Exchanges
WazirX creditors to decide on recovery plan or risk lengthy liquidation
WazirX's phased compensation plan seeks to deliver up to 80% recovery despite skepticism and regulatory complexities.
Assad Jafri 3 min read
Asia News
Insights on policy shifts, CBDC pilots, mining trends, and the broader impact on global crypto markets.
Coverage footprint 6.7%
News sentiment 37 /100
Top Asia Stories
AI
OpenAI makes strategic push into Asia with Kakao partnership amid negotiations with SoftBank
Kakao Corp. becomes the first South Korean tech firm to collaborate with OpenAI, enhancing AI-driven innovation across its platforms.
Regulation
India is reconsidering its crypto policy but tightens tax rules
Experts warn that severe penalties and strict disclosure mandates might push traders to non-compliant channels, challenging regulatory control.
Latest Asia Crypto News & Analysis
Regulation
Ripple’s XRP omitted from Hong Kong regulator’s approved list of cryptos
While Ripple eyes broader adoption through ETFs and futures, Hong Kong's caution clouds XRP's regional prospects.
Crypto
Metaplanet plans $745M capital raise to boost Bitcoin holdings amid yen decline
Metaplanet moves forward with Asia's largest equity offering centered on Bitcoin purchases.
Stablecoins
Taiwan’s FSC outlines regulatory path for bank-issued stablecoins
Taiwan's stablecoin framework aims to bridge the gap between fiat and digital currencies, fostering safe and cheap cross-border transactions.
Investments
HK Asia stock soars amid crypto-focused UTXO, Sora Ventures acquisition
UTXO and Sora Ventures drive HK Asia Holdings to new heights with Moon Inc. rebrand amid Bitcoin and Web3 focus.
Exchanges
Singapore court backs WazirX plan for post-hack revival
Zettai aims to expedite creditor recoveries and relaunch WazirX with enhanced features following critical court decision.
Analysis
CryptoQuant CEO believes China may have sold its entire 194,000 Bitcoin stash in 2019
CryptoQuant CEO's analysis questions China's official Bitcoin holdings with on-chain data hinting at prior liquidation.
More Asia Crypto News Headlines
Exchanges
Phemex reassures users with a compensation plan after $37 million hot wallet breach
Exchanges
Indian crypto platform WazirX freezes $3M to aid recovery from $230M hack
Crypto
Thailand navigates crypto with Bitcoin ETF ambitions and Polymarket scrutiny
Hacks
