May 2021
Deutsche, STACS wrap up Singapore DLT test project for tokenized securities
Deutsche Bank Securities Services in Singapore and Singapore fintech firm Hashstacs, or STACS, today announced the completion of a tokenized securities proof-of-commercialization test named Project Benja.
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.
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.
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.
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.
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.
Singapore’s US$31 million RegTech grant to boost crypto compliance
The RegTech grant, although not directed towards cryptocurrency, could have a profound impact on the industry.
April 2021
Singapore’s DBS Bank reports US$60 million crypto under custody
DBS Bank says it has over US$60 million in crypto under custody and plans to expand trading hours to 24/7.
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.
JPMorgan, DBS Bank and Temasek partner on ‘game-changer’ blockchain for payments
JPMorgan, DBS Bank and Temasek jointly form a new company, Partior, to develop a blockchain platform for cross-border payments and settlements.
R3 Corda helping Thailand’s case for international trade dark horse
Thailand’s crypto adoption is often overlooked, but one of its largest commercial banks has been leveraging permissioned blockchain Corda of R3 to digitize trade finance in the Fourth Industrial Revolution.
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?
ASEAN+1 pledge to advance blockchain; Paypal to launch wallet in China | The Daily Forkast
Six blockchain groups in the Asia-Pacific form a consortium, aiming to champion blockchain advocacy in the region.
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.
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.
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.
Asian governments urge ‘extreme caution’ before buying cryptocurrency
As Bitcoin and crypto market swells beyond $2 trillion, even crypto-friendly Singapore is warning the public about risks. Are more regulations coming?
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
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.
Bithumb, OKEx roiled by Korea’s new law. Why Thailand hates baht-pegged stablecoins. What’s behind Metakovan’s NFT art buys?
Other top blockchain and crypto news: Japan’s SBI Crypto opens mining pool to public. In China, more companies turn to crypto to boost bottom line.
Bank of Thailand outlines stablecoins policy as it explores retail CBDC
Thailand’s central bank says it is ‘open’ to considering stablecoins but declares Terra’s THT to be illegal. What does this mean for Tether or USD Coin?
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.
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
Digital payments — not cash — is now king in Asia’s payment ecosystem
Singapore and Thailand launch the world’s first real-time cross-border digital payment system. Here’s what else is happening in Hong Kong and China.
November 2020
Thailand’s ‘crypto cold season’ makes for a land of frowns
Thailand once marketed itself as a cryptocurrency frontier market and an alternative to Hong Kong and Singapore. What happened?
October 2020
Ep. 33 | BitMEX and John McAfee in legal hot water. Who is the cryptocurrency market betting on to be the next US president?
Other top news: Filecoin’s mainnet set to launch. Chinese banks help DCEP digital currency get market-ready. NetEase to preserve email forevermore.
August 2020
Journalist Maria Ressa’s ordeal shines light on social media’s dark side
Can blockchain stop the paid trolls, bot armies and floods of fake news that are subverting democracy through sites like Facebook?
Ep. 24 | Bitcoin riding high again. Philippines enters global CBDC race. Cardano’s Shelley mainnet goes live.
Other top news: China imposes standards for blockchain companies. Huobi launches digital asset custody business. Blockchain VC in the Middle East.
July 2020
Ep. 20 | OKEx launches in Latin America. Cardano deploys Shelley. Crypto firms R3, IoTeX and iExec join Confidential Computing Consortium.
Other top news: US still dominates blockchain patents globally. First court case in China litigated with blockchain. VC in Indonesia and Singapore.
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.
January 2020
After China’s digital currency, Indonesia may blueprint its own in 2020
As China’s digital currency is said to be “progressing smoothly,” Indonesia is also working on releasing their own white paper this year, according to Indonesian Blockchain Association cofounder Pandu Sastrowardoyo.
Indonesia’s decentralized island society makes blockchain a must-have | Opinion
Indonesia is a country of 17,508 islands and 260 million people, including 171 million internet users. It’s a huge market, dominated by the digital economy that’s ripe for blockchain disruption.