Asia
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Looking At $BTC Chart & Amazed Its Moving up Slightly!
Share your Price Thoughts in comments!
#Binance #BTC #BNB #crypto2023 #Asia
Share your Price Thoughts in comments!
#Binance #BTC #BNB #crypto2023 #Asia
🎮 Bandai Namco Dives into Blockchain Gaming in Asia: What Does It Mean for the Crypto World?
Hello again! I've got another electrifying news for you. Bandai Namco, the gaming giant behind iconic titles like Elden Ring and Dark Souls, is making waves in the blockchain gaming sector. They're focusing on the Asian market, and here's why you should be all ears. 🎧
Karim Farghaly, Bandai Namco's SVP of Corporate Development, recently spilled the beans at the Esports and Gaming Business Summit in Las Vegas. He revealed that the company is exploring how blockchain can be integrated into its mobile-focused business model. 📱
Why Asia, you ask? Farghaly believes that the first blockbuster games in the Web3 and crypto space are likely to emerge from this region. The reason? Less stigma around blockchain games in Asia compared to the Western world. 🌏
Bandai Namco isn't new to the blockchain game. They've previously collaborated with blockchain firm Double Jump.Tokyo to develop Ryuzo, an AI-powered virtual pet game where players can own their Ryu creatures as NFTs on the Oasys blockchain. 🐉
So, what's the big deal? Farghaly sees a unique value proposition in blockchain games, especially for the 'whales' of the gaming world. Owning a digital asset that you can trade, sell, or keep for a long time is a game-changer. 🎮
What do you think? Will Asia lead the way in blockchain gaming? 🤔
Disclaimer: This content is not financial advice.
#BandaiNamco #BlockchainGaming #Crypto #Asia #NFTs
Hello again! I've got another electrifying news for you. Bandai Namco, the gaming giant behind iconic titles like Elden Ring and Dark Souls, is making waves in the blockchain gaming sector. They're focusing on the Asian market, and here's why you should be all ears. 🎧
Karim Farghaly, Bandai Namco's SVP of Corporate Development, recently spilled the beans at the Esports and Gaming Business Summit in Las Vegas. He revealed that the company is exploring how blockchain can be integrated into its mobile-focused business model. 📱
Why Asia, you ask? Farghaly believes that the first blockbuster games in the Web3 and crypto space are likely to emerge from this region. The reason? Less stigma around blockchain games in Asia compared to the Western world. 🌏
Bandai Namco isn't new to the blockchain game. They've previously collaborated with blockchain firm Double Jump.Tokyo to develop Ryuzo, an AI-powered virtual pet game where players can own their Ryu creatures as NFTs on the Oasys blockchain. 🐉
So, what's the big deal? Farghaly sees a unique value proposition in blockchain games, especially for the 'whales' of the gaming world. Owning a digital asset that you can trade, sell, or keep for a long time is a game-changer. 🎮
What do you think? Will Asia lead the way in blockchain gaming? 🤔
Disclaimer: This content is not financial advice.
#BandaiNamco #BlockchainGaming #Crypto #Asia #NFTs
#Crypto in #Asia to thrive
An exodus of prominent U.S. crypto and financial #technology companies has already begun, and many of them are heading to Asia.
With clearer rules, Asia stands to gain more in this war against cryptocurrencies. Meanwhile, companies are being forced to diversify their business elsewhere, the Straits Times reported on June 23.
Hong Kong will benefit more than Singapore, according to market players. Singapore exchange Coinhako founder Liu Yusho told the media outlet that Asia is already home to a thriving #blockchain and crypto industry.
He added that Southeast Asia has 8.6% of the world's population. However, it accounted for 14% of global crypto #transactions by the end of 2022.
An exodus of prominent U.S. crypto and financial #technology companies has already begun, and many of them are heading to Asia.
With clearer rules, Asia stands to gain more in this war against cryptocurrencies. Meanwhile, companies are being forced to diversify their business elsewhere, the Straits Times reported on June 23.
