Brain drain: India’s crypto tax forces budding crypto projects to move
Several Indian cryptocurrency projects are planning to move their bases to more crypto-friendly jurisdictions. Go to Source Powered by WPeMatico
Asia
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HSBC debuts metaverse investment fund in Asia: Report
Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March. Go to Source Powered by WPeMatico
Celebrity tokens: Signs of rising crypto adoption in Indonesia
Some of Indonesia’s best-known celebs have helped fan the flames of interest in digital assets. Go to Source Powered by WPeMatico
Indonesia’s cryptocurrency community in 2022: An overview
Regulations, exchanges and local adoption help cryptocurrencies gain traction in Indonesia. Go to Source Powered by WPeMatico
Is China’s apprehension to ban NFTs a hopeful sign for investors?
China’s mixed signals regarding its local NFT industry have investors confused about where the local market may be headed. Go to Source Powered by WPeMatico
Bitcoin price surges, but derivatives metrics reflect pro trader’s neutral sentiment
BTC and ETH prices are in a clear bull trend, but derivatives data shows pro traders haven’t turned into bulls just yet. Go to Source Powered by WPeMatico
Tax man: India’s new tax policies could prove fatal for crypto industry
India’s crypto tax policy is set to become law on March 24. However, stakeholders believe it could eradicate small-time traders and derail the thriving industry. Go to Source Powered by WPeMatico
Crypto market selling pressure remains Asia dominated: Glassnode
Investors based in Asia have generally been sellers while those in the US and EU have been buyers for the past two years with only one short exception. Go to Source Powered by WPeMatico
Singapore to Impose Restrictions on Russian Financial and Crypto Transactions
In a rare move, Singapore is going to introduce restrictions on certain Russian financial transactions and crypto operations aimed at evading sanctions. The decision comes amid officially expressed concerns that Moscow’s invasion of Ukraine is a threat to the security of small states around the world. Singapore Becomes First Southeast Asian Nation to Impose Sanctions … Read more
Binance back in Malaysia via a strategic stake in regulated digital exchange
Binance has forged an array of new partnerships with regulated firms, especially in countries where it has found it difficult to get regulatory approval. Go to Source Powered by WPeMatico