Circle to invest in Japanese yen stablecoin as part of expansion to Asia
Circle’s Asia plans include a regional headquarters in Singapore, a new venture arm and investment in Japanese yen stablecoin efforts. Go to Source Powered by WPeMatico
Asia
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Laotian govt budget expected to gain $194M from crypto miners by 2022
Lawmakers reportedly plan to use the extra revenue for “priority programs,” including paying down the national debt and responding to the pandemic. Go to Source Powered by WPeMatico
Asia-Pacific leads the world in NFT searches on Google
Google searches for “NFT” again overtook “cryptocurrency” queries in September after a significant spike in March. Go to Source Powered by WPeMatico
Asian CBDC projects: What are they doing now?
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar? Go to Source Powered by WPeMatico
Sri Lanka appoints committee to implement crypto mining and blockchain
The committee plans to propose a suitable framework for Sri Lanka after studying the regulations followed by international markets. Go to Source Powered by WPeMatico
Crypto transactions surge 706% in Asia as institutional adoption grows — Chainalysis
When it comes to cryptocurrency transactions, the region of Central and Southern Asia and Oceania, or CSAO, is growing rapidly. Go to Source Powered by WPeMatico
DeFi and DEX volumes soar amid China’s crypto ban and ongoing US regulation
Data shows that crypto holders are increasingly shifting to DeFi protocols and DEXs as China continues its cryptocurrency crackdown and fears of heavy-handed regulation scare US-based traders. Go to Source Powered by WPeMatico
Crypto asset manager Cobo raises $40M to launch DeFi-as-a-service
Despite a blanket ban in China and regulatory crackdowns on exchanges in Korea, Asia remains a hotbed for crypto investments. Go to Source Powered by WPeMatico
Vietnam leads crypto adoption in Finder’s 27-country survey
Financial product comparison website Finder.com has released its latest crypto report, where it evaluated adoption trends across 27 countries in Europe, Asia and the Americas. Go to Source Powered by WPeMatico
Indonesian crypto exchange Pintu raises $35M in Series A
Pintu’s backers believe the exchange has the potential to become one of crypto’s leading brands in Indonesia and Southeast Asia more broadly. Go to Source Powered by WPeMatico
