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Philippine AMLC Freezes Crypto Wallets Linked to Government Corruption
The Philippine Anti-Money Laundering Council (AMLC) has successfully obtained a court order to freeze a vast network of financial assets, including 25 virtual asset wallets, allegedly linked to large-scale corruption an…
Hong Kong SFC Flags FNXAI Tokens as Suspicious Investment Products
The Hong Kong Securities and Futures Commission (SFC) has officially expanded its regulatory warning list to include FNXAI and 1FNXAI tokens. On October 2, 2026, the regulator alerted the public that these digital asset…
Hong Kong SFC and HKICPA Enhance Audit Oversight for Crypto Platforms
The Securities and Futures Commission (SFC) of Hong Kong and the Hong Kong Institute of Certified Public Accountants (HKICPA) have signed a new Memorandum of Understanding (MOU) to bolster the regulatory framework gover…
South Korean Crypto Trading Declines 50% Amid High User Concentration
The South Korean virtual asset market has experienced a significant contraction, with trading volumes plummeting by more than 50% over the past year. Despite this decrease in overall market activity, new data reveals an…
South Korean Crypto Tax Deferral Petition Reaches 50,000 Signatures
A public petition in South Korea calling for a two-year postponement of the taxation on virtual assets has officially surpassed the 50,000-signature threshold. This milestone, reached on September 14, 2026, triggers a m…
South Korean Petition for Crypto Tax Delay Nears Parliamentary Threshold
A public petition in South Korea calling for a two-year postponement of virtual asset taxation has garnered significant momentum, collecting over 32,000 signatures to date. The movement seeks to delay the implementation…
South Korea to Implement Fast-Track Crypto Asset Seizure Rules
The South Korean judiciary is moving toward a more structured legal framework for the recovery of digital assets in civil litigation. A proposed amendment to the Supreme Court’s Civil Execution Rules aims to streamline …
South Korea to Compensate Virtual Asset Victims of Voice Phishing Scams
South Korea’s Financial Supervisory Service (FSS) has officially initiated a technological overhaul to integrate digital assets into its national financial fraud compensation framework. Launched on August 6, 2026, the "…
South Korea to Implement Crypto Tax in 2025 Without Further Delay
The South Korean Ministry of Economy and Finance has officially finalized the 2026 Tax System Revision Bill, notably excluding any further provisions to postpone the taxation of virtual assets. According to reports from…
South Korea Launches 41-Member Task Force to Track Crypto Drug Crimes
The South Korean National Police Agency has officially inaugurated a specialized investigative unit comprising 41 expert personnel dedicated to tracking virtual asset transactions linked to illegal drug trafficking. Sta…