Top 4 Crypto Events to Attend in Asia in 2023

Over the past decade, cryptocurrency has gained significant traction globally, and Asia has been no exception. As a result, the Asian market has emerged as a pivotal player in the digital asset landscape, with countries like China, South Korea, and Japan leading the charge.

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First Mover Asia: Bitcoin Remains Resilient Near $26.5K, Despite Ongoing Binance, Coinbase Fallout

ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is unlikely to continue later this year.

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America's pain is Asia's gain in the crypto-space

U.S. entities now hold 11% less Bitcoin than they did in mid-2022. China's comeback could alter the dynamics in the digital assets market considerably. The lawsuit against crypto behemoth BiThe post America's pain is Asia's gain in the crypto-space appeared first on AMBCrypto.

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Crypto's changing dynamics: America's pain is Asia's gain

U.S. entities now hold 11% less Bitcoin than they did in mid-2022. China's comeback could alter the dynamics in the digital assets market considerably. The lawsuit against crypto behemoth BiThe post Crypto's changing dynamics: America's pain is Asia's gain appeared first on AMBCrypto.

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Hong Kong-based First Digital launches new USD-backed stablecoin

First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said. All reserves will be held in segregated accounts at regulated financial institutions.

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First Digital unveils Hong Kong-based USD stablecoin

Hong Kong-based trust company First Digital is set to introduce a new stablecoin, "First Digital USD" (FDUSD), which will be pegged to the US dollar and regulated in Asia.

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Experts Tip China To Get Bullish on Crypto, Says New Digital Asset Framework In Hong Kong Is “Testnet” For China

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Rakkar Digital obtains TSCP License in Hong Kong, launches custodian services

Rakkar Digital is a Singapore-based company providing digital asset custodian services to institutional and enterprise clients across Southeast Asia and Hong Kong. Rakkar Digital has obtained TSCP License in Hong Kong.

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First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments

ALSO: Former CoinDesk head of research writes that despite government efforts in such large, emerging countries as Pakistan and Nigeria to curb crypto activity, citizens there seem to be turning to digital assets as a hedge.

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First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?

BTC Edges Up. ALSO: CoinDesk Chief Content Officer ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital asset innovation and leadership away from the U.S.?

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Innovation in Avatar and Digital Fashion Creation w/Suk Jae Chang of Cocone Europe – eakTV

Watch as Cocone Europe’s CEO, Suk Jae Chang, shares the fascinating journey of their digital fashion house, from its humble beginnings in Japan to an impressive 130 million users in Asia. Discover how their web2 platform has been revolutionizing the virtual fashion world, with users trading and owning digital assets for over a decade.

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First Mover Asia: Chilly DOGE, While Bitcoin Simmers Over $28.6K

ALSO: The head of markets for crypto research firm Delphi Digital said Binance's loss of market share has stemmed largely from its struggles with regulators. He also called bitcoin's current threshold at about $28K "a tough spot."

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First Mover Asia: Bitcoin Hovers Around $28,000

ALSO: A crypto investor, entrepreneur and market observer suggests that TradFi may be approaching a tipping point that benefits bitcoin, among other digital currencies, and could shift a large part of the crypto economy to Hong Kong.

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Russia will use Chinese yuan for transactions, avoiding sanctions

A shift in the digital currency environment may occur due to Russia's latest decision to utilize the Chinese yuan instead of the U.S. dollar in trade settlements with nations in Asia, Africa, and South America. 

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Next FOMC Will Set The Stage For Bitcoin And Crypto For Entire Year

The Bitcoin and crypto market could be headed for another sideways trend until March 22. QCP Capital, a leading digital asset trading firm in Asia based in Singapore, has released a new market analysis related to the current macroeconomic environment, calling the next Federal Open Market Committee (FOMC) meeting of the U.S. Federal Reserve (Fed) […]

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First Mover Asia: ConsenSys Chief Cryptoeconomist Sees Little Drama Ahead for Bitcoin

ALSO: In an appearance on CoinDesk TV, Tron founder Justin Sun discussed Huobi's potential unveiling of a new Hong Kong exchange, and said that the city's evolving approach to digital asset licensing could shift attitudes in mainland China.

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First Mover Asia: NFTs Have a ‘Digital First Sale’ Problem

ALSO: Short interest is rising on China tokens while bitcoin treads water just above $23,000.

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Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory requirements for digital asset trading platforms.

