Tag Archives: Laos

When large crypto exchanges or trading companies make a move towards other regions, it can signal their belief in engaged future users who will boost both crypto adoption and the company’ own performance in these places. To that end, one Thailand-based crypto exchange has its eye on a very specific set of nations. Not soContinue reading “Thai exchange Bitkub looking for markets without ‘clear winner’ for crypto expansion”

One relatively more affordable place to mine Bitcoin in Asia (excluding China) is Laos, thanks to its hydroelectric potential and electricity prices. What’s more, the landlocked country with a population of 7,416,475 seems to be realizing this too. However, both investors and policymakers might wonder if this is a realistic goal. Billions and trillions With sixContinue reading “Laos expects crypto mining to deliver these gains”

CBDCs are not only related to finance but diplomacy as well. With China now incentivizing users to pay with its digital renminbi [RMB] and South Korea also looking into a digital won, Japan has little choice but to examine its own readiness for a CBDC. On 15 October, Uchida Shinichi, Executive Director of the Bank of Japan,Continue reading “Why Japan ‘currently has no plan to issue CBDC’”

Though landlocked, Laos is famous for its splendid waterfalls and consequently, its hydroelectric potential. Last month, the Laotian government shifted its stance, allowing six companies to mine and trade Bitcoin in the country. What’s more, Laos has also been looking into digital currencies with the help of a Japanese fintech startup. Recently, the Bank ofContinue reading “Laos considers own digital currency, initiates joint-study with Japan fintech startup”