News
South Korea’s tax agency is seeking a private custodian for seized crypto after a wallet seed phrase leak exposed government-held assets.
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Asia News
Asia is the largest part of the world by both population and territory, and consists of 54 countries. Over 60% of the world’s population lives there. Together with Europe, Eurasia comprises the largest continent across the globe. Over recent decades, the region has become very attractive in almost every way. It has a huge number of industries in all sectors, a cheap labor force, etc., which makes local companies very attractive for investors and in turn, also helps to benefit the Asian economy. As many countries are developing or are already developed in Asia, the stock markets of this region are currently operating as fast as the American stock markets. Besides that, people receive a high-leveled education that is also available for foreigners through special programs like the Asia Society and so on.
- News
The Web3 company will provide capital, advisory support and business development to help Avalanche projects scale, with a focus on real-world assets and digital identity.
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The ruling Democratic Party responded, saying it has not formed a consensus on abolishing the tax but will review the new proposal.
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Five companies, including bank affiliates and a major conglomerate, are competing for Vietnam’s first crypto exchange licences as authorities plan to restrict offshore trading.
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Hana Financial Group will collaborate with Standard Chartered on digital assets following its stablecoin partnership with USDC issuer Circle earlier in March.
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MetaComp’s Pre-A+ funding round, backed by Alibaba and Spark Venture, brings the total capital raised to $35 million, with aims to expand its StableX Network globally.
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The National Tax Service has opened a procurement bid for a platform to analyze crypto trading data and flag potential tax evasion.
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Authorities sold the recovered Bitcoin in small batches over 11 days to avoid disrupting the market, according to local media reports.
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A proposed law would require online investment influencers to reveal their holdings and paid promotions, with penalties potentially comparable to market manipulation violations.
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The Bank of Korea proposed a bank-led consortium and a statutory interagency body for issuer approvals, citing the US GENIUS Act as a model, according to local media.
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Japan’s SBI Holdings has signed a letter of intent to buy a controlling stake in Singapore-licensed crypto exchange Coinhako.
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Metaplanet reported about $40 million in operating profit but still recorded a $619 million net loss amid the Bitcoin price drop.
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Hong Kong’s SFC will allow licensed brokers to offer digital asset margin financing and set a framework for crypto perpetuals for professionals.
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Bitcoin’s double-digit rebound and brief trading above $72,000 may confirm $60,000 was the bottom, but data shows top traders are refusing to open longs.
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South Korea’s financial watchdog detailed planned investigations into high-risk trading tactics as it prepares the next phase of crypto regulation, Yonhap News Agency reported.
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