Analysis: Cryptocurrencies

Bank of Canada wants stablecoins to be backed by high-quality liquid assets

The Bank of Canada says regulations on future Canadian stablecoins must ensure they are backed by high-quality liquid assets and be pegged one-to-one to a central bank currency, Governor Tiff Macklem...

Crypto exchange HashKey raises $207 million in Hong Kong IPO

HashKey Group, Hong Kong's largest licensed crypto exchange, has set its initial public offering price at HK$6.68 per share, raising HK$1.61 billion , according to an exchange filing on Tuesday. ...

British regulator kicks off consultation on new crypto rules

British regulator the Financial Conduct Authority launched a wide-ranging consultation on a range of proposed rules for the crypto industry on Tuesday, a day after the government said the industry...

Pakistan to allow Binance to explore 'tokenisation' of up to $2 billion of assets

Pakistan has signed a memorandum of understanding with crypto exchange Binance to explore the tokenisation of up to $2 billion in sovereign bonds, T-bills and commodity reserves to boost liquidity and...

TerraUSD creator Do Kwon sentenced to 15 years over $40 billion crypto collapse

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced on Thursday to 15 years in prison for what a judge called...

Bitcoin's quantum scare: real risk or market overreaction?

As fears of a cryptographic doomsday spread, experts say Bitcoin has decades before quantum computers pose a genuine threat. Still, preparations must begin soon.

Hedge funds and state-backed investors bet on volatility in 2026 

Markets roiled by geopolitical tensions and diverging interest rates present money-making opportunities for the coming year, the heads of hedge funds Man Group and Brevan Howard and the Abu Dhabi...

ProShares withdraws some highly leveraged ETF plans after SEC review halt

ETF provider ProShares has withdrawn its registration request for some highly leveraged exchange-traded funds after receiving a warning letter from the U.S. securities regulator that flagged risk...

EU presents plans to overcome investment hurdles hampering competitiveness

The European Commission proposed measures on Thursday to make the European Union's capital markets more competitive by easing cross-border operations and giving broader oversight to the European...

Strategy vs. Wall Street: the pressure point linking MSTR and bitcoin's future

A 50% collapse in MSTR has exposed the fault line between bitcoin-heavy balance sheets and legacy index rules, putting both the company and BTC's future on trial.

Risk-on, risk-off, risk-on

A look at the day ahead in European and global markets from Rae Wee There have been a couple of instances over the past month where a market rally was abruptly halted by sudden risk...

China's central bank vows crackdown on virtual currency, flags stablecoin concerns

China's central bank reaffirmed its tough stance on virtual currencies on Saturday, warning of a resurgence in speculation and vowing to crack down on illegal activities involving stablecoins. ...

CoinShares pulls plug on select crypto ETFs ahead of US listing

CoinShares filed on Friday to withdraw its plan to launch three exchange-traded funds, as the European cryptocurrency firm plans to focus on higher-margin opportunities ahead of its U.S. listing. ...

Turkmenistan passes law regulating cryptocurrency mining and exchanges

ASHGABAT -Turkmenistan has passed a law legalising and regulating digital assets, including licences for cryptocurrency exchanges and crypto mining companies, state media reported on Friday. ...

From assets to infrastructure: how crypto is quietly going mainstream

New reports from A16z and Coinbase Ventures suggest that RWAs, DeFi, and privacy will be the next growth engines for crypto - and the foundation of its mainstream future.

Strategy soon to be ejected from the MSCI USA and Nasdaq 100?

Strategy. Michael Saylor's company, which built its legend by wrapping bitcoin into a listed stock, is facing an existential test: the cold, procedural threat of being removed from the major indices -...

Bitcoin mining in China rebounds, defying 2021 ban

Bitcoin mining is quietly staging a comeback in China despite being banned four years ago, as individual and corporate miners exploit cheap electricity and a data center boom in some energy-rich...

Money laundering networks lead from Britain to Russia, UK says

LONDON -A billion-dollar money laundering network that operated across Britain bought a controlling stake in a Kyrgyzstani bank to facilitate sanctions evasion and support Russia's war in Ukraine,...

Private credit markets and stablecoins need close monitoring, G20 watchdog tells leaders

LONDON -The boom in private credit markets and stablecoins warrants close monitoring, the Group of 20's financial risk watchdog told leaders ahead of their summit in South Africa. In a...