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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Fusang receives green light for US$10M equity-token IPO
Malaysian exchange will offer equity tokens representing direct shares on the blockchain, claiming it will be the world’s first fully regulated equity-token IPO.
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Crypto.com inks AU$27M deal with the Australian Football League
Singapore-based exchange Crypto.com has struck a five-year AU$27 million (US$19.5) sponsorship with the Australian Football League’s (AFL) men’s and women’s (AFLW) competitions on Tuesday. Fast facts The deal is the first sponsorship from a crypto firm in Australia for a major sporting league, and the first major women’s sporting league sponsorship for Crypto.com. Australian rules football…
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As Binance shrinks away in Asia, will it put down roots in the Middle East?
Binance’s CEO is now the richest Asian man, but the crypto exchange giant’s presence in Asia—where Binance got its start—is withering under regulatory heat.
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Upstart NFT marketplace LooksRare challenges OpenSea’s dominance
The NFT platform crosses $1B in sales volume within a week after launch, but with a controversial incentive structure and so-called ‘vampire’ attack.
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Hong Kong outlines stablecoin regulation plan to check financial stability risks
Stablecoins and CBDCs will likely co-exist in the city, experts say, as Hong Kong looks to thrive as crypto hub.
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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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Arming up for a better fight against crypto-related crime
The current technologies in use do little to deter crypto money laundering, writes Dr. Mark van Staalduinen. What can nations do about this?
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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.