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The ParaSwap decentralized exchange (DEX) aggregator has announced the launch of its native cryptocurrency, PSP, on the Ethereum blockchain. Early users will receive 150 million PSP tokens as part of the project’s airdrop, after years of pressure from the crypto community.  The chosen 20,000 ParaSwap accounts will be awarded 150 million tokens, which is 7.5% […]

American-based multinational financial services corporation Mastercard has partnered with crypto asset providers including Hongkong’s crypto firm Amber Group, Thailand’s crypto exchange Bitkub and Australia’s trading platform Coinjar to provide Asia Pacific users with crypto services linked to their digital payment cards.  In a statement released by Mastercard on November 8, this partnership will give cardholders

The Indian Parliament is considering the Cryptocurrency and Regulation of Official Digital Currency Bill that would allow regulated digital asset trading but put a stop to crypto payment and transactions. This means that Indian crypto users would only be able to use their assets like gold, market shares or bonds.  Over the last few days,

Thailand’s oldest banking institution Siam Commercial Bank (SCB) took a step forward into the fintech industry by acquiring 51% or US$535 million worth of controlling stake in local cryptocurrency exchange Bitkub Online.  Following the announcement last November 2, Bitkub Coin, the native coin of the exchange tripled in value from US$0.98 to US$2.67 and has

Kazakhstan’s Ministry of Energy drafted a new regulation on limiting crypto mining operations. This will require crypto miners in the country to limit each transaction to 1 megawatt (MW) over the span of two years. The draft also limits each consumer’s digital mining activities to not exceed 100 MW within the country’s borders. The draft

Digital banking technology company Technisys announced on its website on Thursday, November 4, that it will be working with cryptocurrency exchange Okcoin to help traditional banks expand cryptocurrency services to its clients. The move will enable financial institutions to improve customer experience and generate revenue.  CEO of Technisys Mike Santos commented on this new decision.

Popular fast-food restaurant Burger King is teaming up with crypto platform Robinhood to reward free cryptocurrency to its customers. Made possible by the Royal Perks loyalty program at Burger King, participants are given the chance to win free Bitcoin, Ethereum and Dogecoin depending on the random prize generated.  The lucky winners have a chance to

Singapore joins the crypto movement and aims to become the central hub for all things cryptocurrency. In an interview with Bloomberg Daybreak Asia, Monetary Authority of Singapore (MAS) managing director Ravi Menon discussed the role of Singapore in the future of cryptocurrency.  Menon talked about how Singapore is taking further steps to welcome the use

American commerce service provider OLB Group announced on their page, Tuesday, November 2, 2021, that it will start processing Mastercard Bitcoin payments. The company stated in an announcement that merchants utilising OLB Group’s OmniSoft and SecurePay can instantly activate Mastercard cryptocurrency transactions. Chief executive officer for the OLB Group, Ronny Yakov expressed his thoughts on

Floki Inu, a digital currency named after Elon Musk’s dog, has begun a huge ad campaign on London’s public transportation system. ‘Missed Doge? Get Floki’ is the slogan used in the ad. As per Floki’s head of marketing under the alias Sabre, the goal of the branding effort is to legitimize the currency and create