Indonesian cryptocurrency transactions cross $30B for 2024
2024 transaction totals are up more than 350% year-over-year, but still well below Indonesia’s 2021 highs. Go to Source
Asia
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Asia takes top spot for crypto developers, US declines
The geographic distribution of crypto developers often signals the regions poised to drive future blockchain innovation. Go to Source
Swift to Pilot Digital Asset and Currency Transactions in 2025
Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital and traditional assets, addressing the challenges of disconnected platforms. The trials build on successful blockchain experiments, seeking … Read more
China-Russia Alliance Expands, Elevating US Risks in Asia and Middle East
Frederick Kempe, CEO of the Atlantic Council, highlighted two pressing concerns at the UN General Assembly: the intensifying China-Russia partnership and doubts over US leadership. Alongside former Secretary of State Condoleezza Rice, he warned of mounting global threats, comparing today’s risks to the Cold War. China’s support for Russia and Iran is escalating conflicts, demanding … Read more
Bhutan’s $750M revenue from Bitcoin mining sets model for developing nations
Bhutan’s experience with mining Bitcoin could serve as a powerful example for other developing nations that seek to improve their economies. Go to Source
HashKey and Kaia partner to boost Web3 adoption in Asia
HashKey Group and Kaia collaborate post-rebrand to accelerate Web3 adoption, coinciding with Kaia-Finschia merger and new mainnet launch. Go to Source
WazirX announces INR withdrawals will resume on Aug. 26
The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues. Go to Source
$235M WazirX exchange hack has implications for India’s crypto industry
North Korean hackers are suspected to be involved in the $235 million hack of Indian cryptocurrency exchange WazirX. Go to Source
Hong Kong to launch Asia’s first inverse Bitcoin ETF
CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF. Go to Source
TSMC becomes first Asian company to reach $1T as AI demand surges
The company is now worth more than Broadcom and closing in on Meta. Go to Source
