Category: Asia

Asian CBDC projects: What are they doing now?

Asian CBDC projects: What are they doing now?

The rapid growth of mainstream attention toward cryptocurrencies has forced the hands of numerous governments to create their digital alternatives. Over the past few years, interest from various jurisdictions has been pointed towards central bank digital currencies (CBDCs) — digital versions of government-issued fiat. Given their capacity to use blockchain technology to facilitate a simplified […]

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Crypto transactions surge 706% in Asia as institutional adoption grows — Chainalysis

Crypto transactions surge 706% in Asia as institutional adoption grows — Chainalysis

When it comes to cryptocurrency transactions, the region of Central and Southern Asia and Oceania, or CSAO, is growing rapidly. 5733 Total views 49 Total shares Emerging markets across Central and Southern Asia have registered a dramatic uptick in cryptocurrency transactions, highlighting a diverse range of motivations among locals for gaining exposure to digital assets […]

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43% of Singaporeans own crypto, according to Independent Reserve survey

43% of Singaporeans own crypto, according to Independent Reserve survey

The inaugural 2021 Independent Reserve Cryptocurrency Index, or IRCI, is based on a poll of 1,000 Singaporeans from a representative background of gender, age and location. 4781 Total views 23 Total shares Cryptocurrency adoption is growing in Singapore, especially among younger generations looking to capitalize on the generational wealth potential of Bitcoin (BTC) and other […]

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Digital Currency Group backs South Korean crypto exchange operator

Digital Currency Group backs South Korean crypto exchange operator

Streami, the company behind the popular GOPAX exchange, has received direct funding from Digital Currency Group. 8101 Total views 27 Total shares Digital Currency Group, the venture capital firm behind some of the biggest companies in blockchain, has become the second-largest shareholder of Streami, a leading cryptocurrency exchange operator in South Korea.  Barry Silbert, founder […]

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New ASEAN blockchain consortium targets cross-border cooperation

New ASEAN blockchain consortium targets cross-border cooperation

The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness. 9847 Total views 43 Total shares Blockchain associations from Australia and five Southeast Asian nations are joining forces to promote blockchain development and education. Blockchain organizations from Australia, Singapore, Malaysia, Thailand, Indonesia and the Philippines signed a memorandum […]

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