# Asia Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Asia", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Japan’s LDP Calls For Crypto ETF Framework, Yen Stablecoin Push In New Proposal

Japan's ruling Liberal Democratic Party (LDP) has proposed establishing a legal framework for cryptocurrency-based exchange-traded funds (ETFs) to boost the country's digital asset sector. The party's blockchain promotion panel submitted the proposal to Finance Minister Satsuki Katayama, arguing that crypto ETFs would provide accessible investment options and should be recognized as official financial products. While Japan's Financial Services Agency (FSA) has historically been cautious, recent reports suggest potential regulatory amendments could allow the first crypto ETFs within two years. Separately, the LDP urged the government to promote the use of yen-denominated stablecoins for settlements in Asia, aiming to leverage Japan's upcoming hosting of the Asian Development Bank's annual meeting. Japan's stablecoin regulations, established in 2022, permit issuance only by licensed financial institutions. Recent legal changes have also eased rules for certain foreign trust-backed stablecoins and classified crypto assets as financial instruments.

bitcoinist13h ago

Japan’s LDP Calls For Crypto ETF Framework, Yen Stablecoin Push In New Proposal

bitcoinist13h ago

I've Been a VC in Web3 for Nine Years: Asian Funds Are Experiencing "Hell Mode"

After nine years as a Web3 VC, the author observes a severe downturn in Asia's crypto venture capital scene, with many funds disappearing or pivoting away. The market has cooled dramatically since the 2021-2024 frenzy, leading to fewer deals and active investors. IOSG Ventures, a firm that has endured three market cycles, has adapted its strategy: shifting from 80-90% early-stage investments to a 50% early-stage, 30% post-TGE, and 20% OTC portfolio to find better value and liquidity. The current bear market is described as "hell mode" for Asian funds due to scarce LP capital, forcing extreme precision in targeting only top projects. The author argues the core industry problem has been the disconnect between tokens and real value, where tokens served as fundraising tools without granting holders rights to protocol revenue. A positive shift is emerging where projects like Uniswap and Morpho are programmatically binding token value to protocol profits. Investment focus has moved towards fundamentals: real-yield financial infrastructure (stablecoins, lending) and crypto-native AI infrastructure, while avoiding narrative-driven projects. The conclusion is that true, durable companies are born in pessimistic times when focus shifts to real user needs and sustainable business models. The industry's future will be shaped by those who remain after the泡沫 dissipates.

marsbitYesterday 03:41

I've Been a VC in Web3 for Nine Years: Asian Funds Are Experiencing "Hell Mode"

marsbitYesterday 03:41

IOSG Founder: Please Tell Vitalik the Truth, May the OGs Who Enjoyed the Industry's Dividends Illuminate the Young

**Summary: An Urgent Call for Leadership and Renewal in Web3** In a candid and urgent article, the founder of IOSG Ventures voices deep concerns about the current state and future of the Web3 ecosystem, framing it as a critical turning point. The author's recent experience at a global tech conference highlighted a concerning trend: many former crypto professionals are now rebranding as founders in AI, biotech, and robotics, representing a "great self-rescue" but also a potential exodus. Key problems identified include a broken feedback loop within the ecosystem, a mass departure of developers to AI, and a severe lack of positive societal recognition for Web3, making it difficult for practitioners to take pride in their work. The author expresses worry that Ethereum, despite its foundational role, missed crucial windows for building mainstream applications by over-focusing on technical narratives like ZK and L2 during the last bull market. A significant concern is that **Vitalik Buterin might be living in an information bubble**, shielded from the community's real struggles by those with vested interests, hindering necessary reforms. The piece draws a stark contrast between U.S. and Chinese "OGs" (industry veterans). While many American OGs continue to reinvest their wealth and efforts into building the ecosystem, the author observes that a significant portion of Chinese OGs have cashed out or pivoted to other sectors like AI, leaving the Asian Web3 ecosystem with a severe funding crisis and weakened "blood-making" capacity. The central appeal is a call to action. The author urges **OGs who have benefited from the industry's growth to "light the way" for the next generation** through mentorship, grants, and direct support—not just large investments, but practical help like referrals, mailing list access, or small grants. Buterin is asked to re-engage with the grassroots, break out of his information bubble, and lead the community through this challenging bear market, which is described as the best time to build the next foundational product. For current builders and founders, the advice is to find their "why," build alliances for mutual support, continue learning (including about AI), and maintain personal well-being without letting token prices define self-worth. The author concludes that the industry's survival depends not on any single leader, but on every remaining believer becoming a "lighthouse" to guide others, ensuring the ecosystem has a future worth building for.

