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StraitsX uses SGD stablecoin to connect AliPay, Grab users
StraitsX, a Singapore startup focused on developing stablecoins, has recently gone live with a Singapore-dollar-linked token that connects AliPay+ users with merchants on Grab.
Liu Tianwei, the co-founder and deputy CEO of StraitsX,…
Stocks, Bonds Gain Ahead of Key US Inflation Print: Markets Wrap
(Bloomberg) -- Wall Street futures edged higher and Treasury yields slipped ahead of crucial inflation data that many investors hope will surprise to the downside, following benign readings in Britain and Tuesday’s lower-than-expected…
Stocks, Bonds Gain as Slower UK Inflation Soothes: Markets Wrap
(Bloomberg) -- European stocks edged higher and bond yields slipped, as an unexpected slowdown in UK inflation followed a benign wholesale price reading in the US, encouraging hopes that price pressures could be starting to recede. Most…
Thailand SEC Considers Direct Bitcoin ETF Approval for Local Exchanges
TLDR
Thailand’s SEC is considering approval for direct Bitcoin ETFs on local exchanges, marking a major shift in the country’s crypto regulation as active trading accounts reach 270,000 in November 2024
SEC Secretary-General…
European Stocks, Bonds Rise as UK Inflation Slows: Markets Wrap
(Bloomberg) -- European stocks edged higher and bond yields slipped as an unexpected slowdown in UK inflation followed a benign wholesale price reading in the US, encouraging hopes that price pressures could be starting to recede. Most…
Southeast Asia’s Fintech Funding Drops
The Southeast Asian fintech ecosystem confronts challenges including waning demand, valuation pressures, and escalating geopolitical risks. However, new data suggests that the region's long-term growth outlook remains cautiously…
Messari Layoffs: New York-Based Crypto Exchange Cuts 15% Workforce as Part of Restructuring, Say…
New York, January 13: Messari, a New York-based cryptocurrency, has reportedly reduced its workforce as part of restructuring its business. The Messari layoffs have affected full-time employees, as the company…
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Payments and cryptocurrency bright spots in 2024 as South-east Asia’s fintech funding falls 23%:…
CEO Neha Singh says that despite challenges such as rising interest rates, the sector’s innovative spirit continued to shinePAYMENTS and cryptocurrency were bright spots for 2024 fintech funding in South-east Asia, reporting growth as…
Asian Stocks Drop, Oil Rises on Russia Sanctions: Markets Wrap
(Bloomberg) -- Stocks slipped in Asia following Friday’s strong US jobs data, while oil climbed to the highest level in more than four months as a fresh wave of US sanctions against Russia threatened to crimp supplies. Most Read from…