Asia

SuperCharger Fintech Accelerator Raises $14.4 Million, Lands 47 Deals in Most Recent Hong Kong Cohort

SuperCharger FinTech Accelerator, along with their leading partner Standard Chartered, has shared their success of their program. Through the most recent 12-week session, the SuperCharger cohort companies have achieved 47 commercial deals and raised US$ 14.4 million while receiving 17 awards. This year’s program is… Read More

Huobi Group Continues Accelerated Global Roll Out. Now Accepting European & Australian Crypto Projects

Huobi Group, a fast growing digital asset solutions provider, is now accepting listing submissions from European and Australian blockchain companies on the Huobi Autonomous Digital Asset Exchange (HADAX). On HADAX, teams may self-submit an application online to list their project for community voting. Following an… Read More

Vietnam’s Finance Ministry Suggests Banning Imports of Cryptocurrency Mining Equipment

In a gesture that may show poor understanding of crypto generally, the Vietnamese Ministry of Finance has proposed a temporary ban on imports of crypto mining equipment to the country. According to the Hanoi Times, the Ministry gave two reasons for the proposal. First, “The act… Read More

Currencycloud Launches South Korea Remittance Service

Cross-border payment platform Currencycloud announced on Thursday it has launched remittance service in South Korea. This news comes nearly one year after forming a partnership with South Korean credit card company, Hyundai Card. According to the company, this news builds on its momentum in Asia-Pacific, with… Read More

Coinbase Launching Crypto Exchange Operation in Japan

The Vice President and General Manager of Coinbase, America’s largest cryptocurrency exchange, announced June 4th that the company is expanding physical operations to Japan. “Our new office will lay the foundation for Japan’s crypto investors to access a range of Coinbase’s products,” writes Dan Romero…. Read More

Huobi Backs Chain Project with $100 Million Development Fund

Huobi Group , a crypto exchange and digital asset solution platform, has launched the Huobi Chain Project (HCP) and the Huobi Chain Superhero Championship Program (HCSCP).  The  new initiatives have been backed with 20 million Huobi Tokens (HT), which is about $100 million dollars at the… Read More

Third Asia-Pacific Region Alternative Finance Industry Survey Sees Asian Development Bank Institute and Zhejiang University Partner with University of Cambridge

The Cambridge Centre for Alternative Finance (CCAF) at University of Cambridge Judge Business School, Asian Development Bank Institute and Academy of Internet Finance, Zhejiang University are collaborating on the Third Asia-Pacific Region Alternative Finance Industry Survey. The research will cover all forms of alternative finance… Read More

Chinese Search Giant Baidu Claims to Have “Super Chain” Blockchain

According to China News Weekly, Xiao Wei, Chief Blockchain Scientist at Baidu, China’s Internet search giant, announced this weekend at a conference that Baidu has developed a high-performance “super chain” blockchain and will soon be, “completing a blockchain transformation of its own business.” The news follows… Read More

Plug and Play China Forms New Partnership With Distributed Credit Chain

On Tuesday, Distributed Credit Chain (DCC) and Plug and Play China announced that DCC has joined the Plug and Play China’s “ecosystem” to drive the growth and development of the global fintech and blockchain industry. According to the duo, Plug and Play China has helped over… Read More

Cambridge Centre for Alternative Finance Launches Global Research to Provide the Most Comprehensive Research on Fintech Available Today

    The Cambridge Centre for Alternative Finance (CCAF), at the Judge School of Business at Cambridge University, has launched their annual research initiative pertaining to the global alternative finance industry. While in years past CCAF has staggered the research, this year they are commencing… Read More

Chinese Fintech PINTEC Secures $103 Million Investment; Forms Strategic Partnership With SINA

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Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Tuesday it has secured $103 million through a financing investment round, which was led by Mandra Capital and SINA Corp. with participation from STI Financial Group, Shunwei Capital Partners, and ZHONG Capital Holding Group. The company… Read More

SuperCharger Fintech Accelerator Demo Day 2018

Hong Kong / Kuala Lumpur based SuperCharger Fintech Accelerator has scheduled its demo day for June 8th. Sponsored by Standard Chartered Bank, the event is to celebrate the end of its Hong Kong 2018 Program, and to showcase the achievements of the 10 Fintech startups… Read More

China: WeiyangX Fintech Review

International Tuition Payment Platform Easy Transfer Receives Tens of Million Yuan in Series A Financing This week, Easy Transfer announced that it has won tens of millions yuan in Series A financing, which was led by Zhen Fund and followed by IDG Capital. It is… Read More

Global Expansion Continues: Huobi Crypto Exchange Establishes Foothold in Brazil

In a recent conversation with Brazilian nationals, including a bank manager and an accountant, I was told that Bitcoin is “not popular” in Brazil. That may be about to change. Brazilian site Portal do Bitcoin have reported that representatives from the third largest cryptocurrency exchange… Read More

The Monetary Authority of Singapore & Department of Economic Affairs in India Sign MOU on Fintech

The Monetary Authority of Singapore (MAS) and the Department of Economic Affairs in India have signed a Memorandum of Understanding (MOU) to further Fintech cooperation between the two countries. Singapore has an extended history in establishing bilateral relationships regarding its pursuit of Fintech growth.  The… Read More

First “Cryptocurrency ETF”: Huobi 10 Index Opens Subscription

Huobi Group announced the launch of the Huobi 10 Index last week. The index is designed to track ten different digital assets to thus provide a diversified product for investors. HB10 says it aims to improve the liquidity of digital assets and diversify the trading with… Read More

SoftBank Reveals Third Round SoftBank Innovation Program Winners

SoftBank Corp. announced on Thursday results for the third round of its SoftBank Innovation Program, which is a program that seeks a wide range of innovative solutions and technologies from around the world to consider for commercialization. SoftBank reported it will tie up with eight companies… Read More

Dianrong Announces Addition of Supply Chain Finance Solution to R3’s Corda Blockchain Platform

On Thursday, Chinese marketplace lending platform Dianrong announced its supply chain finance solution will be made available on Corda, R3’s blockchain platform for finance and business. According to the online lender, the new Corda app, CorDapp, will further expand Dianrong’s reach both in China and globally by leveraging… Read More

Baidu Baike, China’s Wikipedia, Now Tracking Revisions on a Blockchain

Coindesk is reporting that Baidu Baike, China’s Wikipedia-style site, is now tracking revisions made to articles on a blockchain. According to Coindesk reporter Wolfie Zhao, Baidu has not yet publicly announced blockchain developments at Baidu Baike, although they did confirm with Zhao over WeChat that… Read More

LATTICE80 Announces Foundation to Provide Free Blockchain Training Programs to Singapore Students

LATTICE80 has announced the creation of a non-profit foundation to offer free Blockchain education programs to local students in Singapore. Joe Seunghyun Cho, co-founder and Founding CEO of LATTICE80, said that out of many sectors they see huge opportunity for Singapore to play an important… Read More

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