Archive | Asia

Asia leads crypto selloff on China crackdown

All cryptocurrencies have taken a battering during the Asian trading session today as a huge selloff has commenced. Fears have escalated over further clampdowns in China and possible restriction in South Korea. The markets have fallen over 36% in the past week and total market capacity at the time of writing was just over $500 […]

The Bitcoin Exchange That Once Dominated China Is Heading to Japan

At one time the Beijing-based digital currency exchange Huobi was once the largest bitcoin trading platform in China before the central bank stopped domestic exchanges from trading cryptocurrencies. This month Huobi has revealed its carved a deal with the Japanese financial institution SBI Group and will be launching two new cryptocurrency exchanges in Q1 of […]

Chicago Firm DRW to Open Singapore Bitcoin Trading Desk

Chicago and Singapore are two cities that are becoming synonymous with bitcoin. The Windy City is home to CME and DRW, two major financial firms that are capitalizing on the rise of bitcoin, while Singapore is embracing all things crypto. The news that DRW is poised to open a Singapore trading shop for bitcoin thus […]