Asia
🎙 By late 2025, South Korea 🇰🇷 will launch a QR code-based payment system in Indonesia 🇮🇩 Paid Members Public
🎙 By late 2025, South Korea 🇰🇷 will launch a QR code-based payment system in Indonesia 🇮🇩 South Korea will roll out a QR code-based payment system in Indonesia, following models previously used by Chinese platforms like Alipay and WeChat 🇨🇳. The goal is to develop a network that links Korean financial institutions with
🐘 India 🇮🇳 overtakes China 🇨🇳 to become Asia's leading fintech market by deal volume Paid Members Public
🐘 India 🇮🇳 overtakes China 🇨🇳 to become Asia's leading fintech market by deal volume A standout case is Cashfree, an Indian payments startup that processes over $80 billion USD in transactions annually. This quarter, the company closed one of Asia’s largest fintech deals, securing $53 million USD in a
📣 Japan 🇯🇵: US-based Stripe 🇺🇸 simplifies digital payments for local businesses Paid Members Public
📣 Japan 🇯🇵: US-based Stripe 🇺🇸 simplifies digital payments for local businesses Now merchants —users of Japan’s PayPay payment system— can accept QR code payments and installment card payments. ➡️ Context: PayPay currently has around 68 million users. The partnership with Stripe is expected to expand its reach even further. ➡️ Stripe’s platform
☠️ UN warns: Southeast Asian cybercriminals now operate at industrial scale Paid Members Public
☠️ UN warns: Southeast Asian cybercriminals now operate at industrial scale They’ve become the undisputed leaders in global scams, money laundering, and underground banking. The threat posed by criminal networks in countries like Myanmar 🇲🇲, Cambodia 🇰🇭, and Laos 🇱🇦 now exceeds the capacity of governments to contain it. ▶️ The UN Office on
✌️ Revolut in motion: currency exchange for Asian markets is here! ❗ Plus Exciting updates for Europe Paid Members Public
✌️ Revolut in motion: currency exchange for Asian markets is here! ❗ Plus Exciting updates for Europe Revolut has launched 5 new currency wallets, including the Chinese yuan (CNY), Vietnamese dong (VND), Moroccan dirham (MAD), Icelandic krona (ISK), and Serbian dinar (RSD). ➡️ Revolut users can now store a total of 39 different
⬆️ Malaysia 🇲🇾 and Cambodia 🇰🇭 launch second phase of cross-border QR payments Paid Members Public
⬆️ Malaysia 🇲🇾 and Cambodia 🇰🇭 launch second phase of cross-border QR payments The project is led by Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC). The first phase was implemented in 2024, only in Cambodia, where BNM recorded 5.2 million transactions — four times more than the previous year.
☠️ After a $1.45 Billion Hack, Crypto Exchange Bybit Strengthens Its Security Paid Members Public
☠️ After a $1.45 Billion Hack, Crypto Exchange Bybit Strengthens Its Security In response to the incident, Bybit announced a partnership with UK-based firm Zodia Custody🇬🇧, which specializes in security for institutional clients. Backed by traditional financial institutions such as Standard Chartered, Zodia offers segregated custody and off-exchange settlement services.
😱 Thailand 🇹🇭: The Securities Commission (SEC) files criminal charges against OKX 🇨🇳 for operating without a license Paid Members Public
😱 Thailand 🇹🇭: The Securities Commission (SEC) files criminal charges against OKX 🇨🇳 for operating without a license The Securities and Exchange Commission (SEC) of Thailand has initiated legal action against OKX, along with nine other individuals, for operating in the country’s cryptocurrency market without the required license. The lawsuit centers around