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Do Kwon Faces Possible Trial in Korea After US Conviction

Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor losses. He could face another trial and

2025/12/16

Startale, SBI Holdings to Develop Japan’s Regulated Yen Stablecoin

Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denominated stablecoin. The project aims to issue

2025/12/16

KakaoBank Expands in Indonesia Through Superbank Partnership

KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partnership with Superbank. Superbank is an Indonesian

2025/12/15

Ant International, HSBC and Swift Complete POC for Cross-Border Tokenised Deposits

Ant International, HSBC, and Swift have completed a Proof of Concept (POC) demonstrating the cross-border transfer of tokenised deposits using ISO 20022 standards

2025/12/12

a16z Crypto Opens First Office in Seoul to Expand in Asia

a16z crypto, the crypto-focused arm of Andreessen Horowitz, has announced its expansion into Asia with the opening of its first office in Seoul, South Korea. SungMo Park will join as Head of APAC go-to-market, leading the Seoul office and building a regional presence. The expansion follows the firm’s latest State of Crypto report, which highlights [...] The post a16z Crypto Opens First Office in Seoul to Expand in Asia appeared first on Fintech Hong Kong.

2025/12/11

Trio AI and AbbyPay Partner to Integrate AI into Payment Processing

Trio AI, a Hong Kong-based AI infrastructure service provider, has signed a MouU with AbbyPay, a POS-free digital payment brand under The Payment Cards Group Limited (PCG), on 26 November, marking the start of their strategic partnership to integrate AI into payment processing. Trio AI provides secure, scalable AI computing platforms that support end-to-end model [...] The post Trio AI and AbbyPay Partner to Integrate AI into Payment Processing appeared first on Fintech Hong Kong.

2025/12/10

KPay Enables Tap to Pay on iPhone for Hong Kong Merchants

KPay now allows its Hong Kong merchants to accept in-person contactless payments using Tap to Pay on iPhone. The feature enables businesses to take contactless credit and debit cards, Apple Pay, and other digital wallets directly through an iPhone running the KPay iOS app, without additional hardware. At checkout, merchants prompt customers to place their [...] The post KPay Enables Tap to Pay on iPhone for Hong Kong Merchants appeared first on Fintech Hong Kong.

2025/12/10

HashKey Group IPO Targets Up to HK1.67 Billion in Hong Kong Listing

Licensed crypto exchange HashKey Group is intending to raise as much as HK$1.67 billion in its Hong Kong initial public offering (IPO), according to a recent Reuters report. The company is offering 240.6 million shares at a price range of HK$5.95 to HK$6.95 per share. Final pricing is scheduled for 16 December 2025. The shares [...] The post HashKey Group IPO Targets Up to HK1.67 Billion in Hong Kong Listing appeared first on Fintech Hong Kong.

2025/12/09

Endowus Launches Income Enhanced Portfolio for Professional Investors

Endowus, an independent wealth advisor and investment platform in Asia, has launched its Income Enhanced Portfolio, available to professional and accredited investors in Hong Kong and Singapore. The portfolio is designed to provide diversified income solutions, drawing on a broader range of opportunities to manage risk and potentially enhance returns. As global interest rates begin [...] The post Endowus Launches Income Enhanced Portfolio for Professional Investors appeared first on Fintech Hong Kong.

2025/12/09

PAObank Launches Real-Time FX Service in Partnership with Citi

Citi and PAObank have partnered to enable PAObank to offer a real-time foreign exchange (FX) service for its retail customers. The service allows transactions in Hong Kong dollars, US dollars, and Renminbi on a 24/7 basis, with plans to extend it to additional currencies. While the service is supported by Citi’s platform, it is provided [...] The post PAObank Launches Real-Time FX Service in Partnership with Citi appeared first on Fintech Hong Kong.

2025/12/09