Asia Financial News

01.06 / 07:41

Asia Survey Square Bitcoin The more you know about Bitcoin, the more optimistic you are: Block survey

A survey from digital payment company Block Inc. has found that the higher respondents rated their own level of cryptocurrency knowledge, the more optimistic they are about the future of Bitcoin (BTC).

31.05 / 14:25

Blockchain Asia Bitcoin Training Philippines to explore blockchain use cases, launches training program

The Philippine government has started its exploration of blockchain technology use cases, launching a training program for researchers in the government’s Department of Science and Technology (DOST).

31.05 / 09:35

Government Stablecoin Tether Asia China state media signals tighter crypto regulations in Terra aftermath

The China state-owned media outlet the Economic Daily has signaled that the Chinese government may introduce even tighter regulations on cryptocurrencies and stablecoins due to the collapse of the Terra ecosystem.

24.05 / 16:21

Blockchain XRP Asia Japan's Bitbank to set up a custody firm to facilitate institutional entry to local markets

In a new development for East Asia, Japanese crypto exchange Bitbank announced a partnership with financial holding company Sumitomo Mitsui Trust Holdings with the goal of establishing Japan Digital Asset Trust (JADAT).

20.05 / 22:17

NASDAQ Tether Asia Bitcoin Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions

On May 12 the total crypto market capitalization reached its lowest close in 10 months and the metric continues to test the $1.23 trillion support level. However, the following 7 days were reasonably calm while Bitcoin (BTC) gained 3.4% and Ether (ETH) added a modest 1.5%. Presently, the aggregate crypto cap stands at $1.31 trillion.

07.05 / 00:11

Tether Asia TRON Bitcoin crypto market cap Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T

The total crypto market capitalization has been trading within a descending channel for 24 days and the $1.65 trillion support was retested on May 6. The drop to $1.65 trillion was followed by Bitcoin (BTC) reaching $35,550, its lowest price in 70 days.

27.04 / 22:07

cryptocurrency Adoption Asia More Confidence By Banks Could Trigger 'Second Wave' Of Crypto Adoption - Expert Panel

Asia-focused banks and financial institutions consider there is a need for more regulatory clarity across the region, but also more confidence by financial institutions to trigger what could become the “second wave” of crypto adoption across the region, according to the participants of a debate held on the second day of the Crypto and Digital Assets Summit hosted by the Financial Times.

20.04 / 11:09

Blockchain Asia Bitcoin Brain drain: India’s crypto tax forces budding crypto projects to move

India’s 30% crypto tax came into law on March 31 and was effective April 1, despite warnings from several stakeholders about its possible ill impact on the budding crypto industry.

15.04 / 03:47

Adoption NFT Non-fungible tokens Asia Asian Biz Giants SK, Bandai, Line Bolster Metaverse, NFT Operations

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.

11.04 / 14:37

Ethereum Trading Asia Bitcoin MEXC Supporting startups is essential for every crypto business: Q&A with VP of MEXC exchange

Exchanges have long been more than just trading platforms: they’ve been used for fundraising, marketing promotion, brand exposure and more. Cointelegraph talked to Katherine Deng, VP of MEXC and founder of MEXC Pioneer, about the true role crypto exchanges are playing in the current crypto market and what else they can be doing.

06.04 / 16:29

business Adoption Asia HSBC debuts metaverse investment fund in Asia: Report

Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple media reports.

04.04 / 13:11

Adoption Gemini Asia Survey About 50% of Surveyed Crypto Owners Made Their First Buy in 2021 - Gemini

Nearly half of the surveyed crypto owners made their first crypto purchase last year, according to a survey commissioned by crypto exchange Gemini.

04.04 / 00:05

business Blockchain Adoption Asia Celebrity tokens: Signs of rising crypto adoption in Indonesia

Cryptocurrency investments in Indonesia have seen considerable growth between 2020-2022, with 4% of the country’s population having invested in crypto.

02.04 / 18:05

business Blockchain Asia Bitcoin Indonesia’s cryptocurrency community in 2022: An overview

Crypto is the next big thing in Indonesia. According to the Ministry of Trade, transactions for currencies like Bitcoin (BTC)grew over 14 times from a total of 60 trillion rupiahs ($4.1 billion) in 2020 to a total of 859 trillion rupiahs ($59.83 billion) in 2021.

30.03 / 18:09

Technology Law Asia Is China’s apprehension to ban NFTs a hopeful sign for investors?

It’s no secret that China has a clear disdain for all things crypto, as was highlighted last year when the country decided to ban its digital asset industry in its entirety. That said, one niche related to the crypto industry that has continued to thrive in the region despite the ban is its nonfungible token (NFT) market. However, with certain negative developments coming to the forefront recently, this may not be the case much longer.

29.03 / 02:07

Tether Gaming Asia Bitcoin surges Bitcoin price surges, but derivatives metrics reflect pro trader’s neutral sentiment

As Bitcoin (BTC) finally broke out of the $46,000 resistance on March 27, traders were quick to conclude that the bearish trend was gone for good. Even as the price hit its highest level in 84 days, derivatives metrics and Asia’s Tether premium still show a lack of bullish sentiment.

24.03 / 16:45

business Government Asia Tax man: India’s new tax policies could prove fatal for crypto industry

Indian crypto tax policy has become the hottest topic for Indian crypto traders and exchange operators as it is set to become law on March 24 and will come into effect starting on April 1.

22.03 / 07:35

Blockchain Asia Bitcoin Crypto market selling pressure remains Asia dominated: Glassnode

The Bitcoin network’s on-chain activity still appears to be in a bear market as U.S. and E.U. buyers are struggling to stay ahead of sellers based in Asia.

21.03 / 22:31

Ethereum Tether Asia Bitcoin crypto market cap NOT 2 metrics signal traders do not expect $2T crypto market cap anytime soon

Cryptocurrencies failed to break the 42-day long downtrend after the $1.95 trillion capitalization resistance was rejected on March 20. Even though Bitcoin (BTC) gained a modest 3.7% over the past seven days, altcoins presented a robust rally.

04.03 / 05:15

Adoption Latin America Asia Survey 75% of investors in emerging markets want more crypto: survey

A recent survey has revealed that a whopping 75% of investors in Asia-Pacific and Latin American emerging markets are looking to increase their exposure to cryptocurrency investments.

02.03 / 16:17

business Binance Asia stake Binance back in Malaysia via a strategic stake in regulated digital exchange

Binance, the world’s leading crypto exchange by trading volume is returning to the Malaysian markets with a strategic stake in the country’s regulated digital asset trading platfrom MX Global.

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