Japan’s cabinet has given the green light to a bill that permits investment funds and venture capital firms in the country to hold cryptocurrency assets, according to an announcement from the Ministry of Economy, Trade and Industry on Friday. The decision comes as Japan aims to ease restrictions on venture capital crypto investments, enabling these […]

HashKey Exchange has become the inaugural recipient of a license under Hong Kong’s new cryptocurrency regulatory framework. The approval allows the platform to legally facilitate the retail trading of tokens, as authorities aim to cultivate Hong Kong as a global hub for the crypto industry. Upgrading its existing licenses, HashKey now has the green light […]

Mobee, a newly registered digital asset exchange, has launched in Indonesia, offering a range of financial products for qualified investors, family offices, and institutional-grade clients seeking passive income and wealth management products designed for active investors. Co-founded by Andrew Tjahyadikarta, a visionary entrepreneur, and Jeff Pradana, an experienced banking and trading executive, the platform is […]

Binance, the llobal blockchain ecosystem and cryptocurrency infrastructure provider, has invested in GOPAX, a South Korean cryptocurrency exchange licensed to provide fiat-to-crypto services to customers. The investment was part of Binance’s Industry Recovery Initiative (IRI), according to the announcement. Launched at the end of 2022, the IRI is a co-investment opportunity for organizations wishing to […]

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider announced that it has acquired 100 percent of Sakura Exchange BitCoin (SEBC), a Japanese-registered crypto exchange service provider. With its recent acquisition, Binance will now be able to enter the Japanese market as a Japan Financial Services Agency (JFSA) regulated entity. The terms of the […]

Indonesia-based crypto exchange and marketplace Reku has announced raising $11 million in a Series A funding round led by AC Ventures. The funding round for the five-year-old startup was also participated by Coinbase Ventures and Skystar Capital, according to the announcement. Reku, which offers its users the lowest fees in the Indonesian market, said it […]

Binance Charity, the philanthropic arm of Binance, the world’s leading cryptocurrency and blockchain infrastructure provider, has partnered with Women in Tech to provide blockchain educational courses to women from vulnerable communities. The courses will be offered to 2,800 women in Brazil and Africa with the aim of empowering women with the knowledge and skills to […]

GoTo Gojek Tokopedia (GoTo), the biggest tech firm in Indonesia, is acquiring local crypto exchange Crypto Maksima Coin for about $8.4 million, GoTo said in a statement. The move further diversifies GoTo’s services to now include crypto exchange. According to a Reuters report, GoTo acquired 100% of PT Kripto’s shares for 124.84 billion rupiah ($8.38 […]

Crypto.com, the world’s fastest growing cryptocurrency platform, announced today it has secured Electronic Financial Transaction Act and Virtual Asset Service Provider registration by acquiring payment service provider PnLink Co. Ltd. and virtual asset service provider OK-BIT Co. Ltd. “This is an exciting next step for Crypto.com in an important market,” said Kris Marszalek, Co-Founder and […]

Licensed digital asset custodian Atato announced today that it has raised a total of $6 million in its Series A funding round co-led by AlphaLab Capital and FEBE Ventures. The company, which offers MPC custodial solution aimed at corporates and institutions, said the funding round was also participated by Tom Trowbridge, NGC Ventures, January Capital, […]