cryptocurrency

New Business

Macroscope | Central banks forsaking gold for bitcoin would be height of folly

Gold is a marvellously flexible precious metal, commodity or form of money adaptable to different cultures, currencies and ideologies. These…

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New Business

Bybit crypto exchange says mainland Chinese can trade through VPN, but not with yuan

Bybit, a cryptocurrency exchange with Chinese roots that is now one of the world’s largest by trading volume, said mainland…

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New Business

Bitcoin was once dominated by China, but the Trump bump is shifting momentum to US

In August 2012, a young Chinese entrepreneur posted to the online forum BitcoinTalk that he was selling shares in a…

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New Business

China’s money laundering crackdown heightens risk for crypto investors, USDT traders

China is closely monitoring the use of virtual assets in money laundering activities, according to the country’s highest court, in…

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Tech

Web3 firm Animoca Brands trading for as little as a quarter of last valuation

Hong Kong-based blockchain video gaming firm Animoca Brands has seen the value of its shares in secondary market trading shrink…

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New Business

China hogs APAC fintech funds in first half amid global decline, investor caution: KPMG

China was one of the top destinations for fintech investments in Asia-Pacific (APAC) in the first half of the year,…

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New Business

Opinion | How America’s national debt has become the world’s liability

Put in perspective, the size of the global financial system per the Financial Stability Board at the end of 2022…

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Tech

Bitcoin rises above US$20,000 for first time after sustained rally

Leading virtual currency bitcoin on Wednesday traded above US$20,000 for the first time following a sustained run higher in recent…

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Tech

New anti-money-laundering regulations should exclude Hong Kong’s bitcoin ATMs to sustain innovation, says industry body

There are roughly 60 bitcoin automatic teller machines (ATMs) across the city where users can buy and sell bitcoin and…

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Tech

Coinbase to suspend trading in cryptocurrency XRP after US watchdog filed charges against its creator, Ripple

The SEC has charged two Ripple executives for personal gains they received from the offering. Ripple created and sold XRP,…

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