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Binance Expands Indonesian Crypto Trading with 31 New Pairs

Binance is making a strategic push into one of the world’s most promising cryptocurrency markets, announcing the addition of 31 new trading pairs specifically for Indonesian users. This expansion, rolled out in three waves beginning November 27, enables direct trading between major cryptocurrencies and the Indonesian Rupiah (IDR), eliminating conversion hurdles for local traders. The move comes as Indonesia solidifies its position as the seventh-largest crypto market globally, while Binance simultaneously removes several underperforming trading pairs in its ongoing platform optimization.

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Indonesia Launches CBDC-Backed Digital Bonds as ‘National Stablecoin’

Bank Indonesia is pioneering a new era of digital finance by launching tokenized government bond-backed securities using its digital rupiah CBDC. Governor Perry Warjiyo announced the initiative, describing it as the nation’s ‘stablecoin version.’ This move represents a significant step in Indonesia’s digital financial transformation.

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Kaia & LINE Launch Stablecoin Super-App for 200M Users

Kaia and LINE NEXT have unveiled Project Unify, a stablecoin-powered super-app within LINE Messenger targeting nearly 200 million users across Asia. The platform aims to integrate payments, remittances, and DeFi services while navigating ongoing regulatory challenges. Launch is scheduled for beta later this year with support for multiple regional stablecoins.

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Pundi AI Merges Blockchain & AI for Real-World Utility

Pundi AI is evolving from its roots in crypto payments to become a leader in AI-blockchain convergence. The company has rebranded its Function X blockchain to Pundi AI FX, introducing a ‘tag-to-earn’ model where users annotate data for token rewards. Key initiatives include a decentralized data marketplace, strategic partnerships with AI projects like Flop AI and Swarm, and acceptance into NVIDIA’s Inception Program. Pundi AI’s tokenomics now center its FX token as both a governance and reward asset, while maintaining separation from its payment arm. The company is also onboarding Web2 enterprises and expanding real-world asset integrations, such as Paxos Gold and Indonesian rupiah. With a 2025 roadmap focused on data collaboration, Pundi AI is positioning itself at the forefront of practical AI-blockchain applications.

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Snapdragon Pro Series APAC Grand Finals Achieves Record Mobile Esports Viewership

The Snapdragon Pro Series Season 6 APAC Mobile Challenge Grand Finals set a new record with over 1.16 million peak viewers, surpassing the previous record of 888,710. ONIC Philippines triumphed over ONIC Indonesia, winning $65,000 and a spot in the ESL Snapdragon Pro Series: Mobile Masters 2025. The event showcased the APAC region’s dominance in mobile esports, with significant engagement across platforms like YouTube and TikTok Live.

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Bitget Lists Bluefin in Innovation and DeFi Zone with Special Promotion

Bitget has announced the listing of Bluefin (BLUE) in its Innovation and DeFi Zone, with deposits open now and trading starting on December 31, 2024. Bluefin, a decentralized trading platform on the Sui blockchain, has achieved over $40 billion in trading volume since its launch in September 2023. To celebrate the listing, Bitget is offering a 7-day promotion for users to purchase BLUE with 0% fees using credit or debit cards.

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MEXC Expands Global Reach with Support for 17 New Languages

MEXC, a leading global cryptocurrency exchange, has expanded its language support to 34, adding 17 new languages including Dutch, Bulgarian, and Indonesian. This initiative enhances user experience, accelerates global expansion, and fosters cultural inclusion, aiming to connect investors worldwide to the crypto economy seamlessly. With over 30 million users and a threefold increase in trading volume year-on-year, MEXC continues to prioritize accessibility and innovation in cryptocurrency trading.

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South Korea’s FSC Denies Plans for Corporate Crypto Accounts Roadmap

South Korea’s Financial Services Commission (FSC) has refuted claims of a roadmap for corporate crypto accounts, stating that no decisions have been finalized and discussions are ongoing. Currently, corporations face restrictions on trading cryptocurrencies due to regulations requiring real-name accounts at licensed banks, which are generally not available to them. This has led to a market dominated by retail investors, with South Korea’s crypto trading volume recently surpassing $35 billion in a 24-hour period.

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Chainlink Price Surges Following Major Whale Accumulation of Tokens

Chainlink (LINK) experienced a remarkable 28% price surge, rising from $19 to $24, driven by significant whale activity, including a $6.6 million purchase of 269,861 tokens. With a market cap of $15 billion, LINK outperformed Bitcoin, gaining 126% over the past month, while market sentiment remains positive, with 80% of investors optimistic about its future. Strategic partnerships with major institutions like JPMorgan and Microsoft further bolster its long-term potential.

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Taiwan Stock Market Rises on TSMC’s Strong Earnings Amid Regional Economic Challenges

Taiwan’s stock market surged 2.9%, reaching its highest level since mid-July, driven by TSMC’s strong third-quarter earnings, which bolstered confidence in the economy. In contrast, China faces slow growth due to property sector issues, while other Asian markets also showed gains amid a strengthening US dollar. Investors should watch central bank policies and upcoming economic reports for potential market shifts.

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