Bad week for ‘the ants’ as ripple effects of Korean crash spread out across Asia
It was a bad week for “the ants,” as South Korea’s army of retail traders are known colloquially. 1.2 million of them were clobbered with margin calls. That’s…
Crypto exchange Bybit launches in Indonesia after NOBI acquisition
The launch gives Bybit a locally operated platform in one of Asia’s largest crypto markets, home to more than 21 million crypto exchange users.…
One of the world’s weakest currencies makes this Asian capital the world’s cheapest major city — for now
After fifteen years of relative decline, the inexorably falling Japanese yen has made Tokyo one of the world’s cheapest major cities Source：MarketWatch
Thai scammer's $122M wallet, Japan embraces crypto credit: Asia Express
Bitcoin backed mortgages and stablecoin yield are hot topics in Japan right now, as Hyundai experiments with Avalanche for global stablecoin transfers. Asia…
Bitcoin slips below $63,000 in an Asian-session leverage flush
The liquidations were minor, running at about a sixth of what the market saw at its worst over the past 30 days, per CoinGlass. Source：CoinDesk
Regulators invited Binance to seek new licenses after MiCA setback, co-CEO says
Binance is exploring new licensing paths into Europe while continuing to expand its regulatory footprint in Asia, says coCEO Richard Teng. Source：Cointelegraph
Dubai tops Asian crypto hubs, India isolates banks from crypto: Asia Express
Japan's SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia…
Solana Company to back Kazakhstan’s $6B crypto megacity ambition
Nasdaqlisted Solana Company has signed a memorandum of understanding with Kazakhstan's Alatau City, which seeks to become a key crypto hub in Central Asia.…
Singapore's Hyperliquid warning, Indonesia's FinFluencer licence: Asia Express
Hyperliquid follows Bybit onto Singapore's "naughty" list, Indonesia's new scheme to certify social media influencers promoting crypto: Asia Express.…
J.P. Morgan broadens blockchain settlement network as banks modernize cross-border payments
The bank added five AsiaPacific currencies to its Kinexys blockchain platform, allowing institutional clients to settle payments and FX around the clock.…
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