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South Korean City Threatens to Seize Cryptos From Tax Evaders
16.4.2021
Crypto tax evasion is becoming a hot potato for the authorities in some Asian countries, such as Japan and South Korea. A South Korean city is now actively fighting against tax evaders who are suspiciously reporting meager earnings in their filings. 511 Individuals in the Authorities’ Eyes...
Korean Overwatch League Player Shares His Experience With Anti-Asian Racism In America
10.4.2021
As opening day for the fourth season of the Overwatch League looms, Korean players on North American teams are dealing with the precipitous rise in anti-Asian racism. On April 5, Eui-Seok “Fearless” Lee, main tank for the Dallas Fuel, talked about his experience being Korean and living in America...
Paypal Cofounder Peter Thiel Thinks China Is Using Bitcoin as Financial Weapon Against the US
9.4.2021
According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still...
Hong Kong Security Crackdown Leads to Record Capital Outflows— Residents Reportedly Used Cryptocurrencies to Move Funds
31.3.2021
The Canadian anti-money laundering agency, Fintrac, says it recorded official capital inflows originating from Hong Kong that totaled more than $34 billion in the past year. The outflows, which are the highest since 2012 when the earliest Fintrac records are available, “are the first evidence...
Study Finds South Koreans Aged 20-39 Mainly Invest up to $100 in Cryptocurrencies
31.3.2021
South Korea’s “crypto boom” is a term that the local media has widely adopted to refer to the current hype seen across the Asian nation. In fact, a recent study unveiled a rising trend in the number of South Koreans making small-scale crypto investments. New Crypto Investors Seem...
Killer Loops With South Asian Flair Helped Skyblazer Stand Apart
29.3.2021
Welcome to Morning Music, Kotaku’s ongoing hangout for folks who love video games and the cool-ass sounds they make. We haven’t been covering many chiptunes lately, so today let’s start remedying that by checking out a somewhat unknown SNES gem with a sound all its own.Read more
Ripple appoints former Uber exec to lead Southeast Asian expansion
19.3.2021
Ripple's expansion plans haven't been halted by an ongoing XRP securities lawsuit, as it appoints a new managing director for the Southeast Asia region
More Game Companies Take A Public Stand Against Anti-Asian Racism Following Atlanta Shootings
17.3.2021
A white man entered an Atlanta, Georgia spa yesterday and opened fire, killing four people and wounding another. He then drove across town and repeated this heinous act at two more locations, killing four more people. Six of the victims were Asian women, four of them of Korean descent.Read more
The Undeniable Legacy of Anti-Asian Violence
17.3.2021
It takes at least 30 minutes to drive from Young’s Asian Massage Parlor in Acworth, Georgia, to the nondescript block in the northern Atlanta suburb of Buckhead where one can find another cluster of Asian massage parlors, including Gold Spa and Aromatherapy Spa. On Tuesday, according to local...
Bandai Namco Speaks Out Against Anti-Asian Racism In America
16.3.2021
In an official statement released on Twitter this morning, Bandai Namco took a public stance against the spike of anti-Asian racism in the United States in the wake of the covid-19 pandemic.Read more
Meitu CEO Hints More Asian Firms May Buy Bitcoin, Ethereum, As Shares Rally
8.3.2021
Shares in the Hong Kong-based app maker Meitu surged as markets opened in Asia by over 14%, before correcting slightly, after news that the company had made a USD 40m investment in bitcoin (BTC) and ethereuem (ETH) – a first known investment for major companies in the region.
Per market data,...
Report: Asia’s Cryptocurrency Landscape the Most Active, Most Populous Region ‘Has an Outsize Role’
28.2.2021
Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns...
Hathor Network, $HTR Live on KuCoin, Has Just Released Exciting News: The Detailed 2021 Roadmap
24.2.2021
PRESS RELEASE. Hathor Network ($HTR, live on KuCoin) has just released exciting news: The detailed 2021 Roadmap. Community projects are a priority and growing, especially with Hathor CEO Yan Martins having recently emphasized the relevance of Asian business development, with strong focus...
Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain
23.2.2021
Some of Asia's largest banking institutions are working together on a “multiple” CBDC project, designed to cross borders and navigate regulations easier than fiat
Japanese Pop Star Talks About Her Facet as Crypto Investor — J-Pop Band Releases NFT Trading Cards
3.2.2021
Asian showbiz stars have been actively speaking about cryptocurrencies on major broadcasting networks. The Japanese pop sphere is not lagging behind, as one of its stars was featured in an interview talking about cryptos. Former Nogizaka46 Band Member Already Sold Her Crypto Holdings Nakada Kana,...
Davos Watch: 'The Old World of Currency Now Has To Catch Up'
28.1.2021
Source: Adobe/Юрий Дьяконов
Experts say that the coronavirus pandemic has accelerated the pace of the shift from cash to digital payments, triggering an estimated 8% rise in non-cash payments in the euro area alone last year. But at the same time, a glut of central bank digital currency (CBDC)...
Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US
15.1.2021
One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). Whatsminer’s Revenue Could Hit $1 to...
Some Asian Traders Are Using Polkadot to Predict Bitcoin’s Future
14.1.2021
DOT reached its all-time high of $13.22 just six days after bitcoin’s price reached a new all-time high
Indian Police Bust International Bitcoin Extortion Rackets, 96 Arrested
23.12.2020
Ninety-six people have reportedly been arrested in India for allegedly extorting bitcoin from foreigners. They set up illegal call centers, posed as police officers, and told the victims that their bank accounts had been used in illegal transactions. They also threatened to immediately arrest...
Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package
21.12.2020
Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover...