Adoption
El Salvador, Pakistan inaugurate diplomatic relations to collaborate on digital assets
Pakistan and El Salvador establish first-ever diplomatic ties, driven by innovative blockchain ambitions.
Assad Jafri 2 min read
Asia News
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Crypto
Fidelity’s brokerage clients becomes largest Metaplanet shareholder with $816M stake
Fidelity’s brokerage-dealer’s reflects heightened retail and institutional interest in Metaplanet.
Investments
Bitcoin investing consortium including Sora Ventures acquires Seoul-based software firm SGA Co.
SGA Co. raises $25 million to explore digital asset sector with guidance from Bitcoin-savvy global consortium.
Latest Asia Crypto News & Analysis
People
CZ threatens to sue Bloomberg over report linking Binance to Trump-backed USD1 stablecoin
A Bloomberg report claimed that Binance developed the smart contract code powering USD1 stablecoin; CZ dismissed it as “another hit piece.”
Adoption
Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking
DV8's leadership revamp highlights Bitcoin treasury focus and new crypto-financial strategies.
Scams
Chinese industry group warns Web3 and DeFi high-return deals hide classic Ponzi engines
The warning comes as retail speculation accelerates on mainland social platforms, where an unofficial “stablecoin concept” stock index has risen 88% since April.
Stablecoins
Circle eyes China market Alipay integration amid reported Ant Group partnership
The USDC stablecoin seeks a competitive edge over Tether with potential integration into Ant Group's blockchain infrastructure.
Investments
Metaplanet wants to use Bitcoin as collateral to access bank financing
The company's CEO revealed Metaplanet's long-term strategy to leverage Bitcoin reserves for business acquisitions.
Bankruptcy
Over 500 Chinese creditors challenge FTX over $470M payout freeze
Growing group of Chinese creditors are confronting FTX in US court over withheld distributions.
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Stablecoins
Shenzhen warns citizens of investment scams using stablecoins
Technology
Mainland China chipmaking capacity set to outpace Taiwan by 2030
Stablecoins
Hong Kong activates stablecoin licensing on August 1 in major digital asset push
Investments
