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![Markets: Bitcoin, Ether prices fall with most of crypto top 10, Polygon flips Solana 1 Pile of Bitcoins on red background. | Markets: Bitcoin, Ether prices fall with most of crypto top ten, Polygon flips Solana](https://forkast.news/wp-content/uploads/2022/11/Bitcoin2-1-1260x840.jpg)
Markets: Bitcoin, Ether prices fall with most of crypto top 10, Polygon flips Solana
Bitcoin dipped below US$21,000 in Tuesday morning trading in Asia as Ether and most other tokens in the cryptocurrency top ten by market capitalization, excluding stablecoins, lost ground.
![Stablecoin, CBDC issues take center stage at Singapore’s Future of Finance Forum 2 Singapore Future Finance Forum (L-R Balaji Srinivasan, Dante Disparte, Eric Anziani, Jessica Renier, Diogo Monica) discussing stablecoins and CBDCs](https://forkast.news/wp-content/uploads/2022/11/Singapore-Future-Finance-Forum-L-R-Balaji-Srinivasan-Dante-Disparte-Eric-Anziani-Jessica-Reiner-Diogo-Monica-1260x945.jpg)
Stablecoin, CBDC issues take center stage at Singapore’s Future of Finance Forum
Central bank digital currencies draw fire over inflation, privacy and threat to innovation, as questions raised over status of stablecoins in digital asset ecosystem.
![SEC gets more time to file reply briefs in XRP lawsuit against Ripple 3 Ripple Vs SEC Images](https://forkast.news/wp-content/uploads/2022/11/Ripple-Vs-SEC-Images-5-1260x709.jpg)
SEC gets more time to file reply briefs in XRP lawsuit against Ripple
The U.S. SEC has received approval from the court to extend the time for all parties to submit reply briefs, in the ongoing lawsuit the SEC filed in 2020 against Ripple.
![Markets: Bitcoin, Ether fall; Dogecoin interest fades 4 graph2 1](https://forkast.news/wp-content/uploads/2022/09/graph2-1-1260x840.jpg)
Markets: Bitcoin, Ether fall; Dogecoin interest fades
Bitcoin and Ether dropped in afternoon trading in Asia along with almost every other top 10 cryptocurrency by market capitalization, excluding stablecoins. MATIC was the only coin to gain.
![How sustainable is that fast-fashion minidress? Blockchain can help you find out 5 People walk by the Louis Vuitton store on Bond Street in London, England](https://forkast.news/wp-content/uploads/2022/10/GettyImages-108289370-1260x837.jpg)
How sustainable is that fast-fashion minidress? Blockchain can help you find out
Fashion’s ‘greenwashing’ scandals could be a thing of the past if blockchain is used to hold companies accountable, writes Lars Rensing of Protokol.
![Hong Kong needs engineering talent to reclaim role as digital asset hub 6 Hong Kong skyline. Neil Tan, chairman of the Fintech Association of Hong Kong.](https://forkast.news/wp-content/uploads/2022/11/Timmy-7-1260x659.png)
Hong Kong needs engineering talent to reclaim role as digital asset hub
Hong Kong’s latest FinTech policies indicate it wants to reclaim its position as a hub for cryptocurrencies and digital assets, but that means finding the right people for the job.
![Indian crypto exchange WazirX introduces profit, loss function 7 WazirX](https://forkast.news/wp-content/uploads/2022/11/wazirx-1260x709.jpg)
Indian crypto exchange WazirX introduces profit, loss function
WazirX, India’s largest cryptocurrency exchange by trade volume, has introduced a profit and loss function for users to analyze and calculate their investments.
![Bitcoin mining difficulty falls 0.2% in latest adjustment 8 Mining bitcoin concept. Golden Bitcoin currency. Festive atmosphere on black background with lights.](https://forkast.news/wp-content/uploads/2022/11/btc.jpg)
Bitcoin mining difficulty falls 0.2% in latest adjustment
Bitcoin mining difficulty nudged down 0.2% in Monday’s biweekly adjustment, according to data from BTC.com.
![LG Electronics seeks Web3 talent for blockchain, NFT efforts 9 LG Electronics logo, Web3 background | LG Electronics seeks Web3 talent for blockchain-NFT efforts | lg electronics web3, blockchain](https://forkast.news/wp-content/uploads/2022/11/leg-1260x945.png)
LG Electronics seeks Web3 talent for blockchain, NFT efforts
LG Electronics is recruiting chief technical officers (CTOs) to lead the company’s growing Web3 business.
