Asia

Exchanges

China to Restrict Bitcoin Marketing, But Blockchain Firms Unaffected

Just hours after it was first revealed that the People’s Bank of China (PBoC) had held closed-door meetings with domestic bitcoin exchanges, new details are emerging about the conversations. According to a new report by Caixin, the PBoC sought to restrict how the exchanges could seek to acquire potential new users, with the central bank […]

Policy & regulation  ·  7 January 2017
Banking

Korea’s Central Bank Considers ‘Supernode’ for Blockchain Oversight

The Bank of Korea has published research on issues it believes could hinder distributed ledger adoption, with a "supernode" being one solution.

Business  ·  28 December 2016
Regulation

27 Financial Firms Form Korean Blockchain Consortium

A new blockchain consortium has been formed in South Korea, with both established finance firms and technology startups on its membership roster.

Policy & regulation  ·  12 December 2016
Regulation

Why Bitcoin’s Remittance Disruption Slowed to a Crawl

Cross-border remittance was expected to be bitcoin’s killer app, but that just hasn't happened. CoinDesk looks at why.

Policy & regulation  ·  11 December 2016
China

China’s Huiyin Group Launches $20 Million Bitcoin Fund

Multibillion-dollar investment company Huiyin Group has launched a $20m bitcoin-focused investment fund.

Business  ·  1 December 2016
China

UBS Eyes Blockchain in China Expansion

UBS plans to invest in blockchain as part of an expansion plan in China.

Business  ·  21 November 2016
Banking

Korea Exchange Launches Blockchain-Powered Private Market

The Korea Exchange, South Korea’s sole securities exchange operator, has launched a new service that utilizes blockchain technology.

Business  ·  16 November 2016
Banking

Singapore’s Central Bank to Test Blockchain-Backed Digital Currency

Blockchain consortium startup R3CEV and eight major banks are said to be participating in the forthcoming trial.

Business  ·  16 November 2016
China

China’s CITIC Hosts Seminar on Banking and Blockchain

China's CITIC bank, one of the country's largest commercial banks, recently held a seminar devoted to blockchain.

Business  ·  15 November 2016
Banking

R3 Launches Blockchain Lab in Singapore

Banking consortium R3 has officially launched a new blockchain lab in Singapore in partnership with the local central bank.

Business  ·  8 November 2016
Markets

Bitcoin Price Drops 5% as New China Rumors Stoke Trading

Reports that China may soon take actions to limit domestic bitcoin exchanges caused notable market activity today.

Markets  ·  3 November 2016
Thailand

Thai Bank Tests Blockchain For Recordkeeping

One of Thailand’s leading commercial banks is working with IBM on applying blockchain to its transaction services.

Business  ·  3 November 2016
Exchanges

BTCC Takes Aim at Bitfinex With US Dollar Bitcoin Trading

BTCC announced today that it will be adding US dollar (USD) to its existing bitcoin exchange service.

Business  ·  1 November 2016
China

Walmart Blockchain Pilot Aims to Make China’s Pork Market Safer

Walmart and IBM are working together to help bring more transparency to China's massive pork industry.

Markets  ·  19 October 2016
China

In China, Two Cities Mirror Blockchain-Bitcoin Divide

A central divide in the blockchain industry is being mirrored in the startup cultures of two major cities.

Business  ·  16 October 2016