea plans to impose reporting mandate for 'cross-border' crypto transactions: report

South Korea plans stricter regulations on cross-border cryptocurrency transactions to combat foreign exchange crimes, requiring pre-registration and monitoring, with legal updates expected by 2025.

theblock.co • 25/10/2024 - 02:42 AM

ASIAN REGULATION

Japan's DPP leader pledges 20% tax cap on crypto gains in policy pitch for upcoming election

Yuichiro Tamaki of Japan's DPP proposes reducing crypto taxation to 20% and eliminating taxes on crypto trades, aiming to boost trading volumes and the industry amid upcoming elections.

theblock.co • 21/10/2024 - 09:48 AM

ASIAN PARLIAMENTS ASIAN REGULATION SPOT BITCOIN ETF SPOT ETHEREUM ETF

South Korea to review lifting ban on spot crypto ETFs: report

South Korea's financial regulator re-evaluates the ban on local spot cryptocurrency ETFs and institutional accounts while investigating Upbit's dominance in the market.

theblock.co • 10/10/2024 - 08:58 AM

ASIAN PARLIAMENTS ASIAN REGULATION SPOT BITCOIN ETF SPOT ETHEREUM ETF

South Korea to review lifting ban on spot crypto ETFs: report

South Korea's FSC plans to reevaluate its ban on crypto ETFs and institutional trading, responding to political pressure while investigating monopolistic practices within the crypto exchange market.

theblock.co • 10/10/2024 - 08:58 AM

ASIAN REGULATION

Hong Kong regulator intends to approve more crypto exchange licenses in batches by year-end: report

Hong Kong's regulator has granted its third crypto exchange license, aiming for more approvals by year-end amid concerns about stringent regulations discouraging global exchanges.

theblock.co • 07/10/2024 - 09:02 AM

ASIAN REGULATION

Hong Kong regulator intends to approve more crypto exchange licenses in batches by year-end: report

Hong Kong's financial regulator licenses HKVAX as a crypto exchange, seeking to approve more platforms this year amid concerns over stringent regulations affecting global exchanges.

theblock.co • 07/10/2024 - 09:02 AM

ASIAN REGULATION

Taiwan's FSC drafts new crypto AML rules, requiring firms to register or face jail time

Taiwan's FSC drafts new AML regulations for crypto firms, requiring VASPs to register by September 2024 or face penalties, including imprisonment, to increase compliance and accountability.

theblock.co • 03/10/2024 - 07:13 AM

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