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South East Asia

Vietnam’s crypto adoption: Factors driving growth in Southeast Asia

Vietnam has the highest crypto adoption rate in the world. There are numerous factors driving the trend. ANALYSIS   The Southeast Asian nation of Vietnam now ranks among the top nations adopting cryptocurrencies. Indeed, the country has ranked first on Chainalysis’ Global Crypto Adoption Index for two years in a row. Chainalysis’ research methodology took into account …

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Singapore’s DBS commits to crypto offerings despite slump: report

Singapore’s DBS commits to crypto offerings despite slump: report

Singapore’s largest bank, DBS, aims to expand its cryptocurrency and digital assets offerings to 300,000 new clients in the face of the crypto bear market, according to a Financial Times report on Tuesday. Fast facts In an interview, DBS CEO Piyush Gupta said recent losses incurred by retail investors in the crypto market crash highlight …

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SK Telecom’s Ifland metaverse adds cashable in-app economy

SK Telecom’s Ifland metaverse adds cashable in-app economy

The Ifland metaverse, run by South Korean telecommunications giant SK Telecom (SKT), is allowing users to earn money by hosting meetups in the virtual world, the company announced Monday. Fast facts SKT has adopted an “ifland point” system to usher in its metaverse economy — any Ifland users can earn points by logging in at a …

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