News by results: Asia

A majority of fundraising and M&A deals in the cryptocurrency industry are now happening in Asia and Europe, surpassing the previously dominant role of the Americas, according to a new report from PwC.

The Australian Taxation Office (ATO) has reissued a warning to traders to ensure they declare their cryptocurrency profits when reporting their annual revenues. The ATO has warned Aussie crypto traders numerous times in the past but the issue is now reaching fever pitch.

This Pacific Island may get its national cryptocurrency after all. Marshall Islands President Hilda Heine has eked out a no-confidence vote that threatened not only to derail her presidency but also the fate of the Sovereign (SOV), a national cryptocurrency spearheaded by her administration.

Noted Crypto investor Michael Arrington announced in a Friday tweet that his firm Arrington XRP Capital is no longer investing in U.S. token deals. The news comes after the firm received its second subpoena from the SEC. Arrington states that the subpoena was seeking information regarding the firm’s role as an investor in a US based company.

Data indicates that the blockchain job industry has seen a sustained uptrend in Asia, while cryptocurrency-specific applications appear to wax and wane with volatile markets, CNBC reports August 31.

Ethereum Google searches within the United States have more than doubled from 9 to now 20, the highest level since March when eth’s price stood at around $800.

The former CEO in Asia for Jefferies Group LLC, a major global investment banking firm, has joined as head of EOS’ $1 billion venture capital arm effective Thursday, July 5. The news has been revealed in an official announcement from EOS creator Block.one.

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The Singapore Fintech Association (SFA) and the Fintech Association of Japan (FAJ) have signed a Memorandum of Understanding (MOU) in order to collaborate on fintech development, according to a joint press release published on Monday, March 26.

Bitcoin price has declined from $19,000 to $16,390 over the past 24 hours, as the bitcoin dominance index dipped dropped to 47 percent and alternative cryptocurrencies in the market surged in value.