Asia
Crypto Exchange Zipmex to Seek Creditor Support for Recovery Process: Source
The goal is to fully reactivate customer withdrawals once creditors have approved the plan in a vote.
Philippines’ Blockchain Future
Host Joel Flynn takes a deep dive into The Philippines' hope to become Asia’s blockchain hub. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Singapore Defends Stance on Binance After FTX Implosion
This week, Singapore's central bank, the Monetary Authority of Singapore (MAS), released a statement to "address misconceptions" after the collapse of crypto exchange FTX. CoinDesk Executive Director of Global Content Emily Parker discusses the latest in the state of crypto in Singapore and Asia as FTX's implosion continues to ripple across the industry worldwide.
FTX Japan Ordered by Regulator to Pause Operations Following Withdrawal Halt
Japan's Financial Services Agency has ordered the local unit of Sam Bankman-Fried's crypto exchange FTX to suspend operation amid its liquidity crisis. CoinDesk Executive Director of Global Content Emily Parker discusses the details and the implications for FTX in Asia. Why did FTX leave Hong Kong and what is the country's state of crypto regulation now?
FTT-Alameda Drama Weighs on Market as Asia Begins Its Week
FTT, SOL, and BNB all begin the week in the red as the market digests Alameda’s questionable financial position.
Singapore vs Hong Kong
Who will win in Asia’s crypto showdown? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Some, Not All, Crypto Token Screenings Will Be Scrapped, Japan’s JVCEA Official Says
The legally approved self-regulatory body wants to streamline screenings for tokens that are already listed on local exchanges while keeping existing standards for other assets including those only listed on foreign platforms.
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.
Uzbekistan Introduces Monthly Fees for Crypto Companies Effective Immediately
The new regulations also require crypto custody platforms, mining pools and individual miners to pay monthly fees to the government.
Bitcoin Slips to $20K as US Inflation Continues to Rise
Bitcoin (BTC) and ether (ETH) tumbled as U.S. August inflation data came in higher than expected. QCP Capital co-founder and CIO Darius Sit discusses a potential bitcoin bottom and his crypto markets outlook. Plus, the current state of institutional investors in Asia.
