Asia

Bitcoin Price Dips Below $81,000 as Hotter Inflation, Asian Equity Plunge, and Liquidations Intensify Market Pressure

Bitcoin (BTC) and broader cryptocurrency markets faced renewed selling pressure in mid-October 2026 after US inflation data came in hotter than anticipated, reviving concerns that the Federal Reserve could raise interest rates again at its late-month meeting. September’s Consumer Price Index rose 0.6 percent month-over-month… Read More

UOB and AWS to Explore Hybrid Cloud and AI for ASEAN Region Digital Banking Platforms

United Overseas Bank (UOB) (SGX: U11) and Amazon Web Services (AWS) have entered a memorandum of understanding to jointly examine cloud and artificial intelligence technologies aimed at strengthening the Singapore-based lender’s operations across Southeast Asia. Announced in Singapore on 9 October 2026, the multi-year collaboration… Read More

AI enabled Solo Enterprises are Transforming China’s Startup Ecosystem

China’s entrepreneurial ecosystem is undergoing a rapid transformation driven by artificial intelligence, as ultra-lean “one-person companies” (OPCs) gain institutional support through specialized communities. A survey report released by a research team led by Professor Yao Jianhua at Fudan University’s School of Journalism documents this shift,… Read More

South Korea’s Jeonbuk Bank Begins Bitcoin Backed Corporate Loans as Authorities Block Access to Unregistered Platforms Including KuCoin, MEXC

South Korea’s digital asset sector is seeing two contrasting developments in quick succession. On one side, a regulated bank has launched the country’s first won-denominated loans secured by bitcoin for corporate borrowers. On the other, financial authorities have expanded restrictions on unregistered virtual asset service… Read More

Asian Markets Chip Rout Triggers $800M+ Crypto Liquidations as SanDisk Bets Top XRP; Ex- FTX Miner Raises $894M for AI Pivot

Asian semiconductor stocks tumbled early this week, triggering roughly $800 million in leveraged crypto liquidations, with perpetual futures on SanDisk recording more forced closures than those on XRP. The selloff, concentrated in South Korean names, illustrated how crypto venues have become venues for leveraged bets… Read More

Bitcoin (BTC) Supply Tightens with Steady Exchange Outflows as Conflux Rallies on China Policy and Geopolitical Risks Fuel Crypto Volatility

Cryptocurrency markets are navigating a mix of tightening Bitcoin supply signals, selective altcoin strength tied to policy news, and broad volatility driven by escalating Middle East tensions. Over the past 365 days, roughly 700,000 Bitcoin have been withdrawn from centralized exchanges, according to data highlighted… Read More

Singapore Central Bank Chief Says CBDCs Needed As Digital Money Scales

Singapore’s central bank will step up work on wholesale central bank digital currencies (CBDCs) and stablecoin regulation as tokenised financial markets develop, with the Monetary Authority of Singapore (MAS)’s managing director saying central bank money will ultimately be needed to anchor monetary stability. Chia Der… Read More

Tampered Ledger Hardware Wallets with Hidden Spy Implants Reportedly Expand Beyond Asia to Europe

Concerns over compromised Ledger hardware wallets have widened after a new claim that a device purchased from a major European retail chain contained unauthorized internal wiring consistent with earlier spy implants. The development, highlighted by the crypto media account Crypto Banter on October 11, 2026,… Read More

China’s Leadership Calls for National Blockchain Network in New Economic Guidelines

On October 9, 2026, the Central Committee of the Chinese Communist Party and the State Council issued the “Opinions on Developing New Quality Productive Forces,” a policy document outlining 19 measures across areas including technological innovation, industrial upgrading, and institutional reform. Among the directives is… Read More

Philippines To Adopt Global Bond Pricing Standards From January 2027

The Philippines will adopt international pricing conventions for peso-denominated government and corporate bonds from January 4, 2027, as financial regulators and market participants work to make the local bond market more accessible to international investors. The initiative is being led by the Bureau of the… Read More

Hong Kong ETF Turnover Surges As Market Expands Virtual-Asset Products

Hong Kong’s exchange-traded product (ETP) market has expanded sharply, with daily turnover rising 3.6 times since 2023 to account for nearly one-fifth of trading on the stock exchange’s Main Board, Securities and Futures Commission (SFC) Chief Executive Julia Leung said. The growth reflects efforts to… Read More

Ledger Confirms Hardware Wallet Implant in CryptoBilis -Sold Device Amid $90 Million Crypto User Funds Drain

Ledger, the maker of hardware wallets, is investigating a serious incident involving one of its official partners in Southeast Asia. The company has urged customers who bought devices from the Malaysian reseller CryptoBilis in the past three months not to set them up, and those… Read More

IFC Proposes $10m Investment In India-Focused Sustainable Finance Fund

The International Finance Corporation (IFC), the World Bank’s private-sector investment arm, has proposed an equity investment of up to $10 million in a private equity fund targeting financial institutions that provide sustainable finance to small businesses and individuals in India. ECF Fund III LP is… Read More

Coinbase Infrastructure Underpins Samsung Wallet’s Galaxy Stablecoin USDC Launch

Samsung is preparing to place dollar-linked stablecoin transfers inside the digital wallet already installed on eligible Galaxy phones in the United States. The company said the capability will open in the final week of October and will begin with USDC, letting qualifying users move funds… Read More

Startale Japan Opens Digital Corporate Bond That Pays Interest and Principal in Yen Stablecoin JPYSC

Startale Japan has opened subscriptions for a digital corporate bond that settles both coupon payments and principal repayment in JPYSC, a yen-denominated stablecoin issued by SBI Shinsei Trust Bank. Announced on October 6, 2026, the offering is presented as the first Japanese digital corporate bond… Read More

Revolut Covers ID Costs after Data Breach, Lifts Savings Rates and Pushes into Philippines

Revolut spent the past week moving on several fronts at once: compensating customers caught in a data leak, lifting savings rates for smaller euro balances, scouting a banking foothold in the Philippines, losing the executive hired to build commercial property lending, and pressing ahead with… Read More

Here is the House Select Committee on China Report on Webull “…maintains deep operational and strategic dependencies on entities in China”

Yesterday, the bipartisan House Select Committee on China alleged that Webull Corporation (NASDAQ:BULL), a regulated broker and alternative investment platform, is closely aligned with the People’s Republic of China (PRC) and its rulers, the Chinese Communist Party (CCP). Companies in China are well known to do the CCP’s bidding… Read More

IFS Capital To Securitise S$79m Of Singapore Property-Backed MSME Loans

Singapore-listed financial services firm IFS Capital Limited is set to securitise S$79 million of loans to micro, small and mid-sized enterprises, in a transaction that will allow the company to free up capital for new lending. Financial close for the group’s first loan securitisation programme… Read More

Siebert Financial Suspends Buy Rating on Webull Following Congressional Report Alleging Ties with China

Siebert Financial has suspended its Buy rating and price target on Webull Financial (NASDAQ:BULL) following the report issued by the House Select Committee on China, which claims Webull has ties to the Chinese government. Webull shares were down almost 20% today after the Committee’s report… Read More

Webull Issues Statement Regarding House Select Committee China Claims

Earlier today, the House Select Committee on China reported that Webull Corporation (NASDAQ:BULL), a regulated broker-dealer operating in the United States, has been deemed to be colluding with Chinese authorities. The Committee cautioned that Webull users may be putting personal information and data at risk… Read More

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