Asia

March 14, 2019 @ 10:00 am By Erin Hobey  |  

According to the Securities Commission Malaysia in conjunction with the release of its 2018 Annual Report, the Malaysian capital market continued to play a key role in financing the economy against a backdrop of challenging global market conditions. “Though occasionally tempered by uncertainties stemming from rising… Read More

March 14, 2019 @ 5:56 am By Erin Hobey  |  

Taiwan-based blockchain security company CoolBitX, creator of the Bluetooth mobile hardware wallet for digital assets, the CoolWallet S, has created a tech partnership with the Asia Blockchain and Crypto Association (ABACA), the appointed Self-Regulatory Organization (SRO) of the Philippine government agency Cagayan Economic Zone Authority… Read More

March 13, 2019 @ 2:21 pm By Samantha Hurst  |  

Following its Series C funding round, which secured $1.3 million, Chinese peer-to-peer lending platform Lufax Holding has reportedly increased its total estimated valuation to $39.4 billion. Launched in 2012, Lufax provides professional investment and financial services for SMEs and individual customers. The platform is also… Read More

March 13, 2019 @ 8:55 am By JD Alois  |  

Deutsche Börse, Swisscom and Sygnum are partnering on the creation of a “trusted digital asset ecosystem” to build a platform to provide digital asset issuance, liquidity and banking services. The partnership is indicative of the growing acceptance by mainstream finance regarding the potential of distributed… Read More

March 13, 2019 @ 5:36 am By Cali Haan  |  

A lawyer for a company that raised $3.5 million in three ICO (initial coin offerings) fundraises for a crypto product called “AlibabaCoin” has told the Reuters news agency that his clients have agreed to stop using the Alibaba name. The case borough against the firm… Read More

March 12, 2019 @ 9:53 pm By Cali Haan  |  

EY’s Global Innovation Leader says the deployment of distributed ledger tech will be important but relatively slow and unremarkable, Forbes India reports. As well, Paul R Brody says he does not see much practical use for public cryptocurrencies (“Bitcoin or nearly any other cryptocurrency”) in… Read More

March 12, 2019 @ 6:30 am By Erin Hobey  |  

In February the NEM.io Foundation decided to opt for transparency and to “reboot” its operating structure after checking the books and seeing “little to no accountability for funds.” Under the guidance of newly elected president Alex Tinsman, this week the Foundation has made good on its… Read More

March 11, 2019 @ 8:26 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Monday it has acquired Australian credit risk solution provider, InfraRisk. PINTEC reported the acquisition represents a new milestone in its international expansion. “With InfraRisk as a wholly-owned unit, PINTEC will further enhance its capability to serve financial… Read More

March 9, 2019 @ 9:52 am By Cali Haan  |  

The South Korean Supreme Prosecutors’ Office has created a task force dedicated to responding to a reported 800% increase in cryptocurrency crime complaints, South Korean news agency Naver reports. The task force, which will reportedly be, “packed…with professional investigators, prosecutors, and investigators as team heads,” was… Read More

March 9, 2019 @ 6:52 am By Samantha Hurst  |  

Crypto.com, a Hong Kong-based payments and cryptocurrency platform, announced on Friday its Crypto.com Chain Token (CRO) has been listed on Bittrex International, an international exchange by a premier U.S.-based blockchain trading platform Bittrex. According to Crypto.com, the Crypto.com Chain is a “high-performing” native blockchain powering… Read More

March 8, 2019 @ 7:49 pm By Cali Haan  |  

Expert panelists have informed the UN Security Council’s North Korea Sanctions Committee that the tiny country has been hacking global cryptocurrency trading platforms to obtain capital, Nikkei Asian Review reports. This is the first time the panel has addressed the UN Security Council regarding cyberattacks… Read More

March 8, 2019 @ 8:32 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Friday it has formed a partnership with online education platform Xueba100 for installment financing. According to PINTEC, Xueba100 is the one-on-one tutoring brand of Xuebajun that specializes in intelligent online education. The fintech reported that with its… Read More

March 7, 2019 @ 9:10 pm By Samantha Hurst  |  

OurCrowd, the leading global equity crowdfunding platform, announced on Thursday it has signed an innovation pact with Singapore-based Changi Airport Group (CAG) to source and integrate next-generation technology into one of the world’s most cutting-edge airports. According to OurCrowd, the agreement will span areas such… Read More

March 6, 2019 @ 7:52 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it is now enabling fully digital Chinese payments on Tallink Grupp ships. According to Wirecard, Tallink Grupp is a passenger and cargo transportation service provider in the Northern region of the Baltic Sea… Read More

March 5, 2019 @ 8:17 am By Samantha Hurst  |  

Securitize, a platform that facilitates security token offerings, announced last week it has opened new offices in NYC and London, as well as expanded its services into Asia. As previously reported, Securitize describes itself as a compliance platform and protocol for issuing and managing digital… Read More

March 4, 2019 @ 11:12 am By Samantha Hurst  |  

Denmark-based Saxo Bank announced on Monday it is launching full digital access to Chinese bonds to further expand its China services. According to Saxo, qualified institutional clients are now able to trade mainland China bonds. It was revealed: “The connectivity is enabled via the Hong Kong… Read More

March 4, 2019 @ 12:32 am By JD Alois  |  

Blockchain-based payment platform Terra has received an investment from VC Kakao Ventures – an independent subsidiary of South Korea’s internet firm, Kakao. The amount of the investment was not disclosed but was said to fund the expansion and mainstream usage of Terra’s blockchain payment solution… Read More

March 3, 2019 @ 3:55 pm By Xu Gao  |  

PBC Holds 2019 National Currency, Gold and Silver Work Conference On February 21, 2019, the 2019 National Currency, Gold and Silver Work Conference of the People’s Bank of China (PBC) was held in Xiamen, Fujian. The conference comprehensively summarized the achievements of the currency, gold… Read More

March 1, 2019 @ 2:52 pm By Cali Haan  |  

Wong Ching-kit, 25, known on social media as ‘Coin Young Master,’ and a 20-year-old accomplice, have been arrested in Hong Kong by officers from the Commercial Crime Bureau, South China News reports. They have reportedly been charged with conspiracy to defraud for selling cryptocurrency ‘mining… Read More

March 1, 2019 @ 8:52 am By JD Alois  |  

CoAssets (ASX: CA8), a Singapore based Fintech and investment platform that is listed on the Australian Stock Exchange, has reported 6-month results for their 2019 fiscal year (July 2018 to December 2019). Co-Assets states that top line revenue rose 536% to S$5,938,415 versus S$933,238 in… Read More