cryptocurrency
Weekly Global News Wrap: Crypto exchange FTX owes $3.1b to creditors; Deutsche ex-trader sues bank for $150m
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.
Weekly Global News Wrap: Ex-Goldman SEA chairman’s sentencing for 1MDB fiasco delayed; Crypto trader Voyager goes bust
And Credit Suisse names new head of private banking in Switzerland.
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.
SEA banks' more crypto exposure could hit earnings in the long run: Fitch
Banks looking to dab in crypto face operational, reputational, and legal risks.
Singapore bans promotion of cryptocurrency trading in public
The new guidelines instruct against marketing DPT services in public areas.
China mulls adding crypto mining to 'negative list' of industries: report
Industries under the list are deemed off-limits for investments.
Weekly Global News Wrap: Americans miss BNPL payments; Wells Fargo fined $250m
And Mastercard bets on crypto with acquisition of CipherTrace.
Hacker returns $260m of stolen crypto tokens to Poly Network
About $354m in crypto funds, mostly Ethereum tokens, are yet to be returned.
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