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From open arms to full bans: The latest on crypto regulation in Asia
13.9.2020
A look at the legal status of crypto in Asia, where new crypto hubs are emerging and thriving despite uneven regulation
South African Crypto Exchange Luno Expanding Globally After Acquisition by Digital Currency Group
10.9.2020
Digital Currency Group has acquired South African cryptocurrency exchange Luno, which has more than five million customers in over 40 countries. The acquisition will help Luno expand globally, including across its existing markets in Africa, Europe, and Asia. DCG Committed to Helping Luno Expand...
Bangladesh to get its first blockchain remittance service
9.9.2020
Standard Chartered Bank has launched the first remittance service in Bangladesh
CEX.IO to Offer Instant Cryptocurrency-Backed Lending Service in 217 Countries and Territories
9.9.2020
LONDON, the United Kingdom – CEX.IO, one of the largest international exchanges in the cryptocurrency market, is set to launch a digital asset-backed lending service in September. Available in 217 countries and territories – including Australia, the United Kingdom, the European Union...
Singapore Exchange uses blockchain to issue $300m digital bond
4.9.2020
DAML smart contract language is now used for digital bonds
Latin America sends a ton of crypto to Asia, and vice versa
4.9.2020
Latin American companies are looking towards crypto as an escape from the banking system
$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July
4.9.2020
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged...
SPiCE, Unable to Get Liquidity in the US, Takes Tokenized Blockchain VC Fund to Asia
1.9.2020
Tal Elyashiv thinks Malaysia's Fusang Exchange will bring SPiCE VC the liquidity surge he seeks
Asia Dominates Crypto, But Here’s Why That Could Soon Change
30.8.2020
The crypto world’s center of gravity is Asia. Big crypto-exchanges and companies operate in Europe and North America, but the majority of users are located in the Asia Pacific region, as are most of the world’s biggest exchanges and mining pools.
There are many reasons why this is the case....
Digital yuan doesn't pose a threat to the hegemony of the dollar, says expert
28.8.2020
Foreign investors still doubt the PBoC's policies when it comes to the RMB exchange rate
More Than 95% of Crypto Futures Volume Is in Asia: Report
27.8.2020
Asian exchanges account for more than 95% of the futures volume in crypto, according to a new report by Switzerland-based Blockchain Valley Ventures
MasterCard Asia files patent for Tangle-based device billing system
26.8.2020
Blockchain could help shared device merchants avoid credit card fees, MasterCard says
Wirex Taps Railsbank to Replace Scandal-Struck Wirecard as Asia-Pacific Card Provider
26.8.2020
According to the Wirex’s announcement regarding the partnership, existing Wirex card customers in the region have already been ported to Railsbank issued cards
Bybit expands to Japan and Korea with new fiat payment gateways
26.8.2020
ByBit has also added support for the Vietnamese language on its platform
Power Ledger launches renewable energy credit marketplace in SE Asia
25.8.2020
Power Ledger's most recent development is a renewable energy certificate marketplace
$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars
24.8.2020
Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...
Hex Trust to Offer Custodian Services for INX Token in Asia
24.8.2020
Leading global enterprise custodial services provider, Hex Trust has announced that it has been selected to offer custodian services for INX Token ahead of its $117 million security token IPO. In the official tweet, Hex Trust mentioned that INX would also be launching its digital exchange...
China's digital yuan trials reportedly limited to small retail transactions
24.8.2020
China’s central bank released a new statement to debunk some rumors
USD 50B in Crypto from Asia Hints at Chinese Capital Flight – Report
21.8.2020
With more than USD 50 billion in crypto leaving wallet addresses tied to East Asia and headed to other regions around the world over the past 12 months, signs point to crypto increasingly being used to evade strict Chinese capital controls, a new report from on-chain analysis firm Chainalysis...
XRP Isn’t Competing With Stablecoins and CBDCs, Says Ripple Exec
19.8.2020
XRP contributes to the development of CBDCs and stablecoins, says key exec