Capital Controls Doom Asia’s Stablecoin Dreams—Except in Hong Kong
Good Morning, Asia. Here's what's making news in the markets:In the lead-up to Seoul's Korea Blockchain Week, discussions about a...
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How the RMB is taking over the dollar’s role in global trade
Add ThinkChina as a preferred sourceRMB internationalisation remains an uphill climb. (SPH Media)(By Caixin journalists Ding Feng, Wang Shiyu, Wang Xiaoqing, Zhang Yuzhe, Liu Ran and Denise...
First-mover advantage key to Hong Kong’s success as multicurrency stablecoin hub, says PwC
Hong Kong has a “huge opportunity” to become a global finance hub for multicurrency stablecoins but being a “first mover”...
China is expanding into digital currencies, hoping to promote use of its ‘people’s money’
BANGKOK (AP) — China has been expanding use of digital currencies as it promotes wider use of its yuan, or...
Art investments gain ground in Hong Kong amid market volatility, global uncertainty
HONG KONG: As Hong Kong’s stock market shows signs of recovery, a new kind of investment is catching the attention...
Netflix-style iQiyi seeks US$300 million for Hong Kong stock market listing, sources say
IQiyi is seeking to raise US$300 million for a listing in Hong Kong this year, potentially becoming the latest US-listed...
Singapore boosts currency market dominance as daily volume jumps 12% to US$1.27 trillion
Singapore’s foreign-exchange market expanded this year, doubling in size over the past four years and widening its lead over Hong...
Trump Threatens BRICS Over Dollar Threat Amid Stablecoin Push | Economy
The comments come amid increasing speculation that the BRICS bloc, recently expanded to include Egypt, Ethiopia, Iran and the UAE,...
ChinaAMC launches world’s first tokenised yuan fund amid Hong Kong stablecoin push
ChinaAMC (HK), the Hong Kong arm of Chinese fund house China Asset Management, launched the world’s first yuan-denominated tokenised fund...
De-dollarisation favours Asian assets despite record US stock run, Societe Generale says
The rotation to emerging markets in Asia that spurred the US dollar’s worst performance in more than five decades will...
