Crypto & Alternative Assets

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

Crypto market sentiment has turned sour since October, and the resulting bear market has weighed heavily on the sector’s publicly listed firms.

Crypto deals hit a record US$8.6 billion as market strains grow

Crypto-friendly government policies this year from the administration of US President Donald Trump have encouraged more market activity

Yi He is credited with fueling the growth of the Binance-initiated BNB Chain.

Crypto giant Binance appoints co-founder Yi He as co-CEO

She has been co-founder Changpeng Zhao’s partner in business and in life

The digital-assets market remains on shaky ground after a bruising selloff that began in early October, just days after Bitcoin hit a record of over US$126,000.

Bitcoin hits two-week high but crypto sentiment remains fragile

The original cryptocurrency rose as much as 2.5% to about US$93,900, its highest intraday level since Nov 17