Asia Financial News

21.04 / 07:07

business Gemini Asia Winklevoss Twins Job Gemini flags ‘big plans’ for Asia with India hub and regional CEO

United States-based cryptocurrency exchange Gemini announced the establishment of a new engineering hub in India with plans to tap into the country’s pool of top tech talent.

19.04 / 09:33

Adoption Asia ATM CoinATMRadar Bitcoin Australia installs more Bitcoin ATMs than whole of Asia

Australia, the country that hosts the third-largest network of Bitcoin (BTC) ATMs, surpassed the continent of Asia in terms of the total number of crypto ATMs installed.

14.04 / 11:39

cryptocurrency Ether Asia Cryptocurrency Ether Leaps To 11-Month High In Wake Of Software Upgrade

The price moved up sharply shortly after 0030 GMT. (File)

14.04 / 06:55

Blockchain Report Gaming Asia Sony Asia’s current gaming domination ‘crucial’ for Web3 games: DappRadar

Asia is “crucial” to the Web3 gaming industry as it already boasts the majority share of gamers, gaming revenue and has a high interest in blockchain technology a new report suggests.

10.04 / 15:15

regulation Legal Asia Bank of England UK US President Fried Sam Time Brett Today in Crypto: 'Now is Best Time to Invest in Web3', Ex-FTX US President Brett Harrison Resigned Due to 'Protracted Disagreement' with Sam Bankman-Fried, Bank of England Building a CBDC Team

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

10.04 / 06:43

business Asia exchanges Derivatives Bitget launches $100M Web3 fund for crypto projects in Asia

Crypto derivatives exchange Bitget launched a new fund focused on supporting the next generation of Web3 projects. According to a statement seen by Cointelegraph, $100 million will be invested in the fund as an initial investment.

07.04 / 19:59

business Blockchain Uniswap Asia Conflux proposes deploying Uniswap v3, setting up $2M liquidity pool for CFX pairs

Conflux, a regulatory-compliant public blockchain based in China, seeks to deploy the Uniswap v3 on its network, according to a proposal on Uniswap's governance forum on April 7. The move comes days after the Uniswap v3 code license expired, enabling developers to fork the protocol and deploy their own decentralized exchange (DEX).

06.04 / 14:13

Law Adoption regulation Religion Asia Middle east Financial Islam and crypto: How digital assets can comply with Islamic financial law

Islamic banking and finance is a system based on the principles of Shariah, or Islamic law, which, among many other things, prohibits the charging or paying of interest on loans and emphasizes ethical and equitable financial transactions.

31.03 / 17:07

Blockchain Web3 Gaming Asia Sky Mavis Asia’s gaming giants bet on Web3 to transform the global gaming landscape

The Web3 gaming sector is growing fast, accounting for half of the entire blockchain industry in terms of on-chain activity. Asia Pacific is leading the trend, with China alone having over 700 million players ready to adopt blockchain-based games.

30.03 / 13:57

business Government Blockchain Technology Adoption Asia Indonesian government looks to NFTs to preserve cultural heritage

One of the primary benefits of blockchain technology is the ability to record and capture information in a permanent, tamper-proof record. Once data is on a blockchain network, it cannot be altered, making it an ideal solution for record-keeping.

26.03 / 07:07

business Adoption applications Asia services Fujitsu interested in crypto trading services: trademark application

Japanese tech giant Fujitsu filed a trademark application with the United States Patent and Trademark Office (USPTO), revealing its intent to offer brokerage services for cryptocurrency trading, among other crypto and non-crypto financial facilities.

22.03 / 19:51

Blockchain Tether USDT Gaming Asia Lightning Network Bitcoin acquires Today in Crypto: Chainlink Labs Partners with PwC Germany, Bitget Acquires BitKeep, Bitzlato Allows Users to Withdraw up to 50% of Assets, BANXA Joins Hands with BitMart

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

28.02 / 17:29

business Adoption Web3 Asia Could NFTs and crypto help Japan’s ‘Cool Japan’ strategy?

Japan has consistently been a leader in the tech industry, so it’s a logical step forward that, given current trends in the space, the Cool Japan movement might incorporate Web3 to strengthen its initiative. Bringing Web3 into the mix alongside the popular culture aspects of the movement could prove a boon for the mission, but this move has not yet been implemented by the government-led movement.

27.02 / 23:35

markets SEC Asia Federal Reserve Central Bank Interest rates Bitcoin regulatory Bitcoin bulls remain in charge even in the face of increasing regulatory FUD

Bitcoin (BTC) price broke above $25,000 on Feb. 21, accruing a 53% year-to-date gain at the time, it made sense to expect the rally to continue after U.S. retail sales data from the previous week vastly surpassed the market consensus. This fuelled investors' hope for a soft landing and the possible aversion of a recession in the U.S. economy.

21.02 / 08:43

business Law regulation Asia Hong Kong’s crypto ambition gets subtle nod from Beijing: Report

Hong Kong’s ambition of becoming a cryptocurrency hub is reportedly seeing subtle support from the Chinese government, in what could be seen as a contrast to the mainland’s hard-line anti-crypto stance.

20.02 / 22:45

markets Stablecoin Binance Asia Federal Reserve Interest rates Bitcoin Support regulatory Bitcoin bulls ignore the recent regulatory FUD by aiming to flip $25K to support

It might seem like forever and a day ago when the Bitcoin (BTC) price was trading below $18,000, but in reality, it was 40 days ago. Generally, cryptocurrency traders tend to have a short-term memory and, more importantly, they attribute less importance to negative news during bull runs. A great example of this behavior is BTC’s 15% gain since Feb. 13, despite a steady flow of bad news in the crypto market.

20.02 / 05:41

Blockchain Adoption Gemini Asia Bitcoin Bull run Crypto’s next bull run will come from the East: Gemini co-founder

Crypto's next bull run will start in Asia, according to Cameron Winklevoss, an American investor, and co-founder of crypto exchange Gemini.

14.02 / 20:31

markets Binance SEC Kraken Asia Bitcoin Bitcoin price clings to $22K as investors digest the recent SEC actions and CPI report

After twenty days of holding the $22,500 support, Bitcoin (BTC) price finally broke down on Feb. 9. Bullish traders had placed their hope on a sustained rally, but this has been replaced by a tight trading range with resistance at $22,000.

04.02 / 13:29

Adoption Asia Central Bank legislation Bitcoin Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch

On a recent visit to Sri Lanka, American billionaire Tim Draper pitched the idea of adopting Bitcoin (BTC) as a legal tender to fight against the corruption that contributed to hyperinflation in the island country. However, a key Sri Lankan authority — central bank Governor Nandalal Weerasinghe — believed doing so would worsen the country’s economic situation.

03.02 / 17:05

Adoption Trading Asia Mainstream Bitcoin Bitcoin Price retail traders Bitcoin’s big month: Did US institutions prevail over Asian retail traders?

Bitcoin experienced the second-strongest January in its history — and the best since 2013 — rising nearly 40% amid wide reports that institutional investors were back on board.

30.01 / 23:03

markets Stablecoin NASDAQ Asia Federal Reserve Interest rates Warner Bros Bitcoin economic data Bitcoin aims for $25K as institutional demand increases and economic data soothes investor fears

Bitcoin (BTC) price broke above $22,500 on Jan. 20 and has since been able to defend that level — accumulating 40.5% gains in the month of January. The move accompanied improvements in the stock market, which also rallied after China dropped COVID-19 restrictions after three years of strict pandemic controls.

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