ASIA|BTC|BUSINESS|FIAT|MARKET Updates
3 Things That Could Impact Crypto Markets in Week Ahead
Stock markets notched solid gains last week while crypto markets lost a bit of ground and cooled slightly. The weaker-than-expected readings on CPI and inflation expectations keep markets buoyed, whil...
Panama City Mayor Hints at Bitcoin Reserve Plan After Talks with El Salvador Officials
Panama City Mayor Proposes Bitcoin Reserve After Meeting El Salvador Leader Panama City Mayor Mayer Mizrachi has fueled speculation over a possible Bitcoin reserve proposal, following a meeting with E...
Asia’s Richest Ditch U.S. Dollars for Crypto, Gold and Chinese Assets, UBS Reveals
Key Takeaways: This approach reflects a broader industry trend of using creative financing methods in the crypto space. The move illustrates both the potential rewards and inherent risks of tying corp...
UBS Flags Wealthy Investors’ Shift to Bitcoin and Gold
Amy Lo, Co-Head of Wealth Management for Asia at UBS Group, has recently spotlighted Bitcoin as a new trend among wealthy Asian investors. Speaking at a recent event in Hong Kong, Amy Lo explained tha...
UBS: Wealthy clients are shifting away from U.S. dollar-based assets and turning to gold and crypto
Global asset management firm UBS found that their high net worth clients have chosen to abandon the dollar as well as its linked assets in favor of investing in more alternative assets such as gold an...
Dollar steadies, gold tanks, Bitcoin Fear and Greed Index up to 73 as inflation fears subside
The US dollar held steady on Wednesday after recording its steepest decline in over three weeks in yesterday’s session. On the other hand, gold prices have declined against the backdrop of a cooling i...
Asia’s wealthy shifting from US dollar to crypto, gold, China: UBS
High-net-worth clients across Asia are gradually pivoting away from US dollar-based investments, favoring gold, cryptocurrencies and Chinese assets instead, according to financial services giant UBS G...
UBS wealthy clients shift focus from U.S.-dollar assets to gold, crypto, and China
UBS says its wealthy clients are pulling money out of U.S.-dollar assets and shifting their investments to gold- crypto, and Chinese markets over trade tensions and a volatile global economy. Investor...
Thailand to issue $150M digital investment token within two months: Finance Minister Pichai Chunhavajira
Reports claim Thailand is making efforts to become one of a number of countries in Asia to have shown a shift in its treatment of digital assets this year. Thailand’s Finance Ministry will reportedly ...
Exciting News: Crypto.com Pay Launches in South Korea, Revolutionizing Crypto Payments
Get ready, South Korea! The world of digital finance just took a significant leap forward in the Land of the Morning Calm. Leading cryptocurrency platform Crypto.com has officially announced the launc...
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