Cryptocurrencies account for less than 1% of HNW investors portfolio in Asia-Pacific
Alternative investments account for 12% of the high-net worth individuals’ (HNWI) investment portfolio in Asia-Pacific, with cryptocurrencies accounting for a mere 0.7% share, says GlobalData, a leading data and analytics company.
Huobi Thailand shuts down after losing Crypto License
The Securities and Exchange Commission (SEC) said last week that it revoked the firm’s crypto-exchange license last month after it failed to set systems and personnel in accordance with rules and regulations
Will cryptocurrency expansion continue among emerging markets in 2022?
Emerging markets were at the forefront of last year’s massive growth in global cryptocurrency adoption. With this growth widely tipped to continue into 2022, a range of countries will see their crypto markets mature or expand.
Bank of Thailand warns of risks of cyber theft when using cryptocurrencies
The future looks promising for cryptocurrencies in Thailand after Siam Commercial Bank Pcl – Thailand’s oldest private bank- invested 17.85 billion baht ($525 Mln) to buy 51% of Thailand’s leading digital asset exchange, Bitkub Online Co.