In battle to be Asia’s crypto hub, which city will emerge victorious?
Top blockchain and crypto news: Asia’s crypto hub race. Is US debt ceiling fight a boon or a bane for crypto? China’s red carpet for metaverse investment.
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Hong Kong is world’s most crypto-ready jurisdiction, new study claims
Hong Kong is the most crypto-ready jurisdiction in the world, based on the number of blockchain startups per 100,000 people and the number of crypto ATMs proportional to the population, according to a new study by forex education platform Forex Suggest.
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Top 10 cryptos decline, except Matic, as debt ceiling negotiations erode risk appetite
Bitcoin and Ether fell during afternoon trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization, excluding Polygon’s Matic token. Most Asian equities declined while most U.S. stock futures strengthened, despite Fitch Ratings placing America’s AAA rating on a negative watch, citing rising concerns that the government could default on its…
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South Korea will require all public officials to disclose crypto holdings from 2024
South Korean lawmakers unanimously approved a new bill requiring public officials to disclose their crypto holdings to be implemented in December.
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Hong Kong’s new crypto rules covered by China state TV in rare move from Beijing
Analysts say the move could signal a bull run in cryptocurrencies.
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Terraform CEO Do Kwon’s bail revoked in Montenegro
The high court of Montenegro’s capital city Podgorica has revoked its decision to grant bail to Terraform Labs chief executive officer Do Kwon.
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Japan to implement anti-money laundering rules for crypto: report
Japan will introduce strict anti-money laundering rules on cryptocurrency transactions from June 1, the Southeast Asian nation’s cabinet decided on Tuesday.
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DAO communities – we need to talk about decentralization
Just how decentralized are today’s DAOs? When compared to the world’s largest transnational corporations, not so much, says Pat Rawson, co-founder of Web3 innovation network Curve Labs.
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Singapore’s OCBC Bank, ADDX exchange launches tokenized structure notes
OCBC Bank will offer tokenized equity-linked structured notes to accredited investors, in a partnership with private market exchange ADDX.
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Bitcoin drops below US$27,000, Dogecoin biggest loser
Bitcoin dropped 2.33% to US$26,671. Ether lost 2.15% but traded above US$1,800.