Philippine Central Bank Tightens Crypto Restrictions
- —Philippine Central Bank restricted operations in certain cryptocurrencies
- —Japan launched a tax system to detect undeclared crypto assets
- —South Korea plans tokenization of stocks, bonds and funds
- —Effective dates and thresholds will be set by national regulators
Why it matters: Tighter rules across Asia could weigh on trading volumes and force investors to reassess regional strategies.
Source: Coinfomania