![Half a million users move to decentralized alternative Mastodon following Elon Musk Twitter grab 10 Mastodon logo (left), Twitter logo (right)](https://forkast.news/wp-content/uploads/2022/11/Picture2-1260x709.png)
Half a million users move to decentralized alternative Mastodon following Elon Musk Twitter grab
Amid uncertainty and criticism following Elon Musk’s takeover of Twitter, nearly half a million users have flocked to Mastodon, a decentralized alternative.
![Binance to sell FTX token holdings amid questions over trading arm Alameda finances 11 Ex-FTX CEO Sam Bankman-Fried | Binance’s pending acquisition, rescue of FTX may attract attention of antitrust regulators](https://forkast.news/wp-content/uploads/2022/11/SBF-1260x840.jpg)
Binance to sell FTX token holdings amid questions over trading arm Alameda finances
Binance CEO Changpeng Zhao said Binance will liquidate its remaining FTT tokens issued by the second-largest crypto exchange FTX amid questions over Alameda Research.
![South Korea’s online KakaoBank to open accounts for Coinone exchange users this month 12 coinone and kakaobank logo | South Korea’s online KakaoBank to open accounts for Coinone exchange users this month | kakaobank, south korea crypto, coinone kakaobank](https://forkast.news/wp-content/uploads/2022/11/coinone-kakao-1260x945.png)
South Korea’s online KakaoBank to open accounts for Coinone exchange users this month
KakaoBank, one of South Korea’s online-only banks with nearly 20 million users, said it will start providing accounts for users of Coinone exchange in November.
![Markets: Bitcoin, Ether prices pull back after weekend gain on sign U.S. inflation may be easing 13 Bitcoin and cash on a wooden table.](https://forkast.news/wp-content/uploads/2022/11/BitcoinMoney2-1260x840.jpg)
Markets: Bitcoin, Ether prices pull back after weekend gain on sign U.S. inflation may be easing
Bitcoin and Ether fell in Monday morning trading in Asia as the crypto market gave up some gains made on the weekend on the back of U.S. job numbers on Friday.
![Crypto asset manager HashKey gets Singapore’s in-principle license 14 Singapore skyline at night](https://forkast.news/wp-content/uploads/2022/11/singapore5-1260x840.jpg)
Crypto asset manager HashKey gets Singapore’s in-principle license
HashKey Capital Singapore, an investment arm of Hong Kong-based HashKey Group, said on Friday that it received an in-principle approval for the Capital Markets Services license from the Monetary Authority of Singapore (MAS).
![Chainlink, green asset exchange MVGX to explore crypto carbon trading 15 From above set of financial diagrams showing growth in trading market against green background. 3d render](https://forkast.news/wp-content/uploads/2022/11/rows-of-financial-charts-on-green-surface-2022-10-19-05-09-56-utc-1260x709.jpg)
Chainlink, green asset exchange MVGX to explore crypto carbon trading
Singapore blockchain-based carbon credits exchange Metaverse Green Exchange (MVGX) will partner crypto data provider Chainlink to explore tokenized carbon trading.
![Markets: Bitcoin, Ether gain; DOGE leads top 10 crypto losses; Hang Seng rises 5% 16 Cryptocurrency Bitcoin golden coins spilling on the table.](https://forkast.news/wp-content/uploads/2022/11/bitcoin2-1260x709.jpg)
Markets: Bitcoin, Ether gain; DOGE leads top 10 crypto losses; Hang Seng rises 5%
Bitcoin and Ether gained with mixed results across the top 10 cryptocurrencies by market capitalization, excluding stablecoins. The Hong Kong Hang Seng Index gained 5.30% amid speculation that the Chinese economy will soon reopen.
![India forms new crypto advocacy body with Coinbase, Polygon 17 India's Taj Mahal](https://forkast.news/wp-content/uploads/2022/11/indias-taj-mahal-1260x861.jpg)
India forms new crypto advocacy body with Coinbase, Polygon
Cryptocurrency exchanges and Web 3.0 companies, including Coinbase and Polygon, have formed the Bharat Web3 Association in India to strengthen regulation and consumer protection for the industry.
