Chinese conglomerate Ant Group reportedly wants to obtain stablecoin licenses in Singapore and Hong Kong. The company’s Ant International, which is based in Singapore, will apply for the stablecoin issuer’s license in Hong Kong once the region’s Stablecoins Ordinance goes into effect in August Bloomberg...
Fast fashion retailer Shein has reportedly chosen a new location to go public. The China-founded company is now looking to list in Hong Kong after failing to get Chinese regulators to sign off on its plans for a London initial public offering (IPO), Reuters reported Wednesday (May 28). Sources...
The rapid advancement in payment innovations across the Asia-Pacific (APAC) region is transforming the digital commerce landscape. But those advancements, including digital wallets and digital payment methods, aren’t uniform or one-size-fits all. “APAC is a very vast and diverse market,” Raymond Cui, country manager for...
Cryptocurrency has been synonymous with a lack of regulation and a Wild West ethos. This has led to speculative and non-core products like meme coins, blockchain games and yesteryear’s NFTs and ICOs. But all that is beginning to change as regulated economies across the world...
April 04, 2025
The rapid advancement in payment innovations across the Asia-Pacific (APAC) region is transforming the digital commerce landscape. But those advancements, including digital wallets and digital payment methods, aren’t uniform or one-size-fits all. “APAC is a very vast and diverse market,” Raymond Cui, country manager for China at Nuvei, told PYMNTS. “It includes mature markets like […]
May 29, 2024
The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it took to read this sentence,...
July 04, 2023
There will be no fireworks for the digital asset sector this July Fourth. It’s looking like the course du jour being cooked on the grill this Independence Day could be...
April 04, 2023
Real-time payment systems have transformed how individuals and businesses transact and manage their money around the globe by allowing users to transfer funds instantly without needing physical cash or...
December 15, 2025
Cryptocurrency exchange HashKey is set to raise $206 million after pricing its initial public offering, Reuters reported Monday (Dec. 15), citing an unnamed source. HashKey, founded in 2018, is Hong Kong’s largest licensed crypto exchange, the report said. Its other services include asset management, brokerage and tokenization. The company is due to begin trading on […]
June 12, 2025
Chinese conglomerate Ant Group reportedly wants to obtain stablecoin licenses in Singapore and Hong Kong. The company’s Ant International, which is based in Singapore, will apply for the stablecoin issuer’s...
May 28, 2025
Fast fashion retailer Shein has reportedly chosen a new location to go public. The China-founded company is now looking to list in Hong Kong after failing to get Chinese regulators to sign...
February 17, 2025
Standard Chartered Bank Hong Kong (SCBHK), Animoca Brands and HKT have agreed to form a joint venture to issue a stablecoin backed by the Hong Kong dollar. The new joint venture intends...