SBI Group and Chainlink collaborate to introduce crypto technology to finance in Asia.
Update (August 25, 3:50am UTC): This article includes new comments and details regarding SBI’s partnerships. The Japanese financial conglomerate SBI Group has teamed up with the blockchain Oracle Platform Chainlink to develop cryptographic tools for financial institutions in Asia. On Sunday, SBI noted that their collaboration with Chainlink emphasizes “the important use cases for Japan […]
Asia Morning Update: Bitcoin ETFs Eliminate Transaction Fees, Harming Miners Further
Good morning, Asia. Here’s what’s making news in the market: Welcome to the Asian morning briefing, a daily summary of vital stories from the US time zone, including market movements and analysis. For more insights on the US market, see Coindesk’s Crypto Daybook Americas. Bitcoin is lingering near record prices, but activity on the blockchain […]
BitGo supports Kazakhstan’s first spot Bitcoin ETF in Central Asia
Kazakhstan’s First Spot Bitcoin ETF Launched BITGO, the cryptocurrency manager regulated in the US, is set to safeguard assets from Kazakhstan’s first spot Bitcoin exchange, which launched on Wednesday at the Astana International Exchange (AIX). The AIX, as part of the Astana International Financial Center (AIFC), announced the listing of the Fonte Bitcoin Exchange Traded […]
China Is Leading the Competition for Key Minerals in Central Asia
US and Central Asia: Competing Interests in Mineral Resources U.S. officials have been vocal about their eagerness to enhance trade in essential minerals with Central Asian nations. Yet, amidst this discourse, China is making significant strides to harness the region’s rich resource potential. In a recent Senate confirmation hearing, Julie Staff, nominated by the Trump […]
China’s expansion of its nuclear capabilities seeks to weaken U.S. allies and its influence in Asia
China’s Nuclear Ambitions Shift China has reportedly moved beyond merely using nuclear weapons as a deterrent; they are now utilizing them to bolster their aspirations of becoming the predominant power in Asia. This strategy seems aimed at pressuring US allies and diminishing American influence in the region. The Hudson Institute anticipates that, by the mid-2030s, […]
The global cryptocurrency trend is gaining traction in Asia as companies embrace stablecoins.
Growing Acceptance of Stablecoins in Asia Companies across Asia are increasingly warming up to the idea of using Stablecoins for cross-border transactions. This trend seems to be picking up momentum, especially with Hong Kong set to legalize these digital tokens, as experts noted. Various businesses, ranging from online travel agencies to luxury retailers and upscale […]
Asia Morning Update: SOL Rises 4% as Analysts Indicate Staking ETF (SSK) Has Successful Launch
Asian Morning Briefing Here’s your daily summary of key stories from the US, along with market movements and some analysis. For a deeper dive into the US market, you might want to check out CoinDesk’s Crypto Daybook Americas. The newly launched Rex-Soprey Solana + Staking ETF (SSK), marking the first US-listed Crypto Staking Exchange-Traded Fund, […]
Asia Morning Briefing: SOL rises 4% as Analysts Highlight Strong Start for Staking ETF (SSK)
Good morning, Asia. Here’s what’s trending in the market: Welcome to your morning briefing on Asian news, summarizing the top stories and market movements. You can find a more detailed overview in Coindesk’s Crypto Daybook Americas. The newly launched Rex-Soprey Solana + Staking ETF (SSK) has the title of being the first crypto staking exchange-traded […]
Pakistan and Afghanistan excluded from World Bank’s South Asia region; Johannes Zutt will be the new leader
World Bank Realigns Regional Classifications Recent updates indicate that Pakistan and Afghanistan are now categorized under the Middle East and North Africa (MENA) regions by the World Bank. Meanwhile, the South Asia group will remain comprised of six countries: India, Bangladesh, Bhutan, Maldives, Nepal, and Sri Lanka. The MENA region includes countries that are geographically […]
Asia Morning Update: BTC Rises to $107K as Conflict Eases and Risk Taking Increases
Good morning, Asia. This is what makes news in the market: Welcome to the daily summary of top stories in the US and an overview of market analysis. For a detailed overview of the US market, see Coindesk’s Crypto Daybook Americas. As Asia starts trading on Thursday, Coindesk 20, a major digital asset measure, is […]