![Token price of Ethereum-based play-to-earn company Gala Games falls some 20% after hacking scare 18 puzzle-with-cyber-robber-icons-be-careful-and-unl-2022-09-29-15-37-30-utc](https://forkast.news/wp-content/uploads/2022/11/puzzle-with-cyber-robber-icons-be-careful-and-unl-2022-09-29-15-37-30-utc-1260x709.jpg)
Token price of Ethereum-based play-to-earn company Gala Games falls some 20% after hacking scare
The network says the apparent attack was just a preemptive safeguard against an issue with a cross-chain bridge.
![Canada to examine risks from crypto, stablecoins, CBDCs in budget 19 coins Bitcoin, against the background of Canada flag, concept of](https://forkast.news/wp-content/uploads/2021/05/coins-bitcoin-against-the-background-of-canada-fla-C4QBC9R-1-scaled.jpg)
Canada to examine risks from crypto, stablecoins, CBDCs in budget
The Canadian government will begin a consultation on the risks that digital assets and currencies may pose to the country’s traditional financial system.
![Dashcam maker Hivemapper issues crypto HONEY for road image contribution 20 bangkok2 5](https://forkast.news/wp-content/uploads/2022/09/bangkok2-5-1260x786.jpg)
Dashcam maker Hivemapper issues crypto HONEY for road image contribution
San Francisco-based dashcam maker and decentralized mapping service provider Hivemapper issued cryptocurrency tokens HONEY to reward dashcam users for contributing driving data and road imagery on Friday Hong Kong time, according to a press release shared with Forkast.
![Goldman Sachs launches crypto explainer, trend tool for institutional clients 21 Goldman Sachs CEO David Solomon. Goldman Sachs launches crypto categorization tool for institutional clients](https://forkast.news/wp-content/uploads/2022/11/DavidSolomon4-1260x858.jpg)
Goldman Sachs launches crypto explainer, trend tool for institutional clients
After dabbling in cryptocurrency product offerings, Goldman Sachs is now offering a service to clients to help analyze tokens and market trends.
![Crypto fugitive Do Kwon said to be hiding in Europe, mocks ‘cops from world over’ in series of tweets 22 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](https://forkast.news/wp-content/uploads/2022/11/kwon-europe-1260x945.png)
Crypto fugitive Do Kwon said to be hiding in Europe, mocks ‘cops from world over’ in series of tweets
The South Korean founder of the collapsed Terra stablecoin faces multiple allegations of wrongdoing, the latest being price manipulation.
![Curiosity 'always' fuels innovation, says blockchain co-creator Stuart Haber 23 Stuart Haber](https://forkast.news/wp-content/uploads/2022/11/Stuart-Haber-1.png)
Curiosity ‘always’ fuels innovation, says blockchain co-creator Stuart Haber
U.S. computer scientist Stuart Haber, recognized with Scott Stornetta as the co-inventor of blockchain, says he is excited to see the evolution of the technology, not only in the financial sector, but also in entertainment, business, and technology industries.
![Bitcoin, Ether prices rise, Polygon leads top 10 in gains, Doge, Shib retreat 24 Stack of Bitcoins on top of a laptop. Bitcoin, Ether prices rise, Polygon leads top 10 in gains, Doge, Shib retreat](https://forkast.news/wp-content/uploads/2022/11/Bitcoin56-1260x841.jpg)
Bitcoin, Ether prices rise, Polygon leads top 10 in gains, Doge, Shib retreat
Bitcoin and Ether rose in Friday morning trading in Asia. Polygon’s Matic led gains in the top 10 tokens after Instagram said it would use Polygon to integrate NFTs into its platform.
![Standard Chartered invests in Partior blockchain payments platform 25 Standard Chartered Bank](https://forkast.news/wp-content/uploads/2022/11/stanchart-1260x838.jpg)
Standard Chartered invests in Partior blockchain payments platform
London-headquartered banking giant Standard Chartered announced on Thursday that it had invested in the blockchain-based interbank settlement platform Partior, a joint venture of JP Morgan, DBS bank and Temasek.
![‘End of the beginning’ in blockchain development, Singapore FinTech Festival speakers declare 26 Singapore Downtown skyline at night. Financial district and business centers in technology smart urban city in Asia. Skyscraper and high-rise buildings.](https://forkast.news/wp-content/uploads/2022/11/marina-bay-area-in-singapore-city-2022-10-06-06-46-54-utc-2-1260x840.jpg)
‘End of the beginning’ in blockchain development, Singapore FinTech Festival speakers declare
Bursting of speculative bubble described as a turning point in the evolution of digital assets as industry players and observers welcome promise of mainstream adoption and better governance.
