June 1, 2026 @ 7:07 am By Michael Wong  |  

Ascend Bank, the virtual bank backed by Charoen Pokphand Group, is expected to debut in July, CP Group senior vice-chairman Suphachai Chearavanont said. The planned launch comes after rival Clicx Bank announced earlier this week it plans to launch its mobile app on June 19,… Read More

June 1, 2026 @ 6:04 am By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) has taken legal action against Nathan Fuller, a resident of Cypress, Texas, accusing him of masterminding a significant cryptocurrency fraud that defrauded approximately 150 investors of around $12.3 million. The SEC has filed its complaint on May 28,… Read More

June 1, 2026 @ 4:38 am By Omar Faridi  |  

The Central Bank of Ireland has highlighted growing external threats to the country’s financial stability in its latest assessment. Released on 27 May 2026, the Financial Stability Review underscores how international pressures are mounting, even as the domestic system maintains a solid foundation that requires… Read More

June 1, 2026 @ 2:36 am By Michael Wong  |  

Southeast Asia’s AI infrastructure market is still young, uneven, and heavily concentrated in Singapore. The sector has drawn about $1.2 billion in disclosed equity funding across Indonesia, Malaysia, Singapore, and Thailand from 2015 to 2026, according to a report by private market data platform Tracxn…. Read More

June 1, 2026 @ 1:01 am By Omar Faridi  |  

Bitwise has expanded its lineup of European crypto investment products with the launch of the Bitwise Canton ETP, now actively trading on Deutsche Börse’s Xetra platform. Listed now currently under the ticker BWCC (ISIN: DE000A4ARTH9), this physically backed exchange-traded product offers investors access to the… Read More

June 1, 2026 @ 12:52 am By Omar Faridi  |  

CoinGecko has indicated that the cryptocurrency landscape in 2025 and the first months of 2026 was marked by sharp price fluctuations and swift shifts in market narratives. As the overall sector showed signs of greater maturity through growing institutional involvement, certain areas like decentralized finance… Read More

June 1, 2026 @ 12:11 am By Omar Faridi  |  

TMF Group, a provider of comprehensive services throughout the asset management lifecycle, has announced an expansion of its collaboration with Dublin based Regtech firm Fenergo, an SaaS technology firm specializing in client lifecycle management (CLM) and regulatory compliance solutions. This enhanced partnership enables TMF Group… Read More

May 31, 2026 @ 7:21 pm By Michael Wong  |  

Insurtech startup Corgi has doubled its valuation to $2.6 billion just three weeks after reaching unicorn status, underscoring investor demand for AI-driven commercial insurance infrastructure. The San Francisco-based company said it raised $106 million in a Series B1 round led by TCV, with participation from… Read More

May 31, 2026 @ 4:19 pm By Tony Zerucha  |  

BTCS CSO Wojciech Kaszycki said Poland’s investigation of Zondacrypto highlights why the country must have proper cryptocurrency regulation. Without it, Poland risks falling behind in the modern economy. Polish prosecutors allege there may be 350 million złoty (€82.5 million) in possible losses through misleading clients. Zondacrypto… Read More

May 31, 2026 @ 4:05 pm By Omar Faridi  |  

ROLLER, a cloud-based venue management platform, has joined forces with global fintech Adyen (AMS: ADYEN) to introduce ROLLER Capital. This innovative embedded finance solution provides operators with rapid access to business funding directly within their existing management tools, eliminating many traditional barriers to capital. The partnership… Read More

May 31, 2026 @ 4:03 pm By Omar Faridi  |  

Binance Coin (BNB) has recently surged (somewhat modestly), fueled by institutional interest following the debut of an exchange-traded fund (ETF). The launch of the first US spot product tied directly to the BNB token has injected optimism into the crypto markets, highlighting the digital token’s… Read More

May 31, 2026 @ 11:55 am By Michael Wong  |  

Hong Kong’s monetary authority said regulated stablecoins in the city are expected to be launched in the next few months, as it moves digital finance initiatives from experimentation to real-value transactions. Howard Lee, deputy chief executive of the Hong Kong Monetary Authority, said Hong Kong’s… Read More

May 31, 2026 @ 11:54 am By Omar Faridi  |  

Coin Metrics pointed out that quantum computing is advancing faster than many expected, shrinking the timeline for breaking the cryptographic foundations that secure major cryptocurrencies like Bitcoin and Ethereum. While no quantum machine today can crack elliptic-curve signatures at scale, recent breakthroughs—highlighted in analyses from… Read More

May 31, 2026 @ 11:52 am By Omar Faridi  |  

The Stellar Development Foundation has announced a key milestone in blockchain interoperability. Circle‘s (NYSE:CRCL) Cross-Chain Transfer Protocol (CCTP) is now operational on the Stellar network. This integration marks a significant advancement for USDC users and developers, enabling direct, efficient transfers of the stablecoin between Stellar… Read More

May 31, 2026 @ 5:10 am By Omar Faridi  |  

Visa (NYSE: V) has recently signaled strong support for the region by announcing a substantial financial commitment. The move comes as European policymakers and industry figures advocate for reduced dependence on non-European networks, emphasizing the need for resilient, locally governed systems that prioritize security and… Read More

May 31, 2026 @ 4:06 am By Tony Zerucha  |  

The frequency of AI-generated identity fraud has surpassed physical document forgery for the first time, marking another milestone in the digital fraud era, a new report from AU10TIX reveals. That is part of a strategy that sees criminals building reusable identity assets that are deployed… Read More

May 31, 2026 @ 3:05 am By Michael Wong  |  

Singapore’s central bank said it has issued a circular guiding financial institutions to establish a client’s source of wealth in a risk-proportionate way, as part of efforts to make account opening in the wealth management industry more efficient while maintaining sound regulatory standards. The Monetary… Read More

May 31, 2026 @ 2:57 am By Omar Faridi  |  

PitchBook has indicated in a new report that the cybersecurity venture capital landscape entered 2026 with notable stability in capital deployment, even as deal volume reached its lowest point in years. According to PitchBook data, total deal value in the first quarter held nearly flat… Read More

May 31, 2026 @ 1:56 am By Omar Faridi  |  

Fintech platform TrueLayer, Europe’s Pay by Bank network, has announced its acquisition of in3, a Dutch fintech focused on consumer credit facilitated through direct bank payments. This strategic move, revealed recently this month, positions TrueLayer as the sole provider in the region capable of delivering… Read More

May 31, 2026 @ 12:44 am By Michael Wong  |  

Hong Kong’s banking system recorded a broad increase in deposits in April, with renminbi deposits rising mainly on corporate fund flows even as cross-border trade settlement remittances declined from the previous month. Total deposits with authorized institutions increased by 1.5% in April, according to statistics… Read More