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HashKey Group , Hong Kong's largest licensed crypto exchange, has set its initial public offering price at HK$6.68 per share, raising HK$1.61 billion ($206.96 million), according to an exchange filing on Tuesday.The company offered 240.6 million shares under the IPO, and a source with direct kno…
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Turkmenistan has passed a law legalising and regulating digital assets, including licences for cryptocurrency exchanges and crypto mining companies, state media reported on Friday.The Neutral Turkmenistan newspaper reported that President Serdar Berdymukhamedov had signed the law, which will com…
Malaysia's national utility firm Tenaga Nasional Bhd (TNB) has incurred losses of more than $1 billion from illegal power usage by cryptocurrency miners between 2020 and August this year, the energy ministry said.TNB found that 13,827 premises had illegally used power to mine cryptocurrency over th…
Crypto-focused asset manager Grayscale on Thursday publicly filed its paperwork for an initial public offering in the United States.
Grayscale recorded a 20% fall in revenue for the first nine months of 2025, the crypto-focused asset manager disclosed in its U.S. initial public offering paperwork on Thursday. The company made its IPO filing public hours after President Donald Trump signed a deal to end the longest governme…
By Siyanda Mthethwa Discovery Bank is set to become the first lender in South Africa to integrate crypto into its mobile platform, allowing customers to trade cryptocurrencies directly in its banking app from December.The feature is being launched in partnership with London-based crypto exchange…
Cryptocurrency exchange Coinbase is reincorporating in the new business hub of Texas, and is set to leave Delaware, the company said in a filing on Wednesday.
By Aigerim Turgunbaeva Kyrgyzstan has launched over $50 million worth of its national stablecoin, USDKG, backed by gold and pegged to the U.S. dollar, the country’s financial regulator said this week.Separately, the government on Wednesday ordered a nationwide shutdown of crypto mining amid a wor…
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By Michael S. DerbyFederal Reserve Governor Stephen Miran on Friday said that if stablecoins end up enjoying widespread adoption it could mean the central bank needs to keep short-term interest rates lower than they would otherwise be.“Even relatively conservative estimates of stablecoin growth impl…
By Elizabeth Howcroft Global hedge funds' exposure to crypto markets is increasing, and more than half are now invested in the sector, with the U.S. government's embrace of digital assets boosting interest, according to an industry report published on Thursday. Fifty-five per…