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Asia

Is South Korea a new epicenter for NFTs?

As the NFT market made headlines on a never-before-seen scale, with notable transactions such as the now-infamous sale of Beeple’s “Everydays The First 5000 Days” work auctioned for a hefty...
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Blockchain based vaccine passport in South Korea soon!

South Korea will introduce blockchain-powered vaccine passports via a smartphone app later this month. South Korea is one of many nations introducing the vaccine certificates that enable cross-border travel while...
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Chinese Tech Firm Meitu Invests $50 million in Bitcoin & Ether

Meitu, a leading Chinese technology company, confirmed recently that it has increased its cryptocurrency portfolio by 386 Bitcoin and 16,000 Ethereum. Meitu’s cryptocurrency assets are currently worth around $90 million...
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China Accounts 65% All Bitcoin Mining: Is It Planning To Halt It ?

Due to its inexpensive electricity, China accounts for about 65 % of all bitcoin mining worldwide, with Inner Mongolia responsible for around 8%. The United States, on the other hand,...
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India Proposes Law To Ban Cryptocurrencies

Since India’s Supreme Court reached a historic judgment in early March last year that effectively removed a two-year ban on cryptocurrency transactions, the country has seen a host of homegrown...
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India Is Exploring Central Bank Digital Currency

On 25 January 2021, The Reserve Bank of India (India’s central bank) said, it is investigating whether it wanted to implement the country’s Central Bank Digital Currency (CBDC) and if...
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Mt.Gox Crypto Exchange Collapse

From 2010-2014 Mt.Gox was where(70%) bitcoin cryptocurrency exchange took place. It was founded by Jed McCaleb in 2010 later to be sold to Mark Karpelès who was CEO from March...
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Why Did The Japanese Yen Perform So Well In 2020?

The Japanese Yen holds the position as the third most traded currency in the world after the U.S Dollar and the Euro. according to multiple sources, including Countries of the...
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United States vs China Currency War

Recently, news has come out of the U.S treasury labelling Switzerland and Vietnam as ‘currency manipulators’, a situation that Fyggex has covered lately in an article (click). This was not...
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10 Years Ups & Downs Of Philippines Peso

The first decade of the millennium marked a period of relative depreciation of the peso. It started in 2000, where the exchange rate was roughly 45 pesos-to-the-dollar, but since 2013...
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