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Link to original content: https://asia.nikkei.com/Spotlight/Cryptocurrencies
Cryptocurrencies: News & Insights - Nikkei Asia
Kasikornbank is working with a Japanese company to develop a stablecoin remittance service.(Photo by Yuki Kohara)
Cryptocurrencies

Thai banks join stablecoin rush with eye on migrant worker remittances

Kasikornbank, SCBX offer fast, cost-cutting payment services

11 December 2024
An illustration featuring U.S. President-elect Donald Trump holding Bitcoin is displayed outside a cryptocurrency exchange store in Hong Kong after Bitcoin soared above $100,000 on Dec. 5.
Cryptocurrencies

Bitcoin cracks $100,000 as Asia's crypto bulls rejoice

Milestone marks dramatic reversal in fortunes since digital assets' COVID crash

5 December 2024
Jesse Pollak, head of Base and Coinbase Wallet, met with developers who build products on Base’s blockchain in Singapore, Thailand, Malaysia and the Philippines in November. (Base)
Cryptocurrencies

Coinbase arm seeks Southeast Asia foothold with baht, peso stablecoins

Crypto giant wants to build up developer teams in Thailand, Philippines

4 December 2024
Banks and other financial institutions advertising money changing services between the stablecoin Tether, or USDT (left), and other formats, including fiat currency can be found easily in Phnom Penh (right). Offering such services violates a 2017 ban imposed by the National Bank of Cambodia. (Photo by AFP/Jiji and Danielle Keeton-Olsen)  
Cryptocurrencies

Cambodia blocks access to 16 crypto exchange websites

Apps still active, highlighting challenges in managing booming market

3 December 2024
DMM Bitcoin has struggled since the fraud incident in May. (Photo by Takanobu Aimatsu)
Cryptocurrencies

Japan crypto exchange DMM Bitcoin set for liquidation

SBI Group to acquire the assets after $320m fraud curtailed DMM's services

2 December 2024
Crypto investor Justin Sun eats a banana that had been duct-taped to a wall at a news conference in Hong Kong on Nov. 29, days after paying $6.2 million for the conceptual artwork. (Photo by Echo Wong)
Cryptocurrencies

Trump crypto project backer Justin Sun lauds 'friendly' U.S. market

Controversial investor says World Liberty Financial can be industry 'beacon'

29 November 2024
Hong Kong's Financial Services and the Treasury Bureau has proposed exempting virtual assets, overseas property, carbon credits and other investments from capital gains taxes.
Cryptocurrencies

Hong Kong to exempt hedge funds, family offices from crypto tax

Move part of city's drive to become wealth management hub

28 November 2024
U.S. President-elect Donald Trump attends a cryptocurrency event in July as part of his election campaign.
Cryptocurrencies

Trump-spurred bitcoin nears $100,000, marking a crypto shift for Asia

Experts still warn more regulations are needed to protect investors and institutions

22 November 2024
Blockchain technology is best known for its application in cryptocurrency, but proponents say it has many more uses in digital transactions and record-keeping.
Cryptocurrencies

IOG aims to launch 'blockchain with privacy' in 2025

CEO Charles Hoskinson sees adoption potential in crypto-friendly Japan

15 November 2024
Japan's Financial Services Agency is strengthening regulations over cryptocurrency exchanges.
Finance

Japan eyes customer safeguards against fall of foreign crypto exchanges

Regulator seeks retention order as option to keep assets in country

7 November 2024
Vitalik Buterin, co-founder of the Ethereum blockchain, hopes cryptocurrency's teething troubles will push it forward. (Nikkei montage/Source photos by Dylan Loh and Reuters)
Cryptocurrencies

Ethereum's Buterin sees bright crypto future after 'baptisms of fire'

Blockchain co-founder calls for stronger tech safeguards in aftermath of crashes

21 October 2024
Siam Commercial Bank has become the first Thai lender to embrace the commercialization of stablecoins. (Photo by Yumi Kotani)
Cryptocurrencies

Siam Commercial Bank launches stablecoin-based cross-border payments

Blockchain-based technology wins confidence of Thailand's oldest bank

16 October 2024
Eddie Yue, chief executive of the Hong Kong Monetary Authority, speaks during the Aug. 28 launch of Project Ensemble Sandbox. (HKMA)
Finance

Hong Kong goes all-in on digital tokens to modernize finance

Move toward blockchain assets reflects China's de-dollarization ambitions

14 October 2024
India imposes a 30% capital gains tax on digital assets, more than 2.5 times the levy on equities. (Source photos by Reuters and Gety Images)
Cryptocurrencies

