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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.

Terra cofounder Daniel Shin’s Chai Corp. raided by S.Korean authorities

Daniel Shin’s Chai Corporation, which partnered with Terraform Labs in 2019, is accused of violating capital market rules in past dealings with Terra.

Binance set to swallow FTX as run on exchange allows CZ to swoop

Top blockchain and crypto news: FTX concedes defeat in long battle with Binance. Crypto eyes Congress races. Hong Kong U-turns on digital assets.

U.S. midterms: gridlock… and progress on crypto industry regulation?

In a period of toxic divide between the Democrats and Republicans, the need to figure out how to regulate the growing cryptocurrency industry is one of the few issues both parties seem to agree on.

Stablecoin, CBDC issues take center stage at Singapore’s Future of Finance Forum

Central bank digital currencies draw fire over inflation, privacy and threat to innovation, as questions raised over status of stablecoins in digital asset ecosystem.

Hong Kong needs engineering talent to reclaim role as digital asset hub

Hong Kong’s latest FinTech policies indicate it wants to reclaim its position as a hub for cryptocurrencies and digital assets, but that means finding the right people for the job.

The big problem with Web3

People have been waiting seemingly forever for the arrival of Web3. So why hasn’t it changed our lives yet?

Curiosity ‘always’ fuels innovation, says blockchain co-creator Stuart Haber 

U.S. computer scientist Stuart Haber, recognized with Scott Stornetta as the co-inventor of blockchain, says he is excited to see the evolution of the technology, not only in the financial sector, but also in entertainment, business, and technology industries.

Singapore vs Hong Kong

Hong Kong and Singapore are now locked in a battle over the future of crypto in Asia – but who will emerge victorious?

Singapore fintech fest raises profile of industry that wants to ‘disappear’

Digital asset and blockchain highlights of event draw huge crowds, even as industry figures say they want the technology behind them to become just a normal component of the finance system.

Can blockchain tech in green finance attract more investors and deter bad actors?

As governments look towards zero carbon emission goals, new means of creating climate-related financial products are being tested on the blockchain.

Singapore lender DBS explains its DeFi experiments, plans

DBS, the largest bank in Southeast Asia, said it tested trading of foreign exchange and government bonds using permissioned decentralized finance (DeFi) liquidity pools on a public blockchain as part of the city-state’s Project Guardian exploration of blockchain in finance.

DBS bank says it tested blockchain DeFi protocols for forex, bond transactions 

The bank is in the center of developments shepherded by the Monetary Authority of Singapore to explore digital financial technologies emerging around blockchain.

USDC stablecoin issuer Circle wins Singapore digital payment license

The issuer of the world’s second-largest stablecoin is joining a fleet of companies in the digital asset industry moving into Singapore. What’s the attraction?

Singapore’s Tokenize crypto exchange opens platform for institutional investors

Cryptocurrency exchanges in Singapore are shifting focus to heavy-hitter investors, such as family offices and financial institutions, in line with the central bank’s warnings about the risks in retail crypto trading.

Hong Kong Rethinks Crypto

Hong Kong reconsidering crypto’s retail investor ban.

Hong Kong announces policies to win back role as digital asset hub

Hong Kong reveals digital asset policies to distinguish itself from China, where cryptocurrency trading was banned in September last year.

Web 3’s Korean future

NFTs and gaming – could it be the future of Web3?

Binance says will help Busan city grow blockchain industry from bottom up

Busan, S. Korea’s designated blockchain city, plans to make itself a global center for the technology. Binance, the world’s largest crypto exchange, plans to help.

Hong Kong set to relaunch itself as digital asset hub with revamped policies

When China banned cryptocurrency trading and mining in September 2021, it was feared that policy would make its way into Hong Kong. Seems that concern is getting a rethink.

Education is best protection measure in blockchain tech, says Binance chief CZ

Binance CEO Changpeng Zhao believes education is key to a wider, safer adoption of blockchain technology.

