Search
Incrypted Asia 2021 the Most Premier Blockchain Conference
13.5.2021
Incrypted Asia 2021, which is one of the most premier Blockchain conferences that connects with the investors, start-up entrepreneurs, and top entrepreneurs in the blockchain and cryptocurrency spheres since 2016 happened on April 30 and May 1st, this year. With over 500 attendees, 50+ speakers...
From cypherpunk to state contracts: the changing face of blockchain
12.5.2021
Three blockchain executives discuss their work with governments in fraught political contexts, and the questions it raises about blockchain’s claim to the libertarian banner
South Korean Banking Association Concerned Over Surge of the Altcoin Trading Frenzy
12.5.2021
A banking association in South Korea recently added weight to regulatory discussions across the country, raising concerns about the high altcoin trading volume. The Korea Federation of Banks (KFB) requested its members to audit trading volumes through their crypto exchanges’ customers’...
Japanese Assembly Members Seek to Make Tokyo a ‘Cryptocurrency Trading Center’
11.5.2021
Japan is steadily becoming an area of interest for the cryptocurrency industry, and a politician in the capital city is looking to strengthen the trend. A member of the Tokyo Metropolitan Assembly wants to transform the Japanese capital into a “trading center” for cryptos. Blockchain...
Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial Companies
8.5.2021
Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making preparations to launch a CBDC pilot program soon. The National Bank Released a Public...
Digital Currency Group backs South Korean crypto exchange operator
6.5.2021
Streami, the company behind the popular GOPAX exchange, has received direct funding from Digital Currency Group
Vietnam Plans to Regulate Digital Currencies After Commissioning a Crypto Research Group
6.5.2021
Vietnam is treading waters into the cryptocurrency industry, as the government recently commissioned a research group for the purpose. The Vietnamese Ministry of Finance is conducting an in-depth study of cryptocurrencies for regulation purposes. One Million Vietnamese Are Reportedly Crypto Users...
South Korean Police Raid Crypto Exchange Allegedly Involved in a $214M Multi-Level Marketing Fraud
6.5.2021
Authorities in South Korea have launched a major raid against a domestic crypto exchange allegedly involved in a millionaire multi-level marketing (MLM) fraud. The police accuse V Global platform of running an illicit operation that reportedly stole hundreds of millions of dollars from investors....
Southeast Asia’s Largest Bank DBS Says Trading Volumes on Its Cryptocurrency Exchange Have Increased 10 Times
5.5.2021
DBS, Southeast Asia’s largest bank, says that cryptocurrency trading volumes on its exchange have grown 10 times to around $30 million to $40 million. The bank is also collaborating with JPMorgan on a blockchain settlement platform and plans to launch its first security token offering in...
South Korean Ruling Party Contemplates Postponing Crypto Tax in a Bid to Regain Younger Votes
4.5.2021
South Korean political parties are now battling to catch younger votes amid the tough stance among higher government spheres toward digital currencies. As voters are disappointed by how parties are handling the issue, one of them has taken a step forward by talking about the forthcoming crypto tax....
Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities
1.5.2021
Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed...
Uzbek presidential agency proposes legalizing domestic crypto trading
30.4.2021
Uzbekistan wants to lift its ban on cryptocurrency purchases after barring residents from buying crypto in 2019
Our Man in Shanghai: Huobi looks to become Grayscale of Asia, Yao Ming’s NFT wine, and Chinese crypto investors go to the dogs
30.4.2021
Huobi tackles the institutional market, you can now own an NFT of basketball star Yao Ming drinking red wine, and China’s digital yuan starts to target the private sector
Asia-Pacific’s solarized digitalization agenda in pandemic times
24.4.2021
Amid the COVID-19 pandemic, the role of digitalization has become central to achieving sustainability and lessening climate change
Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing Millions in Crypto Profits
24.4.2021
South Korea’s crypto-sphere has been witnessing a volatile environment in terms of regulatory moves, as bitcoin prices and other altcoins are also having wild moves. Such a scenario hasn’t stopped the country’s middle class to profit from the crypto market, even with very...
New ASEAN blockchain consortium targets cross-border cooperation
23.4.2021
The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness
Wallex Bank: Launching The Next Level Asset and Digital Asset Ecosystem
22.4.2021
Wallex Trust & Custody, a fintech company based in the USA and Europe that offers trust and custody services among its clients across borders notably in Europe, Asia, and Africa, has announced it has received a banking Crypto and Insurance license issued by the Comoros International Banking...
Crypto Fraud Reports in South Korea Surged Over 41% in 2020, Says Financial Watchdog
21.4.2021
Although bitcoin prices plummeted over the weekend, the overall bull-run remains alive, as well as the crypto-related fraud cases in South Korea. The latest figures by the domestic financial watchdog show that such incidents are still on the rise. Police to Dedicate a Special Unit to Investigate...
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...
Former South Korean Social Media Giant in Talks ‘With Major Gaming Companies’ to Implement Its Crypto
15.4.2021
A former South Korean social media giant is still keeping alive its promise to relaunch its business with the help of the cryptocurrency industry. A local media outlet reported that Cyworld is in talks with “major gaming companies” that involve crypto-related ventures. Company Also...