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First Mover Asia: Signs Point Upward for Crypto in India and Korea; Bitcoin and Ether Soar on US Executive Order
10.3.2022
India's finance minister says the country will launch a central bank digital currency sooner than she'd previously indicated; cryptos rise as investors view the Biden administration's executive order as a positive development
First Mover Asia: Singapore's Strict Approach to Crypto; Bitcoin Rises Despite Investors' Jitters About War, US Executive Order
9.3.2022
Singapore's high standards may be discouraging some crypto companies from establishing operations in the nation state; investors were wrestling with the latest developments in Ukraine and await the order by President Joe Biden on Wednesday
First Mover Asia: Malaysia May Be Asia's Next Crypto Hub; Major Cryptos Decline as Russia Onslaught Intensifies
8.3.2022
First Mover Asia: Singapore VC Lightbulb Capital Balances the 3 Parts of ESG Investing. Will the DeFi World Care?; Bitcoin, Ether Fall
7.3.2022
The crypto world has focused more heavily on environmental issues than the social and governance aspects of different projects; major cryptos are in the red as the Russian invasion intensifies
BitYard Partnering With Transak – Smooth the Way for Crypto Credit Card Payments
6.3.2022
PRESS RELEASE. BitYard and credit card service provider – Transak, muscle into India and Mid Asia for 1 billion crypto market. Transak’s Background Transak enables developers with seamless and easy-to-integrate crypto onboarding infrastructure technologies, in line with their...
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...
First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline
4.3.2022
The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades
First Mover Asia: India Commodity Price Increase Stemming From Russia Invasion Could Hurt Crypto Investment
3.3.2022
An increase in commodity prices could eat into India investors’ skyrocketing appetite for cryptocurrencies
Binance back in Malaysia via a strategic stake in regulated digital exchange
2.3.2022
Binance has forged an array of new partnerships with regulated firms, especially in countries where it has found it difficult to get regulatory approval
First Mover Asia: China’s Potential SWIFT Competitor CIPS Lacks Reach; Bitcoin, Ether Rise Again
2.3.2022
The Cross-Border Interbank Payment System has just 75 members and processes only a fraction of the transactions that SWIFT handles; most major cryptos jump even as the Russian invasion intensifies
First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto
1.3.2022
First Mover Asia: BitMEX Saga Concludes, but We'll Never Know if DOJ Overreached; Cryptos Tumble as Russia Bores Into Ukraine
28.2.2022
The guilty plea of the founders of the crypto trading platform avoided a trial; bitcoin dropped below $37,500 on Sunday after Russian President Vladimir Putin placed his nuclear forces on alert
First Mover Asia: India Crypto Firms, Regulators Continue Their Regulatory Debate; Bitcoin Recovers From a Post-Invasion Freefall
25.2.2022
Indian crypto industry and government officials have continued to discuss possible changes to regulations announced earlier this month; bitcoin returns to its perch above $38,000
First Mover Asia: China CBDC Is No Government Version of Bitcoin; Terra's Luna, Other Altcoins Jump
24.2.2022
First Mover Asia: GameFi's Shaky Prospects; Bitcoin, Ether Inch Higher
23.2.2022
Strict regulations on gaming in China and Korea, among other countries, are likely to reduce the market for GameFi in the Asia Pacific Rim region. Bitcoin and ether were up slightly during U.S. trading hours
How are Afghans using crypto under the Taliban government?
22.2.2022
Afghans have shown great interest in cryptocurrencies and some are using them to avoid U.S. sanctions and get paid from other countries
More Investors Enter Crypto But Keep Multiple Financial Service Providers - Survey
18.2.2022
Crypto ownership is on the rise, but investors are not abandoning traditional financial services as a result of their intensifying interest in cryptoassets. On the contrary, crypto investors are more likely to use multiple financial services providers than the general population is, suggests...
India’s crypto tax provides little legal clarity for traders and exchanges
17.2.2022
The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility
Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors
16.2.2022
DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half of this year, DBS will focus on making “access to digital assets a lot more convenient.” DBS Bank to Offer...
Sanctions and trade: Iran aims to develop a central bank digital currency
14.2.2022
While the central bank announced its intention to launch a CBDC, exact details are still scarce