Digital Asset

The global response to the climate crisis is entering a period of transition. For decades, centralized governments and political institutions were viewed as the main drivers of environmental progress. But...

HSBC has expanded its Tokenized Deposit Service to include cross-border transactions and completed its first USD transfer between Hong Kong and Singapore in September. The blockchain-based solution processed the transaction...

A joint US-UK regulatory working group has signaled a unified approach to the future of finance, with a strong emphasis on digital assets.  Following its latest meeting in London on...

The Czech National Bank (CNB) has confirmed that it is assessing Bitcoin as a potential reserve asset, though Governor Aleš Michl has clarified that no immediate plans are in place...

Thailand’s Prime Minister Paetongtarn Shinawatra and Minister of Finance Pichai Chunhavajira have spotted an opportunity for economic growth using Bitcoin. PM Shinawatra announced the government’s decision to allow the use...

Garanti BBVA, Turkey’s fifth-largest bank, is preparing to expand its cryptocurrency offerings in 2025. Following the European Union’s implementation of the Markets in Crypto-Assets (MiCA) regulation, the bank’s crypto custody...

The People’s Bank of China has released its 2024 Financial Stability Report, spotlighting global crypto regulation efforts. The report details that 51 countries and regions have implemented bans on cryptocurrency...

The U.S. Treasury Department, through the Internal Revenue Service (IRS), has finalized regulation integrating decentralized finance (DeFi) platforms into the existing tax framework. In a recent report, the regulatory agency...

South Korea sees a surge in crypto investments. The total number of virtual asset investors is now 15.59 million. This is over 30% of the population. Data from the Bank...

South Korea’s Digital Asset Protection Foundation is now accepting deposits from crypto service providers that have shut down. The foundation recently announced that it has received deposits from five operators:...

Following Donald Trump’s U.S. election victory, debates have intensified around China’s stance on cryptocurrencies. A Hong Kong-based crypto leader, Xiao Feng, suggested that Beijing might reconsider its ban on digital...

Deutsche Bundesbank, Germany’s central bank, has joined Project Guardian, a global initiative led by Singapore’s Monetary Authority (MAS). The project aims to reshape financial markets through asset tokenization and promote...

South Korea, through its Financial Services Commission (FSC), announced that the newly formed Virtual Asset Committee will hold its first meeting on November 6. As an advisory group, the committee...

Ripple CTO David Schwartz, also known as JoelKatz, shared data showing record-high U.S. federal interest payments, which have now surpassed $1 trillion annually. This surge reflects a significant change in...

CryptoQuant CEO Ki Young Ju predicts that Bitcoin will be used as a currency by 2030. He believes this will happen as Bitcoin’s volatility decreases and its ecosystem matures. Ki...

Yuichiro Tamaki, leader of Japan’s Democratic Party for the People (DPP), is advocating for major changes in the nation’s cryptocurrency tax laws ahead of the upcoming general election. His plan...

Binance has expanded its services in West and Central Africa, extending its mobile money payments to six countries, including Benin, Cameroon, Ivory Coast, the Democratic Republic of Congo, Togo, and...

Sean McHugh, a senior official with Dubai’s Virtual Assets Regulatory Authority (VARA), pushed back against the opinion that his agency is taking a “friendlier-than-usual” approach to crypto regulation. He stated...

The Russian State Duma is developing a bill to apply anti-money laundering measures to the digital ruble platform. According to the State Duma Committee on Financial Markets, it is time...

SWIFT will be used by banks across North America, Asia, and Europe to conduct live trials of digital asset and currency transactions. This move signals growing mainstream adoption of digital...

U.S. SEC Commissioner Hester Peirce believes there is vagueness in how the commission defines crypto asset or digital asset securities. Peirce made this point during an interview with the Thinking...

Digital asset investment products recorded $1.2 billion in inflows for the third straight week, according to a CoinShares report. This surge is likely due to expectations of dovish monetary policy...

Dubai’s Virtual Assets Regulatory Authority (VARA) has released new marketing guidelines for virtual asset firms, according to a Bloomberg report. The updated guidelines require stronger disclaimers about the risks of...

Hong Kong’s securities industry saw increased profit in the first half of 2024, according to the Securities and Futures Commission (SFC) report.  Securities dealers and margin financiers posted total net...

The People’s Bank of China (PBoC) and the US Federal Reserve are adding liquidity to the market, increasing hopes for asset price growth. Crypto markets are likely to benefit from...