Alun John
Stories by Alun John
Biden vows to do ‘whatever needed’ for bank system after SVB meltdown
Major US banks lost around $90b in stock market value on Monday.
Biggest collapse since financial crisis, Silicon Valley Bank leaves billions in the lurch
Companies such as Roblox and Roku said they had hundreds of millions of deposits at the bank.
Singapore-based crypto lender Hodlnaut suspends withdrawals, swaps & deposits
The move marks the latest sign of stress in the cryptocurrency industry
Privately issued but regulated digital currencies have benefits: central bank chiefs
More needs to be done on the regulatory front.
Singapore’s crypto aspirations shaken by Three Arrows collapse
Crypto players in SE Asia's financial hub are bracing for further bankruptcies and legal tussles.
HK markets regulator Ashley Alder to take UK watchdog role
Alder has led Hong Kong's markets watchdog since 2011 and will leave the post at the end of September.
Singapore-based crypto lender Vauld suspends withdrawals
The crypto industry has been shaken by a series of collapses in recent months
Didi pursues EV stake as it emerges from regulatory shadows
Didi is in talks with state-backed Sinomach Automobile to buy a third of its EV unit
Bitcoin set for record loss as ‘stablecoin’ collapse crushes crypto
The sentiment is particularly fragile as tokens supposed to be pegged to the dollar have faltered.
Nomura offers its first bitcoin derivatives, despite crypto market crash
Crypto markets have tumbled this week as a meltdown in TerraUSD sent digital tokens crashing
