HashKey debuted on Hong Kong’s HKEX following a $206 million oversubscribed IPO, with the stock seeing notable volatility on its first day of trading.
Asia News
- News1345
- News
StraitsX will expand its Singapore dollar and US dollar stablecoins to Solana by early 2026, targeting payments, DeFi and AI use cases.
1569 - News
SBI Holdings and Startale plan a regulated yen stablecoin via Shinsei Trust, aiming for tokenized assets and cross-border settlement by Q2 2026.
1709 - News
Following a missed key deadline, South Korea’s government aims to reach common ground on stablecoin regulation by January 2026.
2670 - News
Standard Chartered Malaysia and AirAsia parent Capital A plan to issue and test a ringgit-pegged stablecoin for wholesale applications.
1890 - News
A16z Crypto has opened its first Asian office in Seoul, South Korea, led by former Polygon Labs executive SungMo Park, with the venture capital firm noting the region’s dominance in global adoption.
2404 - News
Sygnum’s APAC HNWI Report 2025 found that 87% of Asia’s high-net-worth individuals are already exposed to crypto, with an average allocation of approximately 17%.
2951 - News
Malaysia’s crown prince launched a stablecoin on Zetrix and a $121 million digital asset treasury modeled after MicroStrategy, despite sector bubble fears.
3104 - News
Hong Kong has launched a public consultation on adopting the OECD’s crypto account tax data sharing program, CARF, and revising its tax reporting standards.
3643 - News
HashKey opens IPO subscriptions as it seeks to raise $214.7 million, valuing Hong Kong’s biggest crypto exchange at about $2.5 billion.
1971 - News
South Korean lawmakers set a Dec. 10 deadline for a stablecoin regulation draft, warning they’ll legislate independently if regulators miss the deadline.
5237 - News
Sony Bank is reportedly pursuing a US license and partnering with Bastion as it develops a 2026 dollar stablecoin connected to its growing Web3 unit, BlockBloom.
16236 - News
Uzbekistan will reportedly roll out stablecoins as an official payment method from Jan. 1, 2026, under a new regulatory sandbox that also enables tokenized securities trading.
4486 - News
Wemade’s new GAKS alliance brings Chainalysis, CertiK and SentBe together to support a compliant KRW stablecoin mainnet after multiple setbacks.
1862 - News
South Korea’s AML overhaul introduces stricter reporting, bans offenders from owning VASPs and implements preemptive freezes to prevent illicit crypto flows.
2321