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May 2021

How S. Korea and Singapore are grappling with crypto investor protection

As retail interest in crypto grows, countries around the world are grappling with consumer protection. Asia offers a window into the array of policy responses.
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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?

As DeFi swells past US$140 billion, FATF stokes worries over KYC/AML

Fast-growing DeFi — still a largely unregulated industry — gives FATF an earful over its proposed ‘travel rule’ and expanded anti-money laundering rules.

April 2021

How to balance crypto investor protection and innovation in Hong Kong

US and Singapore have licensing laws that give investors more confidence in crypto firms. Stephen Richardson of Fireblocks urges Hong Kong to follow suit.

Dogecoin frenzy spreads in Asia; Indian exchange logs 15x traffic | The Daily Forkast

Asia adds to global Dogecoin froth, investors buy into the meme-currency ahead of US hours. South Korea kicks off a crackdown on illicit crypto use.

China calls crypto an ‘investment’; Crypto demand bounces back in Asia

China gives the “alternative investment” label to crypto at this year’s Boao Forum for Asia, and hints at reserving a seat for digital assets in the country’s digital economy. Meanwhile, exchanges in Asia recover from crypto’s weekend price crash and see spikes in Bitcoin long orders. We’ll have more on that story — and other […]

Asian DeFi Picks Up Steam; Hong Kong Scammers Use Crypto As Bait | The Daily Forkast

XRP joins Wanchain’s DeFi ventures while Thai mobile bank explores the financial experiment. In Hong Kong, local police bust crypto scammers.

Meitu buys more crypto; Hong Kong, Singapore tease NFT platforms | The Daily Forkast

Meitu adds to its crypto treasury while Singapore and Hong Kong gear up for the NFT craze.

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.

March 2021

What do Hong Kong’s crypto laws mean for exchanges and investors?

HashKey Group’s Angelina Kwan, a former regulator who helped write laws relevant to the crypto industry, also explains why Hong Kong leads the world in fintech regulations.

Sailing around the world for digital gold with the Liberty Bitcoin Cup

Young sailors are competing to win one Bitcoin in the Liberty Bitcoin Cup — a youth version of the America’s Cup — heading to Hong Kong in early 2022.

How blockchain can power the growth of green finance

As interest in green bonds grow around the world, Asia is emerging as a hotbed of sustainable finance. Here’s why China will be leading the way.

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.

Hong Kong now exploring retail CBDC in upcoming Project Aurum

Hong Kong Monetary Authority intensifies its CBDC efforts with a new study into ‘hybrid’ digital currencies and private CBDC-backed stablecoins.

Guide to Cardano and ADA: What is Cardano, and why it matters

Cardano’s ADA, up by 7,400% since last year, is now the 3rd most popular cryptocurrency in the world. Why is it called a ‘Ethereum killer’? Let’s find out.

Cardano transitions to multi-asset blockchain amid ADA price surge

Cardano blockchain, a so-called ‘Ethereum killer,’ completes its Mary hard fork upgrade as ADA becomes 3rd largest cryptocurrency behind bitcoin and ether.

February 2021

4 central banks and BIS exploring CBDC bridge for Asia and Middle East

China, UAE, Hong Kong, Thailand and Bank for International Settlements collaborate on ‘m-CBDC Bridge’ digital currency project for cross-border payments.

Hong Kong plans to ban retail investors from trading cryptocurrency

Industry insiders warn that proposed rule to allow only ‘professional investors’ to buy and sell crypto could drive companies to crypto-friendlier shores.

BNY Mellon, Jay-Z join bitcoin conga line. Will NFTs take over real world? Roadmap for Biden to take blockchain leadership.

Other top blockchain and crypto news: DeFi under Fed study. Andrew Yang, Wyoming vie for crypto attention. Hong Kong and India edge toward crypto bans.

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.

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.

ConsenSys’ Charles d’Haussy: The ‘staking capital of the world’ will emerge in Asia in 2021

In this edition of Forkast Forecasts, the director of strategic initiatives at ConsenSys and author of “Block Kong” shares his views on CBDCs, stablecoins and Asia’s blockchain space.

Hong Kong may be first global ‘sandbox’ for China’s DCEP digital yuan

Hong Kong is in talks to pilot-test China’s new digital currency. How would the e-CNY affect Hong Kong’s future cross-border payments with the mainland?

November 2020

Ep. 38 | What Biden’s victory means for crypto. Bitcoin rides new wave. Ethereum 2.0 revs for launch.

Other top blockchain and cryptocurrency news: Will TRUMP crypto losers get second chance? Hong Kong to regulate cryptocurrency exchanges.

2021 may be the year of China’s DCEP and other digital currencies

A big trend now: Central banks exploring digital currencies that are ‘programmable money,’ says Charles d’Haussy of ConsenSys. Should users be concerned?

Hong Kong’s new crypto exchange laws will be embraced—with VPNs

Hong Kong SFC lays out plan to regulate cryptocurrency exchanges to allow only institutional money. But retail users likely won’t be deterred.

Hong Kong and now Australia heating up global digital currency race

China’s DCEP digital yuan and new US interest in digital dollar are fueling sense of urgency on CBDCs — as blockchain firm ConsenSys paves the way.

October 2020

Macau is using blockchain to bring back tourists. Is Hong Kong next?

A blockchain-based health code system that can certify a visitor’s Covid-free status has reopened travel between Macau and mainland China

Arthur Hayes of BitMEX not likely to leave Hong Kong anytime soon, but DeFi faces crossroads

BitMEX’s CEO, who faces money-laundering charges, may be the beneficiary of Hong Kong’s political turmoil and current lack of an extradition treaty with US government

August 2020

Ep. 25 | Bitcoin surges in Hong Kong’s geopolitical storms. China widens DCEP testing. Ethereum Classic’s audacious attacks.

Other top news: Teen accused of masterminding Twitter VIP hack heads to court. Huobi launches DeFi lab. Fintech VC in Singapore and Indonesia.

July 2020

Face masks helped tame Covid in Asia. Why is the West in hysterics over masking up?

While Asia is united in masking up, US and Europe remain fractured over face mask use. A viral immunologist and face mask expert explains the deadly consequences.

June 2020

China uses blockchain to ease cross-border finance barriers in Greater Bay Area

Hong Kong, Macau and Guangdong have three legal and monetary systems. A new blockchain banking platform would unify the area into an economic hub.
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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.

Ep. 8 | Reddit crypto awards, Ripple coupling with BoA, blockchain boozes up in China, and more

Also: Dozens of crypto firms sued in 11 class-action lawsuits. Bitcoin mining company Canaan bleeds red ink. Fintech funding in India, and more.

March 2020

Asia has ‘crypto groove’ – and Korea’s mom and pop shops are helping lead the way

Asia’s blockchain and cryptocurrency projects have more vitality than other regions, says the chairman of the Cardano Foundation. But he also notes the variations within the region. How does Hong Kong differ from Vietnam and Singapore?

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.

Can Hong Kong hold as glue between China and West? HK Exchange is key, says CEO

As protests continue to rock Hong Kong and China’s economy slows, concerns are rising about the Special Administrative Region’s future as Asia’s premier financial hub.

December 2019

Hong Kong Exchange chief says city is a springboard for tech, blockchain opportunities

Despite prolonged social and political turmoil a slowing economy and record cash outflows, Hong Kong continues to serve as an important technology and financial hub, says Hong Kong Stock Exchange CEO Charles Li.