Enjin Legal Team Nominated for Top Honors at ALB Southeast Asia Law Awards

Learn more about Enjin's legal team's recognition at the ALB South East Asia Law Awards 2024.

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China’s Capital Quietly Backs up Hong Kong’s Crypto Hub Ambitions

According to reports, the Chinese government subtly supports Hong Kong’s vision of becoming a cryptocurrency powerhouse. The support contrasts with the mainland’s strict anti-crypto stance. [...]

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Enjin’s Isabel Guidote Named Fintech Lawyer of the Year at Asian Legal Business Philippine Law Awards 2022

Enjin's Isabel Guidote, Fintech Lawyer of the Year at the Asian Legal Business Philippine Law Awards, shares advice for aspiring web3 lawyers.

The post Enjin’s Isabel Guidote Named Fintech Lawyer of the Year at Asian Legal Business Philippine Law Awards 2022 appeared first on BitPinas.

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China floats idea of 'Asian yuan' to reduce reliance on US dollar

The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business.

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BSP Wants Better Surveillance of Blockchain and Crypto Companies – ADB Report

The BSP wants to better track and monitor blockchain and crypto companies according to Asian Development Bank.

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Why Are Asian Wealth Managers Wary of Digital Assets?

Despite growing demand for digital assets in Asia and around the world, wealth managers in the region are being extra cautious about offering such products to their wealthy clients, a survey by Accenture has revealed.

Continue reading Why Are Asian Wealth Managers Wary of Digital Assets? at DailyCoin.com.

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BRICS, Eurasian Economic Union, SCO Members Plan to Discuss Forming an Extensive Alliance

In four days, representatives from the BRICS nations and the Eurasian Economic Union free trade group are set to convene to explore the possibility of integration with the Shanghai Cooperation Organization (SCO), as revealed by a recent russia-briefing.com report. The report emphasizes the formation of a vast Eurasian regional alliance that excludes Western involvement, with [...]

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US Dollar’s Importance Declining in International Transactions and as Reserve Currency, Economist Says

A Canadian economist and professor at the University of British Columbia says the role of the U.S. dollar in international trade and as a reserve currency has been declining. “Other currencies have been getting more important in international transactions and as reserve currencies,” he stressed. Economist Highlights Rising De-Dollarization Trend Canadian economist James Brander shared [...]

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10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies

The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. This move will help them reduce their reliance on the U.S. [...]

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AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets

A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that the new funds would be used to expand into the largest Asian markets, and the company [...]

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At 33, Enjin Young Lawyer Named in Prestigious ALB Asia 40 Under 40 List

Atty. Isabel Guidote-Pangalangan also appeared in Enjins 2023 Cursed Machines NFT collection as Nexara: Sovereign of the Blockchain.

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Enjin Ecosystem Lawyer Nominated for Multiple ALB Law Awards Honors

Their nominations show that legal teams in the crypto industry are serious about adhering to the countrys laws and regulations.

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Philippines Climbs to Second Spot in Southeast Asian Crypto Interest

The latest report from CoinGecko reveals the Philippines trails just behind Singapore in crypto interest among Southeast Asian nations.

The post Philippines Climbs to Second Spot in Southeast Asian Crypto Interest appeared first on BitPinas.

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Bitcoin Supply Is Moving From American Holders To Asian Wallets: Glassnode

Data from Glassnode reveals the Bitcoin supply has been observing a shift from wallets based in America to those in Asia recently. Bitcoin Supplies Held By Asian And US Investors Have Gone Opposite Ways Recently According to data from the on-chain analytics firm Glassnode, an interesting dichotomy has formed between the different regional supplies of [...]

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Conflux to Deploy Uniswap v3 on Its Blockchain

Conflux plans to deploy Uniswap v3 on its blockchain, which would offer access to millions of potential new users, particularly in China and Asian markets. This comes days after the Uniswap v3 code license expired, allowing developers to fork the protocol and deploy their own decentralized exchange. Conflux has a market capitalization of nearly $1 billion and has $45 million in total value locked on-chain. The network also announced a partnership with China Telecom to develop a blockchain SIM card. (Read More)

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Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March, Saudi Arabia’s Cabinet approved the decision to become a dialogue partner. The Cabinet’s decision [...]

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Asian Economies Could Benefit From Reduced Dollar Influence, Says Devere CEO

The CEO of asset management firm Devere Group says the world is shifting “away from a dollar-dominated financial system.” Emphasizing that a shift away from U.S. dollar influence “could have positive implications for Asian economies,” he described: “With the dollar losing its stranglehold, Asian economies would also likely experience a diversification of reserve currencies, paving [...]

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China and Malaysia discuss Asian Monetary Fund

China and Malaysia are discussing the creation of an Asian Monetary Fund as a way to move away from U.S. dollar hegemony. The fund was proposed at a forum in Hainan, China, and Malaysian Prime Minister Anwar Ibrahim has stated that China is open to the proposal. (Read More)

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Malaysia enlists China to help end USD dependence for trade

More proposals and currency concepts are emerging as Asia ramps up its efforts to distance itself from U.S. dollar hegemony.

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