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Kraken Acquires Australian Crypto Platform Bit Trade
15.1.2020
The global crypto exchanges industry continues to consolidate as some smaller players bow out and the big players try to gobble up as much as they can of the rest. As part of this trend, Kraken has now taken over the Australian platform Bit Trade in a bit to strengthen its foothold in the Asia...
Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia
14.1.2020
In this roundup, we cover EU-wide crypto regulations and individual countries’ new digital asset rules including Austria and the U.K. We also cover numerous crypto regulatory developments in the U.S., China, Japan, South Korea, India, and the Philippines. Also read: Regs Roundup: SEC Actions...
Japan and Philippines Discuss Pro-Crypto Laws, Cooperation Among Asian Countries
13.1.2020
Japanese Minister Naokazu Takemoto and Philippine Cabinet member Raul Lambino of Crypto Valley of Asia recently met to discuss Asian countries’ crypto regulations. They urge the Philippine Congress to introduce legislation on cryptocurrencies and security tokens, calling for cooperation among...
Thai Stellar-Based Startup Lightnet Raises $31M to Replace SWIFT
10.1.2020
Thai blockchain startup Lightnet raises $31 million to replace “inefficient” payments like SWIFT in Southeast Asian countries
China’s Central Bank Completes Top-Later Design and Joint Tests of Planned CBDC
10.1.2020
People’s Bank of China has announced the realization of the top-layer design and joint testing of the planned digital yuan
Philippine ‘Crypto Valley of Asia’ to Get Own Airport
10.1.2020
The Philippines has a “Crypto Valley of Asia,” an initiative of the Cagayan Economic Zone Authority, the government agency responsible for managing the Cagayan Special Economic Zone and Freeport. An airport is now being planned for inside this economic zone to address the needs of...
Interpol Leads Operation to Tackle Cryptojacker Infecting Over 20,000 Routers
9.1.2020
The international crime fighting agency led an operation to stem a plague of cryptocurrency mining malware afflicting computer routers across Asia
Hong Kong Institute of Bankers Onboards Six Virtual Banks as Members
3.1.2020
Six virtual banks have joined the Hong Kong Institute of Bankers as corporate members
Application for China’s ‘First’ Blockchain ETF Filed With Regulator
30.12.2019
Securities regulators are considering an application for China’s potentially first blockchain-focused ETF
China’s Crackdown on Cryptocurrency Trading: A 2019 Recap
30.12.2019
A brief overview of China’s war on cryptocurrency trading which started in 2017, and where is it at in 2019
Bithumb Crypto Exchange Reportedly Considers Litigating $68.9M Tax Bill
29.12.2019
South Korean cryptocurrency exchange considers litigation after the local tax authority imposed a $68.9 million tax bill on it
Asia’s Love Affair With Blockchain Is Blossoming
28.12.2019
Far away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia, aided by government and big business endorsement of distributed ledger technology (DLT). Many of these chains are virtually unknown outside of...
Chinese Regulators Worry About Crypto Resurgence, Issue New Warning
27.12.2019
Chinese securities regulators call local authorities to combat crypto-related illegal activities in Beijing amid the perceived resurgence of crypto
Canaan's New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain
26.12.2019
Chinese mining ASIC producer Canaan plans to roll out machines based on 5-nanometer chips in Q1 2020
Japanese Financial Services Firm Invests in Crypto Exchange Huobi Japan
26.12.2019
Tokai Tokyo Financial Holdings to invest nearly $4.6 million in crypto exchange Huobi Japan
China’s Shenzhen Stock Exchange Launches Index of 50 Blockchain Firms
25.12.2019
The Shenzhen Stock Exchange launched an index tracking the performance of 50 blockchain firms
Uzbekistan Bans Citizens From Buying Cryptocurrencies
25.12.2019
Uzbekistan has barred citizens from purchasing cryptocurrencies, but has made some exceptions for current holders to liquidate their assets
Boerse Stuttgart and Japan’s SBI Tie-up to Increase Presence in Asia & Europe
23.12.2019
Amidst increased efforts to regularize the use of cryptocurrencies in the main-stream, news of a new alliance has become the talk of the town. German’s first regulated crypto stock exchange operator Boerse Stuttgart Group and Japan’s huge financial company SBI have partnered. This partnership...
Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia
22.12.2019
Germany’s second-largest stock exchange and a major financial services group in Japan have partnered to expand their crypto operations in Europe and Asia. Boerse Stuttgart recently launched its crypto trading platform while SBI has been expanding its crypto business operations for several...
Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020
22.12.2019
12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia. With products including BTC, ETH, XRP and EOS perpetual...