Tag: Asia

For Asian Miners To Continue To Survive, Efficiency Has To Be Doubled Down

When Bitcoin was introduced, very few individuals understood what it was let alone what it could achieve. Although a few prominent investors were interested, the crash of BTC thanks to the Mt. Gox hack plus the overall levels of uncertainty linked to BTC made investors uncertain and refrained from investing. However, through the years, more ...

Crypto Startup Ledger Expands to Asia Pacific in Hong Kong

Paris-based crypto security giant Ledger has announced its expansion into Asia with the establishment of a Hong Kong office and the appointment of Benjamin Soong as Head of Asia Pacific (APAC).

Trump’s Tariffs are Putting the Pinch on Bitcoin Mining Giant Bitmain

Increasing tensions in China-US trade relations may portend tougher times ahead for Chinese bitcoin mining hardware maker Bitmain, with shipments to one of its major overseas markets facing new tariffs since August 23.

Omise Bags Japanese Investment to Support its Blockchain PayPal Alternative

Japanese venture capital firm Global Brains has invested an undisclosed sum into Omise Holdings.

Major [Shuttered] Indian Exchange Zebpay Moves to Malta after Central Bank Blockade

Zebpay, one of the biggest exchanges in India, has registered an office in Malta with a view of serving not just citizens and residents of the island nation but also other European countries.

Japanese Taxation Committee Seeks to Simplify Cryptocurrency Tax Reporting

A Japanese taxation policy committee held a debate with the aim of simplifying cryptocurrency tax Wednesday, Oct. 17

Indian Govt. Panel Could Propose Illegalizing Holding of Unregulated Crypto Assets: Report

It could soon be illegal in the world’s largest democracy to hold cryptocurrencies that lack the government’s seal of approval.

Malaysia to Spain: Asian FinTech Completes Ripple Blockchain API Payment

A central-bank approved Malaysian Fintech startup that has specializes in international money transfers has completed its first cross-border transfer on RippleNet, Ripple’s enterprise blockchain platform using an API solution.

MoIT Makes Case for Crypto Mining

Viet Nam News, HÀ NỘI — The Ministry of Industry and Trade (MoIT) has proposed not to suspend the imports of cryptocurrency mining machines (HS code 8471.80.90) in order to ensure the production and business activities of enterprises.

Fintech Regulation: New Law to Impact Mobile Wallet Operators in Singapore

Singapore is about to introduce a new law to prevent shadow banking by requiring mobile wallet operators and payments startups to ring-fence deposits so they don’t function as unregulated banks.

Japan: Messaging Giant LINE Launches Trading of Its LINK Token on Native Exchange

Japanese messaging app provider LINE Corporation announced that its newly-developed LINK (LN) token is now tradeable on its native BITBOX cryptocurrency exchange in a press release Tuesday, October 16.

Product Designers and OEMs Heavily Depend on Manufacturing in China, SophiaTX Blockchain Provides Desired Trust and Transparency

SophiaTX establishes presence in Chengdu, one of the fastest-growing cities in China.