Forkast+ Exclusive perspectives and analysis

Angelina Kwan, chief executive officer of Stratford Finance (left); Hong Kong landscape. Image: Envato Elements

Hong Kong may face backlog in virtual asset license applications as demand grows, former SFC regulator says

Angelina Kwan, who helped shape early Hong Kong automated trading services and internet trading regulation, told Forkast the upcoming virtual asset licensing regime is almost identical to that for traditional financial institutions.
samson lee, CEO of Signum Digital | Hong Kong blockchain initiatives natural evolution for finance hub, says Signum Digital CEO | hong kong crypto, hong kong web3, signum digital

Hong Kong blockchain initiatives natural evolution for finance hub, says Signum Digital CEO

Hong Kong’s new crypto licensing regime isn’t the only bullish sign for the city’s digital asset industry, says Signum Digital, the first company to win a preliminary license to handle securitized tokens in the city.

Read Latest articles and commentary

Bitcoin on blue background | Bitcoin gains as investors diversify amid worries about banking system; U.S. equity futures rise | Markets, BTC - Bitcoin, ETH -Ethereum, Federal Reserve, Bank

Bitcoin gains as investors diversify amid worries about banking system; U.S. equity futures rise

Bitcoin and the other top 10 non-stablecoin cryptocurrencies rose on Monday morning in Asia, as investors diversify amid the ongoing banking turmoil.
Zipmex logo

Zipmex buyer misses payment, could risk US$100 million buyout: Bloomberg

Zipmex cryptocurrency exchange’s US$100 million venture capital buyout may be in danger, after buyer V Ventures missed the US$1.25 million payment due on March 23
Bitcoin in sand. Markets: Bitcoin price nears US$21,000 amid market rally as Ether, Dogecoin lead gains

Bitcoin, Ether, Forkast 500 NFT index rise; gold nears year-high over banking sector concerns

Bitcoin and Ether rose during Asian trading hours on Friday, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Litecoin posting the biggest gains.
Bitcoin and crypto mining farm. Big data center.

Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps

Bitcoin’s mining difficulty level rose 7.56% on Friday, hitting an all-time high along with the network’s hashrate, showing miners are applying more computing power.
Bitcoins stack up | Bitcoin rebounds above US$28,000 as equities gain in U.S. on Treasury easing bank worries | Markets, BTC -Bitcoin, ETH - Ethereum, Federal Reserve, Bank

Bitcoin rebounds above US$28,000 as equities gain in U.S. on Treasury easing bank worries

Bitcoin bounced back above US$28,000 on Friday morning in Asia amid a rebound in all top 10 non-stablecoin cryptocurrencies and gains in equities overnight.
image of a calculator with focus on the TAX key, sheet of paper with numerical values, a metal pen, and Bitcoin with rolled dollar bills

Death and crypto taxes: Which one inspires greater dread?

Filing taxes on crypto assets is a ‘massive pain in the proverbial butt,’ writes Don Gossen of Nevermined. As IRS deadlines loom large, how can responsible investors avoid underreporting or overpaying?
do kwon and europe map | Crypto fugitive Do Kwon said to be hiding in Europe, mocks ‘cops from world over’ in series of tweets | do kwon, do kwon news, terraform labs

South Korea confirms identity of man arrested in Europe as Terra-Luna fugitive Do Kwon, seeks extradition

South Korea’s police said they confirmed the identity of a man arrested in Montenegro, Europe, as the Terraform Labs co-founder Kwon Do-hyung, who is wanted on charges of fraud related to the collapse of the stablecoin and cryptocurrency project he led.
and
Set of cryptocurrencies

Bitcoin, Ether, Forkast 500 NFT index fall, gold rises, as Janet Yellen rules out broad bank deposit insurance

Bitcoin and Ether fell during Asian trading hours on Friday, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Binance’s BNB sustaining the biggest loss in the top 10.
coinone logo and hands accepting bribery | South Korea arrests former Coinone exchange official for alleged crypto listing bribery | south korea crypto, coinone

South Korea arrests former Coinone exchange official for alleged crypto-listing bribery

A former employee of the Coinone exchange was arrested Tuesday on charges of accepting bribes in exchange for listing certain cryptocurrencies.
Coinbase

SEC warns Coinbase of potential legal action over staking, separately targets Tron founder Sun

The Securities and Exchange Commission has warned Coinbase, the largest cryptocurrency exchange in the U.S., it may face legal charges related to staking services and digital asset listings.
decentralized autonomous organization concept

How DAOs can be remade to be more efficient and successful

DAOs are exploding in popularity but still hampered by weak governance and treasury mismanagement. What can help these novel organizations become more effective?
Bitcoin in front of a chart | Bitcoin tracks equities lower on downbeat Fed, Treasury comments on rates, banks | Markets, BTC - Bitcoin, ETH - Ethereum, Federal Reserve, Bank

Bitcoin tracks equities lower on downbeat Fed, Treasury comments on banks

Bitcoin fell on Thursday morning in Asia, tracking equities lower after the U.S. Fed indicated interest rates could stay higher for longer.
Image from the DC Blockchain Summit 2023

Centralized intermediaries were cause of crypto failures in 2022, says Voorhees

If there was a lesson from the crypto implosions of 2022, it is the demonstration of the superiority of open code and decentralization over central intermediaries, argues Voorhees at DC Blockchain Summit.
Bitcoin

Bitget invests US$30 mln in BitKeep wallet, becomes controlling shareholder

Seychelles-based cryptocurrency exchange Bitget said it has invested US$30 million in decentralized multi-chain wallet BitKeep to become its controlling shareholder. 
Magic Eden

Magic Eden introduces Bitcoin Ordinals for NFT traders

Magic Eden, the largest Solana-based non-fungible token (NFT) marketplace, has launched its “audited” Bitcoin Ordinals for NFT traders.
All Articles All fastForkasts

Most watched over the last 7 days

Another Crazy Week For Bitcoin

Most read over the last 7 days

Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps

Bitcoin moves above US$28,000, Ether gains, XRP surges, U.S. equities rally

Ripple executives say XRP lawsuit ruling will have little impact on global business operations

Bitcoin treads water, other crypto retreat ahead of U.S. Fed’s decision on interest rates

Crypto needs to look abroad as US exchanges go unbanked

Delivered weekly on Thursdays

The Current Forkast

An unmissable weekly round up of the biggest stories in emerging tech from an Asian perspective, featuring commentary from Forkast Editor-in-Chief Angie Lau. Check out recent editions.