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Bank Indonesia and the Bank of Korea have launched cross-border QR payment connectivity between Indonesia and South Korea, allowing Indonesians to make transactions in Sout...
The Hong Kong Monetary Authority (HKMA) has yet to issue its first batch of stablecoin licenses, missing an earlier target of March 2026.
In February, Secretary Paul Chan said that Hong Kong
Digital wallets have surpassed cards for the first time in the city’s payments landscape, according to the Global Payments Report 2026 by Worldpay.
In 2025, digital wallets accounted for 41% of e-commerce value and 45% of point-of-sale (POS) transactions, making the...
HSBC has appointed Max Xu as Head of International Wealth and Premier Banking (IWPB), HSBC China, and Samuel Chen as Head of Private Bank, HSBC China, both effective 1 April 2026.
The appointments form part of the bank’s strategy to expand its wealth business in mainland China.
OSL Group reported its annual results for the year ended 31 December 2025. The company said it recorded growth during the year and shifted its strategy towards stablecoin payments and trading.
Core operating income rose 150.1% year-on-year to HK$534 million, while total incom...