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April 2021

How Singapore transformed from fishing village to crypto powerhouse

The Lion City’s status as Asia’s crypto haven was no accident, writes Shaun Djie of Digix. What can other countries learn from Singapore’s fintech success?

Crypto assets should be regulated as “alternative investments”, China’s central bank officials said

China’s central bank is exploring a new stance towards Bitcoin and other cryptocurrencies, now calling them investment vehicles – but not currency

Macao considers e-CNY rollout; kimchi premium arbitrage on the rise | The Daily Forkast

Macao jumps into digital yuan feasibility studies while South Korean banks make moves to curb kimchi premium arbitrage.

Coinbase listing on Nasdaq sets benchmark for other crypto exchanges

Coinbase’s estimated $100 billion direct listing debut could be the tipping point for crypto going mainstream. But is Coinbase really worth that much?

IMF wants more crypto supervision in the Philippines | The Daily Forkast

IMF warns issues warnings against crypto exchanges in the Philippines as China extends tests of its digital yuan to its free trade zone, Hainan Province.

New art and fashion NFT platforms coming to Hong Kong, Singapore

Welcome to crypto’s latest catwalk. Publisher of Vogue Singapore and a Hong Kong exchange unveil plans to turn up the heat on Asia’s NFT market.

Why DeFi will be the next big thing in global finance

Traditional finance is costly and inefficient, and too many people are left out. Could decentralized finance (DeFi) be the answer?
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DeFi insurance: Why buy coverage for your digital assets?

Insurance policies for DeFi can cover losses from theft to smart contract issues. But do read the fine print — and know the industry is ‘self-regulated.’

5 questions investors must ask before buying Bitcoin or digital assets

How do cryptocurrency investors know whom to trust, avoid scams and not buy coins with a shady history? Gunnar Jaerv of First Digital Trust explains.

March 2021

KPMG: Virtual asset service providers ready to professionalize and grow

New KPMG report outlines opportunities for investors as well as traditional banks with the rise of VASPs like cryptocurrency exchanges and custody services.

OKEx to shut its crypto exchange in Korea as new AML laws take effect

OKEx will soon follow Binance in leaving South Korea’s cryptocurrency exchange market. Is this what FATF and Korean regulators intended?

Fed Chair Powell calls Bitcoin ‘speculative,’ says US not in CBDC rush

Countries around the world are exploring central bank digital currencies. But US and European central bank leaders say they value stability over speed.

Ripple: SEC did not give fair notice that XRP violated law

In its latest court filing, Ripple also says SEC led market to believe that XRP was not an investment contract. Outside court, Ripple pursues the CBDC business.

2021 will be the tipping point for institutional investors in digital assets

In a 2021 report, the HashKey Group predicts that more than 50% of institutional and professional investors will have exposure to digital assets by the year’s end.

February 2021

NFT mania: Are blockchain art and NBA crypto collectibles a fad or the future?

From Beeple’s digital art to LeBron James video trading cards, non-fungible tokens (NFTs) are transforming the way we create, own and profit from content.

In Singapore, bitcoin is challenging gold as a store of value

Eugene Ng of Gemini, the cryptocurrency exchange that recently expanded in Singapore, explains why the Lion City is good for doing crypto business.

January 2021

Singapore’s DBS bank becomes first in Asia to offer crypto exchange

As bitcoin and other digital assets go mainstream, traditional banks want a piece of the action. Singapore’s crypto-friendly regulations are paving the way.

December 2020

Digital Asset’s Yuval Rooz on China’s Blockchain Service Network and CBDC interoperability

In this edition of Forkast Forecasts, Digital Asset’s co-founder and CEO offers his views on central bank digital currencies and blockchain developments in Asia.

Ontology’s Jun Li on credit-based DeFi and more real assets coming to blockchain in 2021

The founder of Ontology and co-founder of Onchain explains the path forward for central bank digital currencies and DeFi in China in 2021.

Diginex’s Richard Byworth: Crypto borrowing and lending to increase 10-fold

In this edition of Forkast Forecasts, Diginex’s CEO offers his views on CBDC initiatives, crypto custody, and more growth in borrowing, lending of digital assets in the upcoming year.

How global fragmentation is holding back blockchain’s progress

To bridge regulatory and technical gaps, World Economic Forum and Global Blockchain Business Council join forces to promote global blockchain standards.
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Blockchain Research Institute’s Alex Tapscott on stablecoins, DeFi and more

In this edition of Forkast Forecasts, the bestselling author offers his views on crypto regulations, DeFi’s rise and digital assets becoming mainstream.