![Singapore still aims to be a crypto hub, minus speculative trading 27 Merion at night in Marina Bay, Singapore](https://forkast.news/wp-content/uploads/2022/11/singapore3-1260x805.jpg)
Singapore still aims to be a crypto hub, minus speculative trading
The Monetary Authority of Singapore (MAS) wants to build the city-state into a “crypto hub” fueled by instant settlements, tokenized assets and programmable money, not “speculating in cryptocurrencies,” Ravi Menon, the central bank’s managing director, said at the Singapore FinTech Festival on Thursday.
![Singapore’s Project Ubin+ to study cross-border FX with CBDCs 28 Singapore](https://forkast.news/wp-content/uploads/2022/11/singapore2-1-1260x840.jpg)
Singapore’s Project Ubin+ to study cross-border FX with CBDCs
The MAS launched Project Ubin+ on Thursday, a collaborative initiative with international partners to explore cross-border foreign exchange settlements using wholesale CBDC.
![OpenSea unveils features to freeze stolen NFTs and malicious links 29 A red padlock stands out from others. Protecting information and avoiding unauthorized access and data leakage. Hacking attack. Safety of personal data, privacy of users. NSFW. Virus, antivirus](https://forkast.news/wp-content/uploads/2022/11/padlock-2022-08-01-01-48-45-utc-1260x709.jpg)
OpenSea unveils features to freeze stolen NFTs and malicious links
OpenSea will pilot a system that freezes the trading of NFTs involved in suspicious sales while it reviews the transaction.
![Digital wallet Cryptillian seeks to back Ripple against SEC in XRP lawsuit 30 Ripple Vs SEC Images](https://forkast.news/wp-content/uploads/2022/11/Ripple-Vs-SEC-Images-3-1260x709.jpg)
Digital wallet Cryptillian seeks to back Ripple against SEC in XRP lawsuit
Digital wallet service provider Cryptillian Payment Systems has requested to file an amicus brief to support Ripple Labs Inc. in the latter’s ongoing court battle against the U.S. Securities Exchange Commission (SEC).
Markets: Bitcoin, Ether fall; top 10 crypto mixed following Fed rate hike
Bitcoin and Ether dropped in Thursday afternoon trading in Asia, while the rest of the top 10 cryptocurrencies by market capitalization, excluding stablecoins, posted mixed results.
![Crypto leaders differ over Do Kwon blame in May's market crash 31 Do Kwon and Terra logo | South Korea’s investigation of Do Kwon ‘unfair’: Terraform Labs | do kwon terra, do kwon investigation, do kwon news, do kwon latest news](https://forkast.news/wp-content/uploads/2022/09/dowknterra-1260x945.png)
Crypto leaders differ over Do Kwon blame in May’s market crash
‘Bad actor’ or a ‘sliding market’? Blockchain industry leaders at Hong Kong FinTech Week offer insights into the Terra-LUNA crash.
![Binance will re-enter South Korea’s crypto market, CZ says 32 Binance CEO Changpeng Zhao at Web Summit 2022 | Binance will re-enter South Korea’s crypto market, CZ says | binance, changpeng zhao, cz binance, binance south korea](https://forkast.news/wp-content/uploads/2022/11/cz-1260x698.png)
Binance will re-enter South Korea’s crypto market, CZ says
Binance is preparing to operate in South Korea’s crypto market, said CEO Changpeng Zhao at the Web Summit 2022 held in Lisbon.
![Binance considers buying banks, bridging gap between crypto, TradFi 33 Binance founder and CEO Changpeng Zhao. Image: Binance/Youtube](https://forkast.news/wp-content/uploads/2022/11/CZ-1-1260x624.jpg)
Binance considers buying banks, bridging gap between crypto, TradFi
The world’s largest crypto exchange seeks to become a bridge between traditional finance and cryptocurrencies.
![Instagram to allow creators to mint and sell NFTs through the platform 34 Screenshot of Instagrams NFT support. Instagram to allow creators to mint and sell NFTs through the platform](https://forkast.news/wp-content/uploads/2022/11/IG3-1260x582.png)
Instagram to allow creators to mint and sell NFTs through the platform
Instagram will soon allow creators to mint and sell NFTs through the platform to buyers both on and off Instagram using an ‘end-to-end toolkit.’
