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Latest cryptocurrency news and articles about asia. Stay updated with developments, analysis, and insights.

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Rivian will not draw its approved $6.6B federal loan until after its Georgia plant is built, targeting 2028

Rivian will not draw its approved $6.6B federal loan until after its Georgia plant is built, targeting 2028

Rivian’s finance chief says the company will not touch the $6.6 billion U.S. government loan until its new plant in Georgia is built and ready to move toward production, which is expected in 2028. The...

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1 min
Nvidia stock rallies in overnight trading as Trump vows to discuss company with Xi Jinping

Nvidia stock rallies in overnight trading as Trump vows to discuss company with Xi Jinping

Nvidia shares jumped nearly 2% in overnight trading after Cryptopolitan reported the chipmaker had hit a new all-time high above $204 at yesterday’s market close, continuing yet another monster rally ...

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1 min
Forex Market: Pivotal Decisions Await Asia FX Amidst Fed and BOJ Looming

Forex Market: Pivotal Decisions Await Asia FX Amidst Fed and BOJ Looming

BitcoinWorld Forex Market: Pivotal Decisions Await Asia FX Amidst Fed and BOJ Looming Even if your primary interest lies in the volatile world of cryptocurrencies, the intricate dance of traditional f...

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1 min
Won Stablecoin: BOK Chief’s Dire Warning on Capital Flight Risk

Won Stablecoin: BOK Chief’s Dire Warning on Capital Flight Risk

BitcoinWorld Won Stablecoin: BOK Chief’s Dire Warning on Capital Flight Risk The introduction of new digital currencies always sparks excitement, but it also brings significant considerations for fina...

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1 min
Expert Advocates Clear Rules for Won Stablecoins to Boost Innovation in South Korea

Expert Advocates Clear Rules for Won Stablecoins to Boost Innovation in South Korea

The Bank of Korea advocates for banks to lead the issuance of won-denominated stablecoins to mitigate risks, but experts like Dr. Sangmin Seo argue for clear rules allowing both banks...

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1 min
South Korea’s bank-first stablecoin approach lacks logic, says Kaia chair

South Korea’s bank-first stablecoin approach lacks logic, says Kaia chair

The Bank of Korea should make clear rules for stablecoin issuers, allowing banks and non-banks to issue the tokens, says Kaia DLT Foundation chair Dr. Sangmin Seo....

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1 min
Asia Morning Briefing: Bitcoin Holds Ground as Traders Sit on Stablecoins Before Fed Decision

Asia Morning Briefing: Bitcoin Holds Ground as Traders Sit on Stablecoins Before Fed Decision

The market is confident that the Fed will cut rates. But crypto traders are still waiting for confirmation.

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1 min
Uber, Nvidia, Stellantis, and Foxconn forge an alliance for robotaxis

Uber, Nvidia, Stellantis, and Foxconn forge an alliance for robotaxis

The race for self-driving vehicles is revving up again with Stellantis, the parent company of Jeep, Ram, Dodge, and Chrysler announcing a significant partnership with hailing service provider Uber, Nv...

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1 min
Tesla board says it is prepared to name a new CEO if Elon Musk leaves for $1T pay rejection

Tesla board says it is prepared to name a new CEO if Elon Musk leaves for $1T pay rejection

Tesla is preparing for the possibility of Elon Musk stepping back from the company if shareholders vote against his proposed $1 trillion pay package at the upcoming annual meeting, according to an int...

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1 min
GlobalFoundries Faces Growing European Demand for China-Taiwan-Free Semiconductor Supply

GlobalFoundries Faces Growing European Demand for China-Taiwan-Free Semiconductor Supply

European customers are boosting demand for semiconductor supply chains independent of China and Taiwan, driven by geopolitical risks and supply security needs. GlobalFoundries is expanding its Dresden...

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1 min
GlobalFoundries CEO says customers now demand semiconductor supply chains independent from China and Taiwan

GlobalFoundries CEO says customers now demand semiconductor supply chains independent from China and Taiwan

European customers of GlobalFoundries Inc. have increased their demand for semiconductor supply chains that are not connected with either China or Taiwan. With geopolitical tensions rising and supply ...

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1 min
Stablecoin Fear Spreads: South Korea’s Central Bank Warns of Depeg Threat, Urges Bank Safeguards

Stablecoin Fear Spreads: South Korea’s Central Bank Warns of Depeg Threat, Urges Bank Safeguards

South Korea’s central bank has issued a stark warning over the growing risks of won-pegged stablecoins, cautioning that private issuers could threaten monetary stability if safeguards are not establis...

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1 min