Asia

June 25, 2026 @ 8:39 am By JD Alois  |  

Ripple shares that its dollar-based stablecoin $RLUSD is now available in Japan. The company said that the Japanese Financial Services Agency has approved the stablecoin. Ripple partnered with SBI Group and VCTRADE to gain approval. Ripple has worked with SBI Group since 2016. SBI Group… Read More

June 25, 2026 @ 12:37 am By Omar Faridi  |  

Elliptic has pointed out that US authorities have dealt another major blow to one of the largest criminal networks exploiting cryptocurrency, seizing cloud computing resources used by subsidiaries of Cambodia’s Huione Group. The action relied on detailed blockchain intelligence supplied by Elliptic, a leading firm… Read More

June 24, 2026 @ 8:23 am By Omar Faridi  |  

Chainlink has joined forces with banking consortia from Europe and South Korea to launch Project Pangea. The initiative seeks to enable near-instantaneous settlement of euro-to-South Korean won foreign exchange transactions using regulated stablecoins, replacing the traditional multi-day delays that currently characterize much of the global… Read More

June 22, 2026 @ 7:53 am By Omar Faridi  |  

China has reportedly taken a significant step toward further expanding the international reach of its central bank digital currency by signing direct participation agreements with 26 financial institutions for cross-border digital yuan transactions. The latest agreements, finalized in Shanghai, grant the institutions access to the… Read More

June 22, 2026 @ 4:55 am By Michael Wong  |  

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has increased the maximum repayment period for salary-based consumer loans to seven years, a move aimed at making credit more affordable for borrowers while reinforcing responsible lending standards among banks and other regulated… Read More

June 22, 2026 @ 2:02 am By Michael Wong  |  

Hong Kong companies are investing an average of $214 million in AI, about 17% above the global average, as financial institutions and multinational corporations step up spending on the technology, a DLA Piper spokesperson told Crowdfund Insider. The average AI investment in Hong Kong stands… Read More

June 22, 2026 @ 12:06 am By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) and the Hong Kong Monetary Authority (HKMA) have jointly announced the launch of a pilot project on 18 June 2026. This initiative explores an innovative digital payment option designed to support margin requirements during the after-hours trading (AHT)… Read More

June 22, 2026 @ 12:01 am By Michael Wong  |  

The International Finance Corporation (IFC) is considering providing up to $86 million in long-term financing to Vietnam’s Southeast Asia Commercial Joint Stock Bank (SeABank) to expand lending to small businesses, women entrepreneurs and affordable housing, according to documents seen by Crowdfund Insider. The proposed five-year… Read More

June 21, 2026 @ 1:26 pm By Omar Faridi  |  

Istanbul-based fintech company Midas has submitted an application to Turkey’s central bank for an electronic money institution license. The filing marks the start of its push into consumer payment services, with plans to introduce a digital wallet and prepaid card features. Founder Egem Eraslan outlined… Read More

June 21, 2026 @ 11:09 am By Omar Faridi  |  

Uzbekistan’s digital ecosystem company, Uzum, is preparing to raise new capital through a private investment round before the end of 2026. The move is intended to accelerate the company’s growth trajectory as it lays groundwork for a possible stock market debut in the medium term…. Read More

June 20, 2026 @ 1:16 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA), Hong Kong’s central bank, said it is comimtted to advancing innovation that enhances efficiency and resilience. In a statement, HKMA deputy chief executive Howard Lee reaffirmed the commitment as Hong Kong’s financial infrastructure evolves to meet the growing demands… Read More

June 19, 2026 @ 12:12 am By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) has renewed its Memorandum of Understanding (MOU) with the China Financial Futures Exchange (CFFEX), marking a significant step toward closer cooperation between the two major financial institutions. The announcement, made on June 18, 2026, underscores a shared dedication… Read More

June 17, 2026 @ 10:01 pm By Omar Faridi  |  

Digital bank Revolut, which supports a global fintech platform currently serving more than 75 million customers around the world, has achieved a regulatory milestone in the United Arab Emirates. On June 17, 2026, the Fintech company confirmed it has obtained full approval for its Stored… Read More

June 17, 2026 @ 7:18 am By Omar Faridi  |  

Bitcoin, the flagship cryptocurrency, has broken through the $64,000 level once again, reflecting renewed confidence in the market tied to positive signals from international diplomacy. The move upward occurred as Pakistan’s leadership shared encouraging news about advancing negotiations aimed at resolving tensions involving Iran. The… Read More

June 17, 2026 @ 1:20 am By Michael Wong  |  

The Hong Kong Mortgage Corporation (HKMC) has raised about HK$12 billion ($1.5 billion) through its inaugural digital bond issuance, marking the world’s largest digital bond sale to date and another step in Hong Kong’s efforts to establish itself as a global hub for tokenised finance…. Read More

June 16, 2026 @ 11:59 pm By Omar Faridi  |  

mBridge, a China-supported initiative aimed at transforming international financial transactions is poised to enter its commercial phase. The project, centered on a blockchain-enabled platform for settling payments across borders using digital currencies issued by central banks, promises faster, cheaper, and more direct exchanges that could… Read More

June 16, 2026 @ 6:48 am By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) is stepping up efforts to promote tokenization among corporate treasury centers, as the financial hub seeks to strengthen its position in digital finance and expand the use of blockchain-based transactions. The central bank this week hosted a seminar on “Corporate… Read More

June 15, 2026 @ 10:40 am By Omar Faridi  |  

Bank of America (NYSE: BAC) has indicated in a key update that Singapore continues to solidify its position as a key financial hub, as evidenced by recent gatherings that highlighted the rising adoption of advanced technologies in corporate finance. Over 250 senior executives from major… Read More

June 15, 2026 @ 10:21 am By Omar Faridi  |  

Japan, like other advanced economies including the United States, is now taking considerable steps to integrate cryptocurrencies into its mainstream financial system, signaling a concerted push to capitalize on the growing digital asset market while addressing emerging threats. In a significant legislative move unveiled recently,… Read More

June 15, 2026 @ 8:24 am By Omar Faridi  |  

Fintech Stripe is sharply focused on effectively enabling programmable finance by empowering AI agents to independently handle commercial transactions, particularly in procuring cloud infrastructure and related services. This development marks a significant step toward making autonomous AI systems full economic participants in the digital economy…. Read More