South Korea continues to enforce stricter rules on the cryptocurrency space with the latest legislation to classify exchanges as high-risk entities. The move comes as the Asian country aims to enhance the monitoring of financial transactions and user ID verifications.
The Korea Times reported that the Financial Services Commission (FSC), South Korea’s financial watchdog, has implemented a new classification on cryptocurrency exchanges.
According to the new legislation, trading venues will be placed in the same category as other high-risk organizations.…
BANDAR SERI BEGAWAN, Aug 9 (Reuters) – Brunei reported 42 new coronavirus cases on Monday, a record daily tally, following the detection over the weekend of the Southeast Asian country’s first locally transmitted COVID-19 cases in 15 months.
Brunei has implemented strict quarantine rules for inbound travellers and reported 406 infections since the onset of the pandemic. One cluster in the current outbreak was linked to a hotel quarantine centre, health minister Mohd Isham Jaafar said.
“Compared to the (outbreak)…
Historically, the United States has not had strong economic or diplomatic ties with Laos. Being one of the smaller economies among the Association of Southeast Asia Nations (ASEAN) and ruled by the communist Lao People’s Revolutionary Party (Lao PRP), Laos is largely considered a Chinese satellite state. However, Laos has been trying to attract foreign investment from other sources. The United States has an opportunity to reset its relationship with Laos and establish a future-oriented partnership based on economic development…
Bangladesh’s health care system is buckling under the ferocity of the country’s third, and by far deadliest, wave of coronavirus infections, and only 4 percent of the population is fully vaccinated. Yet the country of 165 million people lifted much of its lockdown on Wednesday.
Banks, shops and malls were allowed to reopen, and buses and trains were operating at half capacity. That followed the reopening of the garment industry, a mainstay of the economy, two weeks ago.
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(Bloomberg) — U.S. stocks set another record high even as the S&P 500 Index settles into the narrowest trading range since before the Covid pandemic roiled global financial markets. The dollar strengthened and Treasury yields were mostly higher.
(Bloomberg) — U.S. stocks set another record high even as the S&P 500 Index settles into the narrowest trading range since before the Covid pandemic…
A health worker wearing a protective suit labels a sample tube at the National Convention Center, the venue for the 13th National Congress of the Communist Party of Vietnam, during the coronavirus disease (COVID-19) outbreak in Hanoi, Vietnam January 29, 2021. REUTERS/Kham/File Photo
HANOI, Aug 12 (Reuters) – Vietnam’s government on Thursday said it was facing a tense situation over rising coronavirus cases and a shortage of vaccines, as the country saw another day of near-record cases from its longest…
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PHNOM PENH, Aug 12 (Reuters) – Cambodia started offering coronavirus vaccine booster shots on Thursday in a renewed public health drive after managing to inoculate more than half of its population.
One of Asia’s poorest countries, Cambodia is offering the AstraZeneca (AZN.L) vaccine as a third shot to those who have received the inactivated virus vaccines developed by Sinopharm (1099.HK) and Sinovac (SVA.O), with the aim of bolstering immunity against the COVID-19 Delta variant.
“This is for all of us…