Killing it softly or regulating to innovate? India at the crypto crossroads
India’s crypto tax represents both a threat to the industry and an opportunity to create a regulatory framework to support it, says Polygon’s Jaynti Kanani.
DeFi, NFT access at stake as FATF travel rule takes effect in South Korea
Flexibility allowed in new rule requiring crypto companies to comply with anti-money laundering guidelines leads to some confusion.
Bollywood Icon’s Tax Bill; Metaverse Fashion Week Opens
Chinese telecom ZTE registers metaverse-related trademarks. Meanwhile, Bollywood star gets chased over NFT taxes.
How to protect NFT intellectual property rights explored at Australian Blockchain Week
With explosive growth in the past 12 months, the non-fungible token industry is getting too big to ignore IP licenses, experts say.
Bollywood megastar Amitabh Bachchan ponies up tax on NFT sale
Bollywood icon Amitabh Bachchan is in the crosshairs of Indian tax authorities again, this time for NFT sales.
Fusang defers IPO; Yuga Labs hits $4bn valuation
Malaysia’s Fusang defers their IPO. Meanwhile, Blockchain Week Australia looks into intellectual property rights.
Echoes of El Salvador as Malaysian minister calls for crypto adoption
Top blockchain and crypto news: Bitcoin buzz in Malaysia. Yuga Labs teases Otherside. Blockchain verdict in China.
Malaysia’s crypto proposal; Hong Kong’s 11-yr-old NFT coder
A Malaysian minister has proposed making Bitcoin a legal tender. Meanwhile in Hong Kong, an 11-year-old programmer makes his way into the NFT business.
How an 11-year-old programmer created his own NFT minter
Inspired by the success of Beeple, Miguel Wang created CryptoTigers to generate pixelated tiger images for the Year of the Tiger.
India’s crypto GST plan; Australia’s crypto reforms
South Korea prepares for the imposition of FATF travel rule heat up. Meanwhile in Australia, reforms are set to be introduced for the crypto sector.
Russian bank given crypto license: China to monitor outflows
As the conflict between Russia and Ukraine rages on and sanctions continue to mount, Russia-based bank Sberbank obtains a crypto license from the Central Bank of Russia. Meanwhile in China, social media platform Weibo allows its users to mint NFTs of their social media posts.
What US Fed’s interest rate hike means for China and its CBDC
Capital control limiting outflows may be less of an issue in the future with e-CNY being a ‘controllable currency,’ experts say.
Ukraine legalizes crypto; Korea’s crypto policy ideas
Ukrainian President signs a digital assets bill into law. Meanwhile in China, Cannan plans to buy back shares.
Indonesia’s crypto scene is booming. What are the risks?
Crypto’s growing popularity is also leading to more fraud and abuses, writes Ronald Molenaar of ADVANCE.AI. What can be done to better protect users?
Renewables uptake: Bitcoin the problem or solution?
There is more to transitioning to renewable energy than one might expect, and in Australia, one Bitcoin mining company says the industry can play a role.
China highlights crypto crimes; Kazakh miners busted
Chinese authorities cracked down on crypto related crimes on Consumer Rights Day. Meanwhile in Kazakhstan, the former President’s brother was busted for illegal crypto mining operations.
China lashes out at crypto fraud on World Consumer Rights Day
No more Burger King, Nike and Muji. This year’s annual focus on marketplace abuse names and shames crypto scams.
Singapore imposes sanctions; Bitcoin bucks market trend
Crypto exchange Binance has won a license to operate in Bahrain. Meanwhile in Southeast Asia, Singapore’s Monetary Authority has designated Russian banks amid growing sanctions.
Singapore’s crypto future; Korea “White Day” NFTs a hit
Singapore’s image as a “crypto hub” may soon change as the country doubles-down on it’s stance that crypto currency is “not suitable for the general public”. Meanwhile, Korean convenience store giants CU launch their White Day NFT competition.
How Singapore is reimagining its ‘Asian crypto hub’ image
The Lion City has been the place to be for crypto firms, but retail activity is slowing down while the central bank continues to build a haven for institutional investors.
US bill targets e-CNY; Russian sanctions hurting public
Blockchain data analysis platform Chainalysis has launched a set of free sanction screening tools. Meanwhile, lawmakers in the US take aim at China’s digital yuan, or e-CNY, while Russian sanctions begin to highlight issues with financial sovereignty as hundreds of thousands of Russian and Ukrainian civilians are caught in the financial crossfire.
A crypto bull wins the presidency: What it means for South Korea
ICOs, revamped taxation, and investor protection reverse a past crypto reluctance under the incoming administration.
Sanctions expand for Belarus; Korea’s crypto promises
As the Russia-Ukraine conflict rages on, the European Union says that crypto is included in the sanctions against Russia and Belarus. Meanwhile, South Korean President-Elect Yoon Suk-Yeol’s term in office could bring about long awaited changes in the crypto sector.
Russia faces crypto freeze as exchanges toe line on sanctions
Top blockchain and crypto news: Moscow faces crypto winter. DeFi doyen quits Fantom. China mulls metaverse moves.
Coinbase blocks Russian addresses; Philippines plans CBDC
US crypto exchange Coinbase has blacklisted 25,000 Russian wallet address in response to the ongoing Russian-Ukraine conflict. Meanwhile in Asia, English-language newspaper South China Morning Post announces the launch of its metaverse experience.
China discusses the metaverse; Blockchain community comes together
As China’s Two Session’s meetings begin, ‘Metaverse’ enters the Chinese government’s radar. And while the invasion of Ukraine continues, Singapore announces new sanctions on Russia.
‘Metaverse’ enters government radar at China’s Two Sessions
Regulation is urgently needed to govern data security and curb speculation as the metaverse industry develops, delegates say.