Asia's Licensing Race Splits Stablecoin Issuers by Jurisdiction
Singapore, Hong Kong, Japan and the UAE are each licensing stablecoins on different terms. Issuers are discovering they cannot serve all four with one token.
Asia
Australia Sues Telegram Over Extremist Content
Telegram, the messaging platform used by more than 1 billion people worldwide, is facing a major legal challenge in Australia over claims that it failed to stop the spread of terrorism-linked material. Australia’s…
LG Electronics Soars on Robotics and AI Momentum
LG Electronics, the company most people associate with refrigerators and OLED TVs, has quietly become one of the hottest stocks in South Korea. Shares have climbed more than 300% this year, transforming a legacy…
Lummis: Pass CLARITY or China Will Lead Crypto
The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY), a crypto market structure bill, according…
China's Private Funds Surge as Tech and AI Drive Growth
As of early 2026, more than 123 onshore hedge and private funds each manage over CNY 10 billion in assets. Collectively, that group controls more than CNY 2 trillion, roughly $289 billion, marking a new high-water mark…
Petition Against South Korea's 22% Crypto Tax Surpasses 50K
A petition to scrap a 22% tax on crypto investment gains in South Korea reached the 50,000-signature threshold required for the country’s Finance and Economic Planning Committee to review objections to the new tax…
JGBs Plunge as Yields Spike Amid Global Selloff
Japan’s government bond market is having a moment. And not the good kind. JGB prices have fallen sharply as yields surged across the curve. The 30-year JGB yield hit approximately 4%, a level not seen since Japan first…
India tightens silver imports to shore up rupee
India just made it significantly harder to bring silver into the country. A May 16 notification from the Directorate General of Foreign Trade moved most silver imports from “free” to “restricted” status, meaning…
Iran Conflict Roils Energy Markets Ahead of Trump-China Talks
## Market Snapshot US-Iran Peace Deal market is priced at 0.1% YES, down from 1% 24 hours ago and 19% a week ago. WTI Crude Oil Prices in May 2026 market shows a 51% chance of hitting $110, down from 56% a day ago. ##…
China Confirms Attack on Tanker in Strait of Hormuz
## Market Snapshot The market for “Will 20 ships transit the Strait of Hormuz on any day by May 31?” is currently priced at 67% YES. This represents a decrease from 76% YES 24 hours ago. The market for “Strait of Hormuz…
South Korea Confirms 22% Crypto Tax Effective January 2027
South Korea’s Finance Ministry has confirmed that a long-delayed tax on crypto gains will take effect as scheduled in January 2027. Moon Kyung-ho, director of the ministry’s income tax division, announced at an…
Analysts Grow Bullish as Bitcoin Surpasses $80,000
Market analysts said Bitcoin ( BTC ) is “primed for upward momentum” after rallying past $80,000 during the early Asian trading hours on Monday. Key takeaways: Bitcoin price rises to a 13-week high of $80,610 on Monday…