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Vertex Ventures SEA & India leads $16M Series A in Spyne to expand in US, EMEA, APAC

The company continues to expand into new international markets, including high-growth regions in EMEA and APAC, replicating its successful US go-to-market strategy to drive further global adoption.

Standard Chartered, Animoca Brands and HKT team up to issue HKD-backed stablecoin

Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands, and HKT have entered into agreements to establish a joint venture (JV) with the intention to apply for a license from the Hong Kong Monetary Authority (HKMA) in the new regulatory regime in order to issue a Hong Kong dollar-backed stable coin.

EBANX secures in-principle approval for MPI license from MAS for global payment

EBANX, a Brazil-based global payment service provider (PSP) specializing in emerging markets, has on Monday announced that the firm has been granted in-principle approval for a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).

SC introduces regulatory sandbox to facilitate innovation

The Securities Commission Malaysia (SC) has on Monday released its Regulatory Sandbox Guidelines, detailing the eligibility criteria and requirements for participation.

GCash & BillEase power Enstack merchants with flexible ‘Pay Later’ options to boost sales & growth

This initiative aims to provide small and medium businesses (SMBs) with more flexible and secure payment options while improving access to credit for buyers.

Singapore’s StraitsX partners with Standard Chartered to strengthen stablecoin infrastructure

Through this collaboration, Standard Chartered will serve as one of StraitsX’s trusted banking partners, providing robust cash management and custody services for the reserve assets backing StraitsX’s U.S. Dollar and Singapore Dollar stablecoins, XUSD and XSGD.

Techsauce sees tech ecosystem in Thailand & Southeast Asia ‘promising’ & ‘challenging’

TNGlobal talked to Techsauce Chief Executive Officer and Co-Founder Oranuch Lerdsuwankij (Mimie) to learn more about the company’s achievements in 2024, its plans and priorities in 2025. She also shared her views on the outlook of the tech ecosystem in Southeast Asia for the new year.

Malaysia, Indonesia and Thailand’s central banks adopt local currency transaction framework operational guidelines

Central Banks of Malaysia, Indonesia and Thailand said Monday they will harmonize and broaden the scope of local currency transaction framework to encourage transactions in local currencies.

EconWorks : Grab’s on-demand services in Malaysia adds almost $2.23B to local economy

Singapore-based superapp Grab’s on-demand services, including ride-hailing and delivery, facilitated a substantial economic contribution of MYR 9.9 billion ($2.23 billion) to the Malaysian economy in 2023, approximately 0.5 percent of the country’s gross domestic product (GDP), EconWorks revealed Monday.

Animoca Brands Japan partners with XANA to support global Web3 expansion of game

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has on Monday announced it has entered into a partnership with XANA LLC, the company behind the Web3 metaverse XANA.