This Week In Crypto Asia: UAE Streamlines Crypto Oversight, India Cracks Down On Crypto Scammers

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Another week ended, bringing enormous changes in the Asian cryptographic landscape. From regulatory changes and bringing the heat to cryptographic scammers to the collection of capital, many things happened this week in the Asian cryptographic panorama. Here are the first three trolleys. The vara and run of the United Arab Emirates come together to simplify … Read more

South Korea Cracks Down On 17 Crypto Exchanges

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South Korean organizers asked Google to prevent access to 17 encryption exchanges. The affected exchanges include Kucoin, Mexc, PhenEx, Coinex, Poloneix and more. β€œThe Financial Intelligence Unit (FIU) has identified the non-reported companies abroad (16 companies in 2022, 6 companies in 2023) and provide instructions to provide reporting companies to refrain from doing business with … Read more

South Korea Cracks Down On KuCoin And BitMex Among Other Crypto Exchanges

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The Financial Intelligence Unit (FIU) in South Korea, which falls within the framework of the Financial Services Committee (FSC), has started enforcement procedures against many encrypted currency exchanges, including Kucoin and Bitmex, to work in the country without registration as virtual asset services provider (VASPS) under South Korea’s financial information law. According to local media … Read more