Thailand bans “meme tokens” and NFTs
Thailand has recently imposed restrictions on cryptocurrency trading. The South-east Asian nation’s Securities and Exchange Commission (SEC) has implemented a ban on various types of…
Category: Asia
China censors crypto searches
Social media in China is blocking recent search results, and suspending the accounts of popular crypto-related content creators. If the situation continues, then this appears…
Digital Yuan ready for use as of 2022
The People’s Bank of China (PBoC), the Chinese central bank, plans to use their digital yuan during the 2022 Winter Olympics in Beijing. It could…
First Chinese company invests in Bitcoin and Ethereum
The Chinese technology company Meitu purchased millions of dollars of Bitcoin (BTC) and Ether (ETH) from its corporate reserves. Interestingly they allocated more money towards…
Korean payment giant Danal Fintech joins Blockchain ecosystem
Korean payment giant Danal Fintech joins Korea’s largest blockchain ecosystem and integrates its cryptocurrency into its payment app. The goal of th…
Japanese eSports company pays wages in cryptocurrency
Can you imagine receiving your wages in the form of Bitcoin or other cryptocurrencies? For many, this would be unimaginable, but a Japanese company fr…
Russian Ministry of Finance to Ban Crypto Transactions
The Russian Ministry of Finance has developed a new bill, tied up to an earlier try to ban cryptocurrencies. If the law passes, it will…
Hong Kong may soon have a fully licensed crypto-exchange
Asia’s leading digital asset platform received approval for an automated trading and market license for digital assets. This is a big step forward for crypto-adoption…
South Koreans now have Blockchain driving licences
One million South Koreans have given up their physical driver’s licenses in favor of a Blockchain-driven digital alternative. According to current usage statistics, Blockchain driving…
South Korea’s largest bank plans to introduce crypto-custody services
Since a change in the law in March 2020, digital assets are recognized as such in South Korea. KB Kookmin Bank has now entered into…