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PBOC to maintain or increase policy-loan liquidity: poll

CHINA’S central bank is likely to at least maintain current liquidity in the banking system on Monday (Jan 16) through its management of medium-term policy loans, while keeping borrowing costs unchanged for a fifth straight month, a Reuters survey showed.

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Japan expects local FTX clients to get funds back from February

JAPAN’S financial watchdog expects the local unit of Sam Bankman-Fried’s failed crypto empire FTX will repay funds to customers starting next month, according to a senior official.

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Samsung fund unit considers more Hong Kong crypto products after ETF

SAMSUNG Asset Management indicated the firm could consider starting a spot Bitcoin exchange-traded fund (ETF) in Hong Kong if the city allows such products under a push to become an Asia-Pacific centre for crypto.

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Gemini and Genesis sued by SEC over crypto ‘Earn’ programme

US regulators sued crypto brokerages Genesis Global Capital and Gemini Trust for breaking securities rules.

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Central bank rates peaking soon in South-east Asia, survey shows

SOUTH-EAST Asian central banks look like they are close to done fighting inflation using interest rates, with economists seeing the tightening cycle ending after 25- to 50-basis points of moves this quarter.

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Central bank rates seen peaking soon in South-east Asia

SOUTH-EAST Asian central banks look like they are close to done fighting inflation using interest rates, with economists seeing the tightening cycle ending after 25- to 50-basis points of moves this quarter.

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Central bank rates seen peaking soon in S-E Asia

SOUTH-EAST Asian central banks look like they are close to done fighting inflation using interest rates, with economists seeing the tightening cycle ending after 25- to 50-basis points of moves this quarter.

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Crypto firms are cutting more than 1,600 jobs already this year

CRYPTO companies are once again tightening their belts, as the bear market enters the second year and the industry suffers from major meltdowns that damage its outlook.

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Crypto crime hits record US$20b in 2022

ILLICIT use of cryptocurrencies hit a record US$20.1 billion last year as transactions involving companies targeted by US sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday (Jan 12).

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DCG crypto broker Genesis owes creditors over US$3b

CRYPTOCURRENCY broker Genesis owes creditors more than US$3 billion, prompting its owner Digital Currency Group (DCG) to explore selling assets in its venture portfolio to raise money, the Financial Times reported on Thursday (Jan 12).

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