Low taxes, ease of setting up businesses, a dedicated regulator and access to international markets such as Asia and Europe are driving the wave of Indian cryptocurrency firms towards Dubai.

King Charles grants a new bill and Prime Minister Rishi Sunak says he’s determined to turn ‘the UK into the world’s Web3 centre’.

A cool-off of bitcoin exchange-traded fund (ETF) hype in the US could be behind the retreat of the token.

The use of digital assets in the Russia-Ukraine conflict is a sign of things to come, said Chainalysis’ sanctions strategy lead Andrew Fierman.

China banned cryptocurrency trading in 2021 and Hong Kong turned frosty on the industry as a result, even though it was home to several early cryptocurrency businesses, including the now-bankrupt FTX.

Revenue in the digital assets market is expected to grow at an annual rate of 16.1 per cent from 2023 to exceed US$102 billion by 2027, with almost a billion users tapping in.

As emerging technologies like blockchain-based NFTs expand into the digital asset space, artists need to understand when and how to use these tools to protect and boost their works.

NFT platforms in China are expanding into Hong Kong to offset compliance risk for an industry that remains in a legal grey area on the Chinese mainland.

2022 was a challenging year for blockchain and Web 3.0 as it was plagued by black swan events like the Terra-LUNA crash, the collapse of the cryptocurrency exchange FTX.

Dajia Jenn Lann Temple, which dates back to the Qing dynasty in the 1700s, is minting and selling sea goddess non-fungible tokens (NFTs) that act as a priority pass for the pilgrimage.

In light of the uncertainty of centralised finance, users need ways to transact and move funds with ease and security more than ever before. Individuals must be empowered to take control of their cryptocurrency keys.

The collapse of the Terra stablecoin and its sister cryptocurrency Luna in May resulted in losses to hundreds of thousands of investors worldwide.

What Singapore and Hong Kong are doing appears to be centralised, contradicting the permissionless principle of the cryptocurrency movement.

TOKEN2049 stood out for its forward-looking, upbeat approach, covering issues including the slump in cryptocurrency valuations, the rise of stablecoins and the opportunity presented by the Crypto Winter.

Busan is now changing its strategy and signed deals in the last two months with Binance, FTX and Huobi to build the country’s first city-backed digital asset exchange.

China’s controversial social credit system has raised concerns over how the state might use the e-CNY to monitor people, control dissent and incentivise or dissuade certain behaviours.

Now it’s clear that just as threads spun from the pupae of silkworms drove the growth of a global trade network, China’s digital yuan may weave an enduring international system of finance.

When it comes to blockchain, China appears to have built a formidable lead in a technology of consequence.