Korea’s crypto unicorns; Hong Kong’s e-CNY pilot

Korea’s crypto sector spawns two unicorns, meanwhile Hong Kong is set to be an idea cross-border e-CNY test city.

How DeFi’s user interface problems are deterring widespread adoption

DeFi can put investors at risk if they don’t understand how it works, writes Korapat Arunanondchai. Here’s how to improve user experience.

Pakistan’s crypto warning; Indian banks’ crypto reluctance

Pakistan’s State Bank governor warns crypto’s risks, also in India, banks show crypto reluctancy.

Prime time for crypto as Super Bowl ads make splash

Top blockchain and crypto news: Super Bowl score for digital asset exchanges. CryptoPunks holders face copyright conundrum. Hong Kong warns of NFT risks.

RBI is causing crypto hesitancy among Indian banks

India’s crypto tax plan was expected to bolster adoption, but the central bank’s hold on the banking sector puts a check on crypto-related services.

HK watchdog’s NFT warning; DBS plans crypto expansion

HK watchdog’s sends out warning calling NFT a threat, meanwhile in Singapore DBS plans a crypto expansion

Bitcoin’s 30-day performance shows it’s not just another tech stock

As Bitcoin’s price movement began to mirror that of traditional markets, some likened it to tech stocks. Its recent price action shows otherwise.

Alibaba and Canaan’s AI team up; Metahuman creates Valentine’s NFT

Chinese giant Alibaba and Canaan team up to work on AI. Meanwhile, Valentine NFTs are created by meta-human using auction data.

Indian exchanges scramble to implement crypto tax by April 1 deadline

Exchanges say the crypto tax was announced without key directives. While exchanges await clarity, they struggle to figure out their role in the tax system.

RBI chief’s crypto warning; Korean crypto execs jailed

Reserve Bank of India’s chief sends crypto warning. In addition, Korean crypto execs gets jailed

Collision or coexistence: Can CBDCs and crypto live side by side?

As more countries announce plans for central bank digital currencies, will that break crypto’s promise as the future of money?

Guilty verdicts handed down in S.Korea’s biggest crypto scam

Seven executives of scam crypto exchange V Global were found guilty on Friday and sentenced to jail time — but it might not be enough to console victims.

Will the growing regulatory heat on stablecoins stifle innovation?

As stablecoins face pressure to adopt traditional safeguards, the industry’s efforts to self-regulate should not be overlooked, writes Charlie Martin of Gro.

Bandai Namco plans IP metaverse; Russia’s crypto flip

Japanese gaming giant Bandai Namco plans on a metaverse with their IP meanwhile, Russia does a crypto flip.

Indian crypto tax creates more confusion than clarity for traders, exchanges

The announcement of a crypto tax dispelled fears of a ban but left exchanges wondering whether they may be hurt in the long run.

PBOC pushes E-CNY standardization; CoinDCX hits 10 million users

PBoC pushes for e-CNY standardization, meanwhile Indian crypto unicorn CoinDCX hits 10 million users

AssangeDAO strikes crypto gold

WikiLeaks founder’s legal defense fundraising bonanza. Shiba Inu’s big new leap. NFT fever rises in China.

What is Web 3.0 and how will it shape the crypto future?

By returning data ownership and reshaping human-machine interactions, the third generation of the internet promises an interconnected future.

Memecoins prove their staying power, despite industry skepticism

Last weekend’s rally shows there is still life left in memecoins. Industry insiders weigh in on where they stand in the long run.

Bithumb goes for Olympic gold; India crypto tax questions

South Korean crypto exchange Bithumb goes for Olympic gold, meanwhile in India clouds cast over crypto tax questions

North Korea gains from cyberattacks; Russia crypto mining tax?

North Korea is benefits financially from the crypto cyberattacks. Also, is Russia looking to tax crypto mining soon?

India crypto tax: Exchanges cheer, investors jeer

A 30% tax doesn’t legalize cryptocurrencies but exchanges no longer worry about a ban, while investors would pay taxes at twice the rate of other asset gains.

Indian crypto tax ends fears of ban as investors brace for impact

Top blockchain and crypto news: New Delhi’s crypto give and take. Malice in Wonderland? Hong Kong’s selective spot ETF rules.

