Adoption
Japanese gaming publisher Gumi announces plans to buy $6 million worth of Bitcoin for treasury
The company is already a node operator for Bitcoin staking protocol Babylon, with nearly 8 BTC in delegated staking.
Gino Matos 2 min read
Asia Crypto News
Insights on policy shifts, CBDC pilots, mining trends, and the broader impact on global crypto markets.
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Regulation
Japan requests Apple, Google block access to unregistered crypto exchanges
Japan's regulatory push asks Apple and Google to block unregistered crypto apps, spotlighting tech roles in enforcement.
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.
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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.
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.
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Exchanges
Singapore court backs WazirX plan for post-hack revival
Analysis
CryptoQuant CEO believes China may have sold its entire 194,000 Bitcoin stash in 2019
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Phemex reassures users with a compensation plan after $37 million hot wallet breach
Exchanges