![Crypto Winter will only get worse as industry adjusts: Tezos cofounder 35 Bitcoin cryptocurrency, blockchain technology decentralized currency coin, conceptual image with selective focus](https://forkast.news/wp-content/uploads/2022/11/bitcoin-cryptocurrency-coin-2021-08-26-23-03-00-utc-2-1260x708.jpg)
Crypto Winter will only get worse as industry adjusts: Tezos cofounder
The ongoing Crypto Winter is ‘only going to get worse’ as the industry is re-evaluated amongst tighter interest rates, the cofounder of Tezos predicts.
![How soulbound tokens can lift billions of lives around the world 36 NFT sign on a microchip and token with SBT letters; golden electronic board background](https://forkast.news/wp-content/uploads/2022/11/Forkast-Opinion-Images-1260x710.png)
How soulbound tokens can lift billions of lives around the world
What are soulbound tokens, and how can they end the ‘credit paradox’ that has been holding back the unbanked masses? Fakhul Miah of CreDA explains.
Singapore fintech fest raises profile of industry that wants to ‘disappear’
Digital asset and blockchain highlights of event draw huge crowds, even as industry figures say they want the technology behind them to become just a normal component of the finance system.
![Markets: Bitcoin and Ether fall with crypto top 10 as Fed raises rates 75 bps 37 US Federal Reserve Chair Jerome Powell](https://forkast.news/wp-content/uploads/2022/11/JeromePowell-1260x840.jpg)
Markets: Bitcoin and Ether fall with crypto top 10 as Fed raises rates 75 bps
Markets: Bitcoin and Ether fall with crypto top 10 as Fed raises rates 75 bps
![India’s finance minister urges G20 nations to come on board to regulate crypto 38 nirmala sitharaman](https://forkast.news/wp-content/uploads/2022/11/nirmala-sitharaman-1260x912.jpg)
India’s finance minister urges G20 nations to come on board to regulate crypto
Indian Finance Minister Nirmala Sitharaman has urged all Group of 20 (G20) nations, as well as international bodies like the International Monetary Fund and Financial Stability Board, to come together to help regulate crypto assets. See related article: India’s finance minister sees 46% growth in blockchain technology use in next few years Fast facts Sitharaman […]
![BIS’ ‘Project Mariana’ to explore CBDC integration with DeFi 39 Project Mariana overview](https://forkast.news/wp-content/uploads/2022/11/BIS-1260x875.jpg)
BIS’ ‘Project Mariana’ to explore CBDC integration with DeFi
The Bank for International Settlements (BIS) has launched a new project with the central banks of Singapore, France and Switzerland to study the possibility of integrating some decentralized finance (DeFi) features with central bank digital currencies (CBDCs). See related article: mBridge participants to end domestic payments of foreign CBDCs Fast facts The BIS announced on […]
![Hong Kong crypto policy turns on hopes of economic revival 40 eddie yue](https://forkast.news/wp-content/uploads/2022/10/eddie-yue-1260x840.jpg)
Hong Kong crypto policy turns on hopes of economic revival
Top blockchain and crypto news: Hong Kong rethinks digital assets. CBDC to debut in India. China’s e-yuan privacy problem.
![Payments platform StraitsX to show real-world stablecoin use at Singapore Fintech Festival 41 singapore](https://forkast.news/wp-content/uploads/2022/11/singapore1-1260x858.jpg)
Payments platform StraitsX to show real-world stablecoin use at Singapore Fintech Festival
Singapore-based StraitsX, a payments infrastructure for digital assets, will pilot stablecoin applications at the ongoing Singapore Fintech Festival.
![Markets: Bitcoin, Ether drop; Dogecoin rally ends 42 Bitcoin and Hong Kong banknote](https://forkast.news/wp-content/uploads/2022/10/bitcoin-and-hong-kong-banknote-2022-09-16-03-44-37-utc-1260x709.jpg)
Markets: Bitcoin, Ether drop; Dogecoin rally ends
Bitcoin and Ether dropped in Wednesday afternoon trading in Asia amid losses among all top 10 cryptocurrencies by market capitalization, excluding stablecoins, led by Shiba Inu.
