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Thailand Authorities Are Targeting Japanese Crypto Holders to Boost Tourism
23.2.2021
Thailand seems to be interested in catching Japanese crypto holders’ attention via tourism. The country wants to establish a crypto-friendly touristic hotspot and the first targeted country is the nation of the rising sun. Program Aims to Add New Segments With ‘High Spending’...
Bithumb CEO Predicts Only Four to Seven South Korean Crypto Exchanges Will Survive New Rules
20.1.2021
The CEO of the South Korean cryptocurrency exchange Bithumb has made some predictions regarding the upcoming new rules governing the national industry. In fact, the executive believes there will only be between four and seven exchanges surviving the new regulation. Smaller Companies Unlikely...
South Korean Government to Start Taxing Crypto Trading Profits in 2022
8.1.2021
The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will...
Bitcoin Trader Robbed During an In-Person Transaction, Kicked Out of Car in Hong Kong
7.1.2021
An unnamed 37-year-old man was a victim of a theft from a gang of robbers who fled with 15 bitcoin (BTC), worth HKD 3 million ($387,000) in cash. They agreed to meet in person for a crypto exchange transaction. Six Non-Chinese Suspects Allegedly Involved in the Theft Per the South China Morning...
Bitcoin May Have Hit Wall of Profit Takers Around $19,500: Analyst
15.12.2020
Huobi Global saw an influx of larger-than-average bitcoin deposits soon before the price drop, an analyst said
$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...
Bitmain Launches New T19 Bitcoin Miner After S17’s Troubled Launch
1.6.2020
World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining ASIC
IDEG Reports Launch of New Bitcoin Trusts in Asia With Coinbase as Custodian
12.12.2019
According to a recent press release from IDEG Investment Limited, “Asia’s First Bitcoin Trusts” have been launched “as a traditional and comfortable way for ‘old money’ to invest in digital assets.” The two trusts, Asia Bitcoin Trust I and Atlas Mining...
BlockShow Asia, Bitcoin Crash Warning, India Delays Crypto Ban: Hodler’s Digest, Nov. 11–17
17.11.2019
In this week’s Hodler’s Digest, India delays its controversial crypto ban, Binance’s CZ speaks out and an expert warns Bitcoin may “crash to zero”
Diginex Becomes First Asian Firm to Join Steptoe-Led Blockchain Alliance
9.10.2019
Hong Kong-based startup Diginex becomes the first firm in Asia to join the Blockchain Alliance led by Steptoe & Johnson law firm
How G20 Central Bank Digital Currencies Are Progressing
2.10.2019
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...
Changes Afoot for Philippine Crypto-Friendly Economic Zone
19.9.2019
The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also...