Asia Pacific


Markets

North Korea Set Up a Blockchain Firm to Launder Crypto to Cash: UN

North Korea set up a Hong Kong blockchain firm in a bid to to launder stolen cryptocurrency and avoid sanctions, the UN has reportedly said.

North Korea military parade

Markets

Only 1 Crypto Fund Has Passed Hong Kong's SFC Regulatory Hurdles in First Year

Only one financial fund has passed Hong Kong's framework for digital asset investments.

Hong Kong flag (Shutterstock)

Markets

Bitcoin Dissident Sees Dark Warnings in China's Blockchain Push

Grave concerns about the evolution of blockchain technology from someone who lived in China and used bitcoin for its censorship-resistant value.

china-facial-recognition

Markets

'Clicks and Bricks' Strategy to Drive Korean Users to Terra's Blockchain

Terra Blockchain's CHAI dapp is rolling out a back-to-basics "clicks and bricks" growth strategy to boost retail adoption in South Korea.

shutterstock_754762402

Markets

Chinese State-Owned Media Try to Dampen Market's Crypto Enthusiasm

Chinese state-backed media are warning investors to remain rational amid a spike in interest in crypto companies.

China stocks

Markets

China Announces New Regulatory Authority to Certify Digital Payments, Blockchain Products

China’s central bank will certify a list of fintech product types that are widely used for digital payment and blockchain services with its verification system.

digital payment

Markets

Tencent to Lead Drafting of International Blockchain-Based Invoice Standards

The internet giant, which has been working on blockchain-based invoices for some time, will lead the development of new standards.

Tencent

Markets

Ex-Official Trolls Libra, Says China Likely to Issue Digital Currency First

China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed.

China Libra

Markets

Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers

Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday.

China Shelf, from Chippendale Drawings

Markets

Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption

A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance.

china, yuan