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Get the latest Fintech Hong Kong insights and news across topics like; virtual banks, web 3.0, payments, e-wallets, insurtech, and more.
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Standard Chartered Becomes First Bank to Distribute HKDAP Stablecoin
Standard Chartered Bank (Hong Kong) Limited (SCBHK) has become the first bank distributor of HKDAP, the Hong Kong dollar-backed stablecoin issued by Anchorpoint Financial. The bank is now actively engaging with eligible institutional clients and partners
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Lianlian DigiTech Profit Doubles in H12026, Agent Wallet Pushes to Address Payment Needs
Lianlian DigiTech Co., Ltd, a payment service provider headquartered in China, reported its interim results for the first six months ended 30 June 2026. The company shared that it delivered growth across revenue, profitability, and product development dur
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RedotPay Lands First US Money Transmitter License in State-by-State Push
RedotPay recently announced that it received its first state-level US Money Transmitter License in the United States. The RedotPay US Money Transmitter License approval is said to support its long-term expansion plans in the country. License applications
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Alibaba Share Sale Aims to Put $10.2 Billion Behind Its AI Ambitions
Alibaba has launched a $10.2 billion share placement to fund its artificial intelligence expansion. The deal ranks as the largest-ever primary follow-on offering by a Hong Kong-listed company, according to Reuters. The company priced 710 million new share
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Thales Maps Out a Complete Institutional Digital Asset Security Framework
Stablecoins and tokenised real-world assets are pulling banks, neobanks and other regulated institutions deeper and more willingly into digital markets. According to Blair Canavan, Director of Alliances for the Post Quantum Cryptography (PQC) Portfolio at
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Ant International and Bank of China Partner to Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) ("BOCHK") announced a partnership which leverages BOCHK's banking strengths and Ant International's fintech and AI strategies. Through the Ant International BOCHK partnership, both parties aim to explore AI-
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BitGo Korea Gets Green Light for Virtual Asset Custody, Backed by SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset Service Provider (VASP) registration from the Korea Financial Intelligence Unit. With the VASP registration, the company will be able t
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Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentials, phishing and social engineering to get into real customer accounts, then move money, change account details or steal sensitive data.
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JCB to Trial Stablecoin Payments in Japan with Digital Garage and Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly entered into a basic agreement to conduct a proof of concept (PoC) for in-store payments using stablecoins. The initiative brings togeth
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Bonnie Chan to Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Limited (HKEX) Chief Executive Officer, Bonnie Y Chan, for a further three-year term from 1 March 2027 to 28 February 2030. Chan's appointm
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