Asia

Singapore Act to License Cryptocurrency Firms Comes Into Effect

Legislation regulating the operations of cryptocurrency firms in Singapore comes into effect today, Jan. 28. The new Payment Services Act…

Blockchain and 5G: Greatest Promise Is to Transform the Developing World

The biggest topic in the mobile industry over the last few years has been 5G. In an industry that has…

Crypto Custody Provider Ledger Extends Reach in Asia With New Institutional Client

Digital asset storage provider Ledger is partnering with FLETA, a South Korea-based blockchain platform for decentralized applications (dapps) to provide…

Singapore Gov’t, Mastercard and Mitsubishi Form Alliance to Digitize Trade

The Singapore government, along with an array of the world’s major financial and manufacturing companies, has formed an alliance to…

Cardano’s Commercial Arm to Help Uzbekistan Form Blockchain Task Force

The Cardano blockchain’s commercial arm, Emurgo, has partnered with the government of Uzbekistan to form a blockchain task force to…

Thai Stellar-Based Startup Lightnet Raises $31M to Replace SWIFT

Thai Stellar-based blockchain startup Lightnet has raised $31.2 million to boost cross-border payments in Southeast Asian countries. The Bangkok-headquartered firm…

China’s Central Bank Completes Top-Later Design and Joint Tests of Planned CBDC

The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency…

Interpol Leads Operation to Tackle Cryptojacker Infecting Over 20,000 Routers

International crime fighting agency Interpol has taken action to stem a plague of cryptocurrency mining malware afflicting computer routers across…

Hong Kong Institute of Bankers Onboards Six Virtual Banks as Members

The Hong Kong Institute of Bankers (HKIB) has onboarded six virtual banks as corporate members, according to a Jan. 2…

Application for China’s ‘First’ Blockchain ETF Filed With Regulator

An application for a blockchain-focused exchange-traded-fund (ETF) has been filed with China’s securities regulator, according to a disclosure from the…

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