![Can blockchain tech in green finance attract more investors and deter bad actors? 43 From above set of financial diagrams showing growth in trading market against green background. 3d render](https://forkast.news/wp-content/uploads/2022/11/rows-of-financial-charts-on-green-surface-2022-10-19-05-09-56-utc-1260x709.jpg)
Can blockchain tech in green finance attract more investors and deter bad actors?
As governments look towards zero carbon emission goals, new means of creating climate-related financial products are being tested on the blockchain.
![Huobi plans to move HQ to the Caribbean, Justin Sun says 44 Huobi logo, Justin Sun photo](https://forkast.news/wp-content/uploads/2022/11/Timmy-5.png)
Huobi plans to move HQ to the Caribbean, Justin Sun says
Huobi Global, one of the world’s largest cryptocurrency exchanges, plans to move its headquarters to the Caribbean, its new advisory board member Justin Sun said.
![NEAR sets up Web3 hub in South Korea, eyes Asia expansion 45 near korea logo, behind night skyline of Seoul, south korea | NEAR sets up Web3 hub in South Korea, eyes Asia expansion | near protocol, near foundation, near south korea](https://forkast.news/wp-content/uploads/2022/11/near-korea-1260x945.png)
NEAR sets up Web3 hub in South Korea, eyes Asia expansion
NEAR Foundation is establishing a Web3 hub in South Korea to expand its allegiance with blockchain projects in Korea and Asia.
![NFT sales decline for sixth straight month despite tailwinds 46 Art Gobbler NFT series. NFT sales decline for sixth straight month despite tailwinds](https://forkast.news/wp-content/uploads/2022/11/OctoberNFT-1260x709.jpg)
NFT sales decline for sixth straight month despite tailwinds
While October saw the emergence of two very popular NFT collections, sales failed to break US$500 million in the lowest figures since July 2021.
![Singapore lender DBS explains its DeFi experiments, plans 47 Han Kwee Juan](https://forkast.news/wp-content/uploads/2022/11/Han-12-resized.png)
Singapore lender DBS explains its DeFi experiments, plans
DBS, the largest bank in Southeast Asia, said it tested trading of foreign exchange and government bonds using permissioned decentralized finance (DeFi) liquidity pools on a public blockchain as part of the city-state’s Project Guardian exploration of blockchain in finance.
![DBS bank says it tested blockchain DeFi protocols for forex, bond transactions 48 DBS](https://forkast.news/wp-content/uploads/2022/11/DBS-image-1260x840.jpg)
DBS bank says it tested blockchain DeFi protocols for forex, bond transactions
The bank is in the center of developments shepherded by the Monetary Authority of Singapore to explore digital financial technologies emerging around blockchain.
![Asia’s largest metaverse Zepeto targets sex abuse, exploitation 49 zepeto x inhope partnership graphic with zepeto avatars hugging eachother | Asia’s largest metaverse Zepeto targets sex abuse, exploitation | metaverse, zepeto, naver z](https://forkast.news/wp-content/uploads/2022/11/zepeto-inhope-1260x945.png)
Asia’s largest metaverse Zepeto targets sex abuse, exploitation
Naver Z Corp. announced its partnership with INHOPE to protect youth from sexual abuse and exploitation on the virtual platform.
![USDC stablecoin issuer Circle wins Singapore digital payment license 50 Singapore](https://forkast.news/wp-content/uploads/2022/11/circle-singapore-1260x919.jpg)
USDC stablecoin issuer Circle wins Singapore digital payment license
The issuer of the world’s second-largest stablecoin is joining a fleet of companies in the digital asset industry moving into Singapore. What’s the attraction?
![Markets: Bitcoin, Ether prices flat; Dogecoin, SHIB lead gains in crypto top 10 51 Cryptocurrencies on top of U.S. dollars. Markets: Bitcoin, Ether prices flat; Dogecoin, SHIB, lead gains in crypto top 10](https://forkast.news/wp-content/uploads/2022/11/Cryptocurrencies-1260x840.jpg)
Markets: Bitcoin, Ether prices flat; Dogecoin, SHIB lead gains in crypto top 10
Bitcoin and Ether were little changed in Wednesday morning trading in Asia along with most of the cryptocurrency top 10 by market capitalization, excluding stablecoins.
