Welcome to the weekly Crypto Market Insights that touch on the latest news on digital assets developments and policy updates from across the Asia Pacific region.
Here are key events from last week:
BIS announced Projects Mariana and Mandala with Asian central banks
UBS launched its first tokenized VCC fund pilot in Singapore
HKEX builds a smart contract based settlement platform on Stock Connect
BIS announced Projects Mariana and Ma...
Welcome to the weekly Asia Crypto Insights that touch on the latest news on digital assets developments and policy updates from across the Asia Pacific region. Click here for the weekly 2-min podcast.
Here are key events from last week:
Bhutan introduces National Digital Identity on blockchain
South Korea establishes new regulation and SK Telecom launches crypto wallet
Australia Treasury released proposal to regulate digital asset platf...
Bitcoin
BTC
distinguishes itself from conventional, central bank regulated currencies by operating on a fixed supply. Specifically, only 21 million bitcoins will ever exist, with just under 2 million yet to be mined. This scarcity is managed through a mechanism known as "halving," designed to curb inflation and increase the asset's value over time.
Every four years, bitcoin's mining rewards are slashed in half, a feature embedded in it...
Blaming “brutal” conditions in the cryptocurrency market and an overly aggressive expansion , blockchain analytics provider Nansen has laid off 43 employees, or 30% of its staff, the company told Forbes.
“This will allow us to focus on our core products with data, analytics and research,” the company said in an email to Forbes. It plans to focus on an updated Nansen information dashboard (Nansen V2), and Nansen Query, a software that gives c...
