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Asia
Asian DeFi Picks Up Steam; Hong Kong Scammers Use Crypto as Bait
The DeFi wave continues to rise in Asia: XRP dives deeper into DeFi with Wanchain integration while a top bank in Thailand ventures into the nascent ecosystem and more cases of online fraud are found in Hong Kong. The suspects are believed to have used false promises of crypto investments to lure their victims.

Asian Markets Lead Trends in Crypto, DeFi
The DeFi ecosystem is gaining popularity, particularly in Asian markets. Tim Frost, CEO of DeFi banking app YIELD, joins “First Mover” to discuss his company’s expansion into Asia and explain how investment from Asia helps make high returns the norm in the DeFi space.

What’s Happening in the Asian Crypto Markets?
Crypto database Messari recently published a report on the crypto markets in Asia. Hong Kong-based analyst Mira Christanto explains the current trends in crypto in Asia and the future of peer-to-peer trading in China.

Uber, Goldman Sachs Veteran Joins Ripple as Asia Managing Director
Ripple taps a finance and tech veteran to be managing director in Southeast Asia.

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.

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.

Charting Asia’s Dominant Fintech Frontier
Asia looks poised to continue its trajectory towards digital dominance, says the co-founder of Zilliqa.

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.

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.

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.
