The rapid expansion of money market funds, hedge funds, private credit providers, pension funds and insurers is a growing concern for the Financial Stability Board

Thai officials have seized a luxury yacht, expensive cars, plots of land, plus millions in cash and stocks in listed firms allegedly linked to scam centre operators in Cambodia

The Myanmar military has been pushing an allied militia to suppress scam centres by the Thai border, after the US set up a 'Strike Force,' which is offering huge rewards

Authorities in multiple Asian states have seized assets totaling close to $700 million from the Prince Group since the US and UK governments imposed sanctions on the group in mid-October

Singapore has begun trialling a central bank digital currency (CBDC) and wants to trial tokenised MAS bills. It also has plans to regulate stablecoins

Tech giant made billions while failing to stop a flood of ads that exposed Facebook, Instagram and WhatsApp users to investment and e-commerce scams, fake ads and banned products, Reuters says

The Nikkei plunged by almost 7% from the record high reached on Tuesday, while South Korean shares dropped by 6.2%. Both markets clawed back some losses in afternoon trading.

Hong Kong's Securities and Futures Commission will relax rules to allow locally licensed virtual asset trading platforms to share global order books with affiliates overseas

The proliferation of scam centres in Southeast Asia will be a topic of hot debate at a UN cybercrime convention in Hanoi on Saturday and the ASEAN summit on Sunday

US indicts Chinese-Cambodian tycoon, accused of using his business group of running scam centres across Cambodia, seizes record amount of bitcoin

High-profile American speakers ramp up optimism at Token2049, where the future of digital assets seemed a long way from their government's shutdown

Thailand needs to monitor gold exports to Cambodia, to find out if they are connected to money laundering, the country's central bank chief has said