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Vietnam Proposes Digital Assets as Loan Collateral for Small Businesses
The Vietnamese Ministry of Finance has introduced a landmark proposal that could redefine the financing landscape for small and medium-sized enterprises (SMEs). According to a report by Viet Nam News, the government is …
KDAC to Manage Seized Crypto for Korea National Tax Service
The Korea National Tax Service (NTS) has officially appointed Korea Digital Asset Custody (KDAC) as the specialized service provider for the management and storage of seized virtual assets. This landmark agreement repre…
South Korean Crypto Trading Volume Drops to 10% of KOSPI Levels
The South Korean virtual asset market is experiencing a significant contraction in retail participation, with recent data revealing that domestic trading volumes have fallen to just one-tenth of the KOSPI’s turnover. Th…
South Korea Taps Private Custodians to Manage Seized Crypto Assets
The South Korean National Tax Service (NTS) has officially launched a pilot program to entrust the management and safekeeping of seized virtual assets to private cryptocurrency custodians. This initiative marks a signif…
South Korea to Implement Virtual Asset Tax on January 1, 2025
The South Korean government has officially confirmed its intention to proceed with the taxation of digital assets starting January 1, 2025. During a recent emergency discussion meeting, Moon Kyung-ho, the head of the in…
South Korea Moves to Tighten Crypto Foreign Exchange Regulations
The South Korean National Assembly’s Legislation and Judiciary Committee has officially passed an amendment to the Foreign Exchange Transactions Act, marking a significant shift in the country's oversight of digital ass…
Amber Premium Secures VASP License from Dubai’s VARA Authority
Amber International Holding Limited (NASDAQ: AMBR) has announced a significant regulatory milestone for its Middle Eastern operations. Its subsidiary, Amber Premium FZE, has been officially granted a Virtual Asset Servi…
South Korean Virtual Asset Complaints Surge by 1,000% in 2025
The South Korean Financial Supervisory Service (FSS) has released its "2025 Financial Complaint and Financial Consultation Trends" report, revealing a significant spike in grievances related to digital assets. According…
Pakistan Central Bank Ends 2018 Crypto Ban for Licensed VASPs
The State Bank of Pakistan (SBP) has officially authorized domestic banking institutions to provide services to licensed virtual asset service providers (VASPs), effectively reversing a restrictive policy maintained sin…
South Korea Proposes Independent Virtual Asset Market Regulator
A significant legislative shift is underway in South Korea as lawmakers seek to overhaul the oversight of the digital finance sector. Kim Nam-geun, a representative of the Democratic Party, has formally proposed an amen…