Forkast
Crypto Trading and Strategies
Hong Kong-based cryptocurrency exchange Crypto.com has announced that it is committed to becoming carbon-negative within 18 months, following carbon-neutral initiatives launched by other Hong Kong-based cryptocurrency exchanges FTX and BitMEX.
Michelle Lim
Regulation
Energy regulators in the southwestern Chinese province of Sichuan, which has abundant hydropower resources, will hold a seminar on June 2 to assess the province's cryptocurrency mining industry, fanning hopes among miners that the beleaguered sector may be given a reprieve from its recent hardships in China.
Kelly Le
Regulation
Gary Gensler, chairman of the U.S. Securities and Exchange Commission, has said he wants to see regulation to protect consumers built into the operations of cryptocurrency exchanges.
Michelle Lim
Crypto Trading and Strategies
Consumer adoption of cryptocurrencies has grown, with 38% of respondents to a survey saying they have either invested in or bought a cryptocurrency, according to digital wallet provider Skrill, part of payments provider Paysafe.
Michelle Lim
Regulation
The U.S. dollar reigns supreme as the current world reserve currency. Could the USD's status change with the rise of CBDCs like China’s DCEP digital yuan?
David Shin
Industry Leader Insights
The power of tokenization can fundamentally transform the fabric of the financial system, Singapore's DBS Bank CEO Piyush Gupta told the Consensus by CoinDesk 2021 conference taking place this week.
Michelle Lim
Regulation
Ripple’s CEO Brad Garlinghouse says Ripple was hit hard financially after SEC filed its lawsuit, but the company is now expanding uses for XRP's technology.
Michelle Lim
Investment Insights
Fintech companies in Asia-Pacific pulled in US$2.35 billion in investment during the first three months of 2021, more than the total amount raised in the first half of the previous year.
Yihui Xie
Regulation
A proper regulatory system for cryptocurrencies and virtual assets can facilitate development, protect investors, and adhere to international regulatory standards, says treasury chief Christopher Hui
Michelle Lim
Expert Interviews
Breaking into occasional Mandarin at a Hong Kong conference, Ethereum's visionary creator tells all — including why Ethereum 2.0 is taking so long.
Michelle Lim
Regulation
BitDeer, one of China’s biggest crypto mining operators, blocked access to anyone using a mainland Chinese IP address last night.
Kelly Le
Crypto Trading and Strategies
Global payments giant PayPal plans to let its users move the cryptocurrency they hold on its platform into third-party wallets.
Lucas Cacioli
Regulation
Cashless payment methods are on the rise as governments step up central bank digital currencies (CBDCs) initiatives.
Michelle Lim
Regulation
Other top blockchain and crypto news: Australia signals progressive approach to crypto as Hong Kong moves closer to banning retail crypto trading.
Forkast.News
NFT Marketplaces
Fast-growing Ethereum scaling platform Polygon and decentralized storage network Aleph.im join forces to ‘supercharge’ Polygon's NFT ecosystem.
Michelle Lim
Altcoins
Ripple is partnering with Bank Dhofar, Oman’s second largest bank, to facilitate cross border mobile payments through RippleNet.
Michelle Lim
Regulation
The U.S. SEC is seeking additional discovery from Ripple on its XRP transactions and documents related to its lobbying efforts.
Michelle Lim
Regulation
Ontario Securities Commission is taking enforcement action on crypto exchange Poloniex for its alleged violation of Ontario securities law.
Michelle Lim
Regulation
Chinese crypto mining firm BIT Mining is investing US$9.33 million to construct and operate a mining data center in Kazakhstan.
Michelle Lim
Regulation
The Chinese region of Inner Mongolia – once a thriving cryptocurrency mining hub that has recently enacted a series of measures to rein in the sector – has unveiled eight new proposals designed to give added force to its recently imposed, all-out ban on crypto mining.
Kelly Le
