Cryptocurrencies

Huobi's Asia headquarters will be moved to Hong Kong from Singapore.
Cryptocurrencies

Justin Sun to move crypto exchange Huobi's Asia HQ to Hong Kong

Decision comes as city looks to become regional leader in digital assets

20 February 2023
Trading volume on Bitkub doubled to $139 billion on the day that global exchange Binance withdrew its offer to bailout its rival FTX.
Cryptocurrencies

Thai crypto investors turn to local exchanges after FTX collapse

Bitkub covers 75% of crypto trade in Thailand as competitors falter

15 February 2023
Vietnamese IT company CodLUCK, part of an alliance of 15 companies, specializes in smartphone app and blockchain software development. (Photo courtesy of CodLUCK)
Technology

Vietnam IT companies join forces to secure more orders from Japan

Alliance to use young engineers to attract AI, app, blockchain system work

15 February 2023
North Korean leader Kim Jong Un, center, presides over a military meeting in Pyongyang on Feb. 6.
Cryptocurrencies

North Korea stole record amount of crypto in 2022: U.N. report

Security Council panel details isolated country's use of sophisticated techniques

7 February 2023
Hong Kong has been trying to position itself as Asia's cryptocurrency trading hub, but the collapse of major exchange FTX has sent shivers through the crypto market. 
Cryptocurrencies

Head of Hong Kong cryptocurrency exchange OSL steps down

CEO Wayne Trench moves to advisory role amid crypto market downturn

20 January 2023
The Nasdaq sign in New York displays the Coinbase logo the day the cryptocurrency exchange went public in April 2021.
Cryptocurrencies

Coinbase weighs Japan exit amid crypto headwinds

U.S. exchange plans new sweeping cutbacks as effects of FTX bankruptcy spread

13 January 2023
Graphics cards needed to play games on high-performance personal computers were in short supply because they were used for cryptocurrency mining. (Photo by Ella Don on Unsplash)
Cryptocurrencies

Crypto crash a boon for gamers as graphics card prices plunge

Headwinds against coin mining boost availability of computer component

7 January 2023
FTX's calamitous collapse has provided a much-needed impetus.
Opinion

Asia's crypto sector will emerge stronger from FTX's collapse

Recognizing industry is here to stay, regulators are building better frameworks

3 January 2023
Cryptocurrency prices versus the dollar in Hong Kong on Dec. 21. After reaching record highs late in 2021, cryptocurrencies had a harsh 2022.
Business Spotlight

'Crypto winter' to 'ice age'? What 2023 holds for digital assets

After a year of turbulence, exchanges and investors hope for an eventual rebound

30 December 2022
A person tries out augmented reality glasses during the Mobile World Congress in Barcelona in 2018.
Caixin

Strict rules at home push Chinese metaverse entrepreneurs overseas

Recent shocks in tech industry prompting more regulatory action

26 December 2022
"We continue to invest and actively source deals and founders to come to our incubation program," SCB 10X CEO Mukaya Panich said.
Finance

Thai megabank SCBX to steer fintech holdings through crypto crisis

Through VC arm, Thailand's oldest bank readies for DeFi, blockchain

22 December 2022
The fundamental problem behind the FTX scandal was a lack of transparency.
Opinion

FTX crash shows need to embed regulation into crypto systems

RegDeFi brings together advantages of centralized and decentralized structures

15 December 2022
Do Kwon, co-founder and chief executive officer of Terraform Labs, is seen in the company's office in Seoul, South Korea, on April 14. South Korean prosecutors are seeking Kwon's arrest over the collapse of cryptocurrencies Luna and TerraUSD.
Cryptocurrencies

South Korean prosecutors say crypto fugitive Do Kwon is in Serbia

Terraform Labs co-founder sought over alleged fraud, market manipulation

12 December 2022
Banks will be required to set aside traditional capital equivalent to the value of cryptocurrency holdings under upcoming rules from the Basel Committee on Banking Supervision.
Cryptocurrencies

Banks face first global cryptocurrency rules in wake of FTX collapse

Basel Committee set to require that crypto holdings be backed by capital

10 December 2022
Exchange-traded funds dealing with cryptocurrency futures will allow investors to make transactions through regulated financial products. (Source photos by Reuters)
Cryptocurrencies

Hong Kong funds seek approval for crypto-linked retail ETFs

City vies to become digital asset hub amid sector turmoil

6 December 2022
Crypto exchange Binance holds officially licensed operations in 12 countries.
Cryptocurrencies

Binance enters Japanese crypto market with acquisition

Sakura Exchange deal marks official re-entry into Japan after FSA warning

1 December 2022
Singapore's Temasek has faced questions over the nature of its due diligence on FTX after it took a $275 million write-down on the exposure. (Source photos by Reuters)
Cryptocurrencies

Singapore's Temasek to review FTX crypto deal after $275m hit

City-state's finance minister admits reputational damage for state investor

30 November 2022
South Korean prosecutors are widening their investigation into the collapse of the TerraUSD and Luna cryptocurrencies issued by Terraform Labs.
Cryptocurrencies

South Korean prosecutors seek arrest of Terraform co-founder Shin

Investigation widens into collapse of cryptocurrencies TerraUSD and Luna

30 November 2022
Animoca Brands co-founder Yat Siu describes the planned fund as "a good entry point" for Web3 businesses.  (Photo by Kentaro Iwamoto)
Interview

Blockchain group Animoca to form metaverse fund

Co-founder says up to $2bn vehicle focuses on mid- to late-stage startups

30 November 2022
The BOJ is ramping up efforts toward introducing a digital currency, putting together a trial run with Japan's biggest commercial banks.
Currencies

Top Japan banks and BOJ to begin trials of digital yen next year

Central bank to launch two-year pilot program to test transactions

24 November 2022
FTX Japan Chief Operations Officer Seth Melamed speaks with Nikkei on Nov. 22. (Photo by Yutaka Miyaguchi)
Interview

FTX Japan executive sees user funds safe from parent's bankruptcy

Returning customer assets is 'top priority,' Seth Melamed says

23 November 2022
FTX Trading and more than 100 affiliated companies have filed for Chapter 11 bankruptcy in the U.S.
Cryptocurrencies

FTX's Japan unit poised for sale as bankruptcy process begins

Japanese assets were put under protection when crypto group collapsed

21 November 2022
Stream article image
Technology

China blockchain company Red Date aims to win over global clients

HSBC and Emperor group adopt network for payments and NFT vouchers

19 November 2022
Investors have shied away from risky, volatile assets like cryptocurrencies this year as central banks back away from easy monetary policies to tame rising inflation.
Cryptocurrencies

FTX collapse spells more 'crypto winter' pain to come

Temasek to write down entire investment in failed crypto exchange

17 November 2022
Hong Kong-listed New Huo Technology said it is trying to regain access to some $18 million in digital assets after the collapse of U.S. cryptocurrency exchange FTX. 
Cryptocurrencies

Hong Kong crypto group unable to withdraw $18m in assets from FTX

New Huo Technology is latest company impacted by U.S. player's demise

14 November 2022