asia

CDCROP: CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee (Alex Wong/Getty Images)
FTT-Alameda Drama Weighs on Market as Asia Begins Its Week
FTT, SOL, and BNB all begin the week in the red as the market digests Alameda’s questionable financial position.
CDCROP: CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee (Alex Wong/Getty Images)

Genki Oda
Some, Not All, Crypto Token Screenings Will Be Scrapped, Japan’s JVCEA Official Says
The legally approved self-regulatory body wants to streamline screenings for tokens that are already listed on local exchanges while keeping existing standards for other assets including those only listed on foreign platforms.
Genki Oda

CDCROP: Anchorage President Diogo Monica speaking in the Bahamas (Danny Nelson)
Custodian Anchorage Adds to Asia Push With Batch of Institutional Crypto Partners
Anchorage will be offering digital asset custody services to Bitkub, Dream Trade, FBG Capital, GMO-Z.com Trust Company, IOSG Ventures and Antalpha.
CDCROP: Anchorage President Diogo Monica speaking in the Bahamas (Danny Nelson)

Uzbekistan imposes new monthly fees for crypto firms (Snowscat/Unsplash)
Uzbekistan Introduces Monthly Fees for Crypto Companies Effective Immediately
The new regulations also require crypto custody platforms, mining pools and individual miners to pay monthly fees to the government.
Uzbekistan imposes new monthly fees for crypto firms (Snowscat/Unsplash)

CDCROP: The Hong Kong skyline (bady abbas/unsplash)
Hong Kong's HashKey Receives Approval to Manage 100% Crypto Portfolio
The crypto funds can manage a portfolio of 100% virtual assets, joining the first batch of Hong Kong’s few licensed virtual asset managers.
CDCROP: The Hong Kong skyline (bady abbas/unsplash)

Mercados en alza. (Mehmet Turgut Kirkgoz, Unsplash)
Bitcoin muestra signos de recuperación tras nueve semanas de pérdidas
El nivel de $29.500 está actuando como un importante soporte para la criptomoneda más grande del mundo.
Mercados en alza. (Mehmet Turgut Kirkgoz, Unsplash)

Bitcoin mining rigs at Kryptovault's facility in Hønefoss, Norway. (Image credit: Eliza Gkritsi/CoinDesk)
The9 Buys Data Center in Kyrgyzstan to Host 7,500 Antminers
The crypto miner expects the 31.5 MW facility to be ready in July.
Bitcoin mining rigs at Kryptovault's facility in Hønefoss, Norway. (Image credit: Eliza Gkritsi/CoinDesk)

Singapore skyline
Industry Associations, Regulator Give Some Clarity on Singapore's Crypto Ad Rules: Report
Advertising to retail investors will be disallowed, as Singapore limits crypto trading to professional investors.
Singapore skyline

Bitcoin daily price chart (CoinDesk)
Market Wrap: Altcoins Underperform as Traders Reduce Risk
BTC and stocks traded lower after Federal Reserve minutes signaled aggressive monetary tightening could be coming.
Bitcoin daily price chart (CoinDesk)

(Christian Mueller/Shutterstock)
HSBC Starts Metaverse Fund for Private Banking Clients in Asia
The Metaverse Discretionary Strategy portfolio aims to capture opportunities arising from the next iteration of the internet, the bank said.
(Christian Mueller/Shutterstock)