Hong Kong will benefit more than Singapore, according to market players. Singapore exchange Coinhako founder Liu Yusho told the media outlet that Asia is already home to a thriving #blockchain and crypto industry.
He added that Southeast Asia has 8.6% of the world's population. However, it accounted for 14% of global crypto #transactions by the end of 2022.
▪️The Monetary Authority of Singapore (MAS) today announced a series of stringent regulations aimed at bolstering investor protection.#MAS #singapore #Asia #investors
Manta Network Expands Operational Capacity in Asia
Manta Network, a leading modular blockchain for zero-knowledge (ZK) applications, is strategically broadening its influence and operational capacity in Asia, with a specific focus on Korea and Hong Kong.
This strategic move is part of the network’s broader vision to invest in and nurture the most prospective regions for its growth and development.
🔸 Strengthening Ties with Korea 🔸
Korea has emerged as a pivotal market for Manta Network. Korean-led projects are currently driving a substantial portion of the network’s Total Value Locked (TVL) and on-chain activities, signaling the region’s vital role in the growth of the network’s ecosystem.
The robust engagement and participation from the Korean community have boosted the network’s activities and reinforced its commitment to investing further in the region.
Recognizing this, Manta Network is funding a branch in Korea.
The branch aims to foster closer ties with local projects, understand and cater to the unique needs of the Korean market, and facilitate the seamless integration of Manta Network’s offerings with the local web3 landscape.
🔸 Hong Kong: A New Frontier for Growth 🔸
Hong Kong represents a new and exciting frontier for Manta Network. Known for its dynamic and rapidly growing web3 community, Hong Kong offers immense potential for Manta Network’s expansion.
The region’s openness to innovation and technological advancements makes it an ideal environment for blockchain and web3 projects.
Manta Network aims to tap into this vibrant ecosystem by establishing a branch in Hong Kong.
The goal is to collaborate with local developers, entrepreneurs, and enthusiasts to create and support projects that resonate with the needs and aspirations of the Hong Kong web3 community.
🔸 A Commitment to Community Development 🔸
Central to Manta Network’s expansion strategy is the commitment to supporting and developing local communities in these regions. The network believes in the power of grassroots movements and community-driven projects to propel the adoption and advancement of web3 technologies.
In both Korea and Hong Kong, Manta Network plans to engage with local communities through educational initiatives, collaborative projects, and direct support for promising local ventures.
This approach is not only about expanding Manta Network’s reach, but also about contributing to the broader development of the web3 ecosystem in Asia.
🔸 Looking Forward 🔸
As Manta Network continues to expand its presence in Korea and Hong Kong, the focus remains on creating sustainable, mutually beneficial relationships with local communities and stakeholders. The network is excited about the possibilities these regions hold and is committed to being an active participant in their web3 journeys.
Expanding into Korea and Hong Kong marks a significant milestone for Manta Network. It reflects the network’s dedication to its global vision while underscoring the importance of local engagement and support.
With this balanced approach, Manta Network is poised to make a lasting impact in the Asian web3 landscape.
🔸 About Manta Network 🔸
Manta Network is the modular blockchain for zero-knowledge (ZK) applications. Manta Pacific is the modular L2 ecosystem for EVM-native ZK applications and dApps that want to deliver the lowest cost and best experience for users.
Leveraging Manta’s Universal Circuits to enable ZK-as-a-Service and Celestia’s data availability for modularity to deliver low gas fees, Manta Pacific offers the perfect environment for ZK-enabled applications.
Manta Network was created by a team of experienced founders from prestigious institutions, including Harvard, MIT, and Algorand.
Manta Network has received investments from many of the top web3 investment funds, including Binance Labs and Polychain Capital.
It has grown through participation in the best web3 accelerators, including Alliance DAO and Berkeley Blockchain Xcelerator.
