1 / 4 Relevant items tagged with #Asia

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Indonesian cryptocurrency transactions cross $30B for 2024

[Nov 29 5:11 PM] 2024 transaction totals are up more than 350% year-over-year, but still well below Indonesia’s 2021 highs.

Asia takes top spot for crypto developers; US declines

[Oct 31 12:05 PM] The geographic distribution of crypto developers often signals the regions poised to drive future blockchain innovation.

Chainlink Unveils 'Chainlink Runtime Environment,' Aiming for Better Blockchain Workflows

[Oct 30 1:36 PM] Chainlink hopes CRE will be as important for Web3 as COBOL and JavaScript, which were important for automating finance and bringing it to the internet.

Binance Unveils 'Binance Wealth' for Elite Customers

[Oct 29 1:30 PM] The service is offered through the global Binance.com platform meaning there are restrictions for some jurisdictions, such as the U.S.

Asian Bitcoiners Are Profit Maximalists

[Oct 9 12:55 PM] WHAT WE’RE READING: Blockspace Media A recent Blockspace article deeply resonated with me as someone who's lived in Asia and the West. It examined how Asia-based Bitcoiners are mostly profit maximalists, not philosophically driven Bitcoin…

Swift to Pilot Digital Asset and Currency Transactions in 2025

[Oct 6 11:30 PM] Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital…

China-Russia Alliance Expands, Elevating US Risks in Asia and Middle East

[Sep 30 3:30 AM] Frederick Kempe, CEO of the Atlantic Council, highlighted two pressing concerns at the UN General Assembly: the intensifying China-Russia partnership and doubts over US leadership. Alongside former Secretary of State Condoleezza Rice, he warned of…

Stablecoins Will Drive Institutional Adoption in Asia: Chainalysis CEO

[Sep 25 3:29 PM] Stablecoins will drive institutional adoption in Asia, "even if regulators are not happy with it," Chainalysis co-founder and CEO Michael Gronager said in an interview.

Bhutan’s $750M revenue from Bitcoin mining sets model for developing nations

[Sep 20 1:30 PM] Bhutan’s experience with mining Bitcoin could serve as a powerful example for other developing nations that seek to improve their economies. 

Bhutan’s Bitcoin Holdings Revealed: Kingdom Owns $780M in BTC from Mining

[Sep 16 4:42 PM] South Asian country Bhutan, a Buddhist kingdom on the Himalayas’ eastern edge, has been revealed as a major Bitcoin holder, owning 13,011 BTC worth around $780.49 million, according to a report by Arkham Intelligence. The public data company…

HashKey and Kaia partner to boost Web3 adoption in Asia

[Sep 2 8:12 AM] HashKey Group and Kaia collaborate post-rebrand to accelerate Web3 adoption, coinciding with the Kaia-Finschia merger and new mainnet launch.

WazirX announces INR withdrawals will resume on Aug. 26

[Aug 23 6:04 PM] The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.

Hong Kong Spot Bitcoin ETFs Saw Highest Inflows in a Month

[Aug 22 9:49 PM] Hong Kong's spot Bitcoin ETFs saw their largest inflow of funds in over a month today, highlighting growing Asian interest in Bitcoin investment vehicles.JUST IN: Hong Kong #Bitcoin ETFs saw $15 million in inflows today, the highest in a…

Coinbase’s Paul Grewal Says Crypto Should Remain Non-Partisan

[Aug 7 10:03 AM] Technology should transcend the political divide, Coinbase’s Chief Legal Officer says.

$235M WazirX exchange hack has implications for India’s crypto industry

[Jul 22 7:30 AM] North Korean hackers are suspected to be involved in the $235 million hack of Indian cryptocurrency exchange WazirX.

Asia's First Inverse Bitcoin ETF to Launch Tomorrow in Hong Kong

[Jul 22 3:16 AM] The Hong Kong Stock Exchange (HKEX) is poised to make history tomorrow with the launch of Asia's first inverse Bitcoin exchange-traded fund (ETF).JUST IN: Asia’s first inverse #Bitcoin ETF to go live tomorrow in Hong Kong…

Hong Kong to launch Asia’s first inverse Bitcoin ETF

[Jul 22 3:13 AM] CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.

Hong Kong to launch Asia’s first inverse Bitcoin ETF

[Jul 22 3:13 AM] CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.

TSMC becomes first Asian company to reach $1T as AI demand surges

[Jul 20 10:26 AM] The company is now worth more than Broadcom and closing in on Meta.

Bitcoin L2s help crypto miners in Asia supplement income with staking

[Jul 17 7:01 AM] Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving.

Asian Currencies Hit 19-Month Low: Devere CEO Predicts Continued Weakness

[Jun 27 9:11 PM] Asian currencies have reached their lowest levels in over 19 months as the U.S. dollar strengthens, driven by expectations of prolonged elevated U.S. interest rates. The Bloomberg Asia Dollar Index fell by 0.1% on Thursday, marking its lowest point…

IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency

[Jun 19 1:21 AM] Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks…

Taiwan establishes association to help crypto firms self regulate

[Jun 13 1:49 PM] The association was formed after the country’s Justice Ministry proposed AML amendments for crypto firms that could result in penalties, including up to two years in prison.

Crypto Has an Unrealized Opportunity in Asia

[Feb 13 10:46 AM]

Thailand's SEC Breaks New Ground in 2024 With Crypto-Friendly Rules

[Jan 30 10:11 AM] Thailand's SEC has updated its rules by removing retail investors' limits for asset-backed tokens, creating new rules for custodians and giving them a larger role in monitoring digital asset business.

Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum

[Jan 29 12:16 AM] The much-awaited approval of spot-bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) can give unprecedented momentum for similar regulatory approvals in and around Asia.

Tether Hits Back at UN Report Alleging Role of USDT in Illicit Activity in East Asia

[Jan 16 5:25 AM] Tether, the issuer of the largest stablecoin by market cap, has challenged the United Nations (UN) for its report on underground banking and money laundering infrastructure in East and Southeast Asia.

Philippines SEC begins Binance ban countdown

[Dec 14, 2023 3:52 AM] The head of the Philippines SEC clarified that Binance and any other unregistered exchange issued with an advisory has three months before they are banned from the country.

Singapore releases national AI strategy 2.0, plans for 15,000 AI experts

[Dec 5, 2023 5:30 AM] Singapore released an updated version of its national AI strategy that includes plans for boosting government competency, building a smart nation and increasing compute capacity.

South Korean financial authorities solicit reports on unlicensed crypto exchanges

[Dec 4, 2023 2:38 AM] Financial regulators in South Korea have opened a window of time for people to come forward and report any unlicensed cryptocurrency exchanges operating in the country.