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Bybit Announces $100,000 Humanitarian Aid for Sri Lanka After Cyclone Ditwah Floods
1.12.2025
Cryptocurrency exchange provides emergency relief to support communities devastated by severe flooding across Southeast Asia, with 420 lives lost and tens of thousands displaced. Bybit has committed $100,000 in humanitarian aid to support relief efforts in Sri Lanka following Cyclone Ditwah....
New Strike Force Set to Target Overseas 'Pig Butchering' As U.S. Hits Burma Operation
12.11.2025
U.S. federal agencies are establishing a Scam Center Strike Force to counter the industrial-scale efforts to swindle money via crypto transactions
Crypto Airdrops Powerful Tool for User Acquisition, Study Finds
23.4.2025
A MEXC study reveals that airdrops drive over a third of new user registrations, surpassing referrals and organic sign-ups. The Commonwealth of Independent States region leads in airdrop participation, followed by Southeast and South Asia. Airdrops Outpace Referral Programs A new study by...
UN report highlights cybercrime surge in Southeast Asia, Telegram's role
7.10.2024
The United Nations Office on Drugs and Crime continues its series on organized crime in Southeast Asia and focuses on Telegram this time.
FBI Seizes $6M in Crypto From Southeast Asian Scammers
28.9.2024
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 platforms. The Department of Justice (DOJ) and the Federal...
How China’s Economic Slowdown Will Transform Global Trade, Expert Insights
23.9.2024
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 challenges might prompt China to boost investments...
Crypto firms airdrop tokens to support Vietnam typhoon victims
16.9.2024
Binance will start sending tokens on Sept. 16, while KuCoin will start delivering their token donations on Sept. 18
Cambodia’s Bakong Tourists app boosts regional payment options
20.8.2024
The Cambodian central bank’s Soramitsu-backed digital payment system is continuing to expand
Paxos gains approval for Singapore stablecoin launch with DBS partnership
2.7.2024
Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch
Microsoft pours $2.2 billion into Malaysia for cloud and AI expansion
2.5.2024
In its statement, Microsoft will collaborate with Malaysia to establish a national AI Center of Excellence and enhance cybersecurity capabilities
Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands
26.8.2023
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. Furthermore, these mining operations have reportedly been...
Hong Kong Reaffirms Commitment to Become Regional Crypto Hub
10.1.2023
Hong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX. “As certain crypto exchanges collapsed one after another, Hong Kong became a quality standing point for digital asset corporates,” said a top government...
Coinbase gains in-principle approval for Singapore crypto license
11.10.2022
The country is a key institutional market for the exchange according to the CEO of Coinbase Singapore, who explained it's also working with local industry groups to improve regulations
Southeast Asia’s Largest Bank DBS Launches Self-Directed Crypto Trading Amid Institutional Demand
25.9.2022
The largest bank in Southeast Asia, DBS, has launched self-directed cryptocurrency trading via its app. More customers are now qualified to access the bank’s digital asset exchange and trade cryptocurrencies, including bitcoin and ether. DBS Launches Self-Directed Crypto Trading DBS,...
Southeast Asia’s Largest Bank DBS Enters the Metaverse
11.9.2022
DBS, the largest bank in Southeast Asia, says it is “the first bank in Singapore to make a foray into the metaverse.” A DBS executive explained that “The metaverse presents exciting opportunities to redefine how we live, work and engage with each other.” DBS Entering...
Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
25.8.2022
DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period. DBS Crypto...
Singapore to Impose Restrictions on Russian Financial and Crypto Transactions
6.3.2022
In a rare move, Singapore is going to introduce restrictions on certain Russian financial transactions and crypto operations aimed at evading sanctions. The decision comes amid officially expressed concerns that Moscow’s invasion of Ukraine is a threat to the security of small states around...
Southeast Asia’s Largest Bank DBS Says Trading Volumes on Its Cryptocurrency Exchange Have Increased 10 Times
5.5.2021
DBS, Southeast Asia’s largest bank, says that cryptocurrency trading volumes on its exchange have grown 10 times to around $30 million to $40 million. The bank is also collaborating with JPMorgan on a blockchain settlement platform and plans to launch its first security token offering in...
Southeast Asia's first Bitcoin fund launches to meet local institutional demand
9.3.2021
The BCMG Genesis Bitcoin Fund-I will be available to accredited Asian investors
Solana targets growth in Southeast Asia with a $5M grants scheme
27.1.2021
The $5 million fund only allows projects with a physical presence in Southeast Asia to apply for the program which provides up to $100,000 plus technical and community support