12-23
Indonesia's Financial Regulator Lists 29 Licensed Crypto Exchanges Under Regulation 23/2025
Indonesia's Financial Services Authority has published an official whitelist of 29 licensed crypto exchanges and platforms operating in the country, alongside stricter rules for digital asset derivatives. Under Regulation No. 23/2025, exchanges must avoid unapproved assets, use segregated margin mechanisms and require users to pass a knowledge test before trading derivatives, aiming to improve transparency and investor protection. The new framework is designed to give compliant platforms a competitive edge while supporting a more standardized and secure crypto market.
12-23
12-23
Hong Kong regulator weighs insurer crypto investments with 100% capital charge
Hong Kong's Insurance Authority is assessing a proposal to permit insurers to hold cryptocurrencies and invest in infrastructure while applying a 100% capital charge. The review forms part of an overhaul of the risk‑based capital framework, with industry feedback under consideration and a public consultation expected. The high charge is intended to enable diversification while tightly containing risk.
12-23
12-22
Nearly $50M USDt Lost in Address Poisoning Scam as U.S. Lawmakers Push Stronger Crypto Fraud Oversight
A crypto user reportedly lost close to $50 million in USDt in an address poisoning scam after copying a deceptive wallet address from past transactions, marking one of 2025's largest on-chain fraud losses. The victim had earlier sent a small test transfer to the correct address before mistakenly sending 49,999,950 USDt to the spoofed one. In reaction to rising crypto-related hacks and scams, U.S. lawmakers introduced the bipartisan SAFE Crypto Act to form a federal task force focused on curbing digital asset fraud and improving coordination among regulators and law enforcement.
12-22