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Another Asian Giant-backed Crypto Exchange Set to Enter U.S. Market


International players are looking to move into the American cryptocurrency exchange market – with the South Korean-Japanese chat app operator Line set to open a trading platform in the country. Per Japanese media outlet Coin Post and South Korean newspaper Hanguk Kyungjae, the new exchange will...

Uzbekistan to Create National Mining Pool, Launch Licensed Exchange


Establishing a “national mining pool” has been declared a priority in Uzbekistan. Miners who join the pool will enjoy lower electricity rates, announced the country’s agency overseeing the crypto industry. The Central Asian nation is also preparing to launch a licensed...

Asia’s Love Affair With Blockchain Is Blossoming


Far away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia, aided by government and big business endorsement of distributed ledger technology (DLT). Many of these chains are virtually unknown outside of...

Chinese Police Seize Thousands of Miners, Arrest Dozens of Scammers


In the last couple of days, Chinese media have reported on police forces in one province of the vast Asian country seizing close to 7,000 mining rigs using stolen electricity and in another province arresting 72 multi-level marketing scheme operators for alleged fraud. Also Read: Chinese Regulators...

Asian Tech Giants’ New Blockchain Drive Involves Traditional Finance


Two of South Korea’s biggest internet tech companies are strengthening their ties with the traditional financial sector to prepare the ground for a fresh fintech, blockchain and token-powered business drive. Per Fn News, search engine Naver and its Line chat app affiliate and rival chat app giant...

Asian Decentralized Summit 4.0 Empowering India With Blockchain


Blockchain technology has delivered a significant impact in almost every sector it has ventured. The technology has witnessed rapid advancements since Satoshi Nakamoto came up with Bitcoin in 2008. Asian Decentralized Summit has made significant contributions in promoting the adoption of Blockchain...

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