Cryptocurrencies flying high in India despite tough regulations

Philippines, Vietnam and Indonesia also post strong takeup of digital money

10 October 2024
Chinese authorities have left little room for the cryptocurrency industry, but data shows growing demand for such assets in the country. 
Cryptocurrencies

China crypto trading thrives in 'OTC' market despite restrictions

Report shows investors hungry for alternative assets as stock market slumps

18 September 2024
Ownership of crypto in Singapore dropped to 26% in 2024 from 30% in 2022, according to a recent survey. (Nikkei montage/Source photos by Akira Kodaka)
Cryptocurrencies

Singapore's crypto ownership falls amid selloffs, regulatory chill: poll

Nearly half of nonowners and past owners cite regulatory concerns as a barrier

10 September 2024
All six ETFs, which made their market debuts in Hong Kong at the end of April, have posted negative returns as of the end of August. (Source photos by AP and Getty Images)
Market Spotlight

From Hong Kong to Singapore, crypto ETFs face chill

Market turbulence ahead of U.S. election weighs on digital asset funds

9 September 2024
Virtual assets and finance are not the only areas where blockchain applications require regulation.
Opinion

Blockchain needs tailored rules for applications beyond finance

Global companies are shifting the focus from cryptocurrency to other diverse uses

9 August 2024
Republican presidential nominee and former U.S. President Donald Trump speaks at the Bitcoin 2024 event in Nashville, Tennessee, on July 27. 
U.S. elections 2024

Who in Silicon Valley is supporting Trump -- and why?

Backers concentrated in cryptocurrency community and defense tech sector

1 August 2024
SBI, one of Japan's biggest financial services group, will partner with Franklin Templeton, the world's seventh-largest asset manager. (Source photos by Nikkei)
Cryptocurrencies

Franklin Templeton and SBI team up to bring bitcoin ETFs to Japan

New joint venture will prepare for Japanese approval of cryptocurrency funds

26 July 2024
“Increased” numbers of suspicious transaction reports have been filed in Singapore involving digital tokens, according to a report from the Monetary Authority of Singapore.
Cryptocurrencies

Singapore flags crypto for 'higher risk' in money laundering

Enforcement agencies put financial sector on digital currency crimes alert

20 June 2024
The U.S. securities regulator approved the first bitcoin ETFs in January. Among them, an ETF managed by BlackRock has amassed bitcoins worth a total of $16.5 billion.
Cryptocurrencies

Japan's path to bitcoin-linked ETF trading pocked with obstacles

Tax policies, financial laws and regulators all stand in the way

30 May 2024
Hong Kong is the first place outside mainland China to use digital yuan services. (Photo by Kenji Kawase) 
Currencies

Hong Kong opens digital yuan wallets in a first for non-mainlanders

City's government supports People's Bank of China's effort to spread e-CNY

17 May 2024
Hong Kong is positioning itself as a hub for cryptocurrency trading, although regulators have stressed they "are not meant for every investor."
Cryptocurrencies

Hong Kong's first crypto ETFs go public in milestone for hub ambitions

Products to challenge U.S. counterparts as focus shifts to Chinese investor access

30 April 2024
Topp Jirayut Srupsrisopa said a listing of Bitkub Capital Group’s cryptocurrency exchange would create a proxy stock for Thailand’s digital services economy, in an April 19 interview with Nikkei. (Nikkei montage/Photo by Kenya Akama and Getty Images)
IPO

Thailand's Bitkub aims for ASEAN expansion with 2025 listing

Crypto exchange founder Topp hopes to create regional digital champion though IPO

26 April 2024
An advertisement for bitcoin and cryptocurrencies in Hong Kong. The city is on a mission to make itself a hub for trading the digital assets.
Cryptocurrencies

Hong Kong crypto hub takes shape with approvals, hiring

Binance-backed platform's former CEO has joined securities commission, sources say

25 April 2024
The reward for mining a new bitcoin is set to be cut in half in several days.
Cryptocurrencies

Bitcoin 'halving' approaches, raising uncertainty

Money flows into cryptocurrency's ETFs, but some bearish on risk assets

18 April 2024
A woman stands at the counter of a Crypto HK office in Hong Kong in January. The city looks set to welcome bitcoin exchange-traded funds.
Cryptocurrencies

Chinese fund managers apply to launch Hong Kong's first bitcoin ETFs

City aims to boost appeal by expanding access to crypto assets

11 April 2024
The Singapore financial regulator’s announcement on Tuesday on tightened rules for crytocurrency providers came as the city-state continues to investigate the biggest money laundering case in its history.
Cryptocurrencies

Singapore tightens anti-money laundering rules for crypto players

Financial regulator MAS demands digital payment token services get licensed

2 April 2024