Hong Kong is accelerating efforts to build a regulated digital-asset ecosystem, advancing stablecoin licensing and expanding crypto market infrastructure even as mainland China maintains a strict ban on cryptocurrency activity. Authorities say the initiative is designed as a supervised framework for financial innovation rather than a reversal of Beijing’s policy. The developments were discussed across…
Press Release Toronto, Canada / GlobePRWire / Jan 26, 2026 — Canadian fintech company WELBIT continues to strengthen its international presence as it records growing interest from Asian markets in the first half of 2026. WELBIT is officially registered in Toronto, Canada, and operates within the Canadian legal and regulatory framework. The company conducts its business in a regulated…
Gold Demand in Asia has always carried deep cultural, economic, and emotional significance. Unlike many Western countries, gold in Asia is more than just a financial hedge. It is tied to rituals, religious practices, and social traditions. During major celebrations, families across India, China, Vietnam, and Indonesia engage in festival gold buying as part of…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins a new trading week, ETH is trading close…
Indian Rupee may regain its ground due to expected progress on a US-India trade agreement. USD/INR appreciates due to importer hedging demand and potential RBI dollar-buying interventions. The INR struggles due to improved crude oil prices, driven by OPEC+’s decision to ramp up production more quickly. The Indian Rupee (INR) edges lower against the US…
An XRP Tracker Fund has launched in Asia, opening the floodgates for institutional investors to tap into XRP’s explosive growth and Ripple’s game-changing blockchain strategy. XRP Tracker Fund Goes Live in Asia—Ripple Drives Strategy as Investor and Trusted Advisor Digital asset management firm Hashkey, a major player in Asia’s blockchain investment space, announced a significant…
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Asian equities trades were mixed on Monday. Chinese stocks close sharply higher due to Beijing’s stimulus measures. Nikkei was down over 4.80% after Ishiba won the LDP election. Asian stock markets trade mixed on Monday. The Chinese stocks lead gains on more policy measures in China, while the concerns Japan’s new Prime Minister favores normalizing interest rates…
September 20, 2024September 20, 2024 Princeton Digital Group (PDG), a data centre company based in Singapore, has revealed plans to invest USD 1 billion to expand its capacity to 230 MW in India. The company stated that this investment is part of a USD 5 billion initiative to build…
Asian equities extend rebound ahead of key data Japanese GDP, Aussie jobs and Chinese indicators on the agenda Any upsets could roil the fragile sentiment A cautious rebound for stocks Stock markets in Asia have not been immune to the global selloff in August amid the unwinding of the yen carry trade and renewed fears…