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Asia · 167 articles

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🎉 Hong Kong🇭🇰: the regulator will issue the first licenses for the issuance, management, and redemption of stablecoins starting in March

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🎉 UAE🇦🇪: the Central Bank has approved the launch of USDU, a stablecoin by Universal Digital

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📢Thailand🇹🇭: the Central Bank plans to tighten rules governing cash withdrawals

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📢Thailand🇹🇭: the Central Bank plans to tighten rules governing cash withdrawals

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🎉 Thailand🇹🇭: local fintech holding SCBX develops a virtual bank with KakaoBank🇰🇷 and WeBank Technology Services🇨🇳

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☠️ In Singapore 🇸🇬, several major banks have introduced a new rule aimed at strengthening the fight against financial fraud.

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🤩 India🇮🇳: Regulator bans 25 crypto exchanges for AML non-compliance

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🏴‍☠️Turkey 🇹🇷: financial intelligence agency to gain authority to freeze crypto accounts

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💀Malaysia 🇲🇾: Communications and Multimedia Commission (MCMC) tightens measures against scams and illegal content

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😐 Sri Lanka 🇱🇰: cabinet approves gambling tax hike and higher casino entry fee for residents

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🙈Indonesia 🇮🇩: regulator’s digital crackdown targets gambling-related content

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😳Singapore 🇸🇬: convicted scammers to be banned from banking services and mobile access

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📢 Philippines🇵🇭set to become Asia’s second-largest gaming market (after Macau🇲🇴)

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📣Japan🇯🇵: Stripe Terminal will help companies integrate offline and online commerce channels

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⚠️South Korea 🇰🇷: lawmakers plan to restrict the use of gacha in online games

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