In conclusion, Manta Network’s expansion into Korea and Hong Kong signifies its commitment to fostering growth and development in these regions while contributing to the advancement of web3 technologies.
With its strategic investments and collaborative approach, Manta Network is well-positioned to make a significant impact in the Asian web3 landscape.
#MantaNetwork #MANTA #Expansion #Asia
This strategic move is part of the network’s broader vision to invest in and nurture the most prospective regions for its growth and development.
🔸 Strengthening Ties with Korea 🔸
Korea has emerged as a pivotal market for Manta Network. Korean-led projects are currently driving a substantial portion of the network’s Total Value Locked (TVL) and on-chain activities, signaling the region’s vital role in the growth of the network’s ecosystem.
The robust engagement and participation from the Korean community have boosted the network’s activities and reinforced its commitment to investing further in the region.
Recognizing this, Manta Network is funding a branch in Korea.
The branch aims to foster closer ties with local projects, understand and cater to the unique needs of the Korean market, and facilitate the seamless integration of Manta Network’s offerings with the local web3 landscape.
🔸 Hong Kong: A New Frontier for Growth 🔸
Hong Kong represents a new and exciting frontier for Manta Network. Known for its dynamic and rapidly growing web3 community, Hong Kong offers immense potential for Manta Network’s expansion.
The region’s openness to innovation and technological advancements makes it an ideal environment for blockchain and web3 projects.
Manta Network aims to tap into this vibrant ecosystem by establishing a branch in Hong Kong.
The goal is to collaborate with local developers, entrepreneurs, and enthusiasts to create and support projects that resonate with the needs and aspirations of the Hong Kong web3 community.
🔸 A Commitment to Community Development 🔸
Central to Manta Network’s expansion strategy is the commitment to supporting and developing local communities in these regions. The network believes in the power of grassroots movements and community-driven projects to propel the adoption and advancement of web3 technologies.
In both Korea and Hong Kong, Manta Network plans to engage with local communities through educational initiatives, collaborative projects, and direct support for promising local ventures.
This approach is not only about expanding Manta Network’s reach, but also about contributing to the broader development of the web3 ecosystem in Asia.
🔸 Looking Forward 🔸
As Manta Network continues to expand its presence in Korea and Hong Kong, the focus remains on creating sustainable, mutually beneficial relationships with local communities and stakeholders. The network is excited about the possibilities these regions hold and is committed to being an active participant in their web3 journeys.
Expanding into Korea and Hong Kong marks a significant milestone for Manta Network. It reflects the network’s dedication to its global vision while underscoring the importance of local engagement and support.
With this balanced approach, Manta Network is poised to make a lasting impact in the Asian web3 landscape.
🔸 About Manta Network 🔸
Manta Network is the modular blockchain for zero-knowledge (ZK) applications. Manta Pacific is the modular L2 ecosystem for EVM-native ZK applications and dApps that want to deliver the lowest cost and best experience for users.
Leveraging Manta’s Universal Circuits to enable ZK-as-a-Service and Celestia’s data availability for modularity to deliver low gas fees, Manta Pacific offers the perfect environment for ZK-enabled applications.
Manta Network was created by a team of experienced founders from prestigious institutions, including Harvard, MIT, and Algorand.
Manta Network has received investments from many of the top web3 investment funds, including Binance Labs and Polychain Capital.
It has grown through participation in the best web3 accelerators, including Alliance DAO and Berkeley Blockchain Xcelerator.
In conclusion, Manta Network’s expansion into Korea and Hong Kong signifies its commitment to fostering growth and development in these regions while contributing to the advancement of web3 technologies.
With its strategic investments and collaborative approach, Manta Network is well-positioned to make a significant impact in the Asian web3 landscape.
#MantaNetwork #MANTA #Expansion #Asia
FSB Asia Group discusses risks of non-bank financial intermediation & crypto-assets. Emphasis on resilience & global regulation.
