Asia

Thailand’s Supreme Court Finally Recognizes Bitcoin (BTC) as Property Under Existing Civil and Criminal Law

On October 28, 2026, Thailand’s Supreme Court, sitting in full bench, issued Judgment No. 4929/2569 confirming that Bitcoin qualifies as property capable of supporting criminal liability for robbery and related offenses. The decision, summarized in the court’s selected-judgment series and accessible through the official Supreme… Read More

Indonesian Crypto Exchange Indodax Temporarily Suspends Deposits and Withdrawals Following Detected Rise in Cyberattack Attempts

One of Indonesia’s largest cryptocurrency exchange, Indodax, has temporarily paused deposit and withdrawal services for both Indonesian rupiah and digital assets. The move is a precautionary security response after the platform identified a noticeable increase in attempted cyber intrusions. CEO and co-founder William Sutanto stated… Read More

Singapore Police Force Warns of Tampered Ledger Hardware Wallets Linked to Appr. S$3.5 Million in Losses

The Singapore Police Force (SPF) has issued a public advisory highlighting recent incidents involving compromised Ledger cryptocurrency hardware wallets. Since 10 September 2026, authorities have received reports of at least two cases in which individuals suffered combined losses of approximately S$3.5 million after purchasing the… Read More

U.S. Unveils Over $44 Million Package to Counter Pacific Crime Networks with $5 Million for Cryptocurrency Tracing Training

The Trump Administration has detailed a set of new initiatives totaling more than $44 million to confront transnational criminal organizations active across the Pacific region. These efforts, announced in connection with the inaugural U.S.-Pacific Islands Conference of Police Ministers held in Los Angeles on October… Read More

Chinese National Arraigned in California After Extradition in Alleged $36.9 Million Crypto Investment Scheme

A 44-year-old Chinese national, Zheng Zhao, appeared in federal court in the Central District of California on October 23, 2026, following his extradition from the Netherlands. Prosecutors allege he participated in a transnational cryptocurrency investment fraud operation run out of scam centers in Cambodia that… Read More

APEC Finance Ministers Call For Regional Cooperation Amid Trade Uncertainty

Finance ministers from Asia-Pacific economies called for stronger regional cooperation to sustain trade and investment flows amid geopolitical tensions and uncertainty over trade policies, following a two-day meeting in Hong Kong. The Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting, held on October 20-21 for the… Read More

BlackRock, SBI Holdings, Startale to Explore Linking Tokenized Money Market Funds with Yen Stablecoin JPYSC

SBI Holdings, Inc. (TYO: 8473) and Startale Group Pte. Ltd. announced that they had entered into a memorandum of understanding with BlackRock Financial Management, Inc. and BlackRock Japan Co., Ltd. The agreement focuses on examining the creation of a digital asset ecosystem that would connect… Read More

Thailand Launches WORPT Wallet Allowing Travelers to Spend Stablecoins via PromptPay

A Thai partnership has introduced a new digital wallet application that lets visiting travelers convert popular stablecoins into local currency and settle everyday purchases through the country’s widely used QR PromptPay system. The service, called WORPT, became available under Thailand’s Tourist DigiPay regulatory sandbox after… Read More

China Sets 2030 Target for Completing National Blockchain Network Under New Informatization Plan

China’s Central Cyberspace Affairs Commission has outlined a target for the national blockchain network to reach a largely completed state by 2030. This objective appears in the National Informatization Plan for the 15th Five-Year Period, a document that maps priorities for digital development across the… Read More

Singapore Wealthy Clients Hold Most Assets In Cash Despite Rising Mutual Fund Uptake: Citi

Singapore’s wealthy investors are increasing their use of mutual funds, but cash and liquid deposits still account for more than 70% of their assets, highlighting the scope for greater investment diversification, according to a report by Citi Wealth and research firm RFI Global. Average assets… Read More

Robinhood Markets Secures Dubai Approval to Offer Bitcoin, Crypto, and Stock Trading in the Middle East

Robinhood Markets (NASDAQ: HOOD) has secured regulatory clearance from the Dubai Financial Services Authority (DFSA) to introduce its retail brokerage platform across the Middle East, establishing operations inside the Dubai International Financial Centre (DIFC). The approval covers both trading and custody services spanning all ten… Read More

Chainlink and LG CNS Partner to Strengthen South Korea’s Regulated Digital Asset Framework

Oracle network provider Chainlink and LG CNS, the information technology and AI transformation subsidiary of South Korea’s LG Group, announced a strategic partnership aimed at advancing the country’s regulated digital asset infrastructure. LG CNS serves as the primary technology contractor for the Bank of Korea’s… Read More

Singapore, Malaysia and Thailand Central Banks Join Digital Money Initiative

The central banks of Malaysia and Thailand have joined the Monetary Authority of Singapore’s (MAS) BLOOM initiative to develop common approaches for using digital money in cross-border transactions, according to an announcement. The development comes as financial institutions explore tokenised deposits and regulated stablecoins. The… Read More

ZachXBT Challenges CoinDCX Over Continued Use of Compromised Deposit Address, Citing $15.8 Million in Unaccounted Deposits

On-chain investigator ZachXBT has raised fresh questions about the Indian cryptocurrency exchange CoinDCX, asserting that a deposit address previously linked to a 2025 security incident remained active for months afterward and continued handling user funds. In a post on X dated October 22, 2026, ZachXBT… Read More

South Korea’s Crypto Regulatory Framework Nears Final Stage as Tax Timing Debate Intensifies

South Korea’s top financial regulator has signaled that consultations on a comprehensive digital asset law are approaching their conclusion, even as lawmakers and market participants step up pressure over the timing of a long-postponed tax on cryptocurrency gains. On October 22, 2026, during a comprehensive… Read More

IFC Proposes Up To $30 Million For Unloq-Backed Trade Finance Programme

The International Finance Corporation (IFC) is proposing to invest up to $30 million in a $500 million asset-backed securitisation programme to expand supply chain financing for small and medium-sized businesses across Asia Pacific. According to a project proposal seen by CrowdFund Insider, the investment,  would… Read More

HKMA Expands Offshore Yuan Liquidity Scheme, Names 12 Banks As Providers

The Hong Kong Monetary Authority (HKMA) will increase the liquidity available to banks participating in its offshore yuan market scheme to 22 billion yuan ($3.1 billion) from 20 billion yuan, appointing 12 banks as primary liquidity providers for a new two-year term. The designations will… Read More

Revolut In Active Talks Over Philippine Digital Banking Licence

British fintech Revolut is in active discussions with the Bangko Sentral ng Pilipinas (BSP) about securing a digital banking licence in the country, a senior central bank official said. Lyn I. Javier, BSP deputy governor and head of its Financial Supervision Sector, said talks with… Read More

Chinese Artificial Intelligence (AI) Firm DeepSeek Reports $15B Funding Round

Chinese artificial intelligence company DeepSeek has completed a major capital raise totaling roughly 100 billion yuan, equivalent to about $15 billion, according to a Bloomberg report citing people familiar with the matter. The Hangzhou-based startup increased its fundraising goal more than once during investor discussions,… Read More

China’s Moonshot AI Unveils Kimi K3.1 Pro, Challenging US Frontier Models on Coding, Agents, Finance

Moonshot AI, the Beijing-based artificial intelligence startup, has introduced Kimi K3.1 Pro as the opening model in its K3.1 series. The company positions the system as its most capable open-weight offering in the roughly three-trillion-parameter class to date. The release builds directly on the earlier… Read More