{"id":52399,"date":"2025-10-12T11:01:44","date_gmt":"2025-10-12T11:01:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52399"},"modified":"2025-10-12T11:01:44","modified_gmt":"2025-10-12T11:01:44","slug":"this-week-in-crypto-asia-india-pushes-cbdc-china-bets-on-ai-japan-eyes-payments-boom","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52399","title":{"rendered":"This Week In Crypto Asia: India Pushes CBDC, China Bets on AI, Japan Eyes Payments Boom"},"content":{"rendered":"<div>\n<p>In our Crypto Asia News roundup for the week, we see how Asia\u2019s crypto landscape is undergoing a rapid transformation. There is now state-backed innovation happening, strategic partnerships are being made and there is a rising institutional momentum at play. From CBDCs to AI-powered platforms and payment integrations, there is something new happening everyday.<\/p>\n<p>Here\u2019s are the big hitters from this week.<\/p>\n<h2>Crypto News Asia: India Doubles Down On CBDCs<\/h2>\n<p>India is doubling down on its CBDC program and has maintained its tough stance on private cryptocurrencies.<\/p>\n<p>According to a local <a class=\"general-link\" href=\"https:\/\/www.aninews.in\/news\/national\/general-news\/india-to-launch-digital-currency-says-piyush-goyal-discourages-cryptocurrency-not-backed-by-assets20251007012654\/\" target=\"_blank\" rel=\"noopener nofollow\">publication<\/a>, Union Minister Piyush Goyal announced that the Indian government will intensify its efforts around the Reserve Bank of India\u2019s (RBI) Digital Rupee. He cited benefits like faster transactions, reduced paper usage and enhanced traceability for the government\u2019s push for CBDCs in the country.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> RBI Launched Offline Digital Rupees<\/p>\n<p>\u2022 No Internet Needed<br \/>\u2022 No Telecom Connection Needed<\/p>\n<p>Users Can Pay via CBDC With Just a Tap<\/p>\n<p>Going To Be Cheaper and Faster Than UPI<\/p>\n<p>This is The Biggest Payment Revolution in India<\/p>\n<p>\u2014 Ravisutanjani (@Ravisutanjani) <a href=\"https:\/\/twitter.com\/Ravisutanjani\/status\/1976256403162517671?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 9, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The CBDC <a class=\"general-link\" href=\"https:\/\/rbidocs.rbi.org.in\/rdocs\/PublicationReport\/Pdfs\/CONCEPTNOTEACB531172E0B4DFC9A6E506C2C24FFB6.PDF\" target=\"_blank\" rel=\"noopener nofollow\">pilot <\/a>began in late 2022 in India and is seen as a way to modernize payments without embracing decentralized crypto assets.<\/p>\n<p>Goyal reaffirmed that while private cryptocurrencies are not banned in the country, they will continue to be heavily taxed to discourage usage.<\/p>\n<p>Simultaneously, this aligns with India\u2019s broader policy of not granting legitimacy to crypto through regulation. A September government document <a class=\"general-link\" href=\"https:\/\/www.reuters.com\/world\/india\/india-resists-full-crypto-framework-fears-systemic-risks-document-shows-2025-09-10\/\" target=\"_blank\" rel=\"noopener nofollow\">cited <\/a>by Reuters emphasized that regulating crypto would imply formal recognition, which India is keen to avoid.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <\/p>\n<p>India <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f1ee-1f1f3.png\" alt=\"\ud83c\uddee\ud83c\uddf3\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> warns speakers not to mention crypto at Global Fintech Fest 2025.<\/p>\n<p>Crypto &amp; stablecoins were left out of the agenda focus shifted to CBDC, tokenization, and regulated fintech.<\/p>\n<p>Sourcev Reuters <a href=\"https:\/\/t.co\/7XfIoJOY49\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/7XfIoJOY49<\/a><\/p>\n<p>\u2014 Karan Singh Arora (@thisisksa) <a href=\"https:\/\/twitter.com\/thisisksa\/status\/1976530223681429671?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 10, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u00a0<\/p>\n<p>Roadblocks notwithstanding, India remains a global leader in crypto adoption, topping Chainalysis\u2019s <a class=\"general-link\" href=\"https:\/\/www.chainalysis.com\/blog\/2025-global-crypto-adoption-index\/\" target=\"_blank\" rel=\"noopener nofollow\">ranking<\/a> for the second year in a row.<\/p>\n<p>Moreover, India leads in retail, institutional and DeFi activity across the Asia-Pacific region, which brings the disconnect between grassroots crypto enthusiasm and official policy into sharp focus.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top 20 Crypto to Buy in 2025 <\/a><\/strong><\/p>\n<h2>China Raises $11.1 Million To Build A Crypto-AI Investment Platform<\/h2>\n<p>China Financial Leasing Group, listed in Hong-Kong is make a move into the digital asset space. The leasing group <a class=\"general-link\" href=\"https:\/\/www1.hkexnews.hk\/listedco\/listconews\/sehk\/2025\/1005\/2025100500091.pdf\" target=\"_blank\" rel=\"noopener nofollow\">announced <\/a>a $11.1 million share placement to fund the development of a Crypto-AI Investment platform.