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Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners
1.10.2022
Russia is preparing to provide Kazakhstan with additional energy needed to operate crypto mining farms in the Central Asian nation. New arrangements will allow Kazakhstan’s miners to buy electricity directly from the Russian power generation and distribution giant Inter RAO. Miners...
China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies
29.9.2022
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were made as part of the pilot project with the participation of...
Southeast Asia’s Largest Bank DBS Launches Self-Directed Crypto Trading Amid Institutional Demand
25.9.2022
The largest bank in Southeast Asia, DBS, has launched self-directed cryptocurrency trading via its app. More customers are now qualified to access the bank’s digital asset exchange and trade cryptocurrencies, including bitcoin and ether. DBS Launches Self-Directed Crypto Trading DBS,...
Largest Southeast Asian Bank DBS Sees Crypto Trading Volumes Soar as Investors Bought the Dip
25.8.2022
DBS, the largest bank in Southeast Asia, says that it has benefited from the recent crypto market sell-off. The trading volume of its crypto exchange nearly doubled in July, compared to April. The quantity of bitcoin bought on its exchange grew nearly four times during that time period. DBS Crypto...
First Mover Asia: Bitcoin Trades Sideways, Investors Await Any Fed Interest Rate Signals; IMF Sees Growing Link Between Crypto and Asian Stocks
24.8.2022
Bitcoin and Ether were roughly flat over the past 24 hours
IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets
23.8.2022
Officials at the International Monetary Fund (IMF) say that the correlation between the performance of the Asian equity markets and crypto assets such as bitcoin and ethereum has increased significantly. IMF Staff on Crypto and Correlation to Asian Equities The International Monetary Fund (IMF)...
Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan
17.8.2022
Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but the development has already been hailed as a landmark achievement for the company in the Central...
Asian Blockchain Festival 2022 – An In-Depth Insight About Blockchain
12.8.2022
4th Global Edition of Super Crypto Conference Comes to Vietnam with Live, In-person Event. With the sponsorship of Novum Group, a Singapore-based Blockchain Company, the 4th global edition of SCC – Asian Blockchain Festival 2022 (ABF 2022) will bring together some of the world’s leading...
Uzbekistan Moves to Block Foreign Cryptocurrency Exchanges
12.8.2022
Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to only use digital asset exchanges licensed by the government of the Central Asian nation....
Korean Blockchain Project Klaytn Commits $20M to Asian Universities for Blockchain Research
9.8.2022
The funding will to support industry research at two of Asia’s highly ranked technology schools
Over a quarter of Asian Pacific ‘emerging giant’ startups tied to blockchain: Report
25.7.2022
A KPMG/HSBC survey finds NFTs and DeFi are more popular with Asian Pacific big startups than EV charging, quantum computing and a host of other new technologies
Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital
15.6.2022
Stablecoin issuer Tether has denied that its commercial paper portfolio is 85% backed by Chinese or Asian commercial papers
Accenture Sees Strong Demand for Digital Assets Among Asian Investors, but Hesitancy Among Advisory Firms
7.6.2022
There is a strong demand for digital assets among investors in Asia, but wealth management firms remain hesitant to support them, according to a new report from consulting giant Accenture.
The report, titled The Future of Asia Wealth Management, stated that, although a large number of Asian...
New Crypto Lawsuits, Pan-Asian Crypto Regulations, Hiring Pause + More News
3.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: New Crypto Lawsuits, Pan-Asian Crypto Regulations, Hiring Pause + More News
China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities
16.5.2022
An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban crypto-related activities. In the article,...
Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists
16.5.2022
The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFTs) created by African and Asian artists. Photographer Misan Harriman has been selected as the curator of the foundation’s permanent art collection. Supporting...
Bitcoin Sell-Off Continues as Asian Markets Fall Amid Weak China Cues
6.5.2022
Bitcoin continues losses as major markets around Asia end the week
Kazakhstan Amends Registration Rules for Cryptocurrency Miners
5.5.2022
The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown on the industry in the Central Asian nation, where the influx of miners has been blamed for persisting electricity...
Asian Biz Giants SK, Bandai, Line Bolster Metaverse, NFT Operations
15.4.2022
Some of East Asia’s biggest tech companies are delving ever deeper into the world of crypto, with Japanese and South Korean mega-companies eyeing metaverse, non-fungible token (NFT), Web3, and blockchain business expansion.
The South Korean telecoms and chaebol business giant SK, which...
Southeast Asian VC Firm SeaX Ventures Closes $60M Tech Fund
4.4.2022
The fund will invest $500,000- $5 million in technology companies, which includes blockchain and Web 3