Chinese Bitcoin investors among most profitable globally
Bitcoin investors in China saw greater returns in 2020 than almost any other nation — second only to the US.
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UNICEF invests in blockchain startups for financial inclusion
UNICEF Venture Fund is awarding up to $100,000 to blockchain startups, including India’s GovBlocks, in its latest funding round. Here are the other projects.
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Hong Kong eyes digital currency as part of new fintech plan
Hong Kong will be initiating a study on a digital Hong Kong dollar as part of its plans to “future proof” the city for central bank digital currencies.
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KuCoin exchange in Ontario regulator’s sights after law breaches
The Ontario Securities Commission is set to take enforcement action against two companies behind the cryptocurrency exchange KuCoin for violating the province’s securities laws.
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How NFTs are redrawing Asia’s art scene from artists to galleries
From Phillips auction house in Hong Kong to Art Fair Philippines, non-fungible tokens are redefining how Asia appreciates, buys and profits from art.
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World Economic Forum offers DeFi ‘toolkit’ for policymakers
In collaboration with Wharton business school, WEF releases a toolkit for governments to consider the opportunities and risks of decentralized finance.
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Indian crypto exchanges form self-regulatory body
Crypto exchanges in India have partnered with the Internet and Mobile Association of India to form a self-regulatory body.
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Bitcoin worth millions recovered from Colonial Pipeline ransomware attack
Millions of dollars worth of Bitcoin paid to ransomware hackers who shut down the main fuel pipeline on the U.S. East Coast last month has been recovered.
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Beijing looks to boost blockchain, create industry champions
China has released guidelines aimed at boosting the country’s blockchain development.
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XRP sees robust institutional inflows; Ethereum ‘altcoin of choice,’ report says
XRP last week saw inflows of US$7 million into investment products, the most since April, according to CoinShares.