Asia's weekly TOP10 crypto news (Aug 26 to Sep 1)
1. Russia to Launch Cryptocurrency Payment and Trading Pilot on September 1 link Russia is set to begin a pilot program for cryptocurrency payments and trading, scheduled to start on September 1. During the testing phase, the country will utilize the National Payment Card System to facilitate exchanges between the ruble and cryptocurrencies. If the trial proves successful, it may pave the way for the Moscow Exchange and the Saint Petersburg Currency Exchange to establish cryptocurrency platforms, allowing the use of any existing cryptocurrencies in the trial. 2. South Korea’s Bitcoin Premium Persists, Exceeding Global Average by 1.52% link According to Bitcoin.com, despite the volatility in the cryptocurrency market, the price of Bitcoin in South Korea continues to maintain a premium. Data shows that while the global Bitcoin price is $59,002, it is quoted at $59,900 on the South Korean exchange Upbit, reflecting a premium rate of 1.52%. Since October 30, 2023, Bitcoin prices in South K...