Regulation
Majority of ‘wealthy’ South Koreans say no plan to invest in crypto, cite lack of trust
The majority (58.3%) of South Koreans with assets of 1 billion Korean won (US$760,000) said they don’t plan to invest in cryptocurrencies.
Danny Park
Lens
Cryptocurrencies
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Regulation
It’s time for more institutions to adopt blockchain and crypto: Opinion
Despite the myriad benefits of blockchain and cryptocurrency, institutional interest remains mixed in Asia Pacific. What lessons should the industry learn from 2022 to overcome the barriers to adoption?
Diogo Mónica
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Regulation
Nigeria seeks distinction between digital assets and crypto
Nigeria seeks to advance digital asset trading in the country but is drawing a distinction between digital assets and cryptocurrencies.
Megha Chaddah
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Bitcoin News
Singapore’s Matrixport eyes US$100 mln fundraiser at US$1.5 bln valuation
Singapore-based crypto lender Matrixport is hoping to raise US$100 million at a valuation of US$1.5 billion, according to a Bloomberg report citing unnamed sources.
Pradipta Mukherjee
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Altcoins
Stablecoin project Ardana on Cardano halts operation
Ardana, a stablecoin project being built on the Cardano blockchain, announced the project has been halted due to funding and uncertainty over its timeline.
Megha Chaddah
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Regulation
Russia plans launch of national crypto exchange
Russian lawmakers aim to launch a national cryptocurrency exchange, supported by the country’s Ministry of Finance and the Central Bank of Russia.
Zoltan Vardai
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Crypto Trading and Strategies
India’s CoinDCX crypto exchange publishes proof of reserves
Cryptocurrency exchange CoinDCX, India’s first crypto unicorn, published its proof of reserves on Thursday
Pradipta Mukherjee
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Blockchain Security
Fake crypto awards on the rise during football world cup: research
Global cybersecurity firm Kaspersky has warned against fraudsters taking advantage of football fans during the ongoing FIFA World Cup Qatar 2022.
Pradipta Mukherjee
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Bitcoin News
Digital Currency Group seeks to calm investors over Genesis loans: reports
Barry Silbert of DCG disclosed his company owes a US$575 million loan and a US$1.1 billion promissory note to its subsidiary Genesis Global Capital.
Megha Chaddah
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Bitcoin News
Markets: Bitcoin, Ether rise as Fed minutes suggest an easing in interest rate hikes
Bitcoin and Ether were both trading up as the U.S. Federal Reserve released meeting minutes suggesting it is looking to slow the rate of interest rate rises.
Lachlan Keller
