Asia


Markets

Olympic Medalist Apolo Ohno Has a Problem with Crypto

Olympian Apolo Ohno may have just launched a cryptocurrency exchange, but he isn't pulling punches when talking about his industry vision.

apolo

Markets

Bitcoin Won't Cause Lehman-Style Meltdown, Says MAS Fintech Chief

The fintech chief at the Monetary Authority of Singapore believes bitcoin won't cause a financial meltdown like the 2008 Lehman Brothers bankruptcy.

The former headquarters of Lehman Brothers. Source: Wikipedia

Markets

Korea's Central Bank Forms Task Force to Study Cryptocurrency Impact

The Bank of Korea, South Korea's central bank, has launched a cryptocurrency task force to explore the technology's effects on the financial system.

Bank of Korea

Markets

Japan: The New Heart of Bitcoin

The head of one of Japan's largest bitcoin exchanges looks back at 2017, a year he believes the country became a true market leader for the industry.

flower, garden

Markets

IBM's Stellar Move: Tech Giant Uses Cryptocurrency in Cross-Border Payments

IBM has been settling real cross-border payments in the South Pacific on a blockchain using Stellar's Lumen cryptocurrency.

Fiji Dollar

Markets

Malaysia's Central Bank Is Considering a Cryptocurrency Ban

The governor of Malaysia's central bank reportedly revealed plans for a possible cryptocurrency ban when discussing upcoming regulation yesterday.

bank

Markets

Bitcoin Businesses Face Bank Account Closures in Singapore

Banks in Singapore have closed the accounts of a number of cryptocurrency firms without expanation, according to a news report.

signapore

Markets

Fintech Firm to Launch Cryptocurrency Exchange in South Korea

South Korea is getting a new cryptocurrency exchange – one backed by an already established fintech firm called Dunamu.

Seoul, S Korea

Markets

'Big Four' Chinese Bank to Launch Blockchain Bancassurance Product

One of China's "Big Four" banks is close to launching a blockchain application for the insurance and banking sectors.

China Construction Bank

Markets

MUFG on Dimon Remarks: Bank Cryptocurrencies Have 'Nothing to Do With Bitcoin'

The CEO of Japanese finance group MUFG said today that big bank-issued digital currencies aren't quite the same as bitcoin.

mufg