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

China extradites $14 billion crypto pyramid scheme mastermind from Thailand

Zhang, linked to a $14 billion crypto pyramid scheme, was extradited from Thailand, marking a significant event under the China-Thailand extradition treaty implemented since 1999.

theblock.co • 23/08/2024 - 08:22 AM

China heightens AML rulebook, making it easier to probe crypto-linked money laundering

China's legal authorities now classify virtual asset transactions as a means of money laundering, aiming to strengthen investigations while clarifying that cryptocurrency trading alone is not a crime.

theblock.co • 21/08/2024 - 09:49 AM

Malaysian authorities destroy over 900 bitcoin mining rigs amid power theft crackdown

Local police crushed the rigs with a steamroller — as shown in a video — as a warning that the authorities are continuing to crack down on electricity theft linked to bitcoin mining. The authorities destroyed $452,500 worth of mining machines on Monday, local media reported.

theblock.co • 21/08/2024 - 06:27 AM

ASIAN REGULATION

Hong Kong lawmaker calls for legal framework to regulate DAOs following Mantra's court case

Johnny Ng urges Hong Kong to regulate DAOs to support Web3 development after a court ruling on Mantra DAO's financial records disclosure.

theblock.co • 20/08/2024 - 07:33 AM

Malaysian authorities arrest seven individuals for power theft linked to bitcoin mining: report

Malaysian authorities arrested seven individuals for bitcoin mining-related electricity theft, seizing equipment valued at $57,000 amid a crackdown on power theft linked to crypto mining.

theblock.co • 19/08/2024 - 06:44 AM

Binance re-enters India after settling $2.25 million penalty with FIU

Binance has registered with India's Financial Intelligence Unit, enabling its operations in India after previous blocks, while affirming compliance with local regulations and laws.

theblock.co • 15/08/2024 - 07:43 AM

ASIAN REGULATION

ASIAN REGULATION

Hong Kong lawmaker advocates for including bitcoin in financial reserves following Trump’s speech

Hong Kong lawmaker Johnny Ng proposes including bitcoin in financial reserves, citing increasing global acceptance and potential benefits, following Trump's speech on strategic bitcoin reserves.

theblock.co • 29/07/2024 - 04:56 AM

China extradites $14 billion crypto pyramid scheme mastermind from Thailand

China heightens AML rulebook, making it easier to probe crypto-linked money laundering

Malaysian authorities destroy over 900 bitcoin mining rigs amid power theft crackdown

Hong Kong lawmaker calls for legal framework to regulate DAOs following Mantra's court case

Malaysian authorities arrest seven individuals for power theft linked to bitcoin mining: report

Binance re-enters India after settling $2.25 million penalty with FIU

Thailand launches crypto regulatory sandbox to ‘facilitate experiments’

Dormant wallets linked to PlusToken scam move large amounts of ether: analysts

HashKey's over-the-counter trading unit awarded Singapore's payment license

Hong Kong lawmaker advocates for including bitcoin in financial reserves following Trump’s speech

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