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Tag: Asia

Pakistan launches new laws to expedite CBDC launch by 2025

December 5, 2022 wp-bot Cointelegraph

The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely

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Avalanche to power Alibaba Cloud’s infrastructure services in Asia

December 3, 2022 wp-bot Cointelegraph

Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche’s public blockchain platform in Asia.

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Uzbekistan issues first crypto licenses to two local ‘crypto stores’

November 25, 2022 wp-bot Cointelegraph

Starting from January 2023, only licensed cryptocurrency firms will be allowed to provide cryptocurrency trading services to Uzbek citizens.

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Could Hong Kong really become China’s proxy in crypto?

November 17, 2022 wp-bot Cointelegraph

With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch.

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Southeast Asia and DeFi’s Big Bet on the Unbanked

November 7, 2022 wp-bot Cointelegraph

With 70% of the Southeast Asian population under/unbanked, DeFi solutions have positioned themselves as catalysts for financial transformation.

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Singapore bank DBS uses DeFi to trade FX and state securities

November 2, 2022 wp-bot Cointelegraph

Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore.

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Blockchain
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