Blockchain Research

May

Crypto is making inroads in the Philippines

The Philippines is taking a different approach to crypto than many other Asian countries, most notably in a tentative acceptance of the use of decentralized digital currencies for payments. Thailand, Vietnam and Indonesia have all banned crypto for payments outright, while Singapore has licensed just a handful of companies to…

Apr

Blockchain Research

North Korea is stealing massive amounts of crypto

North Korea’s resilience is often surprising to outside observers. After all, Pyongyang is the only communist East Asian country to not formally launch economic reforms. It is impoverished and isolated. Further, U.S.-led sanctions imposed from the mid-2000s have made it harder for North Korea to conduct international trade. However, North…

Apr

Blockchain Research

Why is crypto adoption high in Indonesia?

The use of decentralized virtual currencies is growing expeditiously in Indonesia and Southeast Asia’s largest economy has the highest crypto adoption rate in the world along with Brazil, according to a new study by crypto exchange Gemini published in early April. The report found that 41% of Indonesians aged between…

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