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Hong Kong’s Approach to Crypto Regulation Could Attract Capital, Talent to Asia: Bernstein

The Securities and Futures Commission is adopting a “regulate to protect” approach to digital assets, the report said.

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First Mover Asia: Bitcoin Opens the Week Testing $25K

Also: Hong Kong will unveil its new crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests.

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Digital asset provider Taurus raises $65M in Series B led by Credit Suisse

The company said the funds will be used to expand Taurus’ new offices in Europe, the UAE and later in the Americas and Southeast Asia.

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China’s 180M digital yuan airdrop, Devastation in Turkey, Laos’ CBDC: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. China airdrops 180 million digital yuan to celebrate Lunar New Year  According to state-owned media Global Times, Chinese cities airdropped a total of 180 million digital yuan (e-CNY) worth $26.

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First Mover Asia: Crypto Is Flat Before Fed Chair Speech; Japan's SBI Building a Metamask Competitor for Yen-Denominated NFT Trading

Crypto trading is largely denominated in USD, but the United States isn't the center of the digital assets world; bitcoin trades sideways as investors await the latest Jerome Powell comments.

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First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable, as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears

While the DAO has yet to formally see the proposal to allow withdrawals from stETH, Galaxy Digital has already been critical, and the Lido governance token has fallen about 15% from its high last week week.

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First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears

While the DAO has yet to formally see the proposal to allow withdrawals from stETH, Galaxy Digital has already been critical, and the Lido governance token has fallen about 15% from its high last week week.

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First Mover Asia: Amazon’s Web3 Foray Will Be a Compliance Nightmare; Bitcoin Tops $23.9K

The retail giant’s initiative, especially in NFTs, may force some regulatory clarity for digital assets. Cryptos surge in Sunday trading.

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First Mover Asia: Why Is Tron Founder Justin Sun Keeping Some of His Coins in Valkyrie Digital Assets?

ALSO: Bitcoin spent a low-key 14th birthday, trading almost precisely in the same narrow range it's held since mid December; other cryptos traded sideways, although SOL rose 22% to continue its nearly week-long surge.

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Santiment Paints Bullish Picture For XRP, But This May Not Be The Case

XRP price is having a shaky start to the year 2023 after a sharp drop on Monday during Asia hours. The digital asset eventually recovered but it remains shaky even now a new report from Santiment shows that there could be a bull case for the cryptocurrency.

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First Mover Asia: 3 Crypto Predictions for 2023 From Digital Asset Manager 3iQ's Research Head

Mark Connors sees a rebound in digital prices by the third quarter and companies increasing their involvement in developing regulation. ALSO: Bitcoin would just assume forget acquaintances auld and new to 2022.

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Busan city drops global crypto exchanges from its digital exchange plans

The government of South Korea aims to build Busan City as the blockchain center of Asia. Busan City was officially designated as a regulation-free blockchain zone in July 2019. Busan, SoutThe post Busan city drops global crypto exchanges from its digital exchange plans appeared first on AMBCrypto.

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First Mover Asia: Bitcoin Rises Toward $17K Despite Investor Unease

ALSO: Sam Reynolds writes that most of Grayscale's digital asset trusts are trading at a deep discount, and that other digital asset trusts that have significant assets are facing the same predicament.

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First Mover Asia: FTX's Sam Bankman-Fried Talks Consumer Protection and Crypto Titans Clash

Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.

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First Mover Asia: SBF Talks Consumer Protection and Crypto Titans Clash

Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.

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First Mover Asia: Macau’s Digital Currency Embrace Could Be a Nightmare for Its Casino Industry; Bitcoin Points Upward

The Special Administrative Region passed a bill that would create a legal framework for accepting digital currency, but would also allow China to monitor Chinese nationals visiting the territory; the largest cryptocurrency by market cap is trading above $19.5K.

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First Mover Asia: A Pan-Asian Digital Currency? Good Luck Getting Rivals to Cooperate; Cryptos Hold Steady in Weekend Trading

Chinese researchers say that such an initiative would increase monetary cooperation and reduce dependency on the U.S. dollar, but that probably isn’t what different countries want.

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Custodian Anchorage Adds to Asia Push With Batch of Institutional Crypto Partners

Anchorage will be offering digital asset custody services to Bitkub, Dream Trade, FBG Capital, GMO-Z.com Trust Company, IOSG Ventures and Antalpha.

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Singapore’s largest bank DBS to offer crypto services to 300,000 investors

Singapore’s largest bank DBS hinted at plans to open its cryptocurrency and digital asset services to 300,000 high-net-worth clients across Asia, the Financial Times reported. The post Singapore’s largest bank DBS to offer crypto services to 300,000 investors appeared first on CryptoSlate.

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Singapore’s Largest Bank To Expand Bitcoin, Crypto Services Amid Bear Market

DBS Group Holdings is looking to expand its digital asset exchange to 300,000 of its wealthiest clients across Asia and build out new products.

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First Mover Asia: Bitcoin Claws Back Above $20K; Singapore Bank Head’s Speech Reflects Growing Crypto Hostility

In his speech, Ravi Menon spoke in favor of digital asset innovation but not cryptocurrency speculation. But the Monetary Authority of Singapore’s approach may not be realistic.

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Bitcoin Is Now Accepted In This Popular Resort In The Maldives

Bitcoin is making its way into the payment processing hardware of this posh resort in the archipelagic state located in Southern Asia. As the global adoption of cryptocurrencies grows, more consumer brands and businesses, including the hotel and resort industry, are beginning to accept digital assets as payment.

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First Mover Asia: BTC Dips Below $23.5K; The Crypto Bear Market Will Test Thailand’s SEC

The country’s market regulator has said that stricter digital asset rules are coming to ensure that investors are protected; BTC trades slightly lower on Sunday.

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First Mover Asia: Bitcoin as Digital Gold and Inflation Hedge. Really? BTC Is Under Water, While the Metal You Can Hold Is Breathing Air; Cryptos Rebound Sunday

A Sunday rally had bitcoin perched back over $20K and ether above $1.1K, but the recent Terra and Celsius debacles have increased investor anxiety about the digital assets' ability to maintain those levels.

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First Mover Asia: Traders See Bitcoin Falling to 2017 Levels Amid Ongoing Inflation, Economic Concerns; Cryptos Struggle

The largest digital asset by market cap could dip below $20,000 in the near future and is unlikely to rebound until macroeconomic conditions improve.

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Tokocrypto Review – Fees, Deposit Methods, Supported Coins

We point to the internet in SouthEast Asia to take a look at Indonesia’s Tokocrypto exchange as part of the big blockchain technology world where you can trade a digital asset. It was founded back in 2017 and two years later achieved regulatory approval from the Indonesian commodities and futures regulators, the BPPBK.

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First Mover Asia: What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Below $23K

Some observers of digital asset markets criticized the move but others said that Celsius could be protecting user funds; cryptos plummet.

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Land ahoy! Unraveling how Asia can be the next big place for crypto adoption

Accenture recently carried out a survey studying digital asset portfolios of Asian investors. Accenture research suggests that cryptocurrencies will see a huge growth in the future among elite Asian iThe post Land ahoy! Unraveling how Asia can be the next big place for crypto adoption appeared first on AMBCrypto.

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Asian Funds Are Skeptical About Digital Assets Despite Growing Global Adoption

Cryptocurrencies are no longer a fringe asset class like it was ten years ago after making their debut. However, wealth managers in Asia still view them with a measure of skepticism. The post Asian Funds Are Skeptical About Digital Assets Despite Growing Global Adoption appeared first on BeInCrypto.

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Amber Group Partners With Chainlink For More Reliable Asset Transaction Pricing

A leading multinational firm working in digital assets services and framework, Amber Group, joined hands with Chainlink, a well-known name in the decentralized oracle network. The goal is to provide sound and safe asset transaction pricing facilities, particularly to the growing target market of institutional clients in Asia, Europe, and North America.  Amber Group will […]

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Япoнcкий бaнк Sumitomo Mitsui Trust coздaёт xpaнилищe цифpoвыx aктивoв

Пo cooбщeнию Nikkei Asia, япoнcкий бaнк Sumitomo Mitsui Trust coздacт нoвую кoмпaнию, кoтopaя будeт пpeдлaгaть уcлуги пo xpaнeнию цифpoвыx aктивoв инcтитуциoнaльным инвecтopaм. Koмпaния пoд нaзвaниeм Japan Digital Asset Trust нaцeлeнa нa инcтитуциoнaльныx инвecтopoв, oбecпoкoeнныx pиcкoм кpaжи кpиптoвaлюты.

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