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Asia Pacific
Cloud Giant Xunlei Claims Blockchain Advance With 'ThunderChain'
China-based cloud network provider Xunlei has launched a blockchain platform, undeterred by ongoing allegations it held an unlawful ICO.
Bitcoin Pyramid Scheme Amassed $20 Million in South Korea
Two men in South Korea have been sentenced for building a bitcoin pyramid scheme that swindled around $20 million from investors.
Korea Moves to Limit Crypto Mining Chip Imports
Cryptocurrency miners in South Korea may soon find it more difficult to get foreign-made mining chips imported to the country.
Crypto Fraudsters Face Jail Time, Warns Philippines Securities Regulator
The Philippines SEC has issued a warning to the public to be cautious on 14 cryptocurrency investment schemes in the country.
Police Bust Alleged $13 Million Crypto Pyramid Scheme
Police in China have arrested the founders of a claimed cryptocurrency pyramid scheme that amassed $13 million from over 13,000 people.
Philippines Lawmaker Urges Senate to Expedite Crypto Crime Bills
A Philippines senator is seeking to speed up the passage of legislation that would increase the penalties for crimes involving cryptocurrencies.
Industry Group to Bring 'Order' to Korea's Crypto Exchanges
A South Korean blockchain industry organization has proposed a self-regulatory framework to set standards for the cryptocurrency exchange industry.
No Plans for National Cryptocurrency, Bank of Japan Official Says
The Bank of Japan said it has no plan to issue a central bank digital currency due to concerns over financial stability.
'Downright Fraud': Hong Kong Securities Watchdog Warns on ICOs
The deputy head of Hong Kong's Securities and Futures Commission has taken a skeptical tone in statements on initial coin offerings.
Bitcoin Miner Blames Trading Crackdown in China for Shooting
Toughened bitcoin trading rules in mainland China may have led to a Taiwanese bitcoin miner being shot by gangland investors, a report suggests.
