Asia

Jeonbuk Bank Teams Up with Ripple to Support Cross-Border Payments in South Korea

South Korea’s regional banking landscape is taking a step forward in digital finance. Jeonbuk Bank has entered a partnership with Ripple to implement Ripple Payments for international remittances, positioning the lender as the first regional bank in the country to adopt the platform for this… Read More

South Korean Crypto Exchanges Upbit and Bithumb See Revenue Decline Sharply in H1 2026

South Korea’s two largest cryptocurrency exchanges, Upbit and Bithumb, experienced substantial drops in overall revenue during the first half of 2026. These results highlight the ongoing pressure from a prolonged downturn in Bitcoin and the wider digital asset market, which has sharply reduced trading activity… Read More

AI Adoption : China’s Latest Robot Shipments Put US AI Hardware Competitors on Alert

Chinese manufacturers of humanoid robots have solidified a commanding position in the global market, with shipments in the first half of 2026 underscoring the scale of their lead over American competitors. Industry data indicates that firms based in China accounted for more than 97 percent… Read More

Alipay Unveils Full-Stack Agentic Commerce Infrastructure in China

On August 17, 2026, Alipay hosted its inaugural AI ecosystem conference in Hangzhou, marking a significant step in advancing agent-driven commercial systems across China. The fintech platform, operated by Ant Group, introduced the country’s first comprehensive full-stack agent commercial foundation along with the AHA (Agent… Read More

Unitree Robotics Eyes Shanghai IPO as Hyperliquid Traders Price in Considerable Potential Upside

Chinese robotics company Unitree is finalizing preparations for its initial public offering (IPO) on the Shanghai STAR Market. The firm has priced shares at 150.80 yuan each, or about $22.37, implying a company valuation of roughly $9 billion. Trading is expected to start between August… Read More

Bank of America to Acquire Stake in Digital Lender Jio Credit

Bank of America (NYSE: BAC) is set to become a significant joint venture partner in Jio Credit Limited, the non-banking finance company subsidiary of Jio Financial Services, through an investment valued at up to ₹18,268 crore, or roughly $1.9 billion. The agreement, announced on August… Read More

Philippines Central Bank Says Lower Costs Key To Expanding Digital Financial Inclusion

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, said lowering transaction costs could encourage greater use of digital payments in the Philippines, but stressed that affordability is only one of several barriers preventing Filipinos from participating fully in the formal financial… Read More

Malaysia Issues Sustainability Reporting Guidance for Banks, Insurers

Banks, insurers, and takaful operators in Malaysia will get new guidance to support implementation of the National Sustainability Reporting Framework (NSRF), as regulators seek to make sustainability-related disclosures more robust, consistent, comparable, and purposeful. The Joint Committee on Climate Change (JC3), co-chaired by Bank Negara… Read More

Southeast Asia AI Startup Funding Hits $4.1bn in 2026

Funding for Southeast Asia’s native artificial intelligence startups has reached $4.1 billion so far in 2026, already more than double the amount raised for the whole of last year, although the surge was driven largely by a single $2.8-billion round, according to data intelligence platform… Read More

MUFG Conducts Blockchain Trials for Japanese Govt Bond Repo Settlements

Mitsubishi UFJ Financial Group (MUFG) (TYO: 8306) and several of its key subsidiaries have begun a proof-of-concept project exploring the use of distributed ledger technology to handle repurchase agreement transactions involving Japanese government bonds. The initiative, announced on August 13, 2026, seeks to bring elements… Read More

Bitcoin Treasury Firm Metaplanet Makes Entry into Japan’s Yen Bond Market with BitBonds Issuance

Tokyo-listed Bitcoin treasury firm Metaplanet has formally entered Japan’s domestic bond market by launching a new continuous corporate bond program known as BitBonds and completing its first issuance under the framework. On August 13, 2026, the company disclosed that it had established BitBonds as an… Read More

Thailand Grants 5-Yr Capital Gains Tax Exemption for Crypto Trades on Licensed Platforms

Thailand’s government has introduced a temporary tax relief measure designed to support cryptocurrency activity within its regulated financial system. The Finance Ministry confirmed that capital gains arising from crypto trading will be exempt from tax for a five-year period running from 1 January 2025 to… Read More

North Korean Hackers Leverage AI to Enable Strikes on Crypto and Finance Targets

Cybersecurity researchers have uncovered evidence that the North Korean threat actor known as Kimsuky is weaving artificial intelligence more deeply into its operations. The group, long associated with intelligence gathering and revenue-generating cyber activity for the regime, now appears to be experimenting with local large… Read More

Bitkub Strengthens Digital Assets Protection via Coinbase Institutional Partnership

Bitkub Exchange continues to highlight its long-standing relationship with Coinbase Institutional, part of Coinbase (NASDAQ:COIN), a collaboration that has been in place since August 2021. The Thai digital asset platform regards this arrangement as a key element of its approach to protecting customer holdings, relying… Read More

Saudi Arabia Data Centre Expansion Could Require Up to $42B in Capital

Saudi Arabia’s planned expansion of data centre capacity could require between $28 billion and $42 billion in project capital as the Kingdom seeks to scale digital infrastructure to support artificial intelligence, cloud computing, and its broader economic transformation, according to a report by Alvarez &… Read More

Bybit Sues North Korea, Lazarus Group Over 2025 Crypto Heist

Cryptocurrency exchange Bybit has filed a civil lawsuit against North Korea, its Reconnaissance General Bureau, and the Lazarus Group over a February 2025 cyberattack described by a U.S. court as “one of the largest cryptocurrency thefts in history.” The lawsuit was filed in the U.S…. Read More

Crypto Exchange Bybit Files Lawsuit Against North Korea and Lazarus Group, Wins Court Order to Freeze Stolen Digital Assets

Bybit, one of the global cryptocurrency platforms, has taken significant legal steps against entities linked to a major digital asset heist. On August 7, 2026, the exchange announced a civil lawsuit filed in the US District Court for the District of Columbia. The defendants include… Read More

Digital Bank Maya Says Philippines’ Financial Inclusion Push Must Shift to Financial Health

Philippine digital bank Maya has called for the country’s financial inclusion efforts to move beyond expanding account ownership and focus more on whether consumers are building savings, gaining access to responsible credit, and becoming more resilient to financial shocks. Formal account ownership in the Philippines… Read More

Singapore Fintech Association Launches Payments Code to Raise Transparency, Consumer Protection

“Payments touch almost every part of daily life in Singapore, and people deserve to know exactly what they are paying and what protection they have,” Singapore FinTech Association (SFA) President Holly Fang said as the industry group launched a new code of conduct aimed at… Read More

Philippines’ Underserved Credit Market Offers Major Fintech Opportunity, BillEase Says

The Philippines is emerging as one of the most attractive fintech markets in the region as limited access to formal credit leaves significant room for digital financial services providers to expand, according to BillEase co-founder Georg Steiger. “The Philippines is the most exciting fintech market… Read More

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