Bear Market
Amber Group reportedly set to end $25M Chelsea deal, lays off 40% of workforce
Amber Group was caught up in the FTX contagion but set to survive by cutting costs across the board.
Christian Nwobodo 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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Top Asia Stories
Regulation
The Majilis approve new crypto regulation bill in Kazakhstan
The Majilis have approved the new bill governing the regulation of crypto assets alongside four other crypto mining regulation bills in Kazakhstan.
CBDCs
Indonesia Payment system digitalization among 2023 economic growth plans
A Digital Rupee flowing across a Digital Payment system is part of Indonesia’s 2023 key economic plans, says the newly released report.
Latest Asia Crypto News & Analysis
NFTs
Chinese Hangzhou Court calls for NFT regulation
According to the Court, the NFTs have characteristics of value, scarcity, controllability and tradability.
Crypto
CryptoSlate Wrapped Daily: Bitcoin falls 1.4% after US payroll data, FTX Japan works to offer liquidity
Binance freezes $3 million after the Ankr attacker stole 6 quadrillions of aBNB, data shows over 8% of Bitcoin was purchased between $15,5K and. $17K, and much more in this edition of CryptoSlate Wrapped Daily.
Bankruptcy
FTX Japan to unfreeze withdrawals of client funds
The new FTX trading management team has approved the plan to resume withdrawal services, the Japanese subsidiary announced on Thursday.
CBDCs
CBDCs: India’s digital rupee falls flat as low volumes blight trial run
Initial reports suggest the e-rupee has failed to catch on among retail users. Worse still, bankers blasted it as an inefficient administrative burden.
Exchanges
Binance re-enters Japan, controls over 75% of exchanges’ monthly trading volume
Binance now controls over 75% of exchnages' monthly trading volume, according to available data.
Regulation
Singapore requires banks to hold $125 for every $100 Bitcoin exposure
Singapore's MAS minister said banks in the country have "insignificant" exposure to crypto.
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Crypto
CryptoSlate Wrapped Daily: FTX took $3.7B loss in 2021; Coinbase reveals Grayscale Bitcoin reserves
Regulation
Singapore’s watchdog says Binance placed on Investor Alert List over FTX due to unlicensed activity
Analysis
Asia’s Bitcoin supply records new ATH while US, EU reserves shrink
Regulation