#FSB #Asia #Regulation #crypto2023
https://blockchainreporter.net/fsb-asia-group-highlights-concerns-over-non-bank-financial-intermediation-and-crypto-assets/
#FSB #Asia #Regulation #crypto2023
https://blockchainreporter.net/fsb-asia-group-highlights-concerns-over-non-bank-financial-intermediation-and-crypto-assets/
Robbie Ferguson, the President and Co-Founder of #Immutable , stated that Asians are making significant advancements in #Web3 technologies. He noted that gaming studios from the region are at the forefront of project development due to a strong alignment between products in this sector and the historical interests of the continent's representatives. In an interview with TechCrunch, Ferguson emphasized that citizens of Japan, South Korea, China, and other countries have had a deep interest in collecting for many decades.
According to Ferguson, it was Asian game developers who initiated the concept of mobile games and were pioneers of the free-to-play model. He believes that the popularity of collectibles in existing games in the region will flourish with the integration of non-fungible tokens (#NFT s ) into the Web3 sector.
Ferguson stated that the evolution of the gaming industry within the crypto space is shifting towards #Asia , adding that consumer responses might differ across regions. Immutable's CEO has placed significant bets on the development of the cryptocurrency gaming market. His organization has released a platform for creating and scaling Web3 projects based on the Ethereum blockchain.
Furthermore, Immutable is also a design studio that develops and launches games through its subsidiary, Immutable Games. The platform has formed collaborations with partners including web studios and intellectual property holders like GameStop, TikTok, Illuvium, and the NFT marketplace #OpenSea . In March 2022, Immutable raised $200 million at a valuation of $2.5 billion. In June of the same year, they announced the launch of a fund for developers and secured venture investments totaling $500 million.
According to Ferguson, it was Asian game developers who initiated the concept of mobile games and were pioneers of the free-to-play model. He believes that the popularity of collectibles in existing games in the region will flourish with the integration of non-fungible tokens (#NFT s ) into the Web3 sector.
Ferguson stated that the evolution of the gaming industry within the crypto space is shifting towards #Asia , adding that consumer responses might differ across regions. Immutable's CEO has placed significant bets on the development of the cryptocurrency gaming market. His organization has released a platform for creating and scaling Web3 projects based on the Ethereum blockchain.
Furthermore, Immutable is also a design studio that develops and launches games through its subsidiary, Immutable Games. The platform has formed collaborations with partners including web studios and intellectual property holders like GameStop, TikTok, Illuvium, and the NFT marketplace #OpenSea . In March 2022, Immutable raised $200 million at a valuation of $2.5 billion. In June of the same year, they announced the launch of a fund for developers and secured venture investments totaling $500 million.
#CZ #Binance :-
Multiple #FUDs going on. This one widely circulated in Asia, saying "There was an argument I had with an American inspection agency, and I took out an AK47. The police then opened fire first, and I got wasted..." This is the 2nd time I got wasted imaginarily in #Asia news. The last one involved a basement full of #BNB
Multiple #FUDs going on. This one widely circulated in Asia, saying "There was an argument I had with an American inspection agency, and I took out an AK47. The police then opened fire first, and I got wasted..." This is the 2nd time I got wasted imaginarily in #Asia news. The last one involved a basement full of #BNB
South Korea, #Singapore, #Thailand clarify crypto rules as U.S. in state of regulatory ‘warfare’
While some #Asia nations, such as Singapore and Thailand, seem to be following the U.S. Securities and Exchange Commission (#SEC ) in frowning upon certain products offered by exchanges, the approach in Asia so far seems to be clarity instead of court battles, in contrast with North America
While some #Asia nations, such as Singapore and Thailand, seem to be following the U.S. Securities and Exchange Commission (#SEC ) in frowning upon certain products offered by exchanges, the approach in Asia so far seems to be clarity instead of court battles, in contrast with North America
Lawmakers in South Korea Secretly Made $100 Million Bitcoin and Crypto Transactions. 🇰🇷🥷🏻🪙
South Korean lawmakers have grabbed attention with their recent report on cryptocurrency transactions. According to the December 29 report from the South Korean Commission for the Combat of Corruption and Civil Rights, 298 members of parliament have engaged in cryptocurrency trading, totaling $97.6 million over the past three years.
