Asia-Pacific

Chinese court reiterates its stance that the law cannot cover crypto losses. Meanwhile, Indian investors are paying double the South Korean kimchi premium.

Moscow moves to regulate crypto. OpenSea’s security struggle. Will China cool its metaverse mania?

The RBI is casting a cloud of regulatory uncertainty over the local digital assets industry, but the nation’s Bitcoin premium shows India wants crypto. 

Axie Infinity breaks $4BN mark. Meanwhile, China’s brewing metaverse frenzy sees over 16,000 trademark applications.

NFTs hit resale market in China despite criticism over speculation. Meanwhile, South Korean financial giant plans crypto funds.

Although India hoped that taxation would be a step toward regulation rather than a ban, the high tax rates and proposed rules seem to be geared toward dissuading crypto trading.

Hong Kong prepares to launch metaverse ETF, while India tries metaverse dating on the Moon.

While the government cultivates the booming metaverse industry, experts say laws fail to protect youth from abuse within virtual and digital realms.

Animoca Brand’s nWayPlay sold out second batch of Bing Dwen Dwen mascot NFTs on Thursday as prices of first set fetched 900% in average resale value.

Korea’s crypto sector spawns two unicorns, meanwhile Hong Kong is set to be an idea cross-border e-CNY test city.

The city’s global reach, Hong Kong dollar and mainland ties make it a good fit for Chinese authorities to trial e-CNY international payments.

Pakistan’s State Bank governor warns crypto’s risks, also in India, banks show crypto reluctancy.

Top blockchain and crypto news: Super Bowl score for digital asset exchanges. CryptoPunks holders face copyright conundrum. Hong Kong warns of NFT risks.

India’s crypto tax plan was expected to bolster adoption, but the central bank’s hold on the banking sector puts a check on crypto-related services.

Exchanges say the crypto tax was announced without key directives. While exchanges await clarity, they struggle to figure out their role in the tax system.

Reserve Bank of India’s chief sends crypto warning. In addition, Korean crypto execs gets jailed

Seven executives of scam crypto exchange V Global were found guilty on Friday and sentenced to jail time — but it might not be enough to console victims.

Japanese gaming giant Bandai Namco plans on a metaverse with their IP meanwhile, Russia does a crypto flip.

Upcoming digital yuan trial to piggyback on Hong Kong’s popular Faster Payment System for smoother cross-border transactions.

The announcement of a crypto tax dispelled fears of a ban but left exchanges wondering whether they may be hurt in the long run.