<\/p>\n<p>The capital required for this venture will come from Innoval Capital, a British Virgin Islands based firm. Moore Xin Jin, CEO of Nasdaq listed Antalpha Platform Holding Company will lead the project.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f1e8-1f1f3.png\" alt=\"\ud83c\udde8\ud83c\uddf3\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> China Financial Leasing Group Raises HK$86.72M.<\/p>\n<p>The firm is placing shares at HK$1.25 to Innoval Capital, with most proceeds earmarked for Web3 and AI investments. <\/p>\n<p>The rest will fund general operations. <a href=\"https:\/\/t.co\/Knv5osCR6l\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/Knv5osCR6l<\/a><\/p>\n<p>\u2014 The Crypto Times (@CryptoTimes_io) <a href=\"https:\/\/twitter.com\/CryptoTimes_io\/status\/1975096146185068719?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 6, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The platform aims to invest in digital assets including stablecoins, BTC, ETH, RWAs, NFTs, DeFi and DePIN. Simultaneously, it aims to integrate AI-driven asset management tools.<\/p>\n<p>Additionally, this initiative is directly in line with Hong Kong\u2019s June 2025 <a class=\"general-link\" href=\"https:\/\/www.info.gov.hk\/gia\/general\/202506\/26\/P2025062600269.htm?fontSize=1\" target=\"_blank\" rel=\"noopener nofollow\">policy statement<\/a> that promoted digital asset innovation and aims for a coordinated push towards becoming Asia\u2019s crypto capital.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f1ed-1f1f0.png\" alt=\"\ud83c\udded\ud83c\uddf0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> HONG KONG NEW <a href=\"https:\/\/twitter.com\/hashtag\/BITCOIN?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">#BITCOIN<\/a> &amp; CRYPTO POLICY IS SET TO LAUNCH IN AUGUST<\/p>\n<p>ASIA IS GETTING READY <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f680.png\" alt=\"\ud83d\ude80\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/iy1Yro3irc\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/iy1Yro3irc<\/a><\/p>\n<p>\u2014 BitcoinConfAsia (@BitcoinConfAsia) <a href=\"https:\/\/twitter.com\/BitcoinConfAsia\/status\/1938225018606936090?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">June 26, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to a\u00a0<a class=\"general-link\" href=\"https:\/\/www1.hkexnews.hk\/listedco\/listconews\/sehk\/2025\/1005\/2025100500091.pdf\" target=\"_blank\" rel=\"noopener nofollow\">filing <\/a>with the Hong Kong Stock Exchange on 5 October 2025, the project will see Innoval Capital acquire 69.38 million new shares at HK$1.25 each, representing 20% of existing share capital and 16.7% of the post-placement base.<\/p>\n<p>China Financial Leasing Group\u2019s stock <a class=\"general-link\" href=\"https:\/\/moneycheck.com\/hong-kongs-china-financial-leasing-group-raises-11m-for-crypto-platform\/\" target=\"_blank\" rel=\"noopener nofollow\">surged <\/a>by more than 25% after this announcement, reflecting a strong market connection with its pivot towards blockchain and AI.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<h2>Bybit Secures UAE\u2019s First Virtual Asset License From SCA<\/h2>\n<p>Crypto exchange, Bybit has received a full operational license from the UAE\u2019s Securities and Commodities Authority (SCA), becoming the first exchange to do so.<\/p>\n<p>With the <a class=\"general-link\" href=\"https:\/\/www.bybit.com\/press\/post\/bybit-secures-uae-s-first-virtual-asset-platform-operator-license-from-securities-and-commodities-authority-blte25e6cd2d822b03a?\" target=\"_blank\" rel=\"noopener nofollow\">license secured<\/a>, Bybit will now be able to offer its virtual asset services across the country.<\/p>\n<p>This license follows Bybit\u2019s earlier <a class=\"general-link\" href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/bybit-secures-uaes-first-virtual-asset-platform-operator-license-from-securities-and-commodities-authority-ccdudnf5#:~:text=Bybit%20initially%20received%20its%20In,in%20navigating%20SCA's%20robust%20framework.\" target=\"_blank\" rel=\"noopener nofollow\">in-principle approval<\/a> (IPA) from the SCA in February 2025, with support from Abu Dhabi\u2019s Blockchain Centre to navigate the rules of the country.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Bybit Secures UAE\u2019s First Virtual Asset Platform Operator License from Securities and Commodities Authority<\/p>\n<p>Ben Zhou, Co-founder and CEO of Bybit, said: \u201cReceiving the full Virtual Asset Platform Operator License from the SCA is a testament to Bybit\u2019s unwavering commitment to\u2026 <a href=\"https:\/\/t.co\/IH5p3GbODz\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/IH5p3GbODz<\/a><\/p>\n<p>\u2014 Bybit (@Bybit_Official) <a href=\"https:\/\/twitter.com\/Bybit_Official\/status\/1976297822103245111?