The report specifies that these transactions occurred between May 30, 2020, and May 31, 2023. It highlights that only 18 lawmakers participated in cryptocurrency transactions, involving a total of 107 different cryptocurrencies.
A notable point in the report is the lawmakers' preference for including Bitcoin predominantly in their portfolios. However, in May, a Democratic Party member's $4.5 million investment in Wemix (WEMIX) attracted public attention, leading to criticism of the parliamentarian's cryptocurrency investment.
In response to this incident, the South Korean government took action, requiring state officials to declare their cryptocurrency transactions. The involvement of South Korean lawmakers in the cryptocurrency world may spark a new debate both in the public and within the administration in the country.
#SouthKorea #crypto #BTC #Asia
South Korean lawmakers have grabbed attention with their recent report on cryptocurrency transactions. According to the December 29 report from the South Korean Commission for the Combat of Corruption and Civil Rights, 298 members of parliament have engaged in cryptocurrency trading, totaling $97.6 million over the past three years.
The report specifies that these transactions occurred between May 30, 2020, and May 31, 2023. It highlights that only 18 lawmakers participated in cryptocurrency transactions, involving a total of 107 different cryptocurrencies.
A notable point in the report is the lawmakers' preference for including Bitcoin predominantly in their portfolios. However, in May, a Democratic Party member's $4.5 million investment in Wemix (WEMIX) attracted public attention, leading to criticism of the parliamentarian's cryptocurrency investment.
In response to this incident, the South Korean government took action, requiring state officials to declare their cryptocurrency transactions. The involvement of South Korean lawmakers in the cryptocurrency world may spark a new debate both in the public and within the administration in the country.
#SouthKorea #crypto #BTC #Asia
Asian Markets Spark Crypto Optimism, HK EFT Approved and Hashkey group partner up with TON
New signs of life are emerging from the Asian crypto market, potentially injecting fresh optimism into the global industry. Hong Kong's Securities and Futures Commission (SFC) recently greenlit the launch of spot-traded $BTC and $ETH Exchange Traded Funds (ETFs), a long-awaited move that could unlock billions in investment [Source 1]. This regulatory approval is seen as a significant step towards mainstream adoption of cryptocurrencies, particularly in Asia, which boasts a large and active crypto community.
Further fueling this optimism is the news of HashKey Group, a Hong Kong-based digital asset platform, partnering with $TON (The Open Network). This collaboration will see HashKey provide Bitcoin ETF services while leveraging TON's infrastructure for on-ramping and off-ramping fiat and crypto for users in the Asia-Pacific region [Source 2]. This strategic partnership highlights the growing synergy between established crypto players and innovative blockchain solutions like TON, which aims to provide a fast and scalable platform for decentralized applications.
The combined effect of Hong Kong's ETF approval and HashKey's collaboration with TON paints a cautiously optimistic picture for the Asian crypto market. While regulatory clarity and robust infrastructure remain crucial for wider adoption, these developments signal a growing maturity and willingness to embrace the potential of cryptocurrencies in the region.
Sources:
[Source 1] "https://www.coindesk.com/podcasts/markets-daily/crypto-update-hong-kong-spot-crypto-etfs"[Source 2] "https://tonraffles.dev/ton-foundation-announces-strategic-partnership-with-hashkey-group/"#Bullish #etf #Asia #BTC🔥🔥🔥🔥🔥🔥
Further fueling this optimism is the news of HashKey Group, a Hong Kong-based digital asset platform, partnering with $TON (The Open Network). This collaboration will see HashKey provide Bitcoin ETF services while leveraging TON's infrastructure for on-ramping and off-ramping fiat and crypto for users in the Asia-Pacific region [Source 2]. This strategic partnership highlights the growing synergy between established crypto players and innovative blockchain solutions like TON, which aims to provide a fast and scalable platform for decentralized applications.
