What’s in store for crypto’s future after the FTX debacle

Asian Banking & Finance spoke with industry experts and crypto leaders to learn how the exchange's bankruptcy affected the industry.

FTX-tied assets of Singapore users not protected by MAS: statement

FTX is not licensed by MAS, operates offshore, and did not actively solicit Singaporeans, the central bank said.

Wong says SG had plans to tighten rules on crypto even before FTX bankruptcy

Singapore is open to digital innovation but not crypto speculation.

Weekly Global News Wrap: Crypto exchange FTX owes $3.1b to creditors; Deutsche ex-trader sues bank for $150m

And Italy’s UniCredit gives German staff bonuses up to 2,500 euros for inflation.

Tokenised assets, stable coins central to Singapore’s crypto hub ambitions

Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.

Central bank proposes to regulate stablecoins, add rules for DPT providers

It seeks to prevent consumer harm from cryptocurrency trading.

Does the future of banking lie in the metaverse?

Virtual reality may be the answer to more digitally optimized financial services that does not sacrifice personalisation.

Thailand’s SCBX scraps $500m deal for crypto exchange Bitkub: report

SCBX said that Bitkub needs time to fix its issues with the local regulator.

Singapore’s Blockchain & Crypto startups capture most seed investments in H1

This is despite MAS moving to tighten retail investors’ access to crypto.

Weekly Global News Wrap: US banks’ profits to fall; Crypto lender Celsius goes bankrupt

And UBS appoints Iqbal Khan as head of its wealth management division.

Investment to Singapore fintechs in Q2 down 55% from Q1

Blockchain & Crypto firms snagged the lion's share of deals, but enthusiasm may wane amidst new regulations.

Why The Crypto Winter Might Mean A Better Future for Crypto

By Sumit Kumar, Managing Director and Partner, Boston Consulting Group

Thailand bars use of cryptos as mode of payment

The government said that digital assets are a threat to the nation’s financial system.

Cryptocurrency in Hong Kong – Regulated or Not

With the second-highest engagement after the United States, Hong Kong continues to be a significant market for cryptocurrency.