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Asia Pacific
China Now Has a Way for the Public to Report Illegal Token Sales
A Chinese self-regulatory association is working to assist government agencies in cracking down on illegal token sales with a new reporting option.

New FSA Chief Rules Out 'Excessive' Regulation of Japan's Crypto Exchanges
The new commissioner of Japan's top financial regulator has spoken of the need for balance when regulating the country's cryptocurrency industry.

China Seeks to Block Access to 124 Foreign Crypto Exchanges
Days after shutting down several crypto media accounts on WeChat, Chinese regulators are seeking to block access to 124 overseas crypto exchanges.

Venues Banned from Hosting Crypto Events in Beijing's Finance District
Commercial properties in downtown Beijing have been ordered not to provide venues for events that promote cryptocurrency.

Thailand's Central Bank Is Developing a Digital Currency Based on R3 Tech
The Bank of Thailand is developing its own digital currency, aiming to complete a first proof-of-concept by March 2019.

District Judge Forms Blockchain Law Study Group in South Korea
A group of judges, lawmakers and industry experts in South Korea are forming a new law society to discuss legal issues surrounding blockchain.

SBI Holdings Again Invests in Crypto Exchange Under Scrutiny
SBI Holdings is making a new round of investment in a cryptocurrency exchange that's under increased scrutiny from the country's financial regulator.

Police Arrest Hackers Suspected of Stealing $87 Million in Crypto
Chinese police have arrested three individuals who allegedly stole bitcoin and other cryptocurrencies worth around 600 million yuan, or $87 million.

Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits
Several blockchain associations in South Korea are pushing back against a government proposal they fear will stifle industry innovation.

Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam
A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand.
