- Anndy Lian analyzes Southeast Asia's evolving crypto regulations, noting a shift from broad adoption to sharp fragmentation across ASEAN, where Singapore offers 0% capital gains tax with transparency rules and Thailand provides exemptions for licensed trades until 2029, while Indonesia and Vietnam levy transaction taxes that risk pushing liquidity elsewhere.
- The regulatory patchwork raises compliance costs for Web3 startups through licensing hurdles, shifting tax rules, and multi-country legal needs, turning regulatory navigation into a major capital expense that disadvantages smaller experimental projects.
- Lian argues this structure challenges financial inclusion by taxing micro-transactions like remittances and gaming rewards in developing markets, while recommending builders use multi-jurisdictional setups—anchoring capital in Singapore and capturing volume in Thailand—to turn diversity into a competitive edge.
BLOCKCAST.CC NEWS retweeted
I support Binance by trading with them.
Give constructive criticism.
Give reasonable feedbacks.
Just some recent examples.
1/ Assurance of user funds are safe after the hack- super good
2/ Heyi with pregnancy, is working around the clock- admire her dedication
3/ Communications and crisis management for hack- not great, especially the single laptop statement is not necessary if not confirmed
4/ Binance 100 Award is not an award. Not to recognised people who contribute to the industry. - bad and meaningless if award is by vote only
5/ SpaceX in billions threat. Pure over read the situation. This was clarified by both Cz and Yi- good comms
By having the balance, it’s a win-win for the industry.
BLOCKCAST.CC NEWS retweeted
5/ The region is now a sophisticated, fragmented institutional frontier. Winners need agile legal and financial frameworks and multi-jurisdictional architecture. Teams should anchor capital in Singapore, capture retail volume via Thailand, and absorb Indonesia’s transaction-tax friction. Regulatory diversity is permanent; structural compliance is the key competitive advantage.
securities.io/southeast-asia…
BLOCKCAST.CC NEWS retweeted
3/ Compliance burden rises. Startups face VASP license moratoriums, shifting tax definitions, mining fee structures, and legal grey zones. Launching across ASEAN requires multi-jurisdiction legal architecture. Compliance is now primary capital expenditure; low-budget experimental dApps are no longer viable.
4/ Financial inclusion is undermined. Gross turnover taxes hurt micro-transactions, remittances, Web3 gaming rewards, and P2P micro-loans. Wealthy hubs treat crypto as a legitimate asset class. Developing economies with heavy taxes push underbanked users toward expensive banks or risky P2P markets.
BLOCKCAST.CC NEWS retweeted
1/ Southeast Asia Web3 is no longer monolithic hyper-adoption. Regulatory ambiguity is gone, but ASEAN nations diverge sharply, creating fragmented rules. Builders face tax arbitrage and complex compliance across borders, not simple growth capture.
2/ Two tax camps emerge. Singapore and Thailand use incentives: Singapore offers 0% capital gains with CARF transparency; Thailand exempts SEC-licensed trades until 2029. Indonesia and Vietnam tax gross transactions, at 0.21%/1.00% and 0.1%, risking liquidity migration to Malaysia.
•@SuiNetwork’s post recaps the latest ecosystem progress on the high-performance Sui blockchain, highlighting adoption in new markets and DeFi/RWA innovations as of late October 2026.
•Key updates include MercadoBitcoin supporting $SUI and stablecoin transfers for its 4.5M Brazilian users, XAUa gold token going live on Sui via Permissioned Asset Standard with physical redemption, and Slush Wallet enabling stablecoin payments for all gas fees plus an Address Book feature.
•Other developments feature NAVI’s first EVM vault for seamless USDC yields, Z Points buyback program on ZO perps, AI agents trading BTC predictions on DeepBook, Haedal Lending Vault exceeding $7M liquidity, and a Walrus AI chatbot contest win.
Sui enters Brazil, Hong Kong-regulated gold went onchain, and stablecoins can now pay all gas fees in Slush.
Here's your weekly recap of core developments across the Sui ecosystem:
• @MercadoBitcoin is the first Brazilian exchange to support Sui transfers. Its 4.5M clients can now buy, sell, send, and receive $SUI, $USDC, and $USDsui.
• XAUa, the Hong Kong-regulated gold token from @AlphaTokenHQ, is live on Sui, minted with the Permissioned Asset Standard (PAS). @realtbook's vault mints it, and each token is redeemable for physical gold held in LBMA-certified vaults.
• @SlushWallet now takes network fees in stablecoins across the whole wallet, including swaps, staking, deposits, and withdrawals. It also added an Address Book for saved contacts, recent addresses, and SuiNS names.
• @navi_protocol opened its first EVM vault, built on @lagoon_finance infrastructure. Deposit native USDC on Ethereum and earn with NAVI USDC Prime on Sui, without a new wallet.
• @zofaiperps launched Z Points, an onchain points program backed by trading fees. 90% of fees go to a weekly buyback, and points sell back for SUI based on your referral activity. The first epoch began Oct 30.
• Through @yosuku0, AI agents can trade Bitcoin predictions on DeepBook Predict for you. You approve once and set the limits, and Sui enforces them.
• @HaedalProtocol's Lending Vault crossed $7M in liquidity.
• @inspikalu took first place in @WalrusProtocol Session 8: Chatbots That Remember with Playbook, a chatbot that remembers your limits, best settings, and what already failed.
Have a great weekend, and keep shipping on Sui.
CFTC Chair Michael Selig is pushing a voluntary federal registration option for crypto exchanges offering margin and leverage trading, directly linking it to the $6.3 billion Binance hack on 29 October 2026 as proof of risks in unregulated offshore platforms.
US BTC ETFs saw $643M in net outflows on 30 Oct 2026, the largest single-day withdrawal since June, led by BlackRock’s IBIT (-$234M) and Fidelity’s FBTC (-$201M).
BTC price hovered near $77,000 at the time, down from October highs above $84,000, with ETFs holding about $98B in total assets after recent volatility.
Outflows reverse a brief inflow streak earlier in the week, reflecting possible profit-taking or caution as monthly flows turned negative.
BLOCKCAST.CC NEWS retweeted
It’s stupid to compare the $6b to robbing a bank.
Most banks won’t even have $100m cash for you to rob on the spot.
If it’s in $20, how to carry 5000kg of paper out? 😂
BLOCKCAST.CC NEWS retweeted
I am so sick of seeing news on hack, Binance, CZ, $6 billion on my timeline.
Share some new tech development or funny memes below please 🙏
BLOCKCAST.CC NEWS retweeted
Binance hacked situation is just the beginning.
More of such will happen.
AI gives power to the good and bad actors.
AI makes the market 24/7.
This means you need to defend 24/7/365.
Ethena deposited 128.63M $ENA (~$24M) to Binance in multiple transfers over 8 hours, as shown in Arkham explorer data from Coinbase Prime custody.
The deposit aligns with Binance’s post-hack recovery, where 217.5M ENA were stolen in a recent security breach, prompting OTC and spot market buybacks to restore Proof of Reserves.
Binance has reserved over $6.34B in company and SAFU funds, holding $5B in equivalent assets while sourcing the rest via purchases to compensate users fully.
I want to buy this Trump
mobile phone that was made in USA in China to be my crypto cold wallet.
Can I get it on Temu?









