Asia

Dogecoin Frenzy Spreads in Asia; Indian Exchange Logs 15x Traffic
The meme-fueled froth for Dogecoin spreads to Asia as it nips at the tail of XRP. Meanwhile, Asian exchanges record staggering surges in traffic and Doge trading volumes. Regulators follow the heated crypto space closely with South Korea announcing a “pan-governmental crackdown period” on illicit virtual asset use.

Conflux lanza un puente entre cadenas para conectar las mayores bolsas de Cripto de Asia
Los usuarios de Ethereum, Binance Smart Chain, Huobi ECO Chain o OKEx Chain podrán convertir activos digitales en una de estas redes en un activo idéntico en una cadena diferente.

China Calls Crypto an ‘Investment’; Crypto Demand Bounces Back in Asia
China gives the “alternative investment” label to crypto and hints at reserving a seat for digital assets in the country’s digital economy. Meanwhile, exchanges in Asia recover from crypto’s weekend price crash and see spikes in bitcoin long orders. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

IMF Wants More Crypto Supervision in the Philippines
Crypto exchanges in the Philippines are in the crosshairs of the International Monetary Fund. The IMF warns the country’s financial sector status could diminish if exchanges are left unchecked and potentially abused for financial crimes. That as China extends tests of its digital currency to its free trade zone, Hainan Province.

Asian DeFi Picks Up Steam; Hong Kong Scammers Use Crypto as Bait
The DeFi wave continues to rise in Asia: XRP dives deeper into DeFi with Wanchain integration while a top bank in Thailand ventures into the nascent ecosystem and more cases of online fraud are found in Hong Kong. The suspects are believed to have used false promises of crypto investments to lure their victims.

Asian Markets Lead Trends in Crypto, DeFi
The DeFi ecosystem is gaining popularity, particularly in Asian markets. Tim Frost, CEO of DeFi banking app YIELD, joins “First Mover” to discuss his company’s expansion into Asia and explain how investment from Asia helps make high returns the norm in the DeFi space.

What’s Happening in the Asian Crypto Markets?
Crypto database Messari recently published a report on the crypto markets in Asia. Hong Kong-based analyst Mira Christanto explains the current trends in crypto in Asia and the future of peer-to-peer trading in China.

Veterano de Uber y Goldman Sachs se une a Ripple como director general para Asia
Ripple nombra a un veterano de Finanzas y tecnología para que sea director general en el Sudeste Asiático.

Bitcoin tiende a debilitarse durante las operaciones asiáticas, especialmente después del cambio de Regulación del Banco de Japón.
Los vendedores asiáticos se encuentran con los compradores norteamericanos, mientras que la decisión del Banco de Japón recuerda a los operadores los patrones de tiempo.

Bitcoin se vende por sentimiento bajista y la preocupación de Yellen
La venta también provocó correcciones importantes para otras criptomonedas, incluidas Ether, Stellar, XRP y Chainlink.