![Regulators are your friend, IMF official tells crypto industry 52 Regulation marked on rubber stamp with various cryptocurrencies in the background](https://forkast.news/wp-content/uploads/2022/08/Forkast-Opinion-Images-2-1260x710.png)
Regulators are your friend, IMF official tells crypto industry
Deputy director of monetary and capital markets at the IMF, Dong He, said at Hong Kong Fintech Week on Tuesday that his message to the crypto industry is to embrace regulation.
![Web 3.0 suffers from hype, fragmentation, say industry experts 53 Web 3.0 modern internet concept; businessman studying how to capitalize web 3.0 trend with organization charts](https://forkast.news/wp-content/uploads/2022/07/Forkast-Opinion-Images-3-1260x710.png)
Web 3.0 suffers from hype, fragmentation, say industry experts
Interconnectivity is on the way, even as various segments of the Web 3.0 ecosystem are largely disconnected from reality and one another, said Web 3.0 experts at Hong Kong Fintech Week on Tuesday.
![mBridge participants to end domestic payments of foreign CBDCs 54 cbd](https://forkast.news/wp-content/uploads/2022/11/cbd-1260x666.png)
mBridge participants to end domestic payments of foreign CBDCs
Bank of Thailand’s Vachira Arromdee said on Tuesday the four central banks in the mBridge CBDC trials agreed to end use of foreign CBDCs domestically.
![Markets: Bitcoin, Ether rise; Dogecoin, Shiba Inu biggest gainers in top 10 crypto 55 Set of cryptocurrencies with a golden bitcoin on the middle](https://forkast.news/wp-content/uploads/2022/11/crypto-1.jpg)
Markets: Bitcoin, Ether rise; Dogecoin, Shiba Inu biggest gainers in top 10 crypto
Bitcoin and Ether traded up in Tuesday afternoon trading in Asia, while memecoins Dogecoin and Shiba Inu were the biggest gainers among the top 10 coins by market capitalization excluding stablecoins.
![India seeks info from crypto exchanges as it mulls GST on asset class: report 56 bitcoin on Indian flag](https://forkast.news/wp-content/uploads/2022/11/crypto-1260x840.jpg)
India seeks info from crypto exchanges as it mulls GST on asset class: report
India’s Central Board of Indirect Taxes & Customs (CBIC), responsible for policy formulation and collection of indirect taxes like the goods and services tax (GST), has asked major cryptocurrency exchanges to provide details on the type of digital coins and tokens being traded and their valuation.
![Coinbase seeks to weigh in on XRP lawsuit to support Ripple against SEC 57 Ripple logo, SEC logo](https://forkast.news/wp-content/uploads/2022/11/Ripple-Vs-SEC-Images-2-1260x709.jpg)
Coinbase seeks to weigh in on XRP lawsuit to support Ripple against SEC
Crypto exchange Coinbase has requested to file an amicus brief in support of Ripple to weigh in on the ongoing lawsuit between the SEC and Ripple.
![JP Morgan, Standard Chartered execs disagree over Bitcoin's significance 58 JPMorgan sees upside for Bitcoin and crypto amid market downturn](https://forkast.news/wp-content/uploads/2022/05/GettyImages-461398935-1260x840.jpg)
JP Morgan, Standard Chartered execs disagree over Bitcoin’s significance
JPMorgan Chase and Standard Chartered execs were in disagreement at Hong Kong Fintech Week over how significant Bitcoin and the wider crypto industry are.
![S.Korea sees passing crypto investor protection as a priority: report 59 South Korea's National Assembly | S.Korea to push out crypto investor protection as a priority by 2023: report | south korea crypto, crypto regulation](https://forkast.news/wp-content/uploads/2022/11/GettyImages-1282599039-1260x840.jpg)
S.Korea sees passing crypto investor protection as a priority: report
The country looks to pass an initial bill that focuses on protecting digital asset investors and preventing unfair trade acts, ahead of wider legislation.
![Singapore’s Tokenize crypto exchange opens platform for institutional investors 60 Hong Qi Yu](https://forkast.news/wp-content/uploads/2022/11/tokenize-image-1260x840.jpg)
Singapore’s Tokenize crypto exchange opens platform for institutional investors
Cryptocurrency exchanges in Singapore are shifting focus to heavy-hitter investors, such as family offices and financial institutions, in line with the central bank’s warnings about the risks in retail crypto trading.
