Crypto & Alternative Assets

Bitcoin’s silent exodus hits crypto as long-time buyers cash out

A report shows that the amount of coin that was unmoved since early 2023 declined by roughly US$140 billion worth

StanChart says that it aims to “set the blueprint” for how commercial banks can help companies move money between traditional bank accounts and modern blockchain networks.

StanChart, Ant International launch blockchain-based tokenised deposits in Singdollar, greenback

The new solution demonstrates how businesses can use blockchain technology to make transactions faster, more secure and more efficient

HashKey's chairman and CEO Xiao Feng speaks at the company's listing ceremony at the Hong Kong Stock Exchange, in Hong Kong on Dec 17.

Top Hong Kong crypto exchange HashKey makes market debut

Authorities move to regulate the fast-evolving industry to stay ahead of rival financial hubs

Tokenisation has been touted as a way to make financial markets faster, cheaper and more transparent.

JPMorgan debuts first money market fund tokenised on Ethereum

MONY, open to qualified investors, allows them to earn a yield while holding the token on the blockchain

At the same time, regulators continue to warn about the risks, including that investors in cryptocurrencies should be prepared to lose all of their money.

UK regulation of cryptoassets to start in October 2027, finance ministry says

Britain has said that it would collaborate with the US on the best approach to digital assets through a “transatlantic task force”

On Nov 18, Malaysia’s national power provider revealed that more than US$1.1 billion of electricity had been stolen by crypto miners between 2020 and August this year.
BT EXPLAINS

From stealing electricity to heat shielding: Why some go to great lengths to mine Bitcoin

In spite of its price swings, the digital currency remains attractive enough for some miners to break the law to obtain it

Bullish Aim, owned by Tunku Ismail Sultan Ibrahim, unveiled a stablecoin called RMJDT pegged to the Malaysian ringgit.

Malaysian royal launches ringgit-backed stablecoin for payments

RMJDT will be issued on Zetrix, a blockchain developed by Malaysian company Zetrix AI

Tokenised assets refer to digital representations of real-world assets or financial assets on the blockchain, a form of digital ledger.

CFTC deepens crypto push with approval of derivatives collateral

The pilot project initiative applies to futures brokers, swap market participants and clearing houses

Altcoins have now shed US$200 billion on paper since the market peaked.

Crypto reels from a US$200 billion crash as casino crowd moves on

Cryptocurrencies beyond Bitcoin have been hit hardest in the market downturn that kicked off in early October

Bitcoin mining in Malaysia is legal as long as operators obtain power properly and pay taxes.

Bitcoin miners hunted after stealing US$1 billion of electricity from Malaysia grid

Cracking down on illegal Bitcoin mining gangs has become a cat-and-mouse game in the country