Southeast Asia’s first Bitcoin fund launches to meet local institutional demand
The BCMG Genesis Bitcoin Fund-I will be available to accredited Asian investors. Go to Source Powered by WPeMatico
Malaysia
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Report: Asia’s Cryptocurrency Landscape the Most Active, Most Populous Region ‘Has an Outsize Role’
Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns are located in Asia. Moreover, 98% of ethereum-based futures and 94% of bitcoin futures volumes stem … Read more
Why is Bitcoin $86K in Nigeria? Here’s why the BTC premium is huge in some countries
Traders are accustomed to slight price differences between exchanges, but is a 70% gap sustainable? Go to Source Powered by WPeMatico
Malaysian Police Bust Gang That Stole $2.15 Million Worth of Electricity to Mine Bitcoin
Police in Malaysia’s Jahor state have busted a seven-men gang that stole 8.6 million Malaysian ringgits ($2.15 million) worth of electricity to mine bitcoin and other cryptocurrencies. ● Police said they seized 1,746 bitcoin (BTC) mining machines across 21 premises in raids carried out between Feb.15 and Feb.16, the Malay Mail reported. The miners are … Read more
Major Malaysian Bank Kenanga Acquires 19% Stake in a Crypto Exchange
One of Malaysia’s top investment banks has bought a 19% stake in a local crypto exchange via its private equity arm. The Kenanga Investment Bank announced its inception into the crypto business by investing in Tokenize Xchange. Tokenize Xchange Is One of the Three Malaysian Licensed Crypto Exchanges Per the official announcement, the bank made … Read more
Major Malaysian financial firm to invest in regulated crypto exchange
Malaysian financial services firm Kenanga Investment Bank Berhad is getting into digital assets. Go to Source Powered by WPeMatico
China Construction Bank’s blockchain bond efforts take a new direction
After an earlier attempt, China Construction Bank has gone back to the drawing board with new partners and a new proof-of-concept for a blockchain-based bond. Go to Source Powered by WPeMatico
Huobi launches regulated crypto exchange in Malaysia
The new entity is called Huobi Labuan, and its brokerage license allows it to offer crypto spot and derivatives trading for an initial nine-month trial period. Go to Source Powered by WPeMatico
Chinese banking giant withdraws $3B blockchain bond from listing
The $3 billion blockchain bond has been effectively cancelled. Go to Source Powered by WPeMatico
One of the world’s top banks issues bonds that can be bought with Bitcoin
China Construction Bank has used blockchain technology to issue the first tranche of a planned $3 billion worth of debt. Go to Source Powered by WPeMatico