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Asia

  • Crypto Trading and Strategies

    DBS offers self-directed trading for accredited investors

    DBS Bank Ltd., Southeast Asia’s largest lender, has launched a self-directed cryptocurrency trading service for accredited wealth clients.  See related article: Asia banking giant DBS jumps into The Sandbox metaverse Fast facts The bank’s wealth clients have been favoring self-directed options, with digital trades dominating 90% of equity transactions, DBS said in a press release […]

    Pradipta Mukherjee

  • Regulation

    Hong Kong hosts Digital Asset Series seminars for mass literacy

    Hong Kong is hosting the Digital Asset Series (DAS) educational seminars, which started in August to continue into November this year. See related article: Why children around the world need crypto education Fast facts The free educational seminars will be delivered by industry experts, legal professionals, regulators and scholars from the finance-technology (fintech) sector, according […]

    Pradipta Mukherjee

  • Crypto Trading and Strategies

    Crypto exchanges’ race to the bottom on fees scalps Eqonex

    Nasdaq-listed Eqonex’s decision to shutter its low-fee crypto exchange business to focus on asset management and custodial services may prompt similar moves in the highly commoditized industry.

    Pradipta Mukherjee

  • Regulation

    Limit crypto expansion in developing countries, urges U.N. agency

    The United Nations Conference on Trade and Development (UNCTAD) has urged limits on cryptocurrencies across developing nations, in a series of policy briefs released on Wednesday. See related article: IMF says crypto crash hasn’t quite harmed broader financial system Fast facts The UNCTAD, part of the UN Secretariat, said cryptocurrencies could curb the effectiveness of […]

    Pradipta Mukherjee

  • Bitcoin News

    Singapore-based Bitcoin miner scales back Kazakhstan project

    Concerns over power supply and cost uncertainties have prompted Singapore-based Bitcoin miner SAI.TECH (SAI) to terminate the remainder of its expansion plans in Kazakhstan, the Nasdaq-listed company said in a statement. See related article:  Bitcoin rig maker Canaan to deploy self-mining soon in US, executive says Fast facts SAI has terminated the second phase of […]

    Pradipta Mukherjee