Standard Chartered-backed Anchorpoint began an institutional rollout of its Hong Kong dollar stablecoin, HKDAP, following licensing approval.
Mirae Asset also plans to increase its stake from 92.06% to 97.15% through an additional deal later this week, local media reported.
The SBI's service would offer users a 3% annual yield for deposited JPYSC stablecoins, according to Nikkei.
This is part of a proof-of-concept involving telecommunications giant KDDI and crypto wallet firm HashPort.
The Japanese financial giant's recent crypto deals offer insights into how traditional finance is approaching digital assets.
The trust bank subsidiary, Connectia Trust, is expected to issue and manage a dollar-backed stablecoin, pending final approval.
The law requires crypto platforms to obtain licenses from the Financial Supervisory Commission before operating.
The Japanese financial conglomerate plans to take full control of Bitbank as it expands an ecosystem spanning crypto trading, stablecoins, tokenization and blockchain infrastructure.
Indonesia’s financial regulator will require influencers recommending crypto and other digital assets to hold relevant certifications as regulators worldwide tighten oversight of finfluencers.
South Korea’s Financial Services Commission has placed token securities infrastructure within a wider capital-market modernization plan covering faster settlement, longer trading hours and digital transformation.
Dash is assessing the Philippines for a potential crypto payments push as regulators promote easier business registration, though industry participants say compliant market entry can still take years.
A Japanese corporate pension fund serving about 1,200 small and medium-sized businesses plans to allocate roughly 1% of its assets to crypto as part of a currency diversification strategy.
Philippine SEC Commissioner Rogelio Quevedo told Cointelegraph that tokenized assets could give Filipinos more legitimate investment options while helping steer them away from scams.
A senior PBOC official called for closer monitoring, stronger regulation and international coordination as stablecoins gain importance in global payments.
Metaplanet CEO Simon Gerovich said the deal is expected to close in July, and the company plans to rename the business Metaplanet Securities.
The legislation is expected to take effect next year if approved by the upper house, the House of Councillors.
The program is set to grant customers vouchers worth 20% of their deposit interest payments, redeemable for cryptocurrencies.
Cosmos Labs has acquired Cosmos block explorer Mintscan and formed a new Korea-based subsidiary, Cosmos Labs Korea.
The Nasdaq-listed company said it has established INR order books to provide dedicated liquidity for users in the country.
Major institutions in South Korea are seeking to expand into digital assets in preparation for the upcoming regulatory framework for crypto.
Japan's LDP formally approved a policy proposal to build a next-generation financial system based on blockchain and AI.
Iranian media reported the launch of Hormuz Safe, a bitcoin-settled insurance platform tied to Strait of Hormuz cargo transit.
If approved, OKX would become the second global exchange to own a majority stake in a South Korean crypto platform, following Binance.
The acquisition of 2.28 million shares will give Hana Bank a 6.55% stake in Dunamu, making it the fourth-largest shareholder.
Korean won-denominated stablecoin KRWQ is expanding to Solana to support Korean won liquidity onchain.
The stablecoin is designed to be issued on Ethereum and Layer 1 public blockchain Japan Open Chain, which local enterprises operate.
Kraken parent Payward agreed to buy Hong Kong stablecoin payments firm Reap Technologies for $600 million in another acquisition.
Bithumb said it may make direct investments in the upcoming exchange, contingent on local regulatory approval.
Shinhan Card has partnered with the Solana Foundation for a proof-of-concept project testing a real-world payment system using stablecoins.
Cobo has launched Cobo Agentic Wallet, enabling AI agents to perform onchain tasks and incorporating multi-party computation for safety.