Crypto / Digital Assets

Crypto / Digital Assets

India Cracks Down on Tax Evasion Linked to Virtual Assets

By Nithya Subramanian | 12/12/2025

India has intensified its crackdown on undisclosed crypto income, uncovering major tax evasion, tightening reporting rules, and expanding AML oversight of virtual asset platforms.

AML / KYC

FATF Praises AML Reforms in New Mutual Evaluation Report for Malaysia

By Manesh Samtani | 12/12/2025

Malaysia is praised for post-1MDB reforms but must now increase convictions and strengthen sanctions under a three-year action plan.

Enforcement

Experts Urge Overhaul of Risk-Based Approach, AML Enforcement

By Manesh Samtani | 12/12/2025

At the Basel AML Index launch, speakers from the Wolfsberg Group and ECB called for better enforcement and a more proportionate risk-based approach.

Crypto / Digital Assets

Korea's Upbit Raises Cold Storage Ratio to 99pc After Hack

By Sanday Chongo Kabange | 11/12/2025

The country's largest crypto exchange is moving nearly all customer assets offline in response to a major security breach and tightening regulatory scrutiny.

Securities / Derivatives

Geopolitical, Cyber Risks Remain Top Threats for 2026: DTCC Survey

By Manesh Samtani | 11/12/2025

The annual survey shows top concerns unchanged, while highlighting regional differences and emerging AI risks for the global financial system.

Crypto / Digital Assets

Japan Publishes Final Working Group Report on Future of Crypto Regulation

By Sanday Chongo Kabange | 11/12/2025

The plans would bring crypto-assets under the securities law framework, introducing an insider trading ban and stricter rules for firms.

Crypto / Digital Assets

Korea to Impose Bank-Level Liability on Crypto Exchanges After Hack

By Sanday Chongo Kabange | 11/12/2025

Regulators are pushing for no-fault compensation and tougher penalties for crypto platforms following a multi-million dollar cybertheft at Upbit.

Crypto / Digital Assets

Malaysian Royal Launches First Ringgit-backed Stablecoin

By Nithya Subramanian | 10/12/2025

RMJDT, issued by Bullish Aim on the Zetrix national blockchain, aims to boost cross-border ringgit use and attract foreign investment, marking a major step in Malaysia’s digital asset and Web3 strategy.

Crypto / Digital Assets

Hong Kong Consults on Crypto Tax Reporting Framework, Stricter FI Penalties

By Sanday Chongo Kabange | 10/12/2025

The plan includes mandatory registration for crypto service providers and financial institutions, with automatic data exchange scheduled to begin in 2028.