DeFi News
Thailand’s DeFi sector targeted for regulation over coin offerings
Thailand's Securities regulator has announced that digital tokens issued and offered for transactions must have its approval.
Michelle Lim
Lens
SE Asia
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Regulation
Indonesia to launch digital rupiah as online payments soar
Indonesia is planning to launch a digital version of its national currency, central bank Governor Perry Warjiyo said on Tuesday.
Forkast.News
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DeFi News
Thailand’s The Brooker Group still bullish on crypto, planning US$3M investment in DeFi
The Booker Group announced that it now holds approximately US$35 million in crypto and plans to invest US$3 million into DeFi in Q2.
Michelle Lim
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Regulation
5 US digital dollar pilots launching to chase China’s CBDC lead
The private sector-led Digital Dollar Project is planning CBDC pilots for the US. How are central bank digital currency efforts and progress different in Asia?
Michelle Lim
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Blockchain Security
FinTech group: ‘digital footprints’ could help underbanked Philippines
Filipino-owned assets management company SAM Digital Technologies says adoption of blockchain could promote 'digital footprints' in the island nation. The country's central bank is also interested in the technology.
Forkast.News
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Regulation
Thailand tightens grip on cryptocurrency, increases KYC requirements
Thailand has issued fresh orders to tighten regulations on new cryptocurrency accounts, requiring customers to appear in person.
Forkast.News
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Altcoins
Vietnam faces hard drive shortage due to Chia mining craze in China
Large capacity hard drives are selling like hotcakes in Vietnam as locals capitalize on China's demand for Chia mining power.
Forkast.News
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DeFi Innovations
How open DeFi markets in Southeast Asia can drive financial inclusion
The ASEAN region has 290 million unbanked, and only 18% have access to credit. Here’s how decentralized finance (DeFi) can lift lives via mobile phones.
Michael Conn
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Advanced Blockchain Technologies
New ASEAN Blockchain Consortium forms to champion blockchain
Blockchain organizations from Australia and five Southeast Asian nations join forces for blockchain advocacy, public education and talent development.
Michelle Lim
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Altcoins
Ripple partners with Novatti to use XRP for remittances in Asia Pacific
Despite its legal troubles in the US, Ripple expands XRP's uses in Southeast Asia's lucrative and fast-growing international money transfer market.
Michelle Lim
