Asia Pacific


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North Korea Set Up a Blockchain Firm to Launder Crypto to Cash: UN

North Korea set up a Hong Kong blockchain firm in a bid to to launder stolen cryptocurrency and avoid sanctions, the UN has reportedly said.

North Korea military parade

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Only 1 Crypto Fund Has Passed Hong Kong's SFC Regulatory Hurdles in First Year

Only one financial fund has passed Hong Kong's framework for digital asset investments.

Hong Kong flag (Shutterstock)

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Bitcoin Dissident Sees Dark Warnings in China's Blockchain Push

Grave concerns about the evolution of blockchain technology from someone who lived in China and used bitcoin for its censorship-resistant value.

china-facial-recognition

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'Clicks and Bricks' Strategy to Drive Korean Users to Terra's Blockchain

Terra Blockchain's CHAI dapp is rolling out a back-to-basics "clicks and bricks" growth strategy to boost retail adoption in South Korea.

shutterstock_754762402

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Chinese State-Owned Media Try to Dampen Market's Crypto Enthusiasm

Chinese state-backed media are warning investors to remain rational amid a spike in interest in crypto companies.

China stocks

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China Announces New Regulatory Authority to Certify Digital Payments, Blockchain Products

China’s central bank will certify a list of fintech product types that are widely used for digital payment and blockchain services with its verification system.

digital payment

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Tencent to Lead Drafting of International Blockchain-Based Invoice Standards

The internet giant, which has been working on blockchain-based invoices for some time, will lead the development of new standards.

Tencent

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Ex-Official Trolls Libra, Says China Likely to Issue Digital Currency First

China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed.

China Libra

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Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers

Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday.

China Shelf, from Chippendale Drawings

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Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption

A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance.

china, yuan