Michael Wong

Blockchain, Web3 Poised to Reshape Global Real Estate, Experts Say

Blockchain and Web3 technologies are emerging as transformative forces in global real estate, driving innovation, efficiency, and new investment models across markets, according to experts at the World Trade Centers Association (WTCA) Global Business Forum held in Marseille. Speaking at the Real Estate Investment in… Read More

KuCoin Thailand, Finansia Syrus Partner to Expand Access to Digital Assets

Cryptocurrency exchange KuCoin has partnered with Thai brokerage Finansia Syrus Securities PCL to boost access to regulated digital asset trading in Thailand, a move that underscores the growing convergence between traditional finance and crypto markets in Southeast Asia. The partnership, involving KuCoin Thailand (operated by… Read More

Only 28% of Filipinos Familiar with Web3 Despite High Crypto Awareness – Blockchain Report

Only 28% of Filipinos are familiar with Web3 technologies despite 96% awareness of cryptocurrencies, according to the Philippine Blockchain Industry Report 2025, the country’s first benchmarking study of its blockchain ecosystem. Released by the Blockchain Council of the Philippines in partnership with Gorriceta Africa Cauton… Read More

Southeast Asia Tech Funding Hits $2 Billion in H1 2025 as Late-Stage Surges

Southeast Asia’s technology ecosystem raised $2 billion in total funding in the first half of 2025, reflecting both a short-term slowdown and signs of long-term recovery, according to data from Tracxn. The figure marks a 24% decline from the $2.6 billion raised in the second… Read More

Securities Commission Malaysia Plans Overhaul of Crypto Exchange Rules

Malaysia’s Securities Commission (SC) has proposed a set of regulatory enhancements aimed at strengthening the country’s digital asset exchange (DAX) framework, seeking to accelerate token listings and bolster investor protection measures. According to a consultation paper published on Monday, the proposed changes include allowing certain… Read More

Wealthtech Disrupts Singapore’s Investment Landscape as Digital Adoption Accelerates

Wealthtech is reshaping Singapore’s wealth management sector as both startups and incumbent financial institutions ramp up digital transformation to meet rising investor demand for accessible, affordable, and personalized investment services, according to a new report by Quinlan and Associates and Allfunds Asia. The report shows… Read More

One in Four Koreans Aged 20–50 Now Invests in Crypto: Report

Roughly one in four South Koreans aged 20 to 50 currently owns virtual assets, with male white-collar workers in their 30s and 40s dominating the investor base, according to a new report released Sunday by the Hana Institute of Finance. The study, titled 2050 Generation’s… Read More

Philippines Cracks Down on Abusive Lending Apps After 13,000 Victims Report Harassment

The Philippine government has intensified its crackdown on abusive online lending platforms after receiving more than 13,000 complaints from borrowers who reported harassment, threats, and privacy violations. The Presidential Anti-Organized Crime Commission (PAOCC) is leading the nationwide campaign in coordination with the Securities and Exchange… Read More

TBC Bank Group Acquires Majority Stake in BILLZ to Expand SME Reach in Uzbekistan

London-listed TBC Bank Group PLC has entered into a definitive agreement to acquire a majority stake in BILLZ, a retail management software-as-a-service (SaaS) platform in Uzbekistan, according to an announcement. The acquisition is a landmark transaction that strengthens its position in Central Asia’s digital financial… Read More

Singapore Sets Up National Payments Body to Oversee Payment Growth, Innovation

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have jointly announced the incorporation of the Singapore Payments Network (SPaN), a new not-for-profit entity that will oversee and govern the country’s national payment schemes. SPaN aims to consolidate the administration… Read More

IEX Updates Audit Trail Rule After SEC Grants Five-Year Extension on Timestamp Exemption

The Investors Exchange LLC (IEX) has amended its Consolidated Audit Trail (CAT) compliance rule to reflect a five-year extension granted by the U.S. Securities and Exchange Commission (SEC) related to timestamp granularity requirements. The rule change, filed with the SEC on June 17, updates IEX… Read More

Byreal Launches with Bybit, Solana to Bring Real Asset Liquidity On-Chain

Byreal, a new decentralized finance platform focused on bringing real-world assets on-chain, officially launched its brand, backed by partnerships with crypto exchange Bybit and the Solana Foundation. The platform aims to become the primary liquidity infrastructure for tokenized real assets, positioning itself as a full-cycle… Read More

Fortune 500 Firms Ramp Up Blockchain Adoption Amid Growing Institutional Demand

A new report from Coinbase (NASDAQ:COIN) reveals a surge in blockchain adoption among Fortune 500 companies and small to medium-sized enterprises (SMEs), as firms increasingly view the technology as a practical solution for operational efficiency rather than a speculative asset class. According to Coinbase’s “State… Read More

Hong Kong, Mainland China Launch Payment Connect for Real-Time Cross-Border Transactions

Hong Kong City

The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) announced the official launch of Payment Connect, a new cross-boundary payment system linking Hong Kong’s Faster Payment System (FPS) and Mainland China’s Internet Banking Payment System (IBPS). The service will go live… Read More

University of Dubai Launches Region’s First Arab AI Researchers Initiative in Collaboration with AIJRF

The University of Dubai, in partnership with the Artificial Intelligence Journalism for Research and Forecasting (AIJRF), has launched the Arab AI Researchers (AAIR) initiative, the first of its kind in the region aimed at embedding artificial intelligence into academic research and teaching across Arab universities…. Read More

Thailand Approves Three Virtual Bank Applicants in Bid to Boost Digital Financial Services

Thailand has approved three applicants to establish virtual banks, in a move aimed at promoting financial innovation, expanding access to underserved markets, and enhancing competition in the country’s banking sector. The Ministry of Finance, acting on the advice of the Bank of Thailand (BOT), said… Read More

Crypto Adoption Surges in 2025, Led by Emerging Markets and Stablecoins

Cryptocurrency adoption has surged globally in 2025, underpinned by a dual wave of institutional engagement in developed markets and real-world utility in lower- and middle-income countries, according to the Chainalysis Global Crypto Adoption Index. While advanced economies are focused on regulatory clarity and structured investment… Read More

House Financial Services Committee Advances Bill to Ease Crowdfunding Rules for Small Businesses

A bipartisan bill designed to modernize crowdfunding regulations and expand access to capital for small businesses advanced out of the U.S. House Financial Services Committee, potentially paving the way for significant changes to Regulation Crowdfunding (Reg CF) requirements. The legislation is one of many proposed by… Read More

Vietnam Passes Digital Technology Law, Legalizes Crypto Assets

Vietnam has passed a sweeping law to regulate digital assets and boost the country’s technology sector, formally legalizing crypto assets and laying the groundwork for strategic investments in artificial intelligence and semiconductors. The Law on Digital Technology Industry, approved by the National Assembly on Saturday,… Read More

Carlyle, Citi Team Up to Target Asset-Backed Financing Opportunities in Fintech Lending

Global investment firm Carlyle and banking giant Citi have entered into a strategic collaboration to explore asset-backed financing and co-investment opportunities in the fast-growing fintech specialty lending sector. The partnership formalizes a framework for both firms to exchange market intelligence and jointly pursue deals that… Read More

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