Places Asia

The Bank of Japan said it needs to explore the idea of a digital Yen further before giving it a greenlight as people have better options already.

Zipmex exchange at the brink of a collapse turns to the Singapore High court for bankruptcy protection as it looks to raise more funds to continue operation.

The Ministry of Justice has issued a "notification upon arrival" notice to Do Kwon while Daniel Shin is restricted from leaving the country.

The lobbying groups are planning to ask the government to make crypto issuing and holding cheaper to prevent talented individuals from leaving the country.

South korean prosecutors want to be informed in case Terra's Do Kwon enters the country.

Infrawatch PH said Binance product offerings in the country are securities, blames it for Terra’s collapse.

Three Arrows Capital (3AC) was founded in 2012 by Kyle Davies and Su Zhu, who attended Columbia University together and later worked as colleagues at banking giant Credit Suisse.

Former Axie Infinity player Samerson Orias gives his story on how he grew to hate the game.

Users affected by Zipmex’s withdrawal freeze were requested to provide feedback to Thailand's SEC, as Zipmex faces a liquidity crisis from exposure to Celsius and Babel Finance.

China is doubling efforts to increase digital yuan adoption and usage by creating tailor-made products for the currency.

The two companies have reportedly been in talks for months, and there are indications of the negotiations being at an advanced stage.

Zhu and Davies of Three Arrows Capital recount the story behind the hedge funds rise and fall, as they prepare to relocate to Dubai.

Minister of State for Finance Pankaj Chaudhary knocked back calls to reduce taxes, saying the central bank wants to discourage participation.

Government officials tied their decision to postpone the crypto tax to the stagnant market condition and the lack of an investor protection system.

In a now deleted stated, Zipmex said its exposure to Babel Finance was $48 million while that to Celsius Network was $5 million.

The JVCEA has got warnings from the Financial Services Agency for delaying the introduction of anti-money laundering rules.

Recent market turmoils and the resulting financial problems of key business partners led Zipmex to halt withdrawals, the firm said.

The investigation team also raided eight other locations and seized transaction records and other materials.