Categories: ASIA
China's Z-Image Dethrones Flux as King of AI Art—And Your Potato PC Can Run It
China's Z-Image model has emerged as a dominant force in the AI art landscape, surpassing the capabilities of Flux2. Notably, Z-Image can operate effectively on hardware from…
12/2/2025 1 min read
ASIA #ASIA #ARTIFICIAL INTELLIGENCE
Japan government backs 20% tax on crypto profits, on par with stocks
Japan has announced a significant reform in its approach to cryptocurrency taxation. The government has decided to implement a flat tax rate of 20% on profits from crypto…
12/2/2025 1 min read
ASIA #ASIA #REGULATION
Airwallex Faces China Backdoor Allegations From Prominent VC
Airwallex, a fintech unicorn, is facing serious allegations from prominent investor Keith Rabois. He claims that the company's structure allows the Chinese government potential…
12/1/2025 1 min read
ASIA #ASIA #BUSINESS #FORBES DIGITAL ASSETS
Ripple Can Now Offer Wider XRP, RLUSD Services After Singapore Regulator Approval
Ripple has received approval from Singapore regulators, allowing the company to expand its offerings of token-based settlement and payment services. This development is…
12/1/2025 1 min read
ASIA #ASIA #XRP #POLICY
HashKey edges toward Hong Kong listing while China chills stablecoin plans
HashKey Holdings is moving closer to a significant initial public offering (IPO) as the Hong Kong Stock Exchange (HKEX) has released a post-hearing information pack for the…
12/1/2025 1 min read
ASIA #ASIA #EXCHANGE
Ripple Labs gets nod to expand payment activities in Singapore
Ripple Labs has received approval to broaden its payment activities in Singapore, marking a significant step in its expansion strategy. This development comes alongside Ripple's…
12/1/2025 1 min read
ASIA #ASIA #BUSINESS
Crypto industry pledges over $3M to victims of Hong Kong’s deadliest fire in decades
The crypto industry has come together to support the victims of a catastrophic fire in Hong Kong, which has been described as the city's most devastating in 80 years. This tragic…
11/29/2025 1 min read
ASIA #ASIA
South Korea targets sub-$680 crypto transfers in sweeping AML crackdown
South Korea has initiated a significant overhaul of its anti-money laundering (AML) regulations, targeting cryptocurrency transactions below a specific threshold. This move is…
11/28/2025 1 min read
ASIA #ASIA
Justin Sun Doubles Down on First Digital Trust Fraud Allegations, Urges H.K. Regulators to Act
Justin Sun has reiterated his allegations against First Digital Trust (FDT), claiming that the company has taken advantage of weaknesses in Hong Kong's trust company regulations.…
11/27/2025 1 min read
ASIA #ASIA #REGULATION #TUSD
South Korea's Top Crypto Exchange to Be Absorbed By Tech Giant in $10.3 Billion Deal
A significant merger is on the horizon in South Korea's crypto landscape, as Dunamu, the owner of Upbit, is set to be absorbed by the payments giant Naver in a deal valued at…
11/26/2025 1 min read
ASIA #ASIA #BUSINESS #EXCHANGE
South Korea stablecoin framework stalls as regulators split over banks’ role
The development of a stablecoin framework in South Korea is facing delays due to disagreements among regulators and the Bank of Korea regarding the role of banks in issuing…
11/26/2025 1 min read
ASIA #ASIA #FIAT
Grab deepens stablecoin push with StraitsX Web3 wallet and settlements
Grab, a prominent Southeast Asian super app, has solidified its commitment to stablecoins through a memorandum of understanding (MOU) with StraitsX. This partnership marks a…
11/18/2025 1 min read
ASIA #ASIA