cryptocurrencies

SINGAPORE (Dec 7): Cryptocurrencies are a highly speculative and risky investment – although they do have the potential to develop into a new asset class in the future, according to Deutsche Bank Wealth Management, the wealth management unit of German l

SINGAPORE (Nov 27): Changes are afoot in the banking industry amid a proliferation of cryptocurrencies. However, UOB Kay Hian believes the Monetary Authority of Singapore (MAS) is unlikely to pursue policies that will undermine the strong positioning of S

SINGAPORE (Nov 14): The Monetary Authority of Singapore (MAS) will be collaborating with the Massachusetts Institute of Technology (MIT) to help boost Singapore’s fintech talent pool, amid growing regulatory challenges over an industry where the ruleboo

(Nov 2): Visa has approved a prepaid card backed by the cryptocurrency Monaco as the world’s largest payments network continues its foray into digital currencies.

SINGAPORE (Oct 25): Singapore doesn’t plan to regulate cryptocurrencies such as bitcoin, but will remain alert to money laundering and other potential risks stemming from their use, the head of the country’s central bank said.

HONG KONG (Sept 25): In the mid-1990s, Johnson Leung embarked on a career in shipping. In the early 2000s, he moved to finance. And now, he runs a Hong Kong startup that aims to improve how container ships are booked using blockchain technology.

(Sept 11): China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the US$150 billion ($201 billion) cryptocurrency market after the country outlawed initial coin offerings last week.

(Sept 8): Chinese regulators this week dealt a huge blow to the cryptocurrency market after the People’s Bank of China (PBOC) banned initial coin offerings (ICO) and asked all related fundraising activity to be halted immediately.

(Sept 5): Bitcoin tumbled the most since July after China’s central bank said initial coin offerings are illegal and asked all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge so far to the burgeoning mar

(Aug 7): Bitcoin extended gains to a record, ignoring a split in the cryptocurrency over its future.