Thailand’s central bank brought USDT under scrutiny as stablecoin use grows and authorities tighten controls on grey money flows.
Metaplanet’s stock jumped 10.7% by midday Tuesday in Japan, tracking a broader crypto market rally with bitcoin currently trading at $93,835.
The company's total BTC holdings now stand at 35,102 BTC, which is valued at $3.06 billion at current market prices.
While Coinbase did not disclose the size of the investment, CoinDCX said the deal valued the Indian exchange at $2.45 billion.
HashKey Holdings, which operates Hong Kong's largest crypto exchange, raised $206 million in its initial public offering.
RedotPay says it processes over $10 billion in annualized volume and generates more than $150 million in annualized revenue.
Sungmo Park, former APAC lead at Monad Foundation and Polygon Labs, has been named to head a16z's efforts in the region.
Andreessen Horowitz's crypto venture capital unit pointed to high levels of crypto ownership in South Korea and Singapore, and growing onchain activity in Japan.
HashKey plans to use a large portion of the proceeds for tech and infrastructure upgrades, market expansion and ecosystem partnerships.
Robinhood said it is buying Indonesian brokerage PT Buana Capital Sekuritas and digital asset trader PT Pedagang Aset Kripto.
After clearing the hearing, a company typically moves on to prospectus registration, followed by marketing, book-building and pricing.
Animoca is planning to go public on the Nasdaq next year through a reverse-merger with Singapore-based Currenc Group.
Upbit initially reported a loss of 54 billion won ($36.8 million) but later revised the figure down to 44.5 billion won ($30.4 million).
Naver and Upbit plan to build a financial infrastructure that builds on top of AI and blockchain, according to multiple local reports.
Upbit identified 540 billion won worth of abnormal withdrawal of various assets on the Solana network from the platform.
Upbit is set to become a wholly-owned subsidiary of Naver, as the Korean IT giant seeks future growth momentum based on digital finance.
Rivaling IT giant Naver is in the process of a merger with Upbit, South Korea's largest cryptocurrency exchange.
The wallet service will allow users to exchange different fiat currencies into regional currency 'Dongbaek-jeon' in the form of a stablecoin.
Bitkub's IPO could take place as early as next year, with the company aiming to raise $200 million, Bloomberg reported.
NH NongHyup is initiating a PoC to test a system that streamlines VAT refunds for inbound tourists by utilizing stablecoins.
Following the completion of the deal, Tether is expected to become the largest shareholder of VCI Global through its Oobit stake.
The framework could potentially enable round-the-clock transfers of tokenized deposits across public and permissioned blockchain networks.
The project expands Hong Kong’s ongoing trials linking tokenized deposits, money-market funds, and potential CBDC settlement.
WazirX seeks to implement a 'socialization of losses' approach, requiring all users to absorb a portion of losses in their holdings.
The JPYC stablecoin is designed to maintain a 1:1 peg with the yen and is fully backed by yen deposits and Japanese government bonds.
Last week, the Singapore High Court approved WazirX's restructuring plan, which received approval from 95.7% of participating creditors.
Hong Kong Exchanges and Clearing has challenged at least five companies over plans to buy and hoard large amounts of cryptoassets
Li Lin’s Avenir Capital is said to be teaming up with Asia's crypto pioneers to build a regulated vehicle focused on ether accumulation.
Metaplanet's mNAV dropped below 1 for the first time, meaning its enterprise value is lower than that of its bitcoin holdings.
The Beijing-based and Hong Kong-listed investment seeks to raise $600 million with CZ's YZi Labs to invest in BNB through a U.S.-traded DAT.