Asia

February 5, 2018 @ 10:21 am By JD Alois  |  

Waves has announced a new partnership that will expand its presence into the hot Southeast Asian initial coin offering (ICO) market. Waves has announced an agreement to collaborate with Indonesian platform Tokenomy to push into major new global opportunities. Waves says that as part of… Read More

February 3, 2018 @ 2:36 am By Xu Gao  |  

Tencent Credit Launches Public Beta Testing in China On January 30th, Tencent officially launched a public beta testing for its credit service-Tencent Credit. Users may get access to the service by searching “Tencent Credit” within WeChat, complete real-name authentication, bind his/her mobile phone number to… Read More

February 2, 2018 @ 12:38 pm By JD Alois  |  

The KROPS Initial Coin Offering has received a Cease & Desist (C&D) from the Philippines Securities and Exchange Commission. The C&D, embedded below, demands the immediate halt to the sale of KROPS Tokens or KropCoins. The SEC states the company has not filed the necessary… Read More

February 2, 2018 @ 12:00 pm By Samantha Hurst  |  

On Friday, UK Prime Minister Theresa May announced the launch of R5-SHCH Connect, which is described as a new service that links banks in China with London’s foreign exchange (FX) market. The government official announced the launch while in Shanghai as part of her first… Read More

February 1, 2018 @ 4:00 pm By Samantha Hurst  |  

Plug and Play Japan announced on Thursday that Mobility is a new genre for its startup accelerator program in addition to Fintech, IoT, Insurtech for the Batch 1 program. This new Mobility program is being launched in partnership with Nissan Motor as a leading partner…. Read More

February 1, 2018 @ 8:47 am By Samantha Hurst  |  

On Thursday, fintech and payments events organizer Money 20/20 announced the keynote speaker line-up for its Money 20/20 Asia event, which will take place in Singapore this upcoming March. According to Money 20/20, the event will recognize the defining influence of the pan-Asian payments, fintech… Read More

February 1, 2018 @ 8:36 am By Erin Hobey  |  

Hong Kong’s Financial Services and the Treasury Bureau (FSTB) and the Investor Education Centre (IEC), a subsidiary of the Securities and Futures Commission (SFC), jointly launched a public education campaign today on the risks associated with ICOs and cryptocurrencies. The campaign aims to provide the… Read More

February 1, 2018 @ 1:25 am By JD Alois  |  

The IOTA Foundation has announced a partnership with Taipei City designed to help the Asian capital meet its smart city needs. “We are so excited about teaming up with Taipei City,” said David Sønstebø, Co-Founder of the IOTA Foundation. “It proves that our next-generation technology is… Read More

February 1, 2018 @ 1:06 am By JD Alois  |  

Crowd Genie Financial Services Pte Ltd, regulated by the Monetary Authority of Singapore (MAS), has announced an initial coin offering (ICO) via their related entity CGSPV Pte. Ltd. The peer to peer lender states that it intends on issuing 60 million Crowd Genie Coins, or… Read More

January 31, 2018 @ 3:46 pm By Samantha Hurst  |  

Checkbox, an Australia-based fintech platform, was named Best in Show following a live pitch competition at this year’s Next Money Fintech Finals. The competition was part of the 2018 StartmeupHK Festival in Hong Kong. According to the competition’s organizers, a total of 22 startups from around… Read More

January 29, 2018 @ 11:11 am By JD Alois  |  

The SelfKey token Airdop has pushed pause as some users have expressed concern over the private key usage in the SelfKey wallet. SelfKey announced they were pausing the Airdrop in order to address this community concern. SelfKey is a Blockchain based digital identity system that allows… Read More

January 29, 2018 @ 10:15 am By Samantha Hurst  |  

Hexindai (NASDAQ:HX), a China based peer to peer lender, announced on Monday the launch of its new nationwide Investor Education Seminar to introduce current and prospective investors to its business and educate them on its risk management systems, development strategy and insurance policies among other… Read More

January 28, 2018 @ 10:51 pm By JD Alois  |  

The National Internet Finance Association of China has issued another cautionary note on trading in cryptocurrencies. This one is related to individuals who attempt to skirt the ban by trading on overseas platforms or by utilizing other surreptitious methods. Before the ban, Chinese trading in… Read More

January 28, 2018 @ 8:49 am By JD Alois  |  

Following the enormous theft of 523,000,000 XEM (NEM), Japan based cryptocurrency exchange Coincheck has announced it will reimburse all impacted investors. At current exchange rates, this means Coincheck will need to pay out over USD $523 million to the estimated 260,000 impacted users. At the time… Read More

January 27, 2018 @ 3:22 pm By Xu Gao  |  

P2P lending platform Dianrong Secures $70 million D-round funding On January 24th, online lending platform Dianrong.com announced 70 million US dollars D-round funding. This round of investment was led by ORIX’s wholly-owned-subsidiary ORIX Asia Capital Co., Ltd.. CITIC Securities CITIC Securities subsidiary CITIC Lyon also… Read More

January 27, 2018 @ 7:39 am By JD Alois  |  

Numerous reports are indicating leading cryptocurrency exchange Coincheck has experienced a serious security breach. Estimates indicate that over $530 million in digital currency may have been stolen or about 58 billion yen of the virtual currency. Coincheck, based in Tokyo, has reported the “illegal outflow… Read More

January 26, 2018 @ 1:18 pm By JD Alois  |  

BnkToTheFuture, an online investment platform based in Hong Kong, has announced a partnership with Polymath to improve liquidity for investors. Polymath is a launch pad for issuers to easily list security tokens by connecting them with developers, legal delegates, and KYC/AML verifiers. The new partnership is… Read More

January 25, 2018 @ 9:02 am By Samantha Hurst  |  

Singapore-based fintech platform tryb Group announced on Thursday it secured a $30 million investment by Makara Innovation Fund, a $717 million private equity fund that invests in IP-driven small- to mid- companies with the aim of scaling, internationalizing and creating enterprise value. Founded in 2016, tryb describes… Read More

January 25, 2018 @ 12:36 am By JD Alois  |  

SelfKey, a blockchain-based digital identity firm, has obtained a Mauritius’ Regulatory Sandbox License (RSL), according to information provided by the company. This license will allow SelfKey to develop their self-sovereign digital identity wallet and financial services marketplace under supervision and scrutiny of the Board of… Read More

January 24, 2018 @ 12:22 pm By JD Alois  |  

Bitcoin Receives Average C+ Grade (Fair). Ethereum Does Better with B Rating (Good). Weiss Ratings has released their first-ever grades on cryptocurrencies by a financial rating agency, The ratings took place despite a reported massive Korean cyberattack on its website. (While not clarified, we assume… Read More