Asia Market Daily
A daily brief on key market signals from Asia, covering crypto, regulation, exchanges, stablecoins, funding, and selected AI developments.
15Followers82Articles
Asia Market Daily: Bitget loses $351.6M in suspected Lazarus Group hot wallet hack (2026/9/25)
Bitget confirms a $351.6 million hot wallet breach linked to North Korea's Lazarus Group, with the exchange's $464 million protection fund set to absorb user losses. Binance records its largest BTC outflow since 2023 as FOMO-driven accumulation intensifies, while Iran signals willingness to reopen the Strait of Hormuz within a week.
Asia Market Daily
Asia Market Daily: HKMA's digital asset platform to support CBDC settlement as Hong Kong opens RMB stock channel (2026/9/24)
Hong Kong accelerates its tokenization push with a CBDC-ready settlement platform while mainland investors gain direct RMB access to Hong Kong stocks. South Korea's KB Securities partners with Optimism and Securitize for institutional tokenized products. DeepSeek reports annualized revenue above $1 billion ahead of a planned $7.5 billion funding round.
Asia Market Daily
Asia Market Daily: Hong Kong fast-tracks yuan stock trading and CBDC settlement by July (2026/9/24)
Hong Kong will let mainland investors buy stocks directly in yuan before July 1, while its CMU OmniClear platform aims to support CBDC settlement by year-end. Elsewhere, China's central bank signaled coordinated policy easing, DeepSeek revenue topped $1 billion ahead of a major funding round, and Korean brokerage KB Securities joined Optimism to tokenize institutional products.
Asia Market Daily
Asia Market Daily: Hong Kong to fast-track digital asset licensing by early 2026, SFC flags Vebit (2026/9/23)
Hong Kong's new digital asset licensing bill could pass by early 2026 as the SFC adds Vebit to its alert list. Binance research spotlights surging tokenized stock demand in emerging markets, while Bitcoin's rebound tests $87,000 as BCH jumps 31% amid derivatives bets.
Asia Market Daily
Asia Market Daily: Ethereum co-founder Vitalik outlines recursive STARK plan at ETHShanghai (2026/9/22)
ETHShanghai 2026 convenes in Shanghai, featuring Vitalik Buterin's pitch for recursive STARKs to ease quantum-proofing costs. Binance faces a fresh US probe over Iran sanctions compliance, while Alibaba pledges 20GW data center capacity by 2032 and Animoca Brands' reverse-merger listing stalls.
Asia Market Daily
Asia Market Daily: Bitcoin breaks $86,000 as liquidations top $926 million across crypto markets (2026/9/21)
Asia's crypto markets surged as Bitcoin crossed $86,000, triggering $926 million in liquidations, mostly short positions. Alipay restructured around AI agents, while Hana Bank issued Korea's first Euroclear blockchain digital bond and Bank of Korea launched around-the-clock won settlement. Hyperliquid hit record daily active users as its fully diluted valuation eclipsed Nasdaq.
Asia Market Daily
Asia Market Daily: North Korean Hackers Steal $10.7M from 7,000 Wallets via Fake Job Scam (2026/9/20)
North Korean hackers breached over 30,000 devices and drained crypto from more than 7,000 wallets. Vietnam plans to issue its first crypto asset service licenses in 2026. Beijing rolls out a new token factory standard while Chinese chipmaker CXMT begins volume production of fifth-generation DRAM.
Asia Market Daily
Asia Market Daily: Vietnam plans first crypto service licenses in 2026, opening its digital asset market to regulated platforms. (2026/9/19)
Vietnam will issue its first crypto asset service provider licenses in 2026 under a pilot legal framework. Beijing is also accelerating tokenonomy infrastructure while PBOC warns of AI risks to finance. Meanwhile, a major BTC whale entity rotated out of Bitcoin into ETH, and security researchers flagged new malware targeting Asian mobile users.
Asia Market Daily
Asia Market Daily: Bank of Japan raises rates to 31-year high of 1.25% (2026/9/18)
The Bank of Japan hikes rates to 1.25%, its highest in 31 years, with more increases expected. Hong Kong plans a wholesale CBDC for tokenized bond settlement, while SoftBank boosts its Arm-backed loan to $25 billion. South Korea's KOSPI surges nearly 3%, and Upbit delists ICX after a replay attack.
Asia Market Daily
Asia Market Daily: Hong Kong Reveals Tokenized RWA Push and Stablecoin Test in Policy Address (2026/9/17)
Hong Kong's latest policy address maps an aggressive path for tokenized gold, digital bonds, and a landmark test of tokenizing HK$1.3 trillion in Exchange Fund bills. Separately, South Korean police have referred 18 Polymarket users for prosecution, and a former CCB Asia manager admitted to taking USDT bribes in a US$1.6 billion fraud. Bitcoin rebounded above US$76,000 after the Fed's first rate hike in three years.
Asia Market Daily
Asia Market Daily: Arc mainnet launch drives speculative frenzy as trading volume doubles liquidity (2026/9/16)
Arc's mainnet debut sparked a wave of meme coin trading with daily volume exceeding $127 million, more than double on-chain liquidity. Huobi HTX reported spot volume recovering 43% from August lows, while Justin Sun launched an on-chain mathematics prize. Hong Kong unveiled a five-year plan to build a gold-anchored commodity trading ecosystem.
Asia Market Daily
Asia Market Daily: CoinEx winds down orderly liquidation as HK bribery case unfolds (2026/9/15)
CoinEx starts an orderly shutdown with withdrawals open until December 22, while a former CCB Asia manager admits taking over $470,000 in USDT bribes. Jiangsu's securities regulator also warns investors against illegal RWA fundraising schemes, underscoring rising compliance pressure across Asian crypto markets.
Asia Market Daily
Asia Market Daily: Hong Kong elderly investor loses HK$13M in crypto scam as Korean market plunges (2026/9/14)
A 70-year-old Hong Kong resident was defrauded of over HK$13 million through a fake crypto investment app, highlighting a surge in local scams. Meanwhile, South Korea's KOSPI tumbled over 3% amid AI stock weakness, and Binance expanded enterprise payment solutions with on-chain rails. Thailand proposed strict new stablecoin rules, and China's Shanghai regulator encouraged blockchain adoption in tech finance.
Asia Market Daily
Asia Market Daily: Thailand SEC Proposes Strict Stablecoin Limits as Korean Exchanges Extend Trading (2026/9/13)
Thailand's Securities and Exchange Commission drafts stablecoin rules restricting transfers to self-verified accounts with a daily cap of about $150,000 per platform. South Korea's major exchanges prepare to extend trading hours to 8 p.m. starting Monday, testing appetite for longer sessions. Huobi HTX leads global CEX net inflows, while Bitcoin and Ether dip slightly below key levels.
Asia Market Daily
Asia Market Daily: India tokenizes corporate bonds and state assets while HTX tops CEX inflows (2026/9/12)
India's SEBI pilot raised $107M via tokenized bonds, and Maharashtra plans to tokenize power infrastructure. Metaplanet slashed executive rewards by 41%, and HTX led global CEX inflows with $438M in a week.
Asia Market Daily
Industry News
Market Trends
Curated Readings
Subscribe