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 9, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As a result, Bybit will now be able to provide brokerage, custody, and trading services for digital assets under the UAE\u2019s federal regulatory framework.<\/p>\n<p>Bybit CEO Ben Zhou stated, \u201cReceiving the full Virtual Asset Platform Operator License from the SCA is a testament to Bybit\u2019s unwavering commitment to building trust through compliance and transparency,\u201d<\/p>\n<p>The exchange has already established its headquarters in Dubai\u2019s DIFC (Dubai International Financial Centre) and this license further cements its role in the region\u2019s evolving crypto landscape.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2>Crypto News Asia: PAYPAY Acquires 40% Of Binance Japan To Fasttrack Cashless Payments<\/h2>\n<p>Japanese mobile payment giant, PayPay, backed by SoftBank has acquired 40% stake in Binance Japan in a bid to integrate crypto into mainstream digital payments.<\/p>\n<p>The aim here is to combine PayPay\u2019s 60 million plus user base with Binance Japan\u2019s crypto infrastructure to accelerate crypto adoption across Japan\u2019s retail and financial sectors.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Softbank &amp; PayPay invests 40% in Binance Japan<a href=\"https:\/\/t.co\/To6pnzeTfm\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/To6pnzeTfm<\/a><\/p>\n<p>\u2014 CZ <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f536.png\" alt=\"\ud83d\udd36\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> BNB (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1976165937146413323?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 9, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The <a class=\"general-link\" href=\"https:\/\/prtimes.jp\/main\/html\/rd\/p\/000000037.000126862.html\" target=\"_blank\" rel=\"noopener nofollow\">partnership<\/a>, announced on 9 October 2025,\u00a0will focus on developing crypto payment solutions, expanding access to digital assets, and leveraging Binance\u2019s global expertise in compliance and trading.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Japan\u2019s digital payments map is redrawing itself \u2014 and this time, it\u2019s not hype, it\u2019s infrastructure.<br \/>A single, interoperable stack is quietly forming:<br \/>Binance \u2192 PayPay \u2192 Netstars \u2192 <a href=\"https:\/\/twitter.com\/search?q=%24NETX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$NETX<\/a><\/p>\n<p>At the surface, the headlines are simple:<br \/>In October, PayPay, Japan\u2019s largest QR payment\u2026 <a href=\"https:\/\/t.co\/yxdqmpkXD2\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/yxdqmpkXD2<\/a><\/p>\n<p>\u2014 NetX Oracle (@NetXOracle) <a href=\"https:\/\/twitter.com\/NetXOracle\/status\/1976201364419011058?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 9, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>It also aligns with Japan\u2019s broader push to become a regional crypto leader, especially as institutional interest and regulatory clarity improve.<\/p>\n<p><strong>EXPORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">9+ Best High-Risk, High-Reward Crypto to Buy in 2025<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        India intensifies CBDC rollout, maintaining high taxes on private cryptocurrencies    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        China Financial Leasing raises $11M to build a Crypto-AI investment platform    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        PayPay acquires 40% of Binance Japan to expand crypto payments across Japan    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-news-asia-crypto-news-asia-india-pushes-cbdc-china-bets-on-ai-japan-eyes-payments-boom\/\">This Week In Crypto Asia: India Pushes CBDC, China Bets on AI, Japan Eyes Payments Boom<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In our Crypto Asia News roundup for the week, we see how Asia\u2019s crypto landscape is undergoing a rapid transformation. There is now state-backed innovation happening, strategic partnerships are being made and there is a rising institutional momentum at play. From CBDCs to AI-powered platforms and payment integrations, there is something new happening everyday. Here\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-52399","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52399"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52399\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}