Asia News

BingX, a leading global cryptocurrency exchange based in Singapore, has named Vivien Lin as its new Chief Product Officer in a Dec. 5 post.

Harvest Global Investments partners with Meta Lab HK to launch a tokenized U.S. dollar bond fund on Nov. 23. According to a Nov. 22 post on X, Harvest Global Investments (HGI), an investment firm under Harvest Fund Management, collaborated with…

Wintermute Asia, a branch of the algorithmic trading firm Wintermute Group, has executed its first options block trade through CME Group, marking a significant collaboration between crypto and traditional financial markets.

As regulatory challenges in the U.S. still remain, CoinFund is now seeing capital moving out of the country to Asia. CoinFund, a New York-based cryptocurrency investment firm, has expanded its services in Asia with a new hire as regulatory challenges…

Hong Kong-based institutional cryptocurrency asset custodian Hex Trust has been approved to provide virtual asset custodial services to institutional clients and investors in Dubai. The firm, which opened its office in Dubai in June 2022, has been awarded a full…

The Virtual Asset Management Bill lays the foundation for categorizing virtual assets and outlining the operational guidelines for exchanges within the country. On Oct. 25, legislators in Taiwan introduced a Virtual Asset Management Bill to the Legislative Yuan, the country’s…

The Hong Kong Monetary Authority (HKMA) works on two CBDC-related projects, MBridge and e-HKD. The central banks of Hong Kong, China, Thailand, and the United Arab Emirates, along with HMKA, are working on developing mBridge, a cross-border central bank digital…

Investigating crypto scams around Tether’s stablecoin, journalist Zeke Faux uncovers a large human trafficking ring in Cambodia. Crypto scams and exchange hacks are becoming almost a regular occurrence in the digital assets space. But a recent revelation from Bloomberg’s investigative…

Central & Southern Asia and Oceania (CSAO) lead the crypto adoption index, contributing six countries on the top ten list of Chainalysis’ latest index. Chainalysis has shared its recent report with crypto.news. As in previous cases, the paper evaluates the…

Thailand's new government is utilizing blockchain and crypto wallets to disburse $280 cash handouts to citizens.

According to a recent survey by the blockchain software company Consensys, people in Asia and Africa are more likely to invest in cryptocurrencies over the next year. Per the blockchain company, the survey was taken among 15,158 respondents aged 18…

One of Binance’s top executives is reportedly exiting the company following several senior executive departures in recent months.  Binance Asia-Pacific (APAC) chief Leon Foong is resigning from the firm, Bloomberg reported on Aug. 31, citing people familiar with the matter. …

A partnership with the credit card giant Mastercard will allow Nuvei to offer instantaneous payout capabilities for their customers in the APAC region.

Hong Kong’s Financial Secretary, Paul Chan Mo-po, touts the potential of web3 and blockchain, envisioning them as catalysts for the city’s next tech-driven growth phase. In the preceding decade, there was a remarkable growth in the realms of music streaming,…