PYMNTS-MonitorEdge-May-2024

APAC

Stake CEO: Japan Should Lower Crypto Tax
Stake CEO: Japan Should Lower Crypto Tax
August 08, 2022  |  Cryptocurrency

 Japan should lower corporate taxes on cryptocurrencies to retain its base of entrepreneurs, one of the country’s leading crypto business people said Monday (Aug. 8)....

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Alibaba Gets Closer to U.S. Delisting
Alibaba Gets Closer to U.S. Delisting
July 29, 2022  |  eCommerce

China’s Alibaba is getting closer to being removed from American stock exchanges in response to Beijing’s refusal to let U.S. inspectors examine the company’s audits....

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South Korea’s Crypto ‘Kimchi Premium’ Suspected in $3.4B FX Investigation
South Korea’s Crypto ‘Kimchi Premium’ Suspected in $3.4B FX Investigation
July 28, 2022  |  Cryptocurrency

When people talk about illicit Korean cryptocurrency transactions, people tend to think of North Korean hackers stealing billions in bitcoin to fund the country’s nuclear...

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Thai Crypto Exchange Zipmex Seeks Bankruptcy Protection
Thai Crypto Exchange Zipmex Seeks Bankruptcy Protection
July 28, 2022  |  Cryptocurrency

Zipmex is seeking bankruptcy protection in Singapore, the Thailand-based cryptocurrency exchange said Wednesday (July 27). “This helps protect Zipmex against third-party actions, claims, and proceedings...

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China’s Tencent to Shut Down NFT Platform
China’s Tencent to Shut Down NFT Platform
July 22, 2022  |  Cryptocurrency

China’s Tencent Holdings is preparing to close down its year-old non-fungible token (NFT) platform, an apparent victim of a government ban on secondary digital collectible...

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Sleek Secures Payments License in Singapore
Sleek Secures Payments License in Singapore
July 07, 2022  |  International

FinTech startup Sleek, an all-in-one digital platform for small businesses, was granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS),...

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TikTok Trials eCommerce Offering
TikTok Trials eCommerce Offering
July 01, 2022  |  Social Commerce

TikTok is testing a feed set apart for shopping in a bid to increase revenues for the company’s corporate parent, ByteDance, according to a TechCrunch...

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GetVantage Raises $36M to Grow Revenue-Based Financing Biz
GetVantage Raises $36M to Grow Revenue-Based Financing Biz
June 30, 2022  |  Investments

Alternative revenue-based funding platform GetAdvantage raised $36 million in equity and debt led by DMI Sparkle Fund and Varanium Nexgen Fintech Fund, with Varanium’s partner...

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China’s Tech Industry to Curb Secondary NFT Trading
China’s Tech Industry to Curb Secondary NFT Trading
June 30, 2022  |  NFTs

Dozens of Chinese tech companies have pledged to stop the secondary trading of non-fungible tokens (NFTs). As Reuters reported Thursday (June 30), citing stories in...

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