Asia


Policy

Chinese Government Advisers Propose Regional Stablecoin for 4 Asian Countries

The stablecoin would help facilitate trade among four Asian countries, which is key to economic recovery in the region after coronavirus, proponents said.

Chinese legislators heard a proposal for a pan-Asian digital currency Thursday during the Two Sessions, the largest political gathering of the year. (Credit: Shutterstock)

Markets

Crypto Exchange OSL to Establish 'Digital Asset Powerhouse' in Asia, US Regions

The partnership between OSL and Monsoon is seeking to cement a leadership position in the Asia and U.S. regions.

(Shutterstock)

Finance

CoolBitX Raises $16.7M to Make Crypto More Bank-Friendly

In 2020, the startup’s focus is on new products and features that comply with new rules from the Financial Action Task Force.

CoolBitX staffers. (Courtesy photo)

Finance

New Settlement Layer to Offer Asian Crypto Institutions Local Alternative to Silvergate Bank

The new settlement layer is intended save Asian institutional traders from taking the "scenic route" via U.S. banking regulations.

Hong Kong ships

Finance

Crypto Custody Provider Ledger Extends Reach in Asia With New Institutional Client

Ledger is partnering with dapp provider FLETA, offering legally compliant custody solutions as part of its push to expand in Asia.

Image via CoinDesk Archive

Tech

Interpol Leads Operation to Tackle Cryptojacker Infecting Over 20,000 Routers

The international crime fighting agency led an operation to stem a plague of cryptocurrency mining malware afflicting computer routers across Asia.

Interpol lanza su propio metaverso policial. (Shutterstock)

Markets

Multicoin Capital Hires Principal in Asia as Crypto VCs Look East

Mable Jiang, formerly of Nirvana Capital, will spearhead the venture firm's hunt for new deals in Asia.

Multicoin Capital principal Mable Jiang. (Credit: BlockBeats/Odaily)

Finance

Security Token Platform iSTOX Lands Another Big Asian Backer

Japanese financial services group Tokai Tokyo is the latest large Asian financial institution to back tokenized securities platform iSTOX.

Shutterstock

Markets

The State of Security Token Regulations in Asia

Some Asian countries have gone a long way toward shoring up their rules and regulations around cryptocurrencies and security tokens.

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Tech

Beyond USD: The Next Frontier for Stablecoins

The next generation of stablecoins will eschew the U.S. dollar as their basis, writes Bitspark's George Harrap.

Abacus