HKMA-Led SME Taskforce To Tackle Lending, Risk Management Challenges
The newly formed joint taskforce on SME Lending held its first meeting, focusing on addressing common issues faced by S...
Read MoreAlibaba Adds WeChat Pay As Payment Option On Taobao And Tmall
Alibaba Group Holding is introducing Tencent’s WeChat Pay as a payment option on its Taobao and Tmall platforms, acco... Read more
Jack Tan Joins OSL To Lead Global Marketing Efforts As CMO
OSL, a licensed digital asset platform and subsidiary of OSL Group, has named Jack Tan, also known as Jack Derong, as i... Read more
North Korean Hackers Use Social Engineering To Target Crypto Employees, FBI Warns
North Korea is escalating its cyberattacks on the crypto industry, employing sophisticated social engineering tactics t... Read more
ZA Breaks Loss Streak As The First Hong Kong Virtual Bank To Report A Profitable Month
ZA Bank has become the first of Hong Kong’s eight virtual banks to achieve monthly profitability, nearly four years a... Read more
Hong Kongs SFC Accepts Late Crypto License Application From HKDAEx
The Hong Kong Securities and Futures Commission (SFC) has accepted a virtual asset license application from Hong Kong D... Read more
WeChat Pay Hong Kong Fined HK$875,000 For Customer Due Diligence Failures
The Hong Kong Monetary Authority (HKMA) has imposed a HK$875,000 fine on WeChat Pay Hong Kong for failing to meet anti-... Read more
Hong Kong Enters Next Stage Of Wholesale CBDC Adoption With Project Ensemble
The Hong Kong Monetary Authority (HKMA) has officially launched the Project Ensemble Sandbox to advance tokenisation wi... Read more
HKEX Appoints Johnson Chui As Head Of Global Issuer Services
Hong Kong Exchanges and Clearing Limited (HKEX) announced the appointment of Johnson Chui as Managing Director, Head of... Read more
KakaoPay Insurance Reaches 1.5 Million Users For Overseas Travel Coverage
KakaoPay Insurance, a digital non-life insurance provider in South Korea, has seen more than 1.5 million users sign up ... Read more
HKMA And Government To Enhance Financial Data Sharing With CDI-CDEG Linkage
The linkage between the Hong Kong Monetary Authority’s (HKMA) Commercial Data Interchange (CDI) and the Hong Kong Gov... Read more
HKMA And Banks Form SME Lending Taskforce To Address Financing Challenges
The Hong Kong Monetary Authority (HKMA) and The Hong Kong Association of Banks (HKAB) have announced the formation of a... Read more
Riding The Wave: Asia Payments Trends Show Digital Payments On The Rise
In the dynamic landscape of the Asian payments industry, a palpable shift is underway – one characterised by the rapi... Read more
Taiwan Unveils Digital Nomad Visa Plans To Attract Global Talent
Taiwan’s National Development Council (NDC) will introduce a new digital nomad scheme. This allows remote workers fro... Read more
Crypto.com Among 11 Crypto Exchanges Facing Uncertainty Over Full Licenses In Hong Kong
Concerns are mounting over whether 11 crypto exchanges that initially received provisional licenses will successfully o... Read more