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Tax man: India’s new tax policies could prove fatal for crypto industry
24.3.2022
India’s crypto tax policy is set to become law on March 24. However, stakeholders believe it could eradicate small-time traders and derail the thriving industry
First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water
23.3.2022
The expected passage of a finance bill will include a steep crypto tax the industry says will discourage innovation and cost the country some of its technology talent
Asia-Pacific Market Rally Expected to Push the Australian Dollar
23.3.2022
The overnight fluctuations on the Australian dollar seem to put things into perspective for investors. The AUD/USD pair has seen a significant hike that brought the currency to the $0.75 level. The Aussie currency continues the streak following an emerging bullish sentiment for Asian stocks....
DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies
23.3.2022
The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.” DBS’ CEO on Cryptocurrency and Regulation DBS Bank Group...
First Mover Asia: Part of Singapore’s Crypto Allure Is a Sheen of Transparency. Is the City-State Changing?
22.3.2022
There was no apparent, clear explanation about a Singapore regulatory agency's decision to place crypto fund DeFiance Capital on an "Investor Alert List.”
Largest Crypto Expo in South East Asia
22.3.2022
The BIG PROMOTIONAL CRYPTO EXPO is being held for the first time blockchain technology will be introduced to the world at the same level in THAILAND. Take your opportunity to the most prominent Expo titled as Crypto Expo Thailand 2022 to be held in Thailand on 12th – 15th May 2022 The Expo...
Crypto market selling pressure remains Asia dominated: Glassnode
22.3.2022
Investors based in Asia have generally been sellers while those in the US and EU have been buyers for the past two years with only one short exception
First Mover Asia: Why Bitcoin Started the Week Slowly; Ether Rises
21.3.2022
Trading of bitcoin has been light as investors seem to be taking measure of an unsettled macroeconomic environment
Goldman Sachs Executes Bank’s First OTC Crypto Transaction Trading a Bitcoin Non-Deliverable Option
21.3.2022
On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it has conducted an over-the-counter (OTC) crypto transaction with the digital currency firm Galaxy Digital. Following the OTC settlement, the head of digital assets for Goldman Sachs’ Asia...
Ghostwire: Tokyo Reviews Are All Over The Map
21.3.2022
Reviews for Ghostwire: Tokyo, an immersive sim from the makers of a game series so scary I can’t mention its name without collapsing in a fit of sobs, landed this morning. Publisher Bethesda Softworks did not furnish Kotaku with early access, because duh, so we’re experiencing the game, and...
First Mover Asia: Singapore-Based Gaming Company Razer Struggles to Pivot; Bitcoin Declines After a Positive Week
20.3.2022
The one-time, would-be "Apple of the Gaming World" failed in its attempt to secure a digital banking license and to reinvent itself into a lifestyle brand; bitcoin falls slightly but holds over $41,000
Japanese Fintech Firm Kyash Raises $41 Million, Jack Dorsey’s Block Participates in Funding
18.3.2022
A Tokyo-based financial technology company called Kyash has raised $41.2 million in a Series D funding round which saw participation from the Block (formerly known as Square). The investment into the Japanese mobile financial app firm is the Block’s first investment in the Asia Pacific...
First Mover Asia: Taiwan's Surprising Interest Rate Hike; Altcoins Outdo Bitcoin
17.3.2022
A survey of economists expected the country with its soaring economy to leave the rate unchanged; avalanche and solana, among others were well into the green
First Mover Asia: India Crypto Investors Await Taxation Clarity; Bitcoin Rises on a Day of Big Price Swings
16.3.2022
India's crypto community is hoping to convince lawmakers to pare down part of the bill, which includes a 30% tax on income generated from crypto transactions; bitcoin soared above $41,000
First Mover Asia: China Equities Woes, Tensions With the US Have Barely Touched Bitcoin; Cryptos Climb
15.3.2022
Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but have not seemed to affect bitcoin's price much; cryptos rose slightly as investors waited for the U.S. central bank's decision on an interest rate hike
First Mover Asia: A Taipei Executive Believes GameFi Can Fix Gaming’s Creative Drought; Bitcoin, Ether Are Flat in Light Trading
14.3.2022
See Wan Toong, the CTO of Red Door Digital, a Taipei-based studio building out Web 3 games, believes games can be creative and lucrative; bitcoin and ether are flat
First Mover Asia: South Korea Election Made Crypto a Big Issue, but There's No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline
13.3.2022
Both candidates made crypto an important issue to attract younger voters. It's not yet clear if the winner, Yoon Suk-yeol, will introduce legislation fulfilling his promises; bitcoin and ether were both in the red
First Mover Asia: India Loses Foreign Investment, Chinese Indices Continue a Downward Trend; Cryptos Suffer an Off Day
11.3.2022
The world's second-largest country by population has watched foreign investors flee for the last two weeks; bitcoin settles below $40,000
How South Korea’s Next President Might Change Crypto, Economy & Politics in East Asia
10.3.2022
The main opposition People’s Power Party candidate Yoon Suk-yeol has won the race to become South Korea’s next President. Crypto policy was a key battleground in his victory – by less than a single percentage point – over his centrist rival from the ruling Democratic Party.
Here’s how crypto...
GameFi Is a New Game for Southeast Asia Players
10.3.2022
Economic conditions and widespread digital adoption have created a foundation for the region to become the global capital of the Play-to-earn model