Suvashree Ghosh

Binance tapped Richard Teng to head all its regional markets outside of the US, a swift and steady ascension for the executive that joined the world’s biggest crypto exchange just under two years ago.

The crypto rebound is losing steam, leaving Bitcoin on course for its worst month since the FTX exchange collapsed in November last year.

Hong Kong kicked off a new crypto regulatory regime in a bid to nurture a digital-asset hub, a pivot that’s stirred interest but has yet to win big investment pledges from an industry chastened by a market rout last year.

In this edition of the Bloomberg Crypto newsletter, Suvashree Ghosh finds the devil is in the details of Hong Kong’s new crypto rulebook:

The US Securities and Exchange Commission’s lawsuit against crypto exchange Binance and its head Changpeng Zhao injects fresh uncertainty into a sector that’s struggling to maintain mainstream relevance.

A bout of Bitcoin turbulence caused by US Securities and Exchange Commission lawsuits against key crypto exchanges may be a precursor to short-term gains in the token, if history is any guide.

A bout of Bitcoin turbulence caused by US Securities and Exchange Commission lawsuits against key crypto exchanges may be a precursor to short-term gains in the token, if history is any guide.

Australia’s banking sector is making it harder to transfer funds to cryptocurrency exchanges, citing the risk of scams.

Australia’s banking sector is making it harder to transfer funds to cryptocurrency exchanges, citing the risk of scams.

Crypto’s new banking system is more fragmented, less US-centric and, at times, less advertised.