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Asia Pacific
Coinrail Exchange Hacked, Loses Possibly $40 Million in Cryptos
South Korea-based Coinrail has not disclosed the exact amount lost in the breach, but data suggests the damage could be $40 million.
Crypto Exchange Bithumb Hit With Bill After Tax Investigation Ends
South Korean cryptocurrency exchange Bithumb has been found not guilty of tax evasion, but now faces a massive tax bill, according to reports.
Korean Police Allege Coinone's Crypto Margin Trading Is Illegal Gambling
A South Korean police department says execs at crypto exchange Coinone will be charged over claims its margin trading service is illegal gambling.
Japan to Deny Crypto Exchange Application in Regulatory First
The Financial Service Agency is reportedly planning to deny a registration application filed by a crypto exchange over KYC failings.
Chinese Firm Reportedly Nets $18 Million in 'Questionable' Token Sale
Despite China's 2017 ban on ICOs, a Chinese firm still appears to have openly promoted a token sale that reportedly raised $18 million.
Indonesian Regulator Gives Green Light for Crypto Futures Trading
Indonesia's futures watchdog has reportedly ruled that cryptos are commodities that can be traded on the country's futures exchange.
Stock Trading App Removes Crypto Price Tracking After Debut
A new service for tracking cryptocurrency prices on a popular stock trading app has become unavailable, possibly due to regulatory rumblings.
Hong Kong Official Rules Out Plan for Central Bank Digital Currency
Hong Kong's de facto central bank has no plan to issue a central bank digital currency (CBDC), a government official said on Wednesday.
Korea Seizes Bitcoin Worth $1.4 Million Following Supreme Court Ruling
South Korea's Supreme Court ruled Wednesday that cryptocurrencies can be forfeited in criminal cases, allowing the seizure.
Indian Telecoms Watchdog to Combat Nuisance Calls with Blockchain
India's telecoms regulator plans to leverage blockchain technology to combat unsolicited phone calls and SMS messages.
