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According to Statistics Korea, online purchases totalled 192.9 trillion won ($160 billion) in 2021, up 21% from the year before
Officials said that even investments in equity and debt instruments on stock exchanges which create value for the economy involve a levy
Wormhole, a DeFi platform that said $320 million in ether tokens had been stolen by hackers, put out a notice late on Thursday to say all tokens and funds were 'safe'
The German group, whose biggest customers are carmakers, also raised its revenue guidance for the current fiscal year to 13 billion euros
Ahead of a visit to Beijing, he said there were "substantial" financial, industrial, technological and human resource opportunities for Russia and China
Australian gaming firm Aristocrat needed approval from 75% Playtech shareholders, but less than 55% of votes were cast in favour of deal
The value sent to NFT marketplaces by illicit addresses jumped significantly in the third quarter of 2021, crossing $1 million worth of crypto
The US chip firm forecast second-quarter revenue between $10.2 billion and $11 billion, above analysts' estimates of $9.6 billion
Vijay Naik was abducted in the city of Pune on January 14 and told to hand over his digital fortune, along with 800,000 rupees in cash
The launch “would give great comfort and trust in the use of digital currency", a former executive director at the Reserve Bank of India said
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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