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Asia
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.
Hong Kong's HashKey Receives Approval to Manage 100% Crypto Portfolio
The crypto funds can manage a portfolio of 100% virtual assets, joining the first batch of Hong Kong’s few licensed virtual asset managers.
Fed’s Crypto Bank Guidelines; Coinhako Planning Expansion
The Federal Reserve issues guidelines for crypto banks to tap the central banking system. Coinhako is planning an expansion in Asia Pacific region. Huobi to end crypto derivatives trading in New Zealand. Tencent’s Huanhe NFT marketplace halts sales and will offer refunds.
Blockchain in Asia: Digital Dragons and Digital Dollars
At this point, you’ve probably heard of blockchain. Maybe you don’t understand the technology but it’s facilitating the building of digital cities, and soon it could be a part of your day-to-day life. Forkast.News with support from the Judith Neilson Institute’s Asian Stories project explores how blockchain could change the way consumers consume, in everything from online shopping to food safety.
Tether Denies Asian Commercial Paper Backing Claims, Exposure to Three Arrows Capital
Tether, the firm behind the crypto market’s largest stablecoin USDT, is denying claims that its commercial paper portfolio is 85% backed by Chinese or Asian commercial paper. “The Hash” discusses the latest developments, along with a vague tweet from the founder of Three Arrows Capital.
Macro Factors Driving Bitcoin Above $31K
Bitcoin (BTC) is back above $31,000 on Monday after a record nine-week losing streak. BitFlyer Global Head of Sales & Trading Takaaki Kato discusses the macro factors that may be impacting BTC’s price, plus the state of crypto in Japan and Asia at large.