Regulation
Japan’s central bank is urged to speed up its digital yen project
With economic security as a top priority, the Kishida administration anticipates the release of competing CBDCs.
Danny Park
Lens
Asia
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NFTs and Art
How Asia’s generative NFT art is reshaping the global creative culture
As the NFT zeitgeist sweeps the world, the industry’s beating heart is in Asia, writes David Tng of TZ APAC. Here’s how Asia's NFTs are changing business models.
David Tng
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Regulation
Taiwan has a chance to develop crypto amid China’s clampdown, Filecoin Foundation director says
As crypto projects are relocating from China to friendlier shores, it represents ‘huge opportunity’ for Taiwan.
Timmy Shen
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Crypto Trading and Strategies
Mastercard joins Amber Group, Bitkub and CoinJar to launch crypto payment cards
Mastercard has partnered with three crypto companies in Asia Pacific — Hong Kong-based Amber Group, Bitkub in Thailand, and CoinJar in Australia — to launch crypto-funded payment cards, according to a Nov. 8 media statement. Fast facts The three companies are the first APAC-based cryptocurrency platforms to join Mastercard’s global Crypto Card Program, which enables […]
Michelle Lim
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Regulation
Kazakhstan proposes to limit power consumption for new crypto miners as power deficit bites
Local miners told Forkast.News that existing legal miners won’t be much affected, though they’re still subject to power rationing.
Timmy Shen
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Regulation
Kazakhstan power shortages continue as crypto miners scramble for solutions
Kazakhstan — one of the popular destinations for Chinese crypto miners as they look for more regulation-friendly shores — continues to face power shortages, with its national grid operator last week rationing power after some failures occurred in a few power units. Fast facts Kazakhstan electricity grid operating company KEGOC said in a statement last […]
Timmy Shen
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Blockchain Security
Taiwanese fintech startup XREX collaborates with TRM Labs to ramp up security
XREX Inc., a Taipei-headquartered crypto-fiat exchange and trade technology platform, today announced a partnership with TRM Labs, a blockchain intelligence provider, to ramp up its platform’s security and enhance its ability to combat fraud and suspicious activities. Fast facts XREX said in a statement it has put to use the risk management tools developed by […]
Timmy Shen
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Regulation
East Asia falls from 1st to 4th place in share of global crypto transaction volume
East Asia’s share of global cryptocurrency transactions plunged to 14% in June 2021 from 31% in April 2019 when it was by far the world’s largest crypto economy, according to blockchain data provider Chainalysis’ 2021 Eastern Asia Report published today. Fast facts China’s crypto crackdown in May saw East Asia — with China the biggest […]
Michelle Lim
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Regulatory News
Sri Lanka to study digital banking, blockchain and crypto mining regulation
Sri Lanka has formed a panel to recommend a regulatory framework covering the growth of digital banking, blockchain and cryptocurrency mining, the government has announced. Fast facts Developing an integrated system of digital banking, blockchain and cryptocurrency mining is crucial for Sri Lanka to keep up with its regional neighbors while expanding international trade, the […]
Monika Ghosh
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NFT Marketplaces
NFTs and the music industry: Flatten the learning curve | Part 3
Singers and musicians are embracing non-fungible tokens, but will their non-crypto active fans buy it?
Timmy Shen
