Tag: crypto

Retail Asia21/03/2024
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2min0
Vietnam ranked third globally in cryptocurrency gains last year with US$1.18 billion in profits, according to a report from U.S. crypto data provider Chainalysis. It was behind the U.S. ($9.36 billion) and the U.K. ($1.39 billion). China and Indonesia were in fourth and fifth places with $1.15 billion and $1.06 billion. Vietnam’s crypto gains were […]

Retail Asia12/01/2024
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4min0
The world’s oldest cryptocurrency is moving from the periphery of the financial system to the center of Wall Street after Bitcoin spot ETFs were approved for the U.S. mass market. The door to a new era of digital assets is now open. The granting of approval to 11 Bitcoin spot ETFs by the U.S. Securities […]

Retail Asia12/01/2024
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2min0
The Securities and Exchange Commission has delivered a landmark approval of spot Bitcoin exchange-traded funds. This is a highly anticipated event that is expected to further crypto’s entry into mainstream finance. The US Securities and Exchange Commission (SEC) has approved 11 applications for spot Bitcoin exchange-traded funds (ETF), including those from BlackRock, Ark Investments, Fidelity, Invesco and more. Since 2004, this […]

Retail Asia21/08/2023
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10min0
Many cryptocurrency mining applications similar to Pi Network are being introduced again on Facebook and Telegram accounts in Vietnam. “Starting a business with 0 dong from Peace Network. Having an opportunity like Pi Network, why not try it?,” an account named Ngoc Van posted on a Facebook group about blockchain with more than 100,000 members, […]

Retail Asia12/05/2023
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7min0
Vietnam rightfully occupies one of the leading positions among the ASEAN countries in the market for cryptocurrencies and various blockchain technologies, which are currently the focus of most modern companies. This country is overtaken only by Thailand, which, by the strength of the transaction, exceeds $100 million in annual turnover for the purchase and sale […]

Retail Asia22/04/2023
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2min0
Switzerland was early to adopt a regulatory framework for digital assets. Now Europe has approved an EU-wide crypto rulebook. The European Parliament is adopting the Markets in Cryptoassets (MiCA) regulation, scheduled to come into force from mid 2024 onwards, it said in a statement Thursday. The regulation aims to increase customer protection for crypto-assets that are not regulated […]

Retail Asia17/02/2023
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2min0
N26 also active in Switzerland, was looking for an acquisition that would allow its customers to trade stocks and index funds. That has reportedly fallen through. Decision makers at smartphone bank N26 are looking for ways to cover the traditional stock and ETF business. The goal, announced by co-founder and co-CEO Valentin Stalf in October […]

Retail Asia26/01/2023
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3min0
A refocus on the core business results in a management reshuffling at the crypto finance service provider. There are also two departures to report. Bitcoin Suisse is changing its management structure in three areas. Sven Ramspott takes over as chief financial officer (CFO), adding to his current risk officer responsibilities. Pierre-Alain Krohn takes over as head of compliance, and Michael […]

Retail Asia30/12/2022
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2min0
The service shutdown in Japan follows in the wake of the collapse of FTX and adds more uncertainty to the global crypto market. Kraken, the US-based cryptocurrency exchange and bank, indicated that it is closing its exchange services in Japan. In a blogpost issued Wednesday in Japanese and English, the company said that current market conditions in […]

Retail Asia28/12/2022
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8min0
The crypto industry is facing a very difficult 2023. In the longer term, however, there is no reason why it should not rise from the dead again, as it has in the past. Skeptics have long suspected it, and now they see themselves vindicated by the fiasco surrounding the now-bankrupt crypto exchange FTX in which […]

Retail Asia16/12/2022
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2min0
Despite continued assurances publicly, Binance chief executive Changpeng Zhao admitted in an internal memo that the firm will face headwinds in the coming months, including heightened scrutiny. Binance is the latest crypto giant to be placed in the spotlight following significant withdrawals and a reportedly delayed conclusion to a US investigation. In response, the firm […]

Retail Asia28/11/2022
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3min0
Binance invites participants to support the crypto industry via a rescue initiative, to which it will initially commit $1 billion. Binance has established the Industry Recovery Initiative (IRI), which includes its own initial commitment of $1 billion, according to a blog post by the crypto giant. The IRI is not an investment fund, Binance said, adding that […]

Retail Asia18/11/2022
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1min0
The Swiss crypto services provider will use the US crypto data specialist’s enterprise software to manage transaction data. Swiss crypto Bitcoin Suisse is partnering with US crypto software and data specialist Lukka to support its middle and back office operations and further improve its systems. Lukka’s data and software are designed specifically for crypto and blockchain data, […]

Retail Asia14/11/2022
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8min0
The dramatic decline of the FTX crypto exchange has severely shaken investor confidence. For traditional financial institutions with crypto services, the debacle could represent an opportunity. A year ago today, the crypto scene was in a party mood. This time last year, the market capitalization of cryptocurrencies was at an all-time high of around $3 […]

Retail Asia19/10/2022
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2min0
Mastercard will debut crypto trading services next year that will enable financial firms, such as banks, to extend access to their clients. Mastercard will launch its crypto trading services – Crypto Source – in the US, Israel and Brazil in early 2023, according to an interview with the firm’s president of cyber and intelligence Ajay Bhalla, which will […]

Retail Asia17/10/2022
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2min0
By scaling back its exposure to assets like commercial paper, the company improves its credibility. The controversial Tether Holdings completely removed the commercial paper from its reserves. The world’s largest stablecoin issuer reported in a blog post that it has replaced those positions with US government bonds, the majority of its reserves now consisting of Treasury […]

Retail Asia13/10/2022
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1min0
Singapore-based Crypto.com chooses Paris as the location for its regional headquarters after getting regulatory approval in a number of countries. Digital asset platform Crypto.com has selected Paris as its base in Europe. It expects to invest 150 million euros ($145 million) in France to establish operations and hire staff for its compliance, business development, and […]


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