The Business Times

Wealth

Cryptocurrencies fall as October liquidation shock repels buyers

The central bank will aim to better control financial risks stemming from the real economy, markets, key institutions as well as changes overseas, according to Pan.

PBOC governor warns on stablecoin risks as global anxiety builds

Japan has gradually embraced digital innovation, with the ratio of cashless payments having risen to 42.8% in 2024 from 13.2% in 2010, according to government data.

World’s first yen-pegged stablecoin debuts in Japan

In November 2024, daily trading on Korean crypto exchanges averaged about US$9.4 billion, but volumes have since collapsed.

Crypto traders shun altcoins to open US$800 billion shortfall

JPMorgan CEO Jamie Dimon previously dismissed Bitcoin as a "hyped-up fraud" or a "pet rock".

JPMorgan to allow Bitcoin and Ether as collateral in crypto push

Zhao has been travelling the world promoting the adoption of cryptocurrency in places ranging from Dubai to Pakistan.

Binance founder Zhao wins Trump pardon in latest clemency

In Asia-Pacific markets, exchange operators’ reservations threaten to grind the plans of crypto hoarders to a halt entirely.

Asia’s biggest stock exchanges push back against companies hoarding crypto

The deal is the latest amid a boom in crypto treasury companies with hundreds of entities following in the footsteps of Michael Saylor’s Strategy.

Ripple-tied treasury firm to raise over US$1 billion to go public

Bitcoin set an all-time high of US$126,251 on Oct 6.

Bitcoin extends slide as US$600 billion erased since crypto crash

The BLOOM initiative's members include local banks DBS, OCBC and UOB, as well as crypto exchange Coinbase and XSGD issuer StraitsX.

MAS launches initiative to enable settlement of tokenised bank liabilities, well-regulated stablecoins

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