According to Cointelegraph, the Chinese Ministry of State Security warned that it monitors blockchain and cryptocurrency activities for signs of espionage by foreign agents. The statement emphasized vigilance regarding digital financial technologies used by potential spies.
In Asia, Singapore’s crypto economy expanded by 55 percent year‑over‑year. South Korea is preparing legislation that would legalize the role of market makers in its cryptocurrency markets.
The developments highlight heightened regulatory scrutiny in China and growing economic activity in Singapore while South Korea moves toward formal recognition of market‑making participants in crypto trading.