链捕手05/22 00:24

IOSG Founder: Please Tell Vitalik the Truth, May the OGs Who Enjoyed the Industry's Dividends Illuminate the Young

链捕手05/22 00:24

The XRP Asian Breakout: Japan And South Korea Lead The Charge

The article "The XRP Asian Breakout: Japan And South Korea Lead The Charge" discusses the growing institutional and retail adoption of XRP in Japan and South Korea. It highlights a key development: SBI Group's reported plan to list a combined Bitcoin and XRP exchange-traded fund (ETF) on the Tokyo Stock Exchange, targeting $32 billion in assets under management, signaling a shift toward treating crypto as serious financial instruments. The piece attributes this regional interest to long-term economic conditions. Japan's decades-long near-zero or negative interest rate environment and South Korea's sluggish local returns created a generation of retail investors seeking alternative assets for yield. This background in retail foreign exchange trading made the transition to crypto, including XRP, a natural step. Fiona Murray, Ripple's APAC VP, notes that in these markets, XRP is increasingly seen as a store of value. The cryptocurrency's appeal is further bolstered by its connections to established institutions like SBI Holdings and its practical utility—offering near-instant settlement and low transaction fees compared to traditional banking. The article concludes that XRP occupies a unique middle ground in Asia, perceived as less speculative than other cryptos due to its institutional ties, while providing a modern alternative to conventional finance.

bitcoinist05/19 05:02

The XRP Asian Breakout: Japan And South Korea Lead The Charge

bitcoinist05/19 05:02

Attracting Global Capital, Asia's New 'Super Cycle' Is Unfolding

Investors are turning to Asia as the next frontier for global equity growth, with a new "super cycle" unfolding across the region. Driven by the AI revolution, Asian markets, particularly South Korea, have seen significant rallies. According to Morgan Stanley analysis, the underlying drivers of Asia's industrial cycle are shifting from traditional sectors like real estate and manufacturing to massive investments in AI infrastructure, energy security and transition, and supply chain resilience. Fixed asset investment in Asia is projected to grow from around $11 trillion in 2025 to $16 trillion by 2030, with a 7% annual growth rate from 2026-2030. The AI wave is a primary catalyst, driving immense capital expenditure for chips, servers, data centers, and power systems. Asia is central to this hardware supply chain. In China, AI investment is focused on building a full-system domestic capability, with the local AI chip market potentially reaching $86 billion by 2030. Beyond AI, China's export story is expanding from EVs and batteries to robotics. The country already captures about half of new global industrial robot demand and over 90% of humanoid robot shipments. This growth phase mirrors the early stages of China's EV export boom. Simultaneously, energy security investments, spurred by AI's massive power needs, are rising, with China benefiting from its leadership in solar, batteries, and EVs. Regional defense spending is also increasing structurally, supporting demand for advanced manufacturing. The main beneficiaries are China, South Korea, and Japan, positioned in core supply chain areas. However, risks remain, including potential overcapacity, profit margin pressures from competition, persistent technological restrictions, geopolitical friction, and workforce displacement due to AI-driven automation. Market volatility is also expected to increase as investor expectations diverge on the realization of these capital investment and export themes.

marsbit05/11 04:18

Attracting Global Capital, Asia's New 'Super Cycle' Is Unfolding

marsbit05/11 04:18

Banking's Breaking Point: Structural Reshaping of Global Bitcoin Adoption from Michael Saylor's Prophecy

Banking's Breaking Point: Structural Reshaping of Global Bitcoin Adoption Through Michael Saylor's Lens In a recent statement, MicroStrategy founder Michael Saylor predicted a wave of imminent adoption announcements regarding Bitcoin from major traditional banks. This forecast is seen as a recognition of the deep, structural shifts occurring within global financial plumbing, rather than mere market hype. The long-standing barriers between crypto and traditional finance are rapidly eroding, propelled initially by the approval of US spot Bitcoin ETFs, which unleashed hundreds of billions in institutional capital. This movement is now spreading globally from North America to Europe, the Middle East, and Asia. In the US, the catalyst is an "assets under management" anxiety. Giants like BlackRock and Fidelity, via their ETFs, have made crypto accessible to traditional brokerage accounts, forcing major banks to build behind-the-scenes infrastructure—as authorized participants, prime brokers, and OTC liquidity providers—or risk losing high-net-worth clients and AUM. Europe's adoption, driven by the clarity of the Markets in Crypto-Assets (MiCA) regulation, focuses on compliance and infrastructure building. Banks like Standard Chartered (with Zodia Custody), BNP Paribas, and Societe Generale are moving into custody, trading, and tokenization, aiming to leverage their established trust and settlement networks for the coming tokenized era. In the Middle East, adoption carries geopolitical and strategic hedging motives. Sovereign wealth funds and local banks in jurisdictions like the UAE are building integrated ecosystems, using Bitcoin as "digital gold" to diversify away from traditional dollar-centric systems amid de-globalization trends. Asia is undergoing a top-down institutional overhaul. Hong Kong approved the region's first spot crypto ETFs, with banks like ZA Bank facilitating fiat rails. Singapore's DBS Bank runs a digital exchange attracting institutional funds, while Japanese giants like SBI Holdings expand through mergers, responding to high retail crypto penetration. Saylor's prediction reflects an irreversible, structural convergence. Global banking's embrace of Bitcoin is being driven by a combination of competitive pressure in the US, regulatory clarity in Europe, sovereign strategy in the Middle East, and institutionalization in Asia, painting a clear picture of widespread, imminent adoption.

