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
Asia
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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
Digital asset platform Zipmex partners with Visa in Asia Pacific
Visa is continuing to extend its integration with regulated crypto companies worldwide. Go to Source Powered by WPeMatico
43% of Singaporeans own crypto, according to Independent Reserve survey
The inaugural 2021 Independent Reserve Cryptocurrency Index, or IRCI, is based on a poll of 1,000 Singaporeans from a representative background of gender, age and location. Go to Source Powered by WPeMatico
Huobi reportedly suspends futures trading ‘temporarily’ in some countries
The leading cryptocurrency exchange is also reducing its services in mainland China amid fears of growing regulatory scrutiny. Go to Source Powered by WPeMatico
South Korean Governor Becomes the First Politician to Disclose Publicly His Cryptocurrency Holdings in the Country
Regardless of the political turmoil that arose in South Korea due to the crypto-related regulations, a leading politician had come forward to reveal that he had made investments in virtual currencies publicly. Won Hee-ryong, the Governor of Jeju Island, unveiled that he invested in four different cryptocurrencies. Wong Plans to Keep Updating People via Youtube … Read more