Tag Archive: asia

  • Altcoin News, Bitcoin, News, News teaser

    Anxious Asian Authorities Grapple with Crypto

    The nations of Asia are responsible for well over half of the total global volume of cryptocurrency trading. The Asian trading session often dictates how the rest of the day will play out when traders wake up in Europe and the US. However, the governments of the region are growing uneasy about the increasing appetite their people have for cryptocurrencies. One of the world’s largest exchanges, Bitfinex, is owned by a Hong Kong-based company. South

    · December 22, 2017 · 9:30 am
  • Bitcoin, Bitcoin Price, News, News teaser

    Asian Buyers Driving Bitcoin Boom

    Another day in Crypto Land, and the charts are swinging once again. Bitcoin has experienced a couple of days of relative calm, climbing only a few hundred dollars this time from $16,500 to $16,800, where it currently trades. Many are beginning to question where the great impetus comes from and what is actually pushing these prices ever higher. According to a report by the Wall Street Journal, traders in Asia are responsible for a lot

    · December 13, 2017 · 12:30 am
  • Bitcoin, Bitcoin Regulation, News, News teaser

    Vietnam Plans to Regulate Bitcoin as Current Laws ‘Fall Short’

    The government of Vietnam has signalled it is time to consolidate cryptocurrency regulations as its current provisions “fall short.” Also read: INDUSTRY REPORT: ASIA CONTINUES TO DOMINATE IN BITCOIN AND BEYOND Current E-Money Provisions ‘Fall Short’ in Vietnam In a report this month, the government as associated ministries commented proper management and research were required to manage the identity of Bitcoin and other currencies within Vietnam. “Vietnam law has provisions on electronic money but these full

    · December 5, 2016 · 7:00 am
  • Capital Bitcoin, Bitcoin Price

    Did Chinese Rumors Crash the Bitcoin Price? How Accurate Are They?

    Bitcoin’s recent bull run ended with a thud on 3rd November, reaching above $740 before crashing to around $685 in just a few hours. Was a rumor of further Chinese restrictions on Bitcoin exchanges to blame? And if so, how accurate is the news? Also read: AirBitz and WINGS Partnership Secures Future of DAOs Chinese Rumors Start to Spread… Again Dramatic financial news site ZeroHedge reported on 3rd November that Chinese regulators “are considering policies including restricting

    · November 4, 2016 · 2:00 am
  • Bitcoin IRA Bitcoin, Bitcoin Price

    Bitcoin Price Breakout Leads to $600, More Growth to Come?

    The bitcoin price has done it again! After much speculation, the price of everyone’s favorite digital currency has broken the $600 level, and for the most part, bullish trends are expected to continue. Also read: Bitcoin Price Jumps to $590, Bull Predictions Coming True? Bitcoin Price Set for Continued Rise One source writes: “Price is advancing above $600… It’s hard to conceive how the market will now reverse trend into decline. The declining scenarios mentioned during the past two

    · September 7, 2016 · 5:00 am
  • Bitcoin Industry Report Bitcoin

    Industry Report: Asia Continues to Dominate in Bitcoin and Beyond

    Sales in China grow as Asia dominates ecommerce, a new form of malware finds its way onto Mac computers, and you’d better not visit a blocked site in India. Want to catch up on your latest digital currency news? Check out the stories below. Also read: Industry Report: Moscow Gets its First Bitcoin Exchange DOMINANCE IN ASIA CHINA Thanks to a massive increase in Asia’s online shopping community, China is now set to become the

    · August 24, 2016 · 9:00 am
  • Barclays Bitcoin, Bitcoin Community, Bitcoin Investment, Companies, Emerging Markets, Markets and Prices, News, News teaser

    More Signs of Trouble in Asia: Barclays to Cut Investment Banking Jobs

    Reuters reports that Barclays Bank will announce investment banking job cuts across Asia sometime next week. The news publication’s sources said that these jobs cuts will include closures in South Korea and Taiwan.  Also read: Grantcoin Makes Regulatory History in the US, Plans to Launch Two New Charity Programs  These rumored cuts come after the Asian region’s failure to produce sustained growth in the post-2008 economy created a difficult business environment for investment bankers in

    · January 5, 2016 · 1:00 pm
  • Bitcoin Businesses, Companies, Emerging Markets, News, News teaser, Start-Ups

    Bitx Takes It’s Bitcoin Services to Indonesia

    Indonesia is one of Asia’s economic powerhouses and has the fourth largest population in the world. The country’s consistent growth over the years, coupled with its larger number of citizens, has made it an emerging market many have their eyes on — including Singapore-based bitcoin exchange, Bitx. But like many emerging markets, the country has an inadequate banking system and a large unbanked population. Although the average Indonesian is getting wealthier, financial services have not

    · February 14, 2015 · 3:00 pm
  • Bitcoin, Bitcoin Businesses, Companies, News, News teaser, Start-Ups

    BitSpark Brings Bitcoin Remittances to Indonesia

    Update — 1/24/2014: We have changed this article to fix a reporting mistake. Previously, we stated the Bitspark had partnered with bitcoin.co.id. The company has actually partnered with ArtaBit, an Indonesian Bitcoin payment processor.  Bitspark, a Hong Kong based bitcoin exchange, has expanded its Bitcoin remittance service to the Southeast Asian country of Indonesia. Now, Indonesian workers in Hong Kong will be able to remit funds back to their loved ones in Hong Kong for

    · January 24, 2015 · 3:00 pm