10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies

The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed toencourage the use of local currencies for economic and financial transactions.The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippinen, Singapur,…

Crypto Exchange Bitrue Suffers $23 Million Hack

Singapore-based crypto exchange Bitrue has lost millions of U.S. Dollar’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitwahr…

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments

Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket

Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such asbanking crisis,” “Bankenkollaps,” und “bank failure.”…

Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

Am Dienstag, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 Million. The company’sHashKey Fintech Investment IIIis dedicated to developing crypto solutions, Blockchain-Technologie, and Web3 concepts….

Bericht zeigt, dass Bankman-Frieds Alameda Research bereits von finanziellen Problemen geplagt wurde 2018

Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. jedoch, much of that perception may have been a facade as a recent report details that Alameda suffered

Singapore Seeks to Reduce Risks for Retail Crypto Investors With Restrictive Rules

Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand regulations for stablecoins, will be discussed with the industry before their adoption. Singapore Prepares

Coinbase Receives In-Principle Approval to Provide Crypto Services in Singapore

Singapur’s Zentralbank, die Währungsbehörde von Singapur (ABER), has given Coinbasein-principle approvalallowing the crypto exchange tooffer regulated digital payment token products and services in the island state.Coinbase stressed: “Heute’s announcement underlines our commitment to Singapore as

Singapur bittet vor neuen Vorschriften um detaillierte Informationen von Kryptofirmen, Bericht enthüllt

Die Finanzbehörden in Singapur unternehmen gemeinsam mit dem Stadtstaat Schritte in Richtung einer verstärkten Aufsicht im Krypto-Raum’Berichten zufolge fordert die Zentralbank der USA Unternehmen auf, zusätzliche Informationen über ihre Aktivitäten und Vermögenswerte bereitzustellen. Vor einer möglichen Ausweitung der geltenden Vorschriften, einschließlich des Erwerbs von Bitcoin oder Bitcoin-Mining-Maschinen.…

Krypto-Kreditgeber Hodlnaut pausiert Auszahlungen – Unternehmen zitiert Marktbedingungen, Trotz der jüngsten Krypto-Rallye

Im August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope