Asia


Markets

Bitcoin Tends to Weaken During Asian Trading, Especially After Bank of Japan Policy Shift

Asian sellers meet North American buyers, as BoJ policy move reminds traders of timing patterns.

bank of japan

Markets

Bitcoin Sells Off on Bearish Sentiment, Yellen Worries

The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink.

CoinDesk's BPI.

Markets

Charting Asia’s Dominant Fintech Frontier

Asia looks poised to continue its trajectory towards digital dominance, says the co-founder of Zilliqa.

amrit kumar

Markets

Bitcoin May Have Hit Wall of Profit Takers Around $19,500: Analyst

Huobi Global saw an influx of larger-than-average bitcoin deposits soon before the price drop, an analyst said.

Bitcoin prices over the last 12 hours

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Finance

Fidelity Digital Assets Expands Crypto Custody Service to Asia

The cryptocurrency-focused arm of financial services giant Fidelity Investments is expanding its custody service through Singapore-based Stack Funds.

CoinDesk placeholder image

Markets

Cambodia Central Bank Launches Bakong Blockchain Payments System

Cambodia sees Bakong as a critical step in modernizing its payment system and de-dollarizing its economy.

Project Bakong is named after Cambodia's eponymous sandstone temple.

Markets

Blockchain Can Give $1.7T Boost to Global Economy by 2030: PwC Report

A new PwC report claims blockchain technology can add $1.7 trillion to the global economy by 2030, with the Asian continent standing to benefit the most.

pwc

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)

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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)