Crypto clampdowns mount in Asia as authorities ponder bans
Top blockchain and crypto news: Asian governments target crypto. Managing MATIC. China’s expanding metaverse.
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Polygon upgrade ignites token burn to make MATIC more valuable
Polygon’s upgrade, which piggybacks off Ethereum’s EIP-1559, makes MATIC deflationary while allowing users to estimate gas fees more accurately.
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Kazakhstan crypto mining fortunes falter as regime unplugs internet
Top blockchain and crypto news: Bandwidth bust in Kazakhstan. Binance chief CZ tops rich list. Digital yuan app adoption grows.
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Race to be crypto hotspot heats up in Miami, New York
What’s behind the crypto cheerleading by U.S. mayors? Are their city coins savvy moves — or will the bespoke crypto end up worthless?
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CBDCs and the year that may reshape crypto markets
Top blockchain and crypto news: CBDCs at the crossroads. A token gesture from Samsung. NFTs survive in China.
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Binance faces regulatory rebuke in Ontario, obtains preliminary approval in Bahrain
The world’s largest crypto exchange continues struggling to stay compliant, but it has seen some luck in the Middle East.
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Crypto in Asia: 5 top fintech regulatory stories of 2021
Countries acted to encourage — or discourage — cryptocurrency and other blockchain-based assets, sending markets wildly up and down.
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What lies ahead for crypto regulations in 2022
From China’s ban to FATF’s travel rule, crypto regulations have been top of mind this year. How might regulatory impulses and current trends play out?
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xSpend allows GameFi tokens, stablecoins to pay for real-world goods and services
Crypto finance platform XLD Finance wants to enable users to spend GameFi tokens and stablecoins to pay for real-world goods and services. Fast facts The company has launched its first project, xSpend, which allows users from Bangladesh, India, Indonesia, Malaysia and the Philippines to purchase mobile prepaid credits on the platform using GameFi tokens and stablecoins. Users may also pay Philippine-based…
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Polygon goes deeper into ZK tech by acquiring Mir for $400M
India-based Layer 2 Ethereum scaling platform Polygon has acquired zero-knowledge technology developer Mir for US$400 million as part of Polygon’s continued focus on ZK tech. Fast facts Mir will help Polygon build its new project — Polygon Zero, a highly scalable, Ethereum compatible ZK rollup. A zero knowledge protocol is a cryptographic algorithm that allows…