WuBlockchain
Asia is moving on several fronts of crypto policy. The PBOC plans to probe Solana's Lujiazui advertising campaign, South Korea is pushing its crypto gains tax framework toward 2029, the Bank of Russia is opening BTC, ETH and USDT to retail investors, and Hong Kong plans to license crypto custody services.
Why it matters
The week combines wider access with closer regulatory oversight. Russia's retail offering and Hong Kong's custody licensing framework support institutional adoption, while the PBOC probe and South Korea's tax proposal raise the compliance burden for market participants.
Market impact
For investors and financial institutions, the combination matters as much as any single measure. New custody channels and retail participation can broaden the market, but taxation and advertising scrutiny raise the cost of operating across jurisdictions.
Source: [Asia's weekly TOP10 crypto news: PBOC to Probe Solana's Lujiazui Ad Campaign, South Korea Pushes Crypto Gains Tax to 2029 and Top10 News — Wu Blockchain](https://wublock.substack.com/p/asias-weekly-top10-crypto-news-pboc)
Frequently asked questions
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Which crypto assets will the Bank of Russia open to retail investors?
Retail investors will gain access to BTC, ETH and USDT under the Bank of Russia's expanded offering.
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What is the PBOC investigating in Solana's Lujiazui campaign?
The PBOC plans to probe Solana's advertising campaign in Lujiazui, adding advertising scrutiny to Asia's broader crypto oversight agenda.
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How is Hong Kong expanding its crypto market structure?
Hong Kong plans to license crypto custody services, establishing a formal regulatory channel for institutions that hold digital assets.
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What is South Korea's proposed crypto gains tax change?
South Korea is pushing its crypto gains tax framework toward 2029, extending the policy horizon for taxation of digital-asset gains.
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What is the broader investor takeaway from Asia's crypto policy moves?
The policy direction is mixed: retail access and custody licensing are expanding, while tax enforcement and advertising probes raise compliance requirements.
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