Circle CEO: 70% of USDC adoption comes from outside the US
[Aug 7, 2023 10:50 PM] Major stablecoin issuers Tether and Circle are focusing on non-U.S. markets where adoption is growing.
3 / 4 Relevant items tagged with #Asia
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Asian Economies Could Benefit From Reduced Dollar Influence, Says Devere CEO
[Aug 5, 2023 7:30 PM] The CEO of asset management firm Devere Group says the world is shifting “away from a dollar-dominated financial system.” Emphasizing that a shift away from U.S. dollar influence “could have positive implications for Asian economies,” he…
Binance Japan begins launching trading services for residents
[Aug 1, 2023 10:54 AM] The Japan-based crypto exchange said it was offering spot trading for 34 tokens as of Aug. 1, with plans to migrate global Binance users starting on Aug. 14.
Ripple Committed to Markets With Clear Rules in Asia and Europe After US Court Win
[Jul 24, 2023 5:30 AM] Following a partial court victory in the United States, crypto company Ripple intends to stay focused on markets with clear regulations for the industry, including jurisdictions in Asia such as Singapore and Hong Kong. The U.S.-based blockchain…
Former UN Security Council President Kishore Mahbubani: ‘The American Century Is Over’
Kuwait bans crypto and virtual assets transactions
[Jul 20, 2023 1:16 AM] Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country.
Bitcoin price falls under $30K as macro and regulatory worries take center stage
[Jul 17, 2023 3:19 PM] As investors’ euphoria over Bitcoin subsides, regulatory and macroeconomic headwinds resurface to negatively impact the BTC price.
Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion
[Jul 9, 2023 2:30 PM] A recent report released by K33 Research three days ago reveals that as of July 2023, the cryptocurrency industry boasts approximately 10,000 companies, employing an estimated 190,000 crypto professionals. Notably, K33 provides a comprehensive…
Account abstraction will drive a billion users from Asia to Web3: ConsenSys exec
[Jul 4, 2023 8:08 PM] In addition to “smart accounts” Ethereum adoption will be boosted by Web3 gaming along with zkEVM scaling and security, says Laura Shi.
Dappradar: Metaverse Projects Command 43.68% of the Web3 Investments in 2023
[Jul 4, 2023 12:00 AM] While metaverse and virtual world projects have nosedived, a recent report of Dappradar, a Web3 tracking site, has revealed that venture capital firms have invested $707 million in these projects since the start of 2023. This means that, even when…
Crypto VC is struggling only from a North American perspective — Animoca Brands CEO
[Jun 30, 2023 1:30 PM] Speaking with Cointelegraph at the Collision Conference, in Toronto, crypto veteran Yat Siu outlined how crypto firms can cope with unique environments, stressing that it is not "as bad as it sounds".
Limited generative AI usage to be allowed in Japanese schools
[Jun 22, 2023 7:37 AM] The Japanese Ministry of Education plans to allow limited use of generative AI, like ChatGPT, in elementary, junior high and high schools across the country.
Crypto Friendly Xapo Bank Expands to India, Rest of South Asia
[Jun 22, 2023 6:33 AM] Xapo's CEO said the move "is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape."
Binance launches regulated platform in Kazakhstan amid troubles in the West`
[Jun 21, 2023 7:22 AM] Amid growing regulatory uncertainty in the West several crypto platforms have shifted their focus toward the Asia Pacific region.
Gemini plans Asia-Pacific expansion as part of 'next wave of growth for crypto'
[Jun 20, 2023 10:30 AM] The crypto exchange has already announced efforts to expand into Canada and Europe amid a lawsuit from the United States Securities and Exchange Commission.
Investors want crypto, but not without TradFi backing: Nomura survey
[Jun 15, 2023 9:08 PM] A Nomura Laser Digital survey has revealed the majority of institutional investors polled are still keen on crypto.
How I Missed The Early Days Of Bitcoin
[Jun 10, 2023 6:00 AM] This is an opinion editorial by Enza Coin, a Bitcoin-focused investor and content creator.The other day I was looking through my closet and found a pair of my old FitFlops. Does anyone remember these? FitFlops sold for some $100 and promised to…
Bitcoin Is Becoming A Lifeline For Political Dissidents In Myanmar
[Jun 9, 2023 6:00 AM] This is an opinion editorial by Win Ko Ko Aung, a McCourt Scholar for Georgetown University’s Data Science for Public Policy program and a survivor of Myanmar’s 2021 military coup.As the 2024 U.S. Presidential election campaign kicked off, one of…
US Bitcoin supply fell over 10% in the past year — Glassnode
[Jun 8, 2023 9:30 AM] Bitcoin is increasingly active in Asia as U.S. supply share dwindles over the past two years.
OpenAI gets warning from Japanese regulators on data collecting
[Jun 2, 2023 5:51 AM] Japanese privacy watchdog warned OpenAI about collection of sensitive data without permission or else further action will be taken.
Binance kicks off transition to new platform in Japan
[May 27, 2023 11:08 AM] The move follows the acquisition of the regulated crypto exchange Sakura Exchange Bitcoin (SEBC) in November 2022.
‘No other options’: Hong Kong moving forward with crypto licensing, FinTech chair says
[May 7, 2023 8:08 PM] Neil Tan, chair of the FinTech Association of Hong Kong, says the opening of the financial industry to digital assets is “just a natural progression.”
Crypto Innovation and Regulation Should Be Partners, Not Adversaries
[May 3, 2023 9:35 AM] Developers are flourishing elsewhere amid strident relationships with U.S. regulators.
Bitdeer to Raise $500M for Bhutan Crypto Mining Operations in Deal With Government
[May 3, 2023 2:48 AM] Bitdeer said the agreement marks "a crucial expansion into Asia" and expects fundraising efforts to commence this month.
Bhutan mines Bitcoin with hydropower since BTC price was $5,000
[May 1, 2023 7:00 AM] The Kingdom of Bhutan uses Himalayan rivers to generate energy used to mine Bitcoin, local reports reveal.
China and Singapore team up to scale green and transition financing
[Apr 22, 2023 9:44 PM] China and Singapore will collaborate “on concrete initiatives that will catalyze capital flows to support a credible and inclusive transition to a low carbon future for our countries and the region.”
Australia installs more Bitcoin ATMs than whole of Asia
[Apr 19, 2023 2:45 AM] Asia, which includes major economies such as China, Japan, Singapore and India, hosts 355 crypto machines, representing 1% of the total crypto ATMs installed worldwide.
Asia-Based Digital Asset Firm Hashkey Group Introduces Wealth Management Service
[Apr 13, 2023 7:00 PM] HashKey has also expanded its OTC service by expanding its liquidity coverage and its range of tokens in the spot market.
Hong Kong’s Financial Secretary Declares Now Is the 'Right Time' for Web3 Adoption
[Apr 10, 2023 10:21 AM] Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.
Bitget launches $100M Web3 fund for crypto projects in Asia
[Apr 10, 2023 12:35 AM] Bitget's new fund will receive $100 million as an initial investment to support the next generation of Web3 projects.