SBI Holdings Targets Bitbank: Japan's Crypto Giant Takes Shape
SBI Holdings filed a letter of intent to acquire Bitbank on May 1, 2026. With SBI VC Trade and Bitpoint already in the fold, Japan's largest crypto group is…
Asia
Asia by SpazioCrypto explores the crypto and blockchain ecosystem in China, Japan, South Korea, India, Singapore, and other emerging economies on the continent. It covers technological innovations, government regulations, market trends, local exchanges, and startups, offering a detailed picture of the dynamics that make Asia a central driver of global digital finance.
30 Posts
KBank Drops SWIFT for Ripple: Korea's Cross-Border Bet
KBank, South Korea's exclusive Upbit banking partner, signed with Ripple on April 27, 2026. Phase 2 targets UAE and Thailand corridors using Palisade SaaS.
XRP Enters Payments for 44 Million Rakuten Users
XRP is now spendable at 5 million Japanese stores for 44 million Rakuten Pay users, with $23 billion in loyalty points convertible to crypto. Ripple calls it a historic milestone — and the on-chain data backs it up.
HSBC and Anchorpoint Win Hong Kong's First Stablecoin Licences
Hong Kong's first stablecoin licences went to HSBC and Anchorpoint Financial on April 10, 2026 — just 2 approvals from 36 applications. Here's what this means for global digital finance.
Japan Reclassifies Crypto as Financial Instruments Under FIEA
Japan's Cabinet approved a landmark FIEA amendment on April 10, 2026, reclassifying Bitcoin, Ethereum, and XRP as financial instruments — on par with stocks and bonds. A 20% flat tax and insider trading ban are part of the package. Here's what changes from 2027.
Crisis in Indonesia: 72% of exchanges are loss-making despite 20 million users
Despite more than 20 million crypto users, 72% of licensed exchanges in Indonesia are closing 2025 at a loss. Between stringent regulation, global competition and liquidity flight to foreign platforms, the local ecosystem faces an unprecedented structural crisis.
Breakthrough in South Korea: Companies Will Be Able to Invest in Cryptocurrencies
South Korea lifts 2017 ban: listed companies will be able to invest up to 5 per cent of capital in crypto by the end of 2026.
Singapore does not collapse: strategic reset on luxury and crypto
Singapore is not in decline: amidst tight crypto, growing luxury and select capital, the city-state is implementing a strategic reset.
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