Articles filed under


18 articles

South Korea’s Wemade shares drop, WEMIX token plunges after delisting verdict

The South Korean blockchain game maker’s WEMIX cryptocurrency will be removed from the country’s four major cryptocurrency exchanges that collectively account for more than 95% of the country’s crypto trading volume.

DeFi regulation: it’s not a matter of if, but when

The push to regulate DeFi is stronger than ever, and the sector would be wise not to fight but participate in that inevitability, writes Michael Shing of XREX.

Innovation vs Regulation

Innovation and regulation are mutually exclusive in the world of crypto – and in the aftermath of the FTX collapse, getting the balance right is key.

Digital ID Ready?

As the Philippine government ties to roll out a hugely ambitious ID system, we take a look at how blockchain could make data more secure.

It’s time for more institutions to adopt blockchain and crypto: Opinion

Despite the myriad benefits of blockchain and cryptocurrency, institutional interest remains mixed in Asia Pacific. What lessons should the industry learn from 2022 to overcome the barriers to adoption?

Philippines’ Blockchain Future

The Philippines might have moved on from Axie Infinity and other NFT collections, but its still steaming ahe

S.Korea requests warrant to bring Terra-Luna cofounder Daniel Shin into custody

A court in South Korea will review if prosecutors are allowed to arrest and bring Terraform cofounder Daniel Shin and seven others into custody, for charges including fraud.

S. Korea’s Wemade files injunction against country’s top 4 crypto exchanges

The blockchain game maker fights delisting of its symbolic WEMIX crypto token.

Blockchain is transforming capital markets, and Singapore is leading the way: Opinion

Asset tokenization and DeFi hold tremendous potential for the finance sector, writes Han Kwee Juan of DBS Bank. Here’s how the Singaporean government is at the forefront of change.

S.Korean Wemade’s stock falls 30% after exchanges announce WEMIX token delisting; CEO blames Upbit exchange

The delisting poses a great obstacle to the game maker’s growing blockchain empire, while Wemade’s CEO blames the crypto exchange

Scam Center Slavery?

It’s no secret that crypto scams and fraud are abundant – but those doing the scamming might be victims of something even more sinister.

Chinese mafia forcing Filipinos to work for crypto scams, says Philippine Senator

The organized crime gangs victimize both the trafficked and those that get scammed, according to the official

The crash and burn of FTX: What lessons does it teach us?

As FTX victims and creditors sift through the pieces, how much of this blowup should regulators have seen coming — and could it happen again?

S.Korea’s top regulator says digital assets, virtual assets are different

While the crypto industry grapples with the definition of blockchain-based digital tokens, South Korea wants to nail down the terminology.

Australia to revamp cryptocurrency rules after FTX collapse

The country is one of the first to say it will act to set up regulations to prevent a collapse similar to FTX, which filed for bankruptcy protection and froze the assets of hundreds of thousands of investors.

Taiwan’s Crypto Future

Taiwan’s economy has taken a hit due to lowered demand for its number one export and repercussions of the Chinese Mainland’s zero-COVID policies. How has that shifted the Taiwanese government’s attitude towards crypto?

How Hong Kong and Singapore can make Asia the center of crypto’s future

Yes, there is rivalry between the two global finance hubs. But their strengths are also complementary for Asia to become an even bigger crypto powerhouse, writes Lily Z. King.

Singapore’s Temasek writes off US$275 mln in FTX

Temasek says its belief in Sam Bankman-Fried may have been ‘misplaced.’

FTX collapse leaves investors jittery over crypto contagion

Top blockchain and crypto news: FTX fallout spooks sector.’s $400 million ‘accident.’ Hong Kong’s new digital asset drive.

FastForkast headlines

U.S. considering bill to require crypto miners to report carbon emissions

Hong Kong’s virtual asset licensing regime to take effect next June

S.Korea court dismisses Wemade’s injunction, local exchanges to delist WEMIX

Hong Kong’s race to launch first crypto-linked ETF begins

S.Korea central bank puts hand up to regulate stablecoins

Majority of ‘wealthy’ South Koreans say no plan to invest in crypto, cite lack of trust

Australian crypto exchange Swyftx cuts 40% of jobs amid fallout from FTX collapse

Sam Bankman-Fried ‘not sure’ if he will testify before Congress on Dec. 13

Wemade in talks with Binance for custody of WEMIX cryptocurrency

S.Korea court to settle MIR4 maker Wemade, WEMIX legal battle

S. Korea energy conglomerate builds US$84 mln metaverse fund

FTX collapse will blunt activities of North Korea hackers, analyst says

South Korea’s Shinhan Bank starts ‘metaverse’ services, according to local media

Indonesia central bank releases whitepaper on digital rupiah, to develop wholesale CBDC first

Binance re-enters Japan with acquisition of regulated Sakura Exchange BitCoin

Philippine Blockchain Week: Blockchain adoption struggles in the Philippines as businesses ‘invest to survive’

Swiss crypto bank SEBA Bank expands to Hong Kong

S. Korea releases ethical guidelines for the metaverse

Markets: Bitcoin, Ether gain as China eases Covid rules amid protests; Dogecoin jumps

India to roll out retail CBDC on Dec. 1

ECB’s Christine Lagarde: Further crypto regulation ‘absolute necessity’ following FTX collapse

U.S., S. Korea applied for over 75% of world’s metaverse patents: report

Nigeria seeks distinction between digital assets and crypto 

Australian fintech firm launches new AUD stablecoin, AUDE

Singapore’s Matrixport eyes US$100 mln fundraiser at US$1.5 bln valuation

Singapore police say they are investigating crypto lender Hodlnaut on fraud allegations

Russia plans launch of national crypto exchange

Hex Trust bags virtual asset license from Dubai

Japan’s central bank to test digital yen with three megabanks: report

India’s CoinSwitch launches platform to enable multi-exchange trading with single login

Singapore’s DBS bank completes intraday repurchase transaction on JPMorgan’s blockchain-based platform

S.Korea’s Ifland metaverse launches globally in 49 countries

New York State passes two-year moratorium on some crypto mining facilities

Regulators should seek greater disclosure from stablecoin issuers: HK monetary authority researchers

Huobi plans Southeast Asia, Europe, Caribbean expansion

Hong Kong residents spend most time online globally: NordVPN survey

Thai crypto exchange eyes Hong Kong for possible public share sale in 2024: report

FTX Japan readies for resumption of withdrawals by end-2022: report

Singapore’s central bank says not possible to protect local users from FTX fallout

S. Korea mulls requirement for digital asset exchanges to compensate sudden withdrawal suspension

S.Korea examines exchange native tokens after FTX meltdown

South Korea, Singapore, Japan biggest users of FTX pre-collapse, says CoinGecko

Taiwan’s top three crypto exchanges say operations unaffected amid FTX fallout

HK crypto over-the-counter service Genesis Block to end trading: Reuters

Bahamas regulator orders transfer of all FTX digital assets to government wallet

Terra cofounder Daniel Shin denies $100 mln LUNA cashout: report

FTX contagion in S.Korea: GOPAX halts Genesis-backed DeFi

New FTX chief says lack of controls at bankrupt exchange ‘unprecedented’

China’s state blockchain infrastructure Xinghuo BIF partners Malaysian MyEG to fuel global push

Indian crypto exchange CoinSwitch says proof of reserves shows sufficient reserves to match clients’ stake

Binance gets Abu Dhabi regulator’s nod to offer crypto custody services

Korbit is first South Korean exchange to disclose full crypto reserves, post-FTX debacle

NFT platform, art collective launch collaboration in aid of Ukraine