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Asia's Weekly Top 10 Crypto News (Apr 22 to Apr 28)

Apr 28, 2024

  1. Hong Kong Bitcoin and Ethereum Spot ETF to Launch on April 30

The Hong Kong Stock Exchange included ETF shares in the Central Clearing and Settlement System for multiple counter-party eligible securities. Shares from HashKey Bitcoin ETF, HashKey Ethereum ETF, Chinese AMC Bitcoin ETF, Ethereum ETF, Harvest Bitcoin Spot ETF, and Ethereum Spot ETF are set to be listed soon.

  1. Russian Duma Lawmakers Consider Banning Cryptocurrency Exchanges

After the raid on Beribit's offices, Russian officials introduced a bill to ban domestic cryptocurrency exchanges but allow registered trading and mining companies to operate. The bill also prohibits cryptocurrency advertisements.

  1. China’s Securities Regulatory Commission Investigates Alleged Serious Violations by Yao Qian

Yao Qian, a prominent blockchain supporter, is under investigation for serious disciplinary and legal violations by the China Securities Regulatory Commission.

  1. Indonesian President: Strengthen Monitoring of Cryptocurrency and NFTs for Money Laundering

President Joko Widodo urged monitoring of cryptocurrencies and NFTs for money laundering during an anti-money laundering event in Indonesia.

  1. Thailand SEC Decides to Block Unauthorized Cryptocurrency Platforms

To address cybercrime issues, Thai authorities plan to block unauthorized cryptocurrency platforms and have previously blocked exchanges like Binance and Bybit.

  1. Philippines SEC: Takes Action to Remove Binance App from Google and Apple App Stores

The Philippine SEC removed the Binance app from app stores due to unauthorized cryptocurrency services raised concerns.

  1. Worldcoin Advocates Sam Altman and Alex Blania Meet with Malaysian Government

Sam Altman and Alex Blania from Worldcoin held discussions with Malaysian leaders to enhance government relations while focusing on user data protection.

  1. Upbit Accounts for Over 80% of South Korean Trading Volume, Ranks Among Global Top Five Exchanges

Upbit dominates South Korean trading volume, ranking among the top five global exchanges like Coinbase.

  1. Founder of Taiwan Cryptocurrency Exchange ACE Exchange and Others Indicted for Alleged NT$800 Million Fraud

ACE Exchange founder and others face fraud and money laundering charges with over 1,200 victims affected.

  1. Weibo User “时帝” Investigated by Police for Participating in Perpetual Contract Rebates, Currently on Bail

A Weibo user was investigated for his involvement in perpetual contract rebates and online gambling, currently out on bail.

Source: The Bit Times article

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