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FBI Seizes $6M in Crypto From Southeast Asian Scammers

[Sep 28, 2024 1:30 AM] U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency…

How China’s Economic Slowdown Will Transform Global Trade, Expert Insights

[Sep 23, 2024 1:30 AM] China’s slowing economy is poised to redefine its global trade relationships, particularly with the Global South. Assistant professor Ning Leng of Georgetown University’s McCourt School of Public Policy discussed how these internal economic…

Cambodia’s Bakong Tourists app boosts regional payment options 

[Aug 20, 2024 9:02 PM] The Cambodian central bank’s Soramitsu-backed digital payment system is continuing to expand.

Bitcoin Non-Profit ₿trust Announces Q3 Grants For Open-Source Developers

[Aug 16, 2024 5:41 PM] ₿trust, an initiative committed to supporting open-source Bitcoin developers based in the Global South, has announced the recipients of its Q3 Starter Grants and the new members of its ₿trust Open-Source Cohort.1/ Announcing the ₿trust Q3…

Wallets Linked to Global Scams on Cambodia's Huione Guarantee Collect $11 Billion: Report

[Jul 10, 2024 5:39 AM] Huione Guarantee, a Cambodian online financial platform linked to the nation's ruling family, is a marketplace enabling the global scam economy, particularly pig-butchering scams, to the tune of $11 billion, a report by Wired alleges.

Paxos gains approval for Singapore stablecoin launch with DBS partnership

[Jul 2, 2024 7:17 AM] Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch.

Microsoft pours $2.2B into Malaysia for cloud, AI expansion

[May 2, 2024 3:24 AM] In a statement, Microsoft said it will collaborate with the Malaysian government to establish a “national AI Center of Excellence” and improve cybersecurity capabilities.

Neutronpay Receives $1.5M Funding to Expand Bitcoin Lightning Network in Southeast Asia

[Mar 26, 2024 2:37 PM] Bitcoin Lightning Network company Neutronpay has secured a $1.5 million bridge funding round led by Axiom Capital, according to a press release sent to Bitcoin Magazine. This investment is to help Neutronpay bring instant and cost-effective payment…

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

[Jan 16, 2024 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.

Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands

[Aug 26, 2023 1:30 PM] In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands…

In The Absence Of International Support, Myanmar’s Exiled Government Should Explore A Bitcoin Bond

[Aug 4, 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.The Biden administration responded to the 2021 military coup in…