The combined effect of Hong Kong's ETF approval and HashKey's collaboration with TON paints a cautiously optimistic picture for the Asian crypto market. While regulatory clarity and robust infrastructure remain crucial for wider adoption, these developments signal a growing maturity and willingness to embrace the potential of cryptocurrencies in the region.
Sources:
[Source 1] "https://www.coindesk.com/podcasts/markets-daily/crypto-update-hong-kong-spot-crypto-etfs"[Source 2] "https://tonraffles.dev/ton-foundation-announces-strategic-partnership-with-hashkey-group/"#Bullish #etf #Asia #BTC🔥🔥🔥🔥🔥🔥
The Impact of RCEP on Global Economic Dynamics. 🇨🇳🌏
The Regional Comprehensive Economic Partnership Agreement (RCEP) has emerged as a transformative agreement, reshaping economic balances worldwide, particularly in the Asia-Pacific region.
RCEP Overview:
Signed in 2020 and effective since January 2022.
Encompasses 15 countries in the Asia-Pacific, making it the world's largest trade pact. Positioned as the largest Trading Bloc and Mega-Regional Trade Agreement globally.
Global Economic Competition:
RCEP becomes a pivotal element in the global economic rivalry between the United States and China. Dynamics between these economic giants continue to shape international relations, trade policies, and regional alliances.
Geopolitical Shifts:
Amid the Russia-Ukraine conflict, a global struggle for dominance and hegemony unfolds. The aftermath triggers seismic shifts in global trade, currency, security, and technology frameworks. The U.S. and Europe witness a rise in protectionist and conflict-driven policies, impacting the competitiveness of European economies.
Rise of the 'Asian Century':
RCEP cements a value chain-oriented integration process for China, Japan, South Korea, Australia, New Zealand, and ASEAN nations. Symbolizes the 'Asian Century,' challenging the economic competitiveness of the Atlantic Alliance. Aims to reduce trade barriers and promote economic integration among member countries.
Impact on China's Influence:
Strengthens China's economic influence in the region. Positions China as a significant player in shaping regional trade and diplomacy. Provides a substantial geo-economic leverage, marking a significant development in the global economic landscape.
#China #RCEP #Asia
The Regional Comprehensive Economic Partnership Agreement (RCEP) has emerged as a transformative agreement, reshaping economic balances worldwide, particularly in the Asia-Pacific region.
RCEP Overview:
Signed in 2020 and effective since January 2022.
Encompasses 15 countries in the Asia-Pacific, making it the world's largest trade pact. Positioned as the largest Trading Bloc and Mega-Regional Trade Agreement globally.
Global Economic Competition:
RCEP becomes a pivotal element in the global economic rivalry between the United States and China. Dynamics between these economic giants continue to shape international relations, trade policies, and regional alliances.
Geopolitical Shifts:
Amid the Russia-Ukraine conflict, a global struggle for dominance and hegemony unfolds. The aftermath triggers seismic shifts in global trade, currency, security, and technology frameworks. The U.S. and Europe witness a rise in protectionist and conflict-driven policies, impacting the competitiveness of European economies.
Rise of the 'Asian Century':
RCEP cements a value chain-oriented integration process for China, Japan, South Korea, Australia, New Zealand, and ASEAN nations. Symbolizes the 'Asian Century,' challenging the economic competitiveness of the Atlantic Alliance. Aims to reduce trade barriers and promote economic integration among member countries.
Impact on China's Influence:
Strengthens China's economic influence in the region. Positions China as a significant player in shaping regional trade and diplomacy. Provides a substantial geo-economic leverage, marking a significant development in the global economic landscape.
#China #RCEP #Asia
