Blockchain / Crypto
Ignoring crypto won’t make it disappear; India needs a plan
The lack of formal regulations has not stopped adoption—it has only driven it into grey areas where oversight is minimal. If India does not address this regulatory gap soon, it risks allowing an unregulated market to flourish, potentially creating even greater financial vulnerabilities.
HashKey secures license to expand crypto service offerings in Hong Kong
HashKey Capital, a Hong Kong-based institutional asset manager investing in blockchain technology and digital assets, has obtained a Type 1 license from the Hong Kong Securities and Futures Commission (SFC), further expanding its regulated capabilities under the SFC.
Hong Kong’s RedotPay secures $40M in Series A funding round led by Lightspeed
RedotPay, a crypto payment platform based in Hong Kong, has announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024.
Singapore’s BetterX secures $1.72M in Pre-Series A funding to expand into Asia, the Middle East, and the US
BetterX, a Singapore-based digital asset-focused business to business (B2B) platform, has successfully closed a S$2 million ($1.72 milion) pre-Series A funding round.
Thai SEC adds USDC and USDT to the cryptocurrencies list
The Securities and Exchange Commission (SEC) of Thailand has added USD Coin (USDC) and Tether (USDT) to the cryptocurrencies list
Matrixport’s Fly Wing receives major payment institution license from MAS in Singapore
Fly Wing Technologies, a wholly owned subsidiary of Matrixport, a one-stop crypto financial services platform in Asia, has on Tuesday announced that it has been granted the major payment institution (MPI) license by the Monetary Authority of Singapore (MAS).
BTSE’s Jeff Mei on the growing role of AI in the crypto industry [Q&A]
The intersection of AI and #cryptocurrency presents numerous synergies. AI can enhance trading strategies by providing real-time analytics and predictive modeling, which can lead to better investment decisions over time. Additionally, AI-driven tools can help identify market patterns and automate trading processes. We are witnessing these synergies manifest…
Hong Kong’s Hex Trust receives major payment institution license from MAS
Hex Technologies (Hex Trust), a Hong Kong-based digital assets financial institution, announced Thursday that it has received a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).
Animoca Brands bookings rise to $314M in 2024 amid digital asset business growth
Hong Kong-based gaming firm Animoca Brands announced Wednesday that its bookings (total sales and income generating activity) rose to $314 million in 2024, from $280 million a year ago.
CGS offers Malaysia’s first publicly available CME Crypto Futures
CGS International Futures Malaysia (CGS MYF), the futures broking division of an integrated financial services company CGS International Securities Malaysia (CGS MY), has on Thursday announced the launch of the first publicly available CME Crypto Futures contracts in Malaysia for the two largest cryptocurrencies by market capitalization, Bitcoin (BTC) and…
