How to avoid regulatory pitfalls in an increasingly ‘cryptoized’ world
Crypto regulations run the gamut from wait-and-see to total prohibition. What are the dos and don’ts of smart regulation?
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Survey: India wants crypto regulation clarity from Parliament
A survey of more than 1,000 digital respondents found 79% of Indians want more clarity on cryptocurrency and non-fungible token (NFT) regulations in the budget session of Parliament starting on Jan. 31, according to new survey findings. Fast facts The survey, conducted by tax and advisory firm Grant Thornton Bharat, also found that 61% of…
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Crypto market tumbles amid uncertainty over Russia and Ukraine
Bitcoin and Ethereum fall below psychologically important levels as rising uncertainty clouds markets. Is the Fed also depressing crypto’s prospects?
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Bitcoin price slumps as mining hashrate and difficulty reach ATHs
The Bitcoin mining difficulty level rose to an all-time high in its latest adjustment on Friday while the total Bitcoin hashrate also reached an all-time-high during a global cryptocurrency sell-off. Fast facts The mining difficulty level rose by 9.32% to 26.64 trillion at block height 719.712, reflecting its most difficult level in history, according to…
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S.Korea adds crypto to annual finance survey as household asset
South Korea’s statistics bureau announced on Sunday that it will include virtual assets in its annual household finances report, which can set the stage for incoming crypto tax rules next year. Fast facts Statistics Korea (KOSTAT) will sample 20,000 households on their crypto holdings valued on March 31, but the survey results will not be…
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Why Asia is poised to be the next big market for an NFT boom
Global NFT sales are exploding in 2022, but experts predict this is only the beginning of a bigger surge in Asia.
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Crypto investors are being wooed in South Korea’s tight presidential election
The top contenders jockey for position on initial coin offerings and other blockchain-based innovations. How did crypto become a critical factor in the race?
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Bitcoin price falls below $40K for second time in two weeks
The price of Bitcoin dropped below US$40,000 on Friday for the second time in two weeks, in the face of headwinds from the Russian central bank’s call to ban crypto trading. Fast facts Bitcoin lost up to 11% on Friday morning Asia time and was trading at US$38,599 at press time, according to CoinMarketCap. The…