Hong Kong-based Animoca Brands has shuttered its services to Russian users saying it is relying on legal advice that equates Western sanctions against Russian entities to the blanket sanctions against North Korea, Bloomberg reported on Wednesday. See related article: Binance may join sanctions imposed on Russian targets Fast facts “The legal advice we’ve been receiving…
Ukrainian Bitcoin ATM developer Intellogate is expanding its services to Asia through a new partnership with two South Korean firms. See related article: Singapore crypto ATMs shut down to comply with central bank rules Fast facts South Korean blockchain service provider Publish and kiosk producer Lincrux signed a memorandum of cooperation with Intellogate to leverage…
Measures to detect sanctioned entities’ crypto transactions can come into play, experts say.
Heilongjiang province in northeastern China has joined the bid to compete with 10 other cities to become the next digital yuan pilot city, it announced on Monday. See related article: E-CNY chief says digital dollar poses no threat to China Fast facts See related article: Hong Kong makes apt testbed for e-CNY cross-border use
NH-Amundi Asset Management listed its second metaverse exchange-traded fund (ETF) Tuesday that will specifically invest in metaverse-related companies in the U.S. See related article: Hong Kong gears up for its first metaverse ETF Fast facts The HANARO U.S. Metaverse iSelect ETF follows 20 key players in the U.S. metaverse, virtual and augmented reality, and the…
BIT Mining, a Hong Kong-headquartered cryptocurrency miner, has terminated its data center construction in Kazakhstan due to an unstable local power supply, the company said in its quarterly report. See related article: Crypto mining’s Great Migration continues — out of Kazakhstan Fast facts BIT Mining now abandons a US$9.3 million pledge to a Kazakh data…
Animoca Brand’s nWayPlay sold out second batch of Bing Dwen Dwen mascot NFTs on Thursday as prices of first set fetched 900% in average resale value.
Bitcoin led a market-wide sell-off Thursday night Asia time by losing almost 8% coming into business hours Friday Asia time, and was trading at US$40,578 at press time. See related article: Is Bitcoin’s rocky start to 2022 a sign of things to come? Fast facts All other major tokens were down around the same amount,…