Markets.
Binance covers 90% of US$6.3 billion hack losses
The world's largest crypto exchange used company funds to replace stolen tokens, with the FBI attributing the breach to North Korea's TraderTraitor unit.
South Korean Bithumb, Daishin, Mirae Asset Face Cyberattacks
South Korean crypto exchange Bithumb confirmed a data breach affecting hundreds of customers, part of wider cyberattacks on financial firms Daishin and Mirae Asset.
India's First Tokenised Bonds Total ₹1,025 Crore, Use Digital Rupee
Three Indian firms issued the digital debt securities, marking a shift towards blockchain-based settlement and reduced transaction risks, according to a PPFAS report.
Kraken Secures Initial Kazakh Approval for Digital Assets
Kraken parent Payward's local unit, Payward Kazakhstan, received in-principle approval from the Astana Financial Services Authority, moving it closer to offering digital asset trading and custody in the AIFC.
MAS Proposes Stricter Rules for Foreign Stablecoin Access
The central bank's 1 September proposal aims to attract international payment firms to Asia's financial markets by allowing regulated foreign tokens.
Singapore, UK Advance Digital Asset, AI Finance Cooperation
The 11th Financial Dialogue on 20 October saw MAS and HM Treasury review initiatives for cross-border tokenisation, AI safeguards, and quantum security in financial services.
MAS, Thai SEC, Taiwan FSC Tighten Stablecoin Licensing
New frameworks from Singapore's MAS, Thailand's SEC, and Taiwan's FSC mandate specific licences, enhanced anti-money laundering controls, and formal registration for digital asset firms in APAC.