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BITCOIN PRICE: 3,363.49     HIGH: 3,490.00     LOW: 3,334.64

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Blockchain Day Emirates • December 15, 2018

Blockchain Day Emirates – is an event that brings together the world’s leading visionaries, innovators, and thinkers to explore new…

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Tag: Asia

Blockchain Valley Ventures Launches New Unit in Singapore as Part of Asia Expansion Plans

Category: Bitcoin, Finance, News, Platform, Tech

Blockchain Valley Ventures Launches New Unit in Singapore as Part of Asia Expansion Plans

Blockchain Valley Ventures (BVV), a Switzerland-based venture capital firm and accelerator, has announced it is launching a new regional unit in Singapore. The company revealed the move during the Singapore Fintech Festival on November 12, 2018. BVV’s Asian Expansion With the island nation as their next stop, the Swiss blockchain firn has prepared the foundation for bolstering its presence in Asia….

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Asian Investors Challenge U.S. Funds in Global Blockchain Supremacy Battle

Category: Altcoins, Bitcoin, Blockchain, Business, Investment, News, Regulation

Asian Investors Challenge U.S. Funds in Global Blockchain Supremacy Battle

The U.S. was once the undisputed outlier leading global blockchain development and investment, but this is no longer the case. A TechCrunch story from August 26, 2018, reveals that since 2017, Asian funds have become actively interested in early-stage funding for blockchain startups around the world. A growing number of Asian investment organizations are quietly becoming central to the prospects…

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Cryptocurrencies in Asia: S.E.A Countries Develop Crypto-Economy and Lure Businesses

Category: Adoption, Bitcoin, Blockchain, News, Regulation

Cryptocurrencies in Asia: S.E.A Countries Develop Crypto-Economy and Lure Businesses

Philippines, South Korea, and Thailand ease regulations to lure fintech investment as southeast Asia. In August 2018, the Cagayan Special Economic Zone and Freeport in the Northern Philippines were launched with a $100 million blockchain hub, with the hopes of becoming the “Crypto Valley of Asia.” Manila hopes that investment like this will create the conditions necessary to make another…

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Asian Family Office Set to Launch Cryptocurrency Custodial Services in Hong Kong

Category: Adoption, Altcoins, Bitcoin, Exchange, Investment, News

Asian Family Office Set to Launch Cryptocurrency Custodial Services in Hong Kong

Fusang Investment Office, a top Asian asset management firm based out of Hong Kong, has its intentions set to launch a crypto-custody service named Fusang Vault in the 4th quarter of the year, as reported by South China Morning Post on July 23, 2018. The asset managing firm specializes in Asian private family offices. Digital Asset Security The Top Priority…

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South Korea May Launch Dedicated Cryptocurrency Zone for Companies

Category: Blockchain, Business, Finance, News, Regulation, Tech

South Korea May Launch Dedicated Cryptocurrency Zone for Companies

After technology parks and silicon valleys, major cities around the world are building dedicated cryptocurrency and blockchain technology zones to propel the sector’s development. The latest to join the fray is South Korea. South Korea’s Blockchain Push According to a report in local news Edaily from June 14, 2018, South Korea intends to launch a blockchain center in Busan city…

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“Cryptocurrencies Are Here to Stay,” Believes Founder of Saudi Arabian Remittance Firm

Category: Altcoins, Bitcoin, Blockchain, Business, Commentary, Finance, News, Regulation, Tech

“Cryptocurrencies Are Here to Stay,” Believes Founder of Saudi Arabian Remittance Firm

According to Abdulaziz Al Jouf, CEO of Saudi based digital payments platform PayTabs, cryptocurrencies will succeed as an asset class regardless of the worldwide concerns around their unregulated and volatile nature. Can’t Control, Will Ban Speaking to the Arabian Business, Al Jouf said that he does not see digital currencies being banned as a whole and stated that cryptocurrencies have…

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Singapore and Hong Kong Emerging as the World’s Top Crypto-Friendly Cities

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Singapore and Hong Kong Emerging as the World’s Top Crypto-Friendly Cities

After China implemented a blanket ban on cryptocurrencies in 2017, Singapore and Hong Kong have emerged as the leading business-friendly destinations for East Asian crypto companies aiming to raise funds via Initial Coin Offerings (ICOs). Singapore Becoming a ‘Hub’ For Crypto Businesses Anson Zeall, chairman of Association of Cryptocurrency Enterprises and Startups in Singapore, informs that while it may be…

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Despite Bitcoin Price Slump, Cryptocurrency Payments Steadily on the Increase in Asia

Category: Bitcoin, Business, Finance, News, Tech

Despite Bitcoin Price Slump, Cryptocurrency Payments Steadily on the Increase in Asia

Since January 2018, bitcoin and the entire altcoin markets have slumped in value under the massive weight of bear forces. So far, the world’s flagship virtual currency has dropped a substantial percentage of the gains it made in 2017, crashing from a high of $20,000 last December to a meager ~$6,500 at press time. Bitcoin Transactions on the Increase Conversely,…

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Asian Crypto Arbitrage Market Declines Amidst Market Saturation, but Profits Still Persists

Category: Altcoins, Bitcoin, Finance, News

Asian Crypto Arbitrage Market Declines Amidst Market Saturation, but Profits Still Persists

From September 2017 all the way up to the first two months of 2018, the Asian bitcoin arbitrage market was booming. With China banning ICOs and online trading platforms and South Korea initially taking a hard stance on crypto, the market had no choice but to go underground. As a result, bitcoin trading could be carried out in an environment…

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Why Europe and China are Ahead of US in Blockchain Development

Category: Blockchain, Business, Commentary, Regulation

Why Europe and China are Ahead of US in Blockchain Development

The US is falling behind China and Europe in blockchain development primarily due to the lack of regulatory frameworks. With a practical approach toward blockchain regulation, countries in Europe, as well as China, Hong Kong, and Singapore are demonstrating greater progress in blockchain implementation. According to a blockchain startup tracker developed by Outlier Ventures, the vast majority of startups in…

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