Headlines

South Korea tightens crypto transfers to overseas exchanges

South Korea will tighten transfers between domestic crypto platforms and overseas exchanges or self-hosted wallets under anti-money laundering rules approved by the Cabinet on Aug. 11.  Summary South Korea approved new risk-based controls for transfers to overseas exchanges and self-hosted wallets Tuesday. Transfers worth 10 million won or more require exchanges to operate internal suspicious-transaction…

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DTI Issues Guidelines for Gov’t Procurement of Tech (such as Blockchain) That are Unavailable Locally

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. For years, Philippine government agencies aiming to deploy advanced technologies like blockchain or specialized artificial intelligence models faced the same legal wall: standard public procurement laws demanded local bidding for tools that domestic vendors simply…

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what the SEC’s 400 page proposal actually says

The SEC votes August 14 on its first formal crypto rulemaking. The proposal creates three exemption pathways, a decentralization off ramp for tokens, and a framework that could make congressional legislation optional. Here is what each provision means in practice. Summary The SEC will hold an open meeting on August 14 to vote on publishing…

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The Real Impact of Crypto Scams on PH Adoption

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. As cryptocurrency and web3 adoption continue to expand in the Philippines, the ecosystem faces a persistent challenge: the rise of crypto scams, rug pulls, and fraudulent schemes. While retail interest remains high, recurring security incidents…

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Regulators Target Goliath, CEO Delgado

SEC and CFTC accuse Goliath Ventures of misleading investors with crypto returns as CEO Delgado allegedly took $51 million personally. Goliath Ventures and its CEO, Christopher Alexander Delgado, are facing action from two US financial regulators over the same alleged crypto Ponzi scheme. The actions came two months after Delgado pleaded guilty to charges…

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