Breaking: Zipmex suspends withdrawals as CEO denies financial trouble rumors
Cointelegraph spoke to the CEO of Zipmex following the failed Coinbase deal regarding rumors that crypto contagion has spread to Thailand. Go to Source Powered by WPeMatico
Asia
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The regulatory implications of India’s crypto transactions tax
India’s introduction of new crypto taxes had a negative impact on overall trading, forcing entrepreneurs to move to friendlier jurisdictions. Go to Source Powered by WPeMatico
Philippines’ digital transformation could make it a new crypto hub
The archipelagic country of the the Philippines is exploring blockchain use cases across different industry verticals. Go to Source Powered by WPeMatico
Sri Lanka central bank reiterates crypto warning following protestors seizing president’s residence
Thousands of Sri Lankans took to the streets of Colombo in protest of the government’s response to the economic situation in the country. Go to Source Powered by WPeMatico
Opera Crypto Browser integrates Coin98 to bolster Web3 accessibility in Southeast Asia
Opera’s Crypto Browser will allow users to access Coin98’s collection of multichain NFTs, DEXs, cross-chain bridges, asset swaps and the ability to stake and lend their crypto. Go to Source Powered by WPeMatico
Uzbekistan warms up to Bitcoin mining, but there’s a catch
The executive order spares all the mined assets from taxation and bans mining anonymous currencies. Go to Source Powered by WPeMatico
Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market. Go to Source Powered by WPeMatico
Crypto lender Babel Finance halts withdrawals due to liquidity pressures
Hong Kong-based asset manager Babel Finance is the latest crypto lending firm to signal the growing crisis of the cryptocurrency lending industry amid the bear market. Go to Source Powered by WPeMatico
Samsung Asset Management to launch blockchain ETF in Hong Kong
Samsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022. Go to Source Powered by WPeMatico
Half of Asia’s affluent investors have crypto in their portfolio: Report
This figure is expected to further balloon to 73% by the end of 2022, according to research from Accenture. Go to Source Powered by WPeMatico