Crypto adoption may rise as industry self-regulates

Crypto regulations are lagging the market’s needs, and the industry should help create order to gain greater public trust, writes Imgesu Cetin of Defy Trends.

Non-US XRP investors petition for congressional investigation of SEC

Lawyer for 63,000 XRP investors invites non-US investors to demand a congressional investigation of the SEC for impropriety.

Warner Music partners with The Sandbox; Crypto Lunar New Year gifts

Warner Music partners with The Sandbox for metaverse, meanwhile crypto still a niche gift for lunar new year

When the going gets tough, the tough get their wallets out

The recent crypto price plunge has done little to rattle new investors. Are they just buying the dip, or is there more to it? Q9 Capital’s James Quinn explains.

Are crypto e-red packets a thing for the Lunar New Year?

Digital payments are commonplace in Asia, but gifting crypto as lucky money remains niche.

Russian ministry against crypto ban; Korea plans metaverse protection

Russian Ministry of Finance against the latest crypto ban, meanwhile in Korea, there are plans to protect metaverse users.

Why governments have powerful incentives to develop digital currencies

CBDCs can increase financial inclusion and prevent crime, according to blockchain expert Tiana Laurence. What’s not to like about state-backed digital money?

Regulatory uncertainty has not slowed down India’s crypto sector

With new products and services being launched and international exchanges setting up camp, crypto startups thrive despite the shadow of a crypto ban.

Thailand plans crypto regulation; Market concerns over Ukraine

Crypto market concerns over invasion on Ukraine;, while Thailand plans for crypto regulation.

FastForkast headlines

Two crypto exchanges reach unicorn status in South Korea

Bybit to issue Oracle Red Bull’s fan tokens in $150M deal

Philippines to provide residency through Oz token staking

Pakistani central bank echoes RBI’s concerns over crypto

Warren Buffett invests $1B in Bitcoin-friendly Nubank

BSN to integrate Neo’s chain to bolster NFT issuance in China

DBS Digital Exchange hits new high in trading value

Russian-linked strains lead crypto ransomware in 2021: Chainalysis

India government, central bank in ‘complete harmony’ on crypto: FM

Ethereum price expected to hit $7,609 in 2022: report

Cryptocurrencies are not legal in India, future uncertain: Union minister

Crypto exchanges compete in Super Bowl ad blitz

North Korea refutes crypto hack allegation, claims the US made it up

Crypto is ‘not even a tulip,’ India’s central bank chief says

Binance to take $200M stake in Forbes

S.Korean gaming giant Netmarble partners with Binance for GameFi

JPMorgan predicts $150,000 Bitcoin price in the long run

Crypto to be OK’d for circulation in Russia, as ban concerns fade

US seizes $3.6B worth of Bitcoin stolen in 2016 Bitfinex hack

Kakao Games rebrands subsidiary to focus on crypto, blockchain, Web 3.0

Bybit teams up with Cabital for more fiat-to-crypto options

Exchange to drop NFTs for each S.Korean medal at Beijing Olympics

Polygon raises $450M led by Sequoia Capital India

Japan’s Mitsubishi UFJ to issue yen-pegged stablecoin: report

India’s digital rupee to run on state-backed e-wallets

Indian crypto investment turns to armed robbery, over $267K looted

North Korea funds missiles with cyberattacks on crypto exchanges: Reuters

Crypto donations rise by 1,558% on The Giving Block in 2021

US taxpayer rejects IRS refund for staking rewards

$10M in NFT money laundering, fraud likely to grow in 2022: report

Aussie mining billionaire files suit against Meta over crypto ads

India to place 30% tax on crypto income

Solana wallet Phantom brings valuation to $1.2B after $109M Series B

Meta sells stablecoin Diem project for $182M

FTX reaches US$32B valuation after closing $400M series C

Apple to turn iPhones into payment terminals

SEC scrutinizing crypto lending by Celsius, Gemini, Voyager: reports

Russia’s finance ministry calls for crypto regulation, not ban

Crypto market briefly up, then falls as US Fed leaves interest rates unchanged

Cybercriminals launder $8.6B in 2021, up 30%: Chainalysis