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Swift to Pilot Digital Asset and Currency Transactions in 2025
7.10.2024
Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital and traditional assets, addressing the challenges...
Suspicious arrest of crypto scam reporter, Japan’s pro-crypto PM: Asia Express
4.10.2024
Global outcry as Cambodia arrests crypto scam investigator, Japan’s new Prime Minister supports crypto, and more: Asia Express
Binance Secures Regulatory License in Kazakhstan for Crypto Trading
2.10.2024
Binance Kazakhstan has secured a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority. This approval allows the crypto exchange to operate as a trading platform, broker-dealer, and digital asset custodian. Kazakhstan becomes the first Central Asian country...
MHC Digital, Circle collaborate to expand USDC access in APAC region
1.10.2024
Australian pension funds can expect a pitch soon for saving money on fees with a stablecoin
First Mover Americas: BTC Is Little Changed Following Muted Asia Trading
1.10.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 1 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
China-Russia Alliance Expands, Elevating US Risks in Asia and Middle East
30.9.2024
Frederick Kempe, CEO of the Atlantic Council, highlighted two pressing concerns at the UN General Assembly: the intensifying China-Russia partnership and doubts over US leadership. Alongside former Secretary of State Condoleezza Rice, he warned of mounting global threats, comparing today’s risks...
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...
Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express
27.9.2024
Worldcoin fined over privacy rules in South Korea, Hong Kong crypto trading store clerk scarpers with customer’s $500K in cash: Asia Express
Stablecoins Will Drive Institutional Adoption in Asia: Chainalysis CEO
25.9.2024
Stablecoins will drive institutional adoption in Asia, "even if regulators are not happy with it," Chainalysis co-founder and CEO Michael Gronager said in an interview
Stablecoins and crypto are threatening fiat money dominance in Eastern Asia
23.9.2024
Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins
Stablecoins and crypto are threatening fiat money dominance in Eastern Asia
23.9.2024
Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins
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...
Computer Scientist: China’s Crypto Crackdown Spurred Decentralization of Asia’s Web3 Infrastructure
21.9.2024
Sangmin Seo, chairman of the Kaia DLT Foundation, asserts that China’s crackdown on the crypto industry, which led to its loss of dominance in bitcoin mining, has resulted in the decentralization of Asia’s crypto infrastructure. He adds that the rapid development of the Asian market...
FATF Urges India to Strengthen Virtual Asset Regulation
21.9.2024
India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised India’s progress but pointed out areas needing...
Bhutan’s $750M revenue from Bitcoin mining sets model for developing nations
20.9.2024
Bhutan’s experience with mining Bitcoin could serve as a powerful example for other developing nations that seek to improve their economies.
Bhutan’s $750M revenue from Bitcoin mining sets model for developing nations
20.9.2024
Bhutan’s experience with mining Bitcoin could serve as a powerful example for other developing nations that seek to improve their economies.
Chinese Tether laundromat, Bhutan enjoys recent Bitcoin boost: Asia Express
20.9.2024
Tether launderers sentenced as Bhutan’s Bitcoin hodling places it as the fourth largest among governments: Asia Express
Blockchain adoption in Asia Pacific will expand into SMEs — Blockdaemon
19.9.2024
Blockdaemon executive Andrew Vranjes said that tax regulations and the lack of uniform regulations across jurisdictions hold back institutions from adopting blockchain.
South Korea, Hong Kong Lead Crypto Market Growth in East Asia
19.9.2024
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong emerges as a major...
Sui Becomes Official Blockchain Partner with Asia’s Largest Martial Arts Organization
17.9.2024
Sui, a cutting-edge Layer 1 blockchain, announced it will be the official blockchain partner of ONE Championship, Asia’s…