January 15, 2024 By Sharan Kaur Phillora The U.S. Securities and Exchange Commission’s (SEC) recent approval of spot bitcoin ETFs is poised to significantly impact cryptocurrency development in Asia, according to Yat Siu, co-founder of Hong Kong-based crypto venture capital firm Animoca Brands. In an interview with The Block, Siu highlighted that this landmark decision […]

January 12, 2024 By Anjali Kochhar A user of Bitcoin (BTC) who wishes to remain anonymous has transferred 26.9 BTC, or $1.17 million, to the Genesis Wallet—the first wallet that Satoshi Nakamoto ever created on the network. The transaction, which happened on January 5 at 1:52 a.m. Eastern Time, garnered notice because it was unique. The

January 11, 2024 By Anjali Kochhar By June of this year, Mercari, a digital flea market platform in Japan with over 22 million monthly active users, plans to enable customers to buy goods with Bitcoin, according to Nikkei. Bitcoin payments will be handled by Mercoin, the company’s blockchain subsidiary, with headquarters in Tokyo. According to

January 11, 2024 By Sharan Kaur Phillora On Wednesday, the U.S. Securities and Exchange Commission (SEC) decided to approve rule changes that open the door for creating bitcoin exchange-traded funds (ETFs) in the United States. This move, long-awaited by many, grants regular investors a regulated pathway to access cryptocurrency’s often volatile and controversial world. Here’s what

January 11, 2024 By Sharan Kaur Phillora BitGo, a renowned crypto custodian, has received in-principle approval to operate as a Major Payment Institution (MPI) in Singapore. This announcement in a recent email marks a pivotal step for BitGo in expanding its services globally. Here’s what we know: The Monetary Authority of Singapore (MAS), the nation’s central

January 10, 2024 By Anjali Kochhar To address the changing digital demands of modern consumers, Visa has unveiled a new web3 loyalty engagement solution that offers immersive experiences including gamified incentives, augmented reality treasure hunts, and creative ways to use loyalty points. Visa’s SVP and Global Head of Issuing Solutions, Kathleen Pierce-Gilmore, emphasized how consumer-brand relationships

January 10, 2024 By Sharan Kaur Phillora South Korean cryptocurrency exchange Upbit has recently marked a significant milestone in the rapidly evolving global crypto landscape. The exchange has successfully obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), joining the ranks of renowned exchanges such as Coinbase and Crypto.com. This

January 9, 2024 By Sharan Kaur Phillora Nevada has remarkably emerged as the leading US state in interest for spot Bitcoin ETFs, surpassing traditional financial hubs such as New York and California. Here’s what we know: A study by CoinGecko, utilizing Google Trends data from January 2019 to January 2024, sheds light on this unexpected

January 9, 2024 By Joe Pan 7-day view of BTC price as of 3pm HKT (source: Coinmarketcap.com) Remember the good ol’ days, glued to Bloomberg terminals, chasing those ticker arrows? Yeah, me neither. These days, my inbox brims with daily crypto reports – a deluge of memes, NFTs, DeFi, and more, enough to make your

January 8, 2024 By Sharan Kaur Phillora In a global push to regulate the burgeoning cryptocurrency market, South Korea and China are tightening regulations, while Nigeria is adopting a more open approach. Here’s what we know: The Financial Services Commission (FSC) of South Korea has proposed a ban on credit card purchases of cryptocurrencies to curb