Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. On Aug. 11, a Chinese individual known only as Mr. Chen was sentenced to nine months in prison after helping his friend, Mr.…

Our weekly roundup of news from East Asia curates the industry’s most important developments. On August 11, a Chinese individual, known only as Mr. Chen, was sentenced to nine months in prison after helping his friend,…

Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese man’s $10M loss as court says Bitcoin lending not protected by law A man in China’s Jiangsu province, identified as…

According to one insider, Chinese police are after Web3 co-founders, not to serve and protect, but for their wallets.  In a recent blog post, Wuwei Liang, the brother of imprisoned CoinXP co-founder Liang Liang, warned…

Chinese blockchain Sputnik’s maiden voyage A Chinese satellite has become the first in the world to carry a blockchain imaging and screening system into orbit.  According to local news outlet Red Star News on July 22,…

Decentralized Web 3 cross-chain router allegedly under control of one-man Imagine a system where all your money is controlled by one man and his family and when there is cause for concern, the propaganda machine…

Chinese president shills CBDCs On July 4, Xinhua News Agency, China’s state broadcaster, published a transcript of President Xi Jinping’s address to the Shanghai Cooperation Organisation Summit (SCO). The SCO is one of…

Hong Kong crypto ETFs’ rise to popularity During a June 28 interview with Hong Kong’s public broadcast agency Radio Television Hong Kong, Peishan Li, chief executive and board member of Hang Seng Investment Management,…

Huobi co-founder sues own company for copyright infringement According to local news reports on June 21, Leon Lin Li, former co-founder of cryptocurrency exchange Huobi Global, has filed a copyright infringement lawsuit…

Hong Kong lays out the red carpet for crypto exchanges While some jurisdictions (cough: America) have adopted a regulation-by-enforcement approach toward crypto, others are doing the opposite. According to a June 15…