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Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate
6.1.2022
Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network hashrate. To deal with the civil unrest caused by rising fuel prices and a worsening economy, the government restricted access to the internet and closed...
Asia Pacific Metaverse New Era Summit Officially Launched
3.1.2022
The epidemic in 2020 undoubtedly became a catalyst, and people’s life scenes began to shift from offline to online. This “forced” transformation led to more thinking, discussion, and concern about life and business in the metaverse. Metaverse has been more and more favored...
Creator of App for Remittances to Africa and Asia Raises $65 Million in Series B Round
26.12.2021
Tap Send, the creator of a remittances app of the same name, revealed it has raised $65 million in a Series B funding round. The fintech firm plans to use the funds to build a cheaper and faster cross-border money transfer platform. Remittances to Overlooked Countries The fintech startup behind...
Send Your Love, Donate Crypto & Let's Make Christmas Brighter for Typhoon-Struck Philippines
23.12.2021
“Yesterday, since there was no power, I took the time to visit my relatives in one of the badly hit towns. It's sad to see people losing their houses, family members, and livelihood. If you have time to search Bais City and Manjuyod in Negros Oriental, you'll see the devastating aftermath. It's...
Pakistanis have $20B in crypto assets, says head of local association
22.12.2021
He called for the government to set up a Bitcoin policy, arguing that India already had some regulations in place
Asian Sellers Weighing on Bitcoin Price, But Possibly Not for Much Longer
20.12.2021
The bitcoin (BTC) price on average moves markedly lower during Asian business hours than it does during the European and US business hours, indicating that significant selling pressure is coming from Asian investors, new data from on-chain analytics firm Glassnode suggests....
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Binance Developing Crypto Exchange in Indonesia
19.12.2021
Binance has formed a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm. Binance aims “to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange.” Binance Building Cryptocurrency...
Tether lauds Myanmar shadow government for making USDT an official currency
16.12.2021
The stablecoin issuer called NUG’s USDT adoption a significant event that goes “beyond the potentials of cryptocurrency.”
Beijing court rejects monetary compensation in Bitcoin mining contract plea
16.12.2021
The plaintiff in the case demanded 217.7 BTC in compensation for his Bitcoin mining infrastructure investment
Binance Shutting Down Crypto Exchange Services in Singapore
14.12.2021
Crypto exchange Binance is winding down its exchange operation in Singapore after the company decided to withdraw its application with the Monetary Authority of Singapore (MAS) to operate a digital asset exchange in the country. “Buying and selling of crypto from existing assets of users...
Myanmar shadow government declares stablecoin USDT an official currency
13.12.2021
The NUG finance minister said Tether use would enhance trade speed and payment efficiency
YGG SEA Is Set to Open Metaverse for the Southeast Asia Market
10.12.2021
Guild Games Yield Southeast Asia, often known as YGG SEA, is the ecosystem built for the Yield Guild Games and is the first of its kind subDAO. YGG SEA is a DAO tasked with purchasing and maintaining non-fungible tokens which are further used in Metaverse, with the goal of building Southeast...
Binance reportedly in talks to launch crypto exchange in Indonesia
10.12.2021
Binance is reportedly in talks with the richest family in Indonesia regarding a new crypto venture
Indian trade group recommends ‘special class security’ status for crypto
9.12.2021
The Confederation of Indian Industries has proposed new regulations around the nascent crypto market
Smart crypto policy could keep India's tech dominance on top
7.12.2021
Experts are fairly confident that the Indian government will most likely choose to regulate rather than ban its thriving crypto economy
Asia Falls Behind as US Takes the Lead in Crypto VC Deals
1.12.2021
The US is the global leader in blockchain-related investment deals, with nearly three times the dollar amount transacted in deals there as in Europe during the third quarter of this year. Meanwhile, Asia has for the first time fallen behind the US by the number of crypto startups that raised...
Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges
26.11.2021
Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens...
Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals
25.11.2021
China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting hardware to new bases around the world, with Russia reportedly taking the largest...
Report: North Korean Man Sentenced To Death For Smuggling Copies Of Squid Game
24.11.2021
Last week, Radio Free Asia reported that copies of Squid Game had been smuggled into North Korea on USB drives and SD cards. Now, according to RFA, a man who is said to have smuggled in the show has been sentenced to death by a firing squad. Read more
Southeast Asian financial institutions turn to the Ethereum blockchain
22.11.2021
Is Ethereum the blockchain of choice for financial institutions in Southeast Asia, or will companies seek alternatives due to limitations?