Asia

December 1, 2025 @ 11:06 am By JD Alois  |  

The People’s Bank of China issued a statement over the weekend regarding concerns about ongoing crypto speculation and a crackdown on stablecoins. Mainland China has banned crypto for years, allowing Hong Kong to serve as a jurisdiction where digital asset development and experimentation can take… Read More

November 30, 2025 @ 9:07 pm By Omar Faridi  |  

Crypto exchange Upbit recently claimed that it had identified and fixed a major codebase vulnerability found in its internal digital wallet system and platform while carrying out an urgent probe into the recent $30 million hack / theft that impacted the South Korean exchange this… Read More

November 30, 2025 @ 6:51 pm By Omar Faridi  |  

Compass Mining noted in a recent update that China currently holds an estimated 14% share of the global Bitcoin mining market. This, according to Hashrate Index, which reportedly makes it the world’s third-largest contributor to the overall global hashrate. Compass Mining also mentioned in their… Read More

November 30, 2025 @ 5:30 pm By Omar Faridi  |  

erad, the Riyadh-headquartered alternative financing platform for SMEs, has partnered with Jefferies (NYSE: JEF) (with co-investment from Channel Capital) to secure $125M in a credit deal, in order to accelerate embedded finance solutions across the GCC region. After the transaction is completed, it will mark… Read More

November 30, 2025 @ 4:38 pm By Michael Wong  |  

Coupang, South Korea’s biggest online retailer, apologised on Sunday after a breach exposed personal information from 33.7 million customer accounts, prompting government scrutiny and warnings of follow-on scams. The US-listed company said the leak involved customers’ names, email addresses, phone numbers, shipping addresses and some… Read More

November 30, 2025 @ 3:08 pm By Omar Faridi  |  

The South Korean card payments market is now expected to grow at a compound annual growth rate (CAGR) of 3.7% over 2025-29 to reach KRW1,510.2 trillion ($1.1 trillion) by the year 2029, supported and enabled by high card penetration, steady payment infrastructure, and government backing… Read More

November 30, 2025 @ 6:32 am By Omar Faridi  |  

Wizz Financial, the Abu Dhabi-based global fintech group specializing in cross-border payments and digital wallets, in partnership with Aditum Investment Management Limited, announced the launch of MENA and India’s first gold-backed private credit strategy, fully regulated under India’s RBI framework and available via UAE-based FIs…. Read More

November 29, 2025 @ 6:26 am By Michael Wong  |  

Hong Kong’s banking industry has rolled out a package of emergency relief measures for residents affected by a No. 5 alarm fire in Tai Po, including a six-month repayment grace period on mortgages and other consumer loans, the Hong Kong Monetary Authority (HKMA) said. The… Read More

November 28, 2025 @ 10:40 am By Omar Faridi  |  

Ripple, a financial technology company that offers crypto solutions for businesses, announced that its USD-backed stablecoin Ripple USD (RLUSD) has been recognized as an Accepted Fiat-Referenced Token by Abu Dhabi’s Financial Services Regulatory Authority (FSRA), enabling use within the ADGM, the international financial centre of… Read More

November 28, 2025 @ 5:43 am By Omar Faridi  |  

In line and consistent with its vision to collaborate with global investment managers to diversify its global platform and provide investment solutions to clients in Kuwait, Gulf Capital Investment Company KSCC “InvestGB”, the investment arm of Gulf Bank, has entered into a partnership with Arrow… Read More

November 28, 2025 @ 4:58 am By Omar Faridi  |  

FinFan, a Vietnam-based fintech company specializing in comprehensive cross-border remittance technology solutions, and Thunes, the so-called Smart Superhighway to move money around the world, have signed a Memorandum of Understanding (MoU) for a collab that is said to be aimed at advancing the development of… Read More

November 28, 2025 @ 4:45 am By Omar Faridi  |  

Julius Baer announces its expansion into Abu Dhabi with the establishment of an Advisory Office that is based in ADGM, currently being subject to final regulatory approvals. The new legal entity, Julius Baer (Abu Dhabi) Ltd., will aim to cater to ultra-high-net-worth individuals (UHNWIs), family offices,… Read More

November 27, 2025 @ 9:51 am By Tony Zerucha  |  

Tabi Chain co-founder Mori Xu believes her blockchain infrastructure will redefine consumer finance through on-chain identity and decentralized payments. She shares her thoughts on how Tabi Chain addresses long-standing consumer finance issues, including those in emerging markets. 1) Start by sharing a bit about your… Read More

November 27, 2025 @ 5:43 am By Omar Faridi  |  

Animoca Brands announced it has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial center of Abu Dhabi, the Capital of the UAE, to operate as a regulated Fund Manager. Currently subject to the fulfillment of conditions and… Read More

November 25, 2025 @ 10:09 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) announced the completion of the Equities Market Review Group’s review and release of its final report. Key measures announced to strengthen the competitiveness of Singapore’s equities market: The establishment of a dual listing bridge connecting the Singapore Exchange (SGX)… Read More

November 25, 2025 @ 7:56 pm By Omar Faridi  |  

Alpaca, a global enabler of tokenization and brokerage infrastructure APIs providing access to options, stocks, ETFs, fixed income, and crypto, announced the roll-out of US stock execution service for SBI SECURITIES Co. Ltd, Japan’s online brokerage firm. This provides options for US stock execution and… Read More

November 25, 2025 @ 10:45 am By Michael Wong  |  

Grab Holdings and Singapore-based stablecoin issuer StraitsX have signed a memorandum of understanding to explore building Web3-linked wallets and a stablecoin settlement network, the companies said. The partnership could let Grab users pay merchants across Asian markets using regulated digital tokens, per the announcement. Under… Read More

November 24, 2025 @ 4:44 pm By Omar Faridi  |  

Hang Feng Technology Innovation Co., Ltd. (NASDAQ: FOFO), a Cayman Islands holding company providing corporate management consulting and asset management services, and Animoca Brands, a global enabler of Web3 and digital property rights, announced that they entered into a “non-binding” memorandum of understanding for a… Read More

November 23, 2025 @ 10:54 am By Michael Wong  |  

Philippine financial regulators will begin a comprehensive mapping of corporate linkages across the economy next year, as regulators watch property prices and credit growth, the Financial Stability Coordination Council (FSCC) said. The inter-agency body, chaired by central bank governor Eli Remolona, made the project a… Read More

November 23, 2025 @ 8:17 am By Omar Faridi  |  

Hex Trust, which claims to be a regulated digital assets financial institution, announced a partnership with Fireblocks, an enterprise platform for secure digital asset custody, settlement, trading operations, and stablecoin payments. This collab now positions Hex Trust as a key Qualified Custodian in the Fireblocks… Read More