Pakistan’s Shift Towards Cryptocurrency Regulation and Potential Introduction of CBDC
On November 4, the State Bank of Pakistan (SBP) outlined a series of policy proposals that could transform the nation’s financial landscape by potentially legalizing cryptocurrencies as legal tender. These…
Indonesia’s INA and Granite Asia Set to Invest $1.2 Billion in Tech
Indonesian sovereign wealth fund INA and Singapore-based venture capital firm Granite Asia have announced plans to invest up to $1.2 billion in Indonesia’s technology sector. The joint investment aims to…
Nvidia and TSMC Gain Market Value in October Amid AI Chip Demand
Nvidia and TSMC saw significant gains in market value in October, driven by sustained demand for artificial intelligence (AI) chips. Nvidia’s market cap surged 9.3% to $3.26 trillion, propelled by…
Yamaha Plans U.S. E-Bike Exit, Slashing Prices to Sell Remaining Inventory
Yamaha Motor Corporation will end its e-bike business in the U.S. by the close of 2024, joining the post-pandemic e-bike market shakeup. The Japanese giant shared the news in a…
Japan Launches World’s First Satellite Made from Wood
The world’s first wooden satellite, LignoSat, developed by Kyoto University and Sumitomo Forestry, launched into space on Tuesday. It marks an early experiment in the use of timber for future…
Chinese Tech Firm DeepRoute.ai Secures $100 Million Investment for Expansion
DeepRoute.ai, a Shenzhen-based autonomous driving tech firm, announced Monday it secured $100 million from a Chinese automaker. The investment aims to accelerate the widespread adoption of its smart driving systems,…
Kraken Debuts Licensed Crypto Derivatives Trading in Australia
Kraken, a leading centralized cryptocurrency exchange, has expanded its international offerings by launching a licensed brokerage service in Australia, tailored for institutional and large-scale investors. This new service is designed…
Foxconn Subsidiary Shunsin Pursues $80 Million Vietnam Investment
Taiwanese electronics giant Foxconn’s subsidiary, Shunsin, is seeking an $80 million investment permit for a new plant in northern Vietnam, according to a document from Vietnam’s environment ministry. The planned…
Vietnam’s Draft Data Law Faces Criticism from U.S. Tech Giants
U.S. tech firms have raised concerns about Vietnam’s proposed law aimed at tightening data protection and restricting data transfers abroad, warning it could hinder the expansion of social media platforms…
Binance Collaborates with Amazon Web Services to Optimize Platform Efficiency
On October 31, Binance unveiled a significant collaboration with Amazon Web Services (AWS) aimed at enhancing the operational efficiency of its platform. This partnership is focused on integrating AWS’s generative…
Global Crypto Regulations Seen Positively by Binance Founder CZ
Changpeng “CZ” Zhao, co-founder and former CEO of Binance, shared his positive outlook on the evolving landscape of global cryptocurrency regulations during his first public appearance since being released from…
Asia Surpasses US in Cryptocurrency Development Talent
Recent data highlights a significant shift in the global cryptocurrency and blockchain landscape, with Asia emerging as the new leader in development talent, surpassing North America. This trend reflects broader…
Victoria Police Harness New Legal Powers for a Significant Cryptocurrency Seizure
In a landmark operation, the Victoria Police department has effectively utilized newly granted legal authorities to confiscate cryptocurrencies worth approximately $142,679. This development follows recent legislative amendments in Victoria, Australia,…
India’s Central Bank Clears Jio Payment Solutions for Digital Payment Services
India’s Jio Payment Solutions, a subsidiary of Mukesh Ambani’s Reliance Group firm Jio Financial Services, has received authorization from the country’s central bank to operate as an online payment aggregator.…
Samsung Prepares Dual Galaxy Z Fold7 Launch for 2025
Samsung is reportedly gearing up to launch two versions of its Galaxy Z Fold7 next year, building anticipation among tech enthusiasts and fans of foldable smartphones. According to GalaxyClub, the…
ByteDance Founder Zhang Yiming Becomes China’s Wealthiest Individual
ByteDance founder Zhang Yiming has claimed the title of China’s wealthiest individual, with a personal fortune reaching $49.3 billion, according to the annual Hurun China Rich List released Tuesday. At…
China Prepares to Launch New Crew to Its Orbiting Space Station Wednesday
China is set to launch its next crewed mission to the Tiangong space station early Wednesday, continuing its stride toward becoming a dominant force in space exploration. The three-member crew—two…
Gemini Gains Preliminary Approval for Crypto Services in Singapore
Gemini, a prominent cryptocurrency exchange, has taken a significant step forward in expanding its global footprint by securing preliminary approval from the Monetary Authority of Singapore (MAS) to operate within…
Indonesia Bans iPhone 16 Sales as Apple Falls Short on Local Investment
Apple’s newest iPhone 16 lineup, the Apple Watch Series 10, and other recently announced devices are now banned from sale in Indonesia after the company failed to meet local investment…
Bitcoin’s Surge to $80K Driven by Positive Derivatives Market Trends
As 2024 winds down, the financial landscape for Bitcoin looks promising, with potential price escalations to over $80,000, spurred by bullish signals from the derivatives markets. Analysts from the crypto…