Places Asia

South Korea has always played a crucial role in crypto development and proliferation.

The Governor of the Bank of Thailand, Dr. Veerathai Santiprabhob, alluded to the use of blockchain technology as part of a national effort to further Thailand’s economic potential.

Authorities in the Guangdong district of Southern China announced on July 12, 2018, an illegal gambling racket involving cryptocurrencies has been dismantled.

The investigation, executed by the KBA, is aimed at creating transparency standards as well as eliminate money laundering and insider trading.

The Shanghai Stock Exchange published a research paper outlining the potential integration of blockchain technology into Chinese financial infrastructure, arguing that adopting distributed ledger technology-based replacements for existing transaction settlement models could dramatically improve efficiency. As the fourth-largest stock exchange in the world, the Shanghai Stock Exchange (SSE) boasts a market cap of $5.01 Trillion USD […]

In an attempt to stem growing enthusiasm for cryptocurrency trading among the Chinese public, the Chinese government has been cracking down hard of cryptocurrency traders and speculators, banning cryptocurrency exchanges and outlawing ICOs.

Binance calls for donations to victims of West Japan’s ongoing natural disaster, leading the relief initiative with a $1,000,000 pledge.

For the third time in two years, Bithumb, South Korea’s biggest crypto exchange, was hacked in June 2018. SK, the country’s telecom giant, stated that the hack was likely caused by APT attacks.

Yonhap, a mainstream media outlet in South Korea, reported that commercial banks in the country are holding nearly $2 billion worth of cryptocurrencies.

Local publications reported that the government of South Korea finalized plans to legitimize the cryptocurrency exchange market and the blockchain sector with a newly created regulatory framework.

As an original blockchain hub, Japan has become a fitting home to many crypto miners seeking secure haven.

The Thai Securities and Exchange Commission officially announced the upcoming launch of a new regulatory framework for cryptocurrencies and initial coin offerings (ICOs), scheduled to come into effect July 16, 2018.

South Korea has taken another step towards the legitimization of cryptocurrency with the announcement of a new regulatory initiative that will see blockchain platforms and businesses governed by a new classification system.

After announcing the election of a new consensus node, NEO has rejoined the top-10 cryptocurrencies by market capitalization. Until now, all nodes have been operated by the project’s team. NEO entered the era of decentralization!https://t.co/JOA7UibNnU — NEO Smart Economy (@NEO_Blockchain) July 4, 2018 The July 4th announcement appeared to bode well for bulls, who purchased […]

On June 27th, 2018, the Philippine government announced they will license up to 25 cryptocurrency exchanges for operation in a special economic zone. In their statement, the administrative body of Cagayan Economic Zone Authority (CEZA) announced the initial authorization for each of the 25 exchanges to employ up to 30 traders or brokers. The exchanges will operate in […]

OKCashBag, the biggest mileage and membership system in South Korea operated by SK – the country’s largest telecommunications conglomerate– is preparing to integrate major digital assets to incentivize users with cryptocurrency.

The cumulative hashing power dedicated toward Bitcoin took a hit this week after extensive flooding of mining centers in Sichuan, China. Eric Meltzer, a partner at China-based blockchain focused fund INB, published a tweet on June 29, 2018, depicting mining hardware destroyed by flooding within the Sichuan region: Rumors that a huge flood in Sichuan took […]

Thanks to blockchain and cryptocurrency, Japan’s economy may have greener pastures ahead. As the country’s GDP growth shrinks to lows last seen in the 1990s financial crisis — a.k.a. the “lost decade” — economists point to a technological boom as a potential catalyst for recovery. Now the second-largest cryptocurrency market in the world, Japan may […]