marsbit05/08 12:53

Banking's Breaking Point: Structural Reshaping of Global Bitcoin Adoption from Michael Saylor's Prophecy

marsbit05/08 12:53

Circle CEO's Seoul Visit: No Korean Won Stablecoin Issuance, But Met All Major Korean Banks

Circle CEO Jeremy Allaire's recent activities in Seoul indicate a strategic shift for the company, moving away from issuing a Korean won-backed stablecoin and instead focusing on embedding itself as a key infrastructure provider within Korea’s financial and crypto ecosystem. Despite Korea accounting for nearly 30% of global crypto trading volume—with a market characterized by high retail participation and altcoin dominance—Circle has chosen not to compete for the role of stablecoin issuer. Instead, Allaire met with major Korean banks (including Shinhan, KB, and Woori), financial groups, leading exchanges (Upbit, Bithumb, Coinone), and tech firms like Kakao. This approach reflects a broader industry transition: the core of stablecoin competition is shifting from issuance rights to systemic positioning. With Korean regulators still debating whether banks or tech companies should issue stablecoins, Circle is avoiding regulatory uncertainty by strengthening its role as a service and technology partner. The company is deepening integration with trading platforms, building connections, and promoting stablecoin infrastructure. This positions Circle to benefit regardless of which entity eventually issues a won stablecoin. Allaire also noted the potential for a Chinese yuan stablecoin in the next 3–5 years, underscoring a regional trend of stablecoins becoming more regulated and integrated with traditional finance. Ultimately, Circle’s strategy highlights that future influence in the stablecoin market will belong not necessarily to the issuers, but to the foundational infrastructure layers that enable cross-system transactions.

marsbit04/23 01:21

Circle CEO's Seoul Visit: No Korean Won Stablecoin Issuance, But Met All Major Korean Banks

marsbit04/23 01:21

Stables Partners With Mansa to Fix Asia’s Stablecoin Liquidity Gap

Stables, an API-first infrastructure platform, has partnered with settlement infrastructure provider Mansa to address the severe lack of stablecoin connectivity across Asia. Despite the region accounting for 60% of global stablecoin movements, only 1% of local banks support the technology, creating a significant infrastructure gap. The collaboration establishes a dedicated liquidity layer for Stables’ fiat-to-USDT corridor network, enabling fintechs and developers to settle large transactions efficiently and bypass fragmented banking systems. Mansa, which has processed $394 million across over 40 currency corridors since August 2024, will provide the necessary short-term liquidity to ensure stability during volatile periods. Stables’ CEO highlighted that the partnership supplies the deep liquidity required to make USDT a functional tool for large-scale cross-border commerce. The company, which handles over $1.5 billion in annual payment volume, is licensed in Australia, Europe, and Canada, and manages a full-stack compliance solution. This partnership reinforces Stables' role as a key orchestration layer in Asia’s USDT ecosystem.

TheNewsCrypto04/15 17:57

Stables Partners With Mansa to Fix Asia’s Stablecoin Liquidity Gap

TheNewsCrypto04/15 17:57

Crypto Sector Faces Tighter Rules On Hidden Investors In Thailand

Thai's Securities and Exchange Commission has proposed stricter rules requiring regulatory approval not only for direct major shareholders of crypto businesses but also for indirect financial backers, including those providing funding through guarantees or contractual arrangements. The measure aims to prevent capital linked to unlawful activities from entering licensed crypto firms, as part of a broader effort to strengthen anti-money laundering controls in both traditional and digital finance. The proposal, open for public comment until April 22, reflects a regional trend of increased regulatory scrutiny over crypto ownership and funding in Asia.

bitcoinist04/09 08:04

Crypto Sector Faces Tighter Rules On Hidden Investors In Thailand

bitcoinist04/09 08:04

Fed warns of ‘long, painful history’ – Why stablecoin oversight is urgent

Federal Reserve Governor Michael Barr has called for strict stablecoin oversight, citing risks to financial stability and a surge in illicit use. Chainalysis data shows stablecoins now account for 84% of illegal crypto activity, up from 15% in 2020, often facilitating terrorism financing and sanctions evasion. Barr warned that unregulated private money historically caused bank runs, emphasizing the need for tight reserve asset controls, supervision, and liquidity requirements. While illicit activity remains below 1% of all crypto transactions, regulators are advancing the GENIUS Act, aiming for finalized rules by mid-2026. Meanwhile, non-USD stablecoins are growing rapidly, and Asian markets—which drive over 60% of global stablecoin activity—may restrict USD-based options, potentially reshaping the $315 billion market.

ambcrypto04/01 11:09

Fed warns of ‘long, painful history’ – Why stablecoin oversight is urgent

ambcrypto04/01 11:09

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