Special report: The Unstoppable Rise of Digital Assets

In a special report for AAX, we examine the new generation of exchanges, custodians, regulations and asset classes now leveling the investment playing field.

November 2020

What are the SEC and OCC’s thoughts on digital asset regulations?

An all-star panel of top cryptocurrency policymakers and other blockchain experts explain the US regulatory system for digital assets and what lies ahead.

October 2020

Why India’s crypto industry needs regulatory clarity more than ever

India is now a vibrant cryptocurrency hub, but its future remains uncertain. Sathvik Viswanath of Unocoin explains what’s holding back the nation of 1.3 billion.

Why DeFi’s exponential growth is not a bubble and will ‘keep soaring’

Risks, bugs and mistakes are a necessary part of DeFi’s evolution — just like the early days of the internet, writes Justin Banon of Boson Protocol

US regulators are finally lining up over digital assets

A recent flurry of US regulatory activity is helping legitimize the digital assets space. Here’s the latest on SEC, FINRA, CFTC and OCC’s new level of coordination.

Is DeFi a $10 billion Ponzi scheme?

The risk of getting scammed is real, but DeFi also offers investors opportunities to earn yields in this pandemic economy, says Two Prime CEO Marc Fleury.

September 2020

Why cryptocurrency exchanges need more regulations to protect investors

Being dodgy about office location and faking volume data are all part of Asian crypto exchanges’ Wild West ethos. What are the alternatives for investors?

DeFi is crypto’s latest craze, and it may soon challenge traditional banks

Excessive money printing and near-zero returns on bonds are making investors flock to fancy cryptocurrency derivatives and 8% yields. What’s the catch?

August 2020

Crypto tax in Australia: what investors need to know

Australians can buy bitcoin from post offices and use cryptocurrency in soda vending machines. But are confusing tax policies discouraging wider adoption?

Are US regulators finally warming to crypto and digital assets?

CFTC’s new plans for crypto regulations and OCC permitting banks to be crypto custodians could boost digital asset adoption. What’s next for FATF and SEC?

July 2020

How Fed-led inflation of USD could be good for bitcoin and digital assets

Covid-driven monetary policies are spurring growing investor interest in crypto assets and derivatives, says Richard Byworth, CEO of Diginex and EQUOS.io.

Diginex announces launch of EQUOS.io, first US-listed digital asset exchange

As US regulators warm to digital assets, Diginex capitalizes on the world’s most mature financial market by launching platform that allows crypto spot trading.

Why did SEC-sanctioned crypto companies receive PPP funds for Covid relief?

The $660 billion Paycheck Protection Program — intended to help America’s small businesses survive the pandemic — also gave financial aid to crypto firms accused of fraud, a Forkast.News investigation found.
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How tokenization via blockchain can digitize assets and open up investment opportunities

Cryptocurrencies are enabling illiquid assets — like real estate, art and even pro athlete contracts — to be tokenized. What does this mean for investors?

WEF seeks greater financial inclusion to help poor, Covid-ravaged communities

Sheila Warren, World Economic Forum’s head of blockchain policy, also discusses the growing importance of digital currencies and how America is falling behind.

SEC ‘Crypto Mom’ Hester Peirce: US will lose out in crypto innovations if regulations remain in limbo

The US is gold standard for global financial regulations. But if US does not get its act together over crypto, other nations will emerge as leaders in this growing space.

India remains in a ‘gray zone’ over crypto. Are lawmakers crippling innovation?

Will India ban crypto? Regulatory uncertainty is causing nation to miss out on economic benefits. Smart regulations, says Ripple, may provide a way forward.

May 2020

As Covid drives the world toward digital assets, what is the outlook for bitcoin and CBDCs?

Digital currencies will become increasingly common in the economy, with CBDCs as an ‘organic gateway.’ Should we worry about user privacy?

April 2020

Ep. 10 | Ripple sues YouTube over scam videos. Hong Kong’s first regulator-approved bitcoin fund manager. Hacker messes with dForce.

Other top news: Courier giant YTO forms blockchain logistics lab. 224 more blockchain firms get official thumbs up. VC in Singapore, UK and US.

VC deals are slowing in Covid-19 headwinds. Will we see bigger disruption?

Investment totals are down, but deals are still being inked and alternative fundraising methods are flourishing. What kind of investments will thrive? And which ones will likely flop?

January 2020

Q&A with CEOs of Digital Asset & R3: China, US aren’t in tech arms race

After their panel on how blockchain technology is changing the world of finance and enterprise at Hong Kong FinTech Week 2019, Digital Asset cofounder and CEO Yuval Rooz and R3 CEO David Rutter answered follow-up questions.