Asian Bitcoin & Blockchain News

MSIG Insurance Teams Up With Inmediate On Blockchain Push

3 weeks ago admin2 Comments Off on MSIG Insurance Teams Up With Inmediate On Blockchain Push
Inmediate signs MOU with MSIG Insurance The Singapore subsidiary of Japanese insurance firm Mitsui Sumitomo Insurance Group (MSIG) has signed a Memorandum of Understanding with blockchain startup Inmediate to explore new insurance products that leverage blockchain and smart contracts technology. Image by Alexander Yakimov via Shutterstock.com The partnership will help develop a network that connects Read More

Chinese Energy Firm Narada To Deploy Blockchain, IoT Tech Across APAC

3 weeks ago admin2 Comments Off on Chinese Energy Firm Narada To Deploy Blockchain, IoT Tech Across APAC
Image: From left to right: James Wong, Head of Marketing, Narada; Martin Lim, COO, Electrify; and Jonathan Tai, Business Development Manager, Narada; May 31, 2018 The Asia Pacific (APAC) subsidiary of Chinese energy firm Narada Power Source is teaming up with Singapore startup Electrify to deploy blockchain and Internet-of-Things (IoT) solutions for energy trading and Read More

Singapore Central Bank Issues Warning To 8 Crypto Exchanges; Halts ICO

1 month ago admin2 Comments Off on Singapore Central Bank Issues Warning To 8 Crypto Exchanges; Halts ICO
Image: Singapore cryptocurrency, Wit Olszewski, Shutterstock.com The Monetary Authority of Singapore (MAS), the city-state’s central bank and financial regulator, has warned eight cryptocurrency exchanges in Singapore not to allow trading in digital tokens that are securities or futures contracts without the regulator’s permission, it said on Thursday. “MAS has reminded the eight digital token exchanges Read More

Philippines Economic Zone Welcomes Cryptocurrency Startups

1 month ago admin2 Comments Off on Philippines Economic Zone Welcomes Cryptocurrency Startups
Image: Philippines Flag, Pixabay The Cagayan Special Economic Zone has signed up the first 15 offshore fintech companies to locate in its new fintech and blockchain hub, among which several cryptocurrency and blockchain startups including CoinBundle, Madison Blockchain Strategy Investment Company, Asia Pacific Blockchain Association, and ANX International. CEO and co-founder of CoinBundle, Saad Rizvi Read More

Aelf Token ELF Listed On Major S Korean Cryptocurrency Exchange Bithumb

2 months ago admin2 Comments Off on Aelf Token ELF Listed On Major S Korean Cryptocurrency Exchange Bithumb
Image: South Korea flag by railway fx via Shutterstock.com Singapore startup Aelf announced on Monday that its token ELF has been listed on Bithumb, one of South Korea’s major cryptocurrency exchanges platforms. The listing comes at a time when Aelf is looking to tap into South Korea’s thriving blockchain and cryptocurrency industry and comes just Read More

RBI Contemplates “Central Bank Digital Currency” But Bans FIs From Dealing With Crypto

3 months ago admin2 Comments Off on RBI Contemplates “Central Bank Digital Currency” But Bans FIs From Dealing With Crypto
Image: Wealth Money Bitcoin Finance Business Currency, Max Pixel The Reserve Bank of India (RBI) said on Thursday that it is considering the introduction of a “central bank digital currency,” stating that technological innovations, including cryptocurrencies and blockchain, have the potential to improve the efficiency and inclusiveness of the financial system. The RBI said in Read More

NEM Rises 19 Percent as Coincheck Reimburses Customers and Resumes Limited Trading

3 months ago admin2 Comments Off on NEM Rises 19 Percent as Coincheck Reimburses Customers and Resumes Limited Trading
The price of altcoin NEM (XEM) increased by nearly 19 percent today following the news that Japanese cryptocurrency Coincheck has completed a promised refund to customers and resumed some trading services. In a report from the Japan Times, the Tokyo-based exchange distributed ¥46.6 billion ($440 million) to all 260,000 customers who lost their holdings of Read More

Japan’s Financial Regulator Begins On-Site Inspections Of Cryptocurrency Exchanges

5 months ago admin2 Comments Off on Japan’s Financial Regulator Begins On-Site Inspections Of Cryptocurrency Exchanges
Image credit: NEM cryptocurrency by Wit Olszewski via Shutterstock.com Japan’s financial regulator said on Friday that it has begun on-site inspections of cryptocurrency exchanges following the hack of Coincheck last month. After the late-January theft, the Financial Services Agency (FSA) requested cryptocurrency exchange operators in Japan, both licensed and those awaiting approval, to report to Read More

Japan Net Bank And Fujitsu Trial Blockchain With Mijin And Hyperledger

5 months ago admin2 Comments Off on Japan Net Bank And Fujitsu Trial Blockchain With Mijin And Hyperledger
Image credit: Tokyo, Japan by Perati Komson via Shutterstock.com Japanese blockchain startup Tech Bureau has announced that Japan Net Bank and Fujitsu are testing blockchain technology integrations using Mijin, Tech Bureau’s private blockchain platform utilizing the NEM protocol, and the Hyperledger platform. The proof-of-concept project will focus on assessing the practicality of using blockchain technology Read More

City of Taipei to Use IOTA’s Blockless Tangle for its Smart City Goals

5 months ago admin2 Comments Off on City of Taipei to Use IOTA’s Blockless Tangle for its Smart City Goals
The IOTA Foundation has announced that it has teamed up with Taipei City to help it reach its smart city goals. The capital of Taiwan is to integrate IOTA’s blockless distributed ledger technology, Tangle, to explore the possibilities of meeting its ‘Smart City Living Lab’ needs through a variety of projects. The first project will Read More