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

About 20 companies and individuals in Southeast Asia have been hit with US sanctions in a bid to counter cyber scams aimed at American citizens

Head of the Financial Action Task Force says countries around the world must eliminate the problem of shell companies - or face greater monitoring. Countries in SE Asia seen as likely targets.

Rare earth mines in Myanmar's southern Shan state are poisoning rivers in northern Thailand with toxic chemicals, creating a health crisis for citizens and a Shinawatra government that may be on its last legs

City's stablecoin bill is set to take effect on Friday. And the first handful of licences for stablecoin issuers could be granted early next year

Leaders accept peace proposal, while debate rages on why fighting flared. Bangkok says it stems from a Thai crackdown on a notorious scam centre operator.

E-commerce giants are urging the central bank to authorise yuan-based stablecoins to counter the sway of US dollar-linked cryptocurrencies, but the PBOC fears it will be a huge regulatory challenge