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Tag: cryptocurrency

Retail Asia01/07/2023
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Finance

Three of the Biggest Asian Cryptocurrency Projects

5min0
As we’re sure you’ve seen, cryptocurrencies and blockchain technology have become very popular over the past decade, gaining ground in all markets, including Asia. It is for this reason that numerous exciting cryptocurrency and blockchain projects are currently being developed in Asia, having the ability to have a significant impact on a variety of industries. […]
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Retail Asia18/11/2022
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Finance

Bitcoin Suisse Partners With Lukka

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, […]
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Retail Asia09/09/2022
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Finance

Cryptocurrency poses risk of money laundering

2min0
There is a big risk that cryptocurrencies will be used in Vietnam for laundering money since there is no legal framework to regulate them, a lawmaker has said. Vietnam is among the top countries globally in terms of cryptocurrency ownership but it does not even recognize the asset, Duong Van Phuoc from the central province […]
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Retail Asia27/06/2022
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Finance

Vietnamese buy Bitcoin in hope it has bottomed

6min1
Many investors are buying Bitcoin after the cryptocurrency’s price fell to US$20,000, its lowest level since December 2020. Thanh Binh of HCMC says he turned off notifications on his crypto trading app after buying it at $38,000 and losing over VND40 million ($1,720). But he has returned and bought a 10th of a token after […]
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Retail Asia24/06/2022
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Finance

Vietnamese regain hope in ‘next Bitcoin’

5min0
People are rushing to mine cryptocurrency Pi prompted by news of new developments including an open mainnet launch. Open mainnet, which is said to allow users to trade the token for other cryptocurrencies, “will begin on 2022 Pi Day (14/3) or Pi2 Day (28/6)” depending on “the maturity of the Enclosed Network economy and the […]
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Retail Asia13/06/2022
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Finance

Vietnam’s Luna investors face turbulence

6min0
The ‘revived’ Luna cryptocurrency has dashed many investors’ hopes by falling to an all-time low. Hoang Anh, a marketer in Hanoi, said he owns both the new and old versions of Terra’s cryptocurrency, Luna and Lunc, or Luna Classic. He had viewed Lunc, whose market cap has fallen to less than a billion dollars from […]
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Retail Asia24/03/2022
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Finance

Crypto Platform Sponsoring World Cup in Qatar

2min0
FIFA announces the world’s fastest-growing cryptocurrency platform as a sponsorship partner of this year’s World Cup soccer tournament held in Qatar. Crypto.com will be the exclusive cryptocurrency trading platform sponsor of World Cup Qatar 2022, the Federation Internationale de Football Association (FIFA) announced Tuesday in Zurich, expanding its reach in global sports. The sponsorship includes opportunities for […]
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Retail Asia31/01/2022
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Finance

Thai cafe serves up crypto advice with coffee and cake

3min0
A cafe in northeast Thailand has become home to cryptocurrency traders, adding banks of screens showing the latest market moves and dishing out investment advice alongside coffee and cake. Behind a calm exterior of cherry blossom trees, customers of HIP Coffee & Restaurant stare at their laptops, supping nervously on iced coffee – part of […]
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Retail Asia10/01/2022
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Finance

Bitcoin Suisse Taps Ex-UBS Banker as CEO

3min0
The Swiss crypto broker’s CEO is stepping down after four years. His replacement is an ex-UBS banker well-known for his technology expertise. Arthur Vayloyan is stepping down as CEO of Bitcoin Suisse at the end of March, the Zug-based crypto firm said in a statement on Friday. He will be replaced by Dirk Klee, effective April 1. Vayloyan will remain one […]
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Retail Asia22/12/2021
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Finance

Crypto Pi app disappears from Google Play Store

2min2
Cryptocurrency mining app Pi Network has disappeared from Google Play Store for Android devices, making investors concerned about the future of the project. “I cannot download the app. I am worried all my mining efforts up until now would be thrown away,” said Le Tu in the southern province of Dong Nai. The Pi Network […]
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Retail Asia02/12/2021
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Finance

TripleA Wins Singapore Crypto License

1min0
The crypto payments firm is the fourth to receive a digital payments token (DPT) license in the city-state. The Monetary Authority of Singapore (MAS) has awarded a DPT license to TripleA, allowing the company to provide end-to-end cryptocurrency payment services, according to an announcement this week. Founded in 2017 by mobile and payments entrepreneur Eric Barbier, TripleA currently […]
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Retail Asia29/09/2021
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Finance

China Intensfies Crypto Ban

2min0
China is ramping up its cryptocurrency prohibition efforts again with a directive issued by ten institutions last Friday covering a range of activities including offshore transactions and hiring. All crypto transactions in China are banned, according to authorities in a statement that highlighted examples such as Tether, Bitcoin and Ether. Banned crypto-related activities extend to […]
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Retail Asia06/09/2021
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Finance

Binance Halts Singapore Products

2min0
Cryptocurrency exchange Binance has responded to a warning by Singapore’s regulator by removing some of its offerings in the city-state. Binance will cease Singapore dollar trading pairs and payment options, according to a blog post over the weekend, alongside the removal of its app from Singapore’s online stores. The halt will begin as of Friday […]
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Retail Asia03/09/2021
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Finance

MAS Orders Binance Halt

2min0
The Monetary Authority of Singapore has ordered crypto giant Binance to halt its services in the city-state over a potential breach of local payment rules. Binance must stop offering services in Singapore, according to a report citing a MAS statement, over a potential breach of the Payment Services Act. According to the regulator, Binance provided […]
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