Fintechnews

North Korea Linked to Over Half of 2025 Crypto Heist Losses

TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7 billion stolen in cryptocurrency hacks in

2025/12/19

South Korea Forms Task Force After Coupang Data Breach

The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to address the recent large-scale data breach at

2025/12/19

Is Hong Kong’s Default Life Insurance Choice a Wealth Drain?

Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in the world. The industry rakes in a staggering

2025/12/18

RedotPay Secures $107M Series B, Total Funding Hits $194M

RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total capital raised in 2025 to US$194 million. The

2025/12/17

91% of Hong Kong Merchants Lose Revenue to Payment Friction

Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants remain broadly optimistic about growth, financial

2025/12/17

Do Kwon Faces Possible Trial in Korea After US Conviction

Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor losses. He could face another trial and

2025/12/16

Startale, SBI Holdings to Develop Japan’s Regulated Yen Stablecoin

Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denominated stablecoin. The project aims to issue

2025/12/16

KakaoBank Expands in Indonesia Through Superbank Partnership

KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partnership with Superbank. Superbank is an Indonesian

2025/12/15

Ant International, HSBC and Swift Complete POC for Cross-Border Tokenised Deposits

Ant International, HSBC, and Swift have completed a Proof of Concept (POC) demonstrating the cross-border transfer of tokenised deposits using ISO 20022 standards

2025/12/12

a16z Crypto Opens First Office in Seoul to Expand in Asia

a16z crypto, the crypto-focused arm of Andreessen Horowitz, has announced its expansion into Asia with the opening of its first office in Seoul, South Korea. SungMo Park will join as Head of APAC go-to-market, leading the Seoul office and building a regional presence. The expansion follows the firm’s latest State of Crypto report, which highlights [...] The post a16z Crypto Opens First Office in Seoul to Expand in Asia appeared first on Fintech Hong Kong.

2025/12/11