News
Crypto futures ETFs debut in HK (never mind the meltdown)
Two exchange traded funds (ETFs) that track US-listed crypto futures have raised a combined $73.6 million ahead of their debut on the Hong Kong stock exchange. Read more…
fintech
News
G20 seeks consensus on how to regulate crypto
G20 countries are striving to build a policy consensus on crypto assets to inform better global regulation, says India’s federal economic affairs secretary. Read more…
News
FTX founder Bankman-Fried charged with fraud, for starters
US federal prosecutors allege FTX founder and former CEO Sam Bankman-Fried committed fraud and violated campaign finance laws. Additional charges may follow. Read more…
News
Australia’s eAUD pilot has become surprisingly popular
A pilot programme for a digital eAUD currency in Australia has attracted much more interest from industry than expected, says Reserve Bank of Australia. Read more…
News
Bank Indonesia reveals its plans for a digital rupiah
Indonesia’s central bank has unveiled plans for a digital rupiah currency that will use blockchain tech, as the country sees a boom in digital transactions. Read more…
News
BlockFi files for bankruptcy as the latest FTX casualty
Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection after the firm was hurt by exposure to the spectacular collapse of FTX. Read more…
News
Australia’s BNPL sector braces for impact of new regulation
A proposal in Australia to regulate BNPL with the same law that covers credit card and mortgage providers could disrupt a key feature of BNPL’s business model. Read more…
Views
The crypto collapse should be no surprise to anyone
The collapse of FTX and crypto in general should be no surprise to anyone who has paid attention – the sector has shown signs of uncertainty and risk for years. Read more…
News
Crypto platforms to face extra regulatory scrutiny next year
The crash of FTX has injected greater urgency into regulating crypto. Targeting such ‘conglomerate’ platforms will be the focus for 2023, says new IOSCO chair. Read more…
News
Solana is the biggest crypto casualty in FTX drama
Solana, a poster coin of the crypto future lauded by FTX founder Sam Bankman-Fried, has been hit harder than any other major coin by the collapse of FTX. Read more…
Views
Crypto will survive the spectacular crash of FTX
The collapse of FTX is doing further damage to the now very fragile crypto proposition. But once the dust settles, blockchain and crypto will survive. Read more…
News
Indonesia will put OJK in charge of crypto regulation
Indonesia plans to move regulation, supervision and oversight of crypto investments to the Financial Service Authority (OJK) to better protect investors. Read more…
News
Binance agrees to bail out FTX as crypto market flounders
Binance signs a nonbinding agreement to buy the non-US unit of FTX to help cover its “liquidity crunch”, raising fresh concerns among investors about crypto. Read more…
Views
Coinbase must make a better valuation case – but can it?
Cryptocurrency exchanges and banks need to make the investment case on valuation – which is something that Coinbase is still not able to do. Here’s why. Read more…
News
Hong Kong reveals new plans to boost its fintech hub status
Hong Kong proposes allowing retail investors to trade in cryptocurrencies and crypto exchange-traded funds in hopes of rebuilding its fintech hub status. Read more…
Views
BNPL will be huge by 2027 for not-so-good reasons
Deteriorating macro-economic factors may spell rough times ahead for ordinary people, but it will be great for BNPL firms – provided regulators do their job. Read more…
News
Coinbase approved to offer crypto payments in Singapore
Crypto exchange Coinbase said it has received in-principle approval from Monetary Authority of Singapore to offer crypto payment services in the city-state. Read more…
News
SWIFT reveals its blueprint for a global CBDC network
SWIFT lays out its blueprint for a global central bank digital currency (CBDC) network following an 8-month trial with different technologies and currencies. Read more…
News
China completes cross-border trial of its digital currency
The Bank for International Settlements says it has completed a CBDC trial focused on cross-border transactions between China, Hong Kong, Thailand and the UAE. Read more…
Views
Ethereum Merge leaves miners stuck with $10b of useless gear
Crypto miners rendered homeless by the Ethereum ‘Merge’ find themselves saddled with around $10 billion of equipment now looking for something to do. Read more…