![Bankman-Fried calls wealth-based barriers to crypto investment classist, racist 61 business-2022-08-01-01-48-55-utc (1)](https://forkast.news/wp-content/uploads/2022/11/business-2022-08-01-01-48-55-utc-1-1260x709.jpg)
Bankman-Fried calls wealth-based barriers to crypto investment classist, racist
The billionaire founder of crypto exchange FTX, Sam Bankman-Fried, criticized regulations in Hong Kong and elsewhere that limit access to crypto investment to wealthy investors.
![Hong Kong to boost funding, investor pool for fintech startups 62 IMG 9532](https://forkast.news/wp-content/uploads/2022/11/IMG_9532-1260x679.jpg)
Hong Kong to boost funding, investor pool for fintech startups
Hong Kong will increase funding for startups, including fintech companies, Secretary for Commerce and Economic Development Algernon Yau said on Tuesday.
![Why DAOs need a more accountable governance model 63 businessman stacking up blocks with governance-related terms](https://forkast.news/wp-content/uploads/2022/10/2-1260x710.png)
Why DAOs need a more accountable governance model
Many DAOs suffer from voter apathy and are hobbled by too much decentralization. What can help DAOs make better decisions?
![Markets: Bitcoin, Ether prices fall; Dogecoin, Shiba Inu bull run continues; BNB gains 64 Golden dogecoin coin. Cryptocurrency dogecoin. Doge cryptocurrency. | Markets: Bitcoin, Ether prices fall; Dogecoin, Shiba Inu bull run continues; BNB gains | bitcoin, eth, dogecoin, shiba inu, bnb, xrp](https://forkast.news/wp-content/uploads/2022/11/golden-dogecoin-coin-cryptocurrency-dogecoin-dog-2021-09-03-01-30-09-utc-1260x840.jpg)
Markets: Bitcoin, Ether prices fall; Dogecoin, Shiba Inu bull run continues; BNB gains
Bitcoin and Ether prices fell in Tuesday morning trading time in Asia, while memecoin Dogecoin and Shiba Inu had the biggest gains among the top 10.
![India shortlists nine banks to start CBDC trial from Nov. 1 65 indian woman laptop](https://forkast.news/wp-content/uploads/2022/10/india3-1260x840.jpg)
India shortlists nine banks to start CBDC trial from Nov. 1
India’s central bank, the Reserve Bank of India (RBI), will pilot the country’s first digital rupee in the wholesale segment (e₹-W) from Nov. 1 and has identified nine banks for participation in the trial.
Web 2.5 is new Web 3.0, says co-founder of blockchain VC firm Kenetic Capital
A hybrid middle ground between Web 2.0 and Web 3.0 is necessary before full Web 3.0 integration, argued Jehan Chu, co-founder and managing partner of blockchain venture capital firm Kenetic Capital, adding that “it’s not the fully decentralized future we were promised, but it’s the one we’re going to get first.”
![Singapore’s digital marketplace Alta buys Hg Exchange 66 mergers and acquisitions](https://forkast.news/wp-content/uploads/2022/10/acquisition-1260x842.jpg)
Singapore’s digital marketplace Alta buys Hg Exchange
Singapore-based Alta, a digital marketplace for alternative investments, has acquired private digital securities exchange Hg Exchange (HGX) for an undisclosed amount.
![Hong Kong announces policies to win back role as digital asset hub 67 remarks](https://forkast.news/wp-content/uploads/2022/10/remarks-1260x709.jpg)
Hong Kong announces policies to win back role as digital asset hub
Hong Kong reveals digital asset policies to distinguish itself from China, where cryptocurrency trading was banned in September last year.
![Digital yuan prioritizing privacy, crime prevention, PBOC governor says 68 PBOC Governor Yi Gang](https://forkast.news/wp-content/uploads/2022/10/yi-gang-1260x732.jpg)
Digital yuan prioritizing privacy, crime prevention, PBOC governor says
Privacy protection is “top on our agenda,” but combating crime is equally important for the digital yuan, central bank governor Yi Gang said at the Hong Kong Fintech Week.
![Singapore’s DBS Bank trials use of digital SingDollar with vouchers 69 DBS](https://forkast.news/wp-content/uploads/2022/10/DBS-image.jpg)
Singapore’s DBS Bank trials use of digital SingDollar with vouchers
DBS Bank, the largest lender in Southeast Asia, has partnered the Singapore government’s Open Government Products (OGP) to pilot purpose-bound money-based vouchers (PBM) using tokenized Singapore dollars to facilitate live transactions with selected merchants.