Singapore police warned the public about tampered Ledger devices three weeks after the Asia Express investigation was published, even though the issue had been reported a month earlier. Bank Negara Malaysia and the Bank of Thailand joined Singapore’s BLOOM initiative, which focuses on cross-border payments using stablecoins and tokenized deposits, while a DBS survey found that nearly 90% of businesses surveyed are adopting or interested in adopting tokenized cash. In South Korea, officials are considering delaying the cryptocurrency tax from January 2027 to 2029, plan a 22% tax on gains above 2.5 million won and intend to tighten stablecoin rules after data breaches at Bithumb, Daishin Securities and Mirae Asset. The United States sanctioned ten individuals and one entity involved in networks of Russian intermediaries helping North Korean IT workers cash out cryptocurrency. Hong Kong selected Solana Company, China set a national blockchain target for 2030 and Thailand’s Supreme Court ruled that bitcoin is property, while the WORPT wallet lets tourists convert stablecoins into baht for PromptPay QR payments.
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