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SBI’s Acquisition of Crypto Firm Helps the Asian Giant Create Full-Fledged Digital Asset Trading Desk
16.12.2020
Japanese financial group SBI Financial Services has announced the acquisition of the United Kingdom-based crypto services firm B2c2 for an undisclosed amount. The purchase helps the Asian financial giant to become one of the mainstream financial institutions to have a full-fledged digital asset...
Korean Exchange Operator to Oversee Crypto-Linked Stocks in the Midst of Suspicions on Unfair Trading
12.12.2020
South Korean securities exchange operator is now expanding its overseeing capacity by monitoring all crypto-related stock activities after volatile movements seen in the last few weeks on listed companies tied to the industry. KRX’s Market Oversights Committee to Supervise Crypto-Linked...
Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders
9.12.2020
Chinese authorities are launching a national crackdown against fraudulent SIM card and bank account schemes. The latest detained under this operation is one of the founders of a Hong Kong-based cryptocurrency exchange CEO Global (ceobi). Crypto Exchange Founder Taken Into Custody by Chinese Police...
Bitcoin Hashrate Rebounds as Asian Miners Bring Machines Back Online
11.11.2020
After moving machines out of Sichuan, miners are bringing ASICs back online
Asian Banks Prepare Crypto Takeoff as Thailand’s SCB Revs DeFi Engines
29.10.2020
Siam Commercial Bank (SCB), one of Thailand’s biggest commercial banks, is set to invest in a local DeFi player through a subsidiary – in a week when banks all over Asia have shaped up to make major moves in the crypto scene.
Per an official announcement from the Thai “ecosystem of cross-chain DeFi...
P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders
23.10.2020
Asian cryptocurrency exchange Okex says peer to peer trading is now open but the freeze on withdrawals remains in effect. In an update, Okex CEO Jay Hao reveals that buying cryptocurrency via the fiat gateway is now active as well but he fails to give a timeframe for the resumption of withdrawals....
Crypto.com Aims for Its First Profitable Year Despite Asian Setback
16.9.2020
Cryptoasset-power debit card and trading services firm Crypto.com said it is on track to end the year with its figures in the black for the first time in its history. But it will have to accomplish this feat without one of its key partners, after an accounting scandal involving the German card...
Major Asian bank issues credit on SCB-backed blockchain
16.9.2020
Blockchain is helping companies from Vietnam and Thailand settle trades more smoothly
Asian Search Engine & Chat App Giants to Use Blockchain-based IDs + More News
3.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
South Korean internet giants Naver and Kakao will begin accepting blockchain-powered digital driver’s licenses as a form of ID...
The Pandemic is Prompting Asian Countries to Adopt Blockchain
17.8.2020
Asian countries have found ways to use blockchain amid the pandemic
Mike Novogratz’s Galaxy Digital Holdings Reports $38.5 Million Income for Q2: “We’ve Crossed the Rubicon’
16.8.2020
Galaxy Digital Holdings reported on Friday, August 14 that its comprehensive income for Q2 grew to $38.5 million. The figure reflects both net realized and unrealized gains from digital assets, as well as investing activities of $28.3 million. In an earnings call, Galaxy Digital President, Chris...
New Asian Crypto Behemoth Blessed But Merger Delayed
4.8.2020
Japanese regulators have given their approval to a proposed merger between chat app giant Line and the Softbank-backed Yahoo Japan.
Per multiple media outlets, including Fn News, the Japan Fair Trade Commission, the government body responsible for regulating economic competition in the country...
Coinbase Processed $500,000 in Bitcoin Payments That Helped Ex-Nissan Chairman Flee Japan
24.7.2020
Coinbase processed $500,000 in bitcoin payments that aided the dramatic escape of former Nissan Motor Co. chairman Carlos Ghosn from Japan, according to Bloomberg. In December, two Americans used a box to smuggle Ghosn out of the Asian country, where he was facing criminal charges for embezzlement...
Innovation Grant Worth $15 Million to Encourage Asian Blockchain Startups
28.6.2020
Singaporean blockchain developers Building Cities Beyond creates an innovation grant to encourage development on its ecosystem
Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries
21.5.2020
The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said
Asian Countries Leading the Way for FATF Travel Rule
14.5.2020
South Korea and Singapore may have the best regulations around compliance with the Financial Action Task Force guidelines
Major Asian Ticketing Agency Accepts Bitcoin on Lightning Network
20.4.2020
Vietnamese ticketing agency Future.Travel has begun processing Bitcoin via the Lightning Network to streamline transactions and eliminate fraud
R3 Teams With Custodian Hex Trust to Help Asian Banks Sell Security Tokens
3.4.2020
Hong Kong-based Hex Trust is partnering with the enterprise blockchain company to offer banking clients another option for issuing security tokens
Ripple Cements Asian Presence Through Partnership With Thai Fintech DeeMoney
19.3.2020
Thai fintech DeeMoney will now support remittances using Ripple’s cross-border blockchain network RippleNet
Legacy Trust’s Crypto Spin-Off Receives $3M to Roll Out Asian Settlement Platform
9.3.2020
First Digital Trust has won backing from Taiwan-based Nogle for its upcoming Asia-focused crypto settlement solution for institutions