News
South Korea's tax authority is looking to build crypto transaction tracking software that can help track potential tax evaders.
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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.
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Promoters of flagged platforms may face fines of up to 5 million Philippine pesos ($89,000) or up to 21 years in prison under Philippine securities law.
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The funding supports a dual-licensed platform as Malaysia expands its regulatory framework for digital assets and tokenization.
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The sandbox will test preset spending limits, timing controls and category restrictions for public sector expense payments.
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Thailand’s SEC proposes tightening funding rules for cryptocurrency companies to include anyone backing major shareholders, directly or indirectly.
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Prediction markets are expanding into Asia’s largest economies, but unclear legal definitions and strict gambling laws may limit how far they can go.
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Boyaa Interactive International is the 23rd-largest Bitcoin treasury and the third-largest in Asia, behind Japan’s Metaplanet and China’s Next Technology Holding.
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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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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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