Regulation
Asia lays out a welcome mat for crypto, while US bars its door
As the US escalates its crackdowns on digital asset companies, it’s also losing its dominance in crypto — to Asia’s advantage, writes Henry Liu of BTSE.
Henry Liu
Lens
Regulation
As the US escalates its crackdowns on digital asset companies, it’s also losing its dominance in crypto — to Asia’s advantage, writes Henry Liu of BTSE.
Henry Liu
Bitcoin News
Bitcoin and Ether extended losses in Thursday afternoon trade in Asia amid U.S. regulator’s clampdown on top crypto exchanges.
Pradipta Mukherjee
Bitcoin News
Bitcoin and Ether continued to slide amid lawsuits against top crypto exchanges in the U.S.
Pradipta Mukherjee
Bitcoin News
All top 10 cryptos, including Binance’s BNB, gained on Tuesday afternoon trade in Asia for the first time this week amid ongoing lawsuits with the U.S. SEC.
Pradipta Mukherjee
Regulation
The SEC’s one-two punch of Coinbase and Binance couldn’t have come at a better time for Hong Kong and Singapore, as US crypto firms look to shift to friendlier shores, writes Hamilton Keats of Krayon Digital.
Hamilton Keats
Bitcoin News
BNB token of crypto exchange Binance dropped 5.5% in 24 hours amid lawsuits against the exchange by the U.S. SEC.
Pradipta Mukherjee
Bitcoin News
Bitcoin dropped 2.33% to US$26,671. Ether lost 2.15% but traded above US$1,800.
Pradipta Mukherjee
Regulation
While U.S. regulators continue debating over whether cryptocurrencies are securities or commodities, the digital assets industry is being pleasantly welcomed by several Asian cities. And the competition is really hotting up now.
Pradipta Mukherjee
Market Analysis
As U.S. regulators file lawsuits against cryptocurrency platforms, prompting some digital asset companies to seek more favorable jurisdictions, a fleet of cities in Asia are putting out the welcome mat, seeking to attract the jobs and investment that Web3 technologies promise. Right now, Hong Kong seems to be grabbing the limelight, but it has competition.
Pradipta Mukherjee
Regulation
The Securities Commission Malaysia (SC), the capital markets regulator, has charged cryptocurrency exchange Huobi Global and its chief executive officer Leon Li for operating a digital asset exchange (DAX) without registration.
Pradipta Mukherjee