
Bank of Thailand Proposes Strict One-to-One Reserves for Baht Stablecoins
Under draft rules released in a consultation paper, issuers face full bank deposit backing and an outright ban on paying interest to holders.
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220 stories in this topic

Under draft rules released in a consultation paper, issuers face full bank deposit backing and an outright ban on paying interest to holders.

Rising capital costs, opaque bureaucracy, and scandals in Indonesia compounded the post-pandemic funding retreat.

Mynt targets 34 million unborrowed e-wallet users as consumer credit expands to 41.8 percent of company revenue.

Transactions using QR codes and bank transfers surged 198 percent as digital wallets plateaued at 3 percent growth.

A Global Anti-Scam Alliance survey shows only 29 percent of defrauded Filipinos file reports, hampering law enforcement efforts across digital payment networks.

First-half revenue rose nearly 30 percent to IDR 3.99 trillion led by gaming, but an IDR 1.74 trillion investment drop pulled the Indonesian tech firm into the red.

An IFC survey of 1,600 private equity and venture firms reveals that while 71% use AI, only 17% have embedded the technology into their core operations.

Malaysian businesses can move up to RM10 million per domestic transaction across the PayNet real-time payment network.

Bitcoin held steady at $83,408 while Ethereum slipped to $2,503, leaving both major digital assets sharply lower over twelve months as exchanges target Asian stock trading access.

Jakarta-based e-commerce platform Bukalapak drew 584 million dollars in private capital from 26 institutional backers before restructuring its regional operations.

Tighter operational spending across marketplace and merchant network units supported the Indonesian group’s core operating profitability.

The two-year endowment plan offers guaranteed payouts every six months alongside 105 per cent life and disability coverage.

Enterprise merchants are overhauling checkout networks to support cross-channel refunds, split shipments, and autonomous AI agents.

Backbase and SmartOSC deployed a shared architecture to eliminate separate digital stacks for consumer and corporate clients.

A single $61 million short position raised liquidation risks while exchange flows stayed mixed ahead of the Oct. 6 Glamsterdam Sepolia activation.

The mobile wallet operator fixed its share price for the domestic market debut on October 2.
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