More than just a JPEG? Digital Art Fair Hong Kong explores NFTs for data streaming and display

Pixelated pictures and cartoonish drawings have typically dominated the world of Non-Fungible Tokens (NFTs), but some exhibits at Hong Kong’s Xperience art fair show new means of applying the technology.

How Europe’s MiCA can pave the way for crypto’s revival

Europe’s new MiCA framework for regulating crypto shows the good that can happen when government works with and not against the industry, writes Nick Saponaro of Divi Labs.

Aptos debut underwhelms amid questions over design and performance

Top blockchain and crypto news: Aptos launch falls short. Why FTX chief is calling for crypto regulations. Is Hong Kong paving way for a retail CBDC?

FastForkast headlines

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

Markets: Bitcoin, Ether rise amid positive inflation data, despite reports of Russian missile strikes in Poland

Hong Kong said it remains upbeat on digital assets after FTX debacle

Bahamian regulator contradicts FTX, says no approval given for fund withdrawals

AAX crypto exchange says it is suspending withdrawals amid FTX fallout

Singapore’s central bank partners New York Fed to explore wholesale CBDCs

FTX US warns user trading could be halted ‘in a few days’

California financial regulator launches probe into FTX

FTX assets frozen by Bahamas securities regulator

Japan’s NTT Docomo to develop Web 3.0 with Accenture, Astar Network

Bitcoin miner Riot Blockchain’s stock drops amid widening Q3 losses

Japan’s Web 3.0 lawmaker urges further easing of country’s crypto regulation

Indian crypto exchange WazirX introduces profit, loss function

South Korea’s online KakaoBank to open accounts for Coinone exchange users this month

Crypto asset manager HashKey gets Singapore’s in-principle license

India forms new crypto advocacy body with Coinbase, Polygon

Standard Chartered invests in Partior blockchain payments platform

Singapore still aims to be a crypto hub, minus speculative trading

Singapore’s Project Ubin+ to study cross-border FX with CBDCs

Binance will re-enter South Korea’s crypto market, CZ says

India’s finance minister urges G20 nations to come on board to regulate crypto

BIS’ ‘Project Mariana’ to explore CBDC integration with DeFi

Payments platform StraitsX to show real-world stablecoin use at Singapore Fintech Festival

NEAR sets up Web3 hub in South Korea, eyes Asia expansion

Asia’s largest metaverse Zepeto targets sex abuse, exploitation

mBridge participants to end domestic payments of foreign CBDCs

India seeks info from crypto exchanges as it mulls GST on asset class: report

S.Korea sees passing crypto investor protection as a priority: report

Bankman-Fried calls wealth-based barriers to crypto investment classist, racist

Hong Kong to boost funding, investor pool for fintech startups

India shortlists nine banks to start CBDC trial from Nov. 1

Singapore’s digital marketplace Alta buys Hg Exchange

Singapore’s DBS Bank trials use of digital SingDollar with vouchers

South Korea’s Wemade to remedy WEMIX token after ‘investment warning’ by crypto exchanges

Hong Kong seeks to allow crypto futures ETFs

Sam Bankman-Fried says Hong Kong could become Asia’s Web 3 hub

Terra CEO Do Kwon faces lawsuit in Singapore, next hearing on Wednesday

Blockchain will be YouTube for finance, says CEO of South Korean blockchain firm Streami

Crypto a rising currency of choice for drug smugglers in India

Kazakhstan’s central bank to test CBDC on BNB chain

UK High Court shuts down PGI Global for alleged crypto scam

Hong Kong mulls plans to legalize retail crypto trading: Bloomberg

Gaming and NFTs will drive Web3 growth: COO

A 100% reserve is a must for any stablecoin: Wemade CEO

Hong Kong crypto firm Q9 Capital gets Dubai provisional approval

Singapore floats tests for retail crypto traders, plans to regulate stablecoins