Banking

Pakistan Banks Can Now Serve Crypto Firms After 8-Year Ban Ends
Banking

Pakistan Banks Can Now Serve Crypto Firms After 8-Year Ban Ends

State Bank of Pakistan permits licensed crypto exchanges to open bank accounts under new Virtual Assets Act framework, reversing 2018 prohibition.

88% of Banks Funded for Digital Assets But Only 16% Live - Fireblocks Survey
Banking

88% of Banks Funded for Digital Assets But Only 16% Live - Fireblocks Survey

New Fireblocks research reveals massive gap between bank digital asset budgets and production deployment, with custody infrastructure the key bottleneck.

Major Banks Race to Launch Stablecoins as $300B Market Matures
Banking

Major Banks Race to Launch Stablecoins as $300B Market Matures

ANZ, ABN AMRO, and regional banks are building stablecoin infrastructure. Why traditional finance is moving fast and what's driving the institutional push.

HKMA Survey Shows Hong Kong SME Credit Conditions Stabilizing in Q4 2025
Banking

HKMA Survey Shows Hong Kong SME Credit Conditions Stabilizing in Q4 2025

Hong Kong Monetary Authority reports 70% of SMEs now perceive easier or similar bank credit approval, up from 59% last quarter, signaling improved lending sentiment.

Hong Kong Banks Launch 'Money Safe' to Bolster Anti-Scam Measures
Banking

Hong Kong Banks Launch 'Money Safe' to Bolster Anti-Scam Measures

Hong Kong Monetary Authority and banks launch 'Money Safe' service to enhance deposit protection and combat scams effectively.

HKMA Expands RMB Business Facility with Increased Quota and New Participants
Banking

HKMA Expands RMB Business Facility with Increased Quota and New Participants

The Hong Kong Monetary Authority (HKMA) expands its RMB Business Facility, increasing the quota to RMB100 billion and adding 40 participating banks in Phase 2.

Banks Embrace Digital Asset Trading Amid Rising Tokenization
Banking

Banks Embrace Digital Asset Trading Amid Rising Tokenization

Banks are expanding into digital asset trading and brokerage services as tokenized assets gain traction, revolutionizing market infrastructure and client engagement.

The Significance of Stablecoins for Banks: A Financial Evolution
Banking

The Significance of Stablecoins for Banks: A Financial Evolution

Stablecoins are revolutionizing the banking industry by providing fast, cost-effective, and programmable payment solutions, offering banks opportunities for innovation and enhanced compliance.

Hong Kong Banks Implement New Measures for Tai Po Fire Victims
Banking

Hong Kong Banks Implement New Measures for Tai Po Fire Victims

In response to the Tai Po fire, Hong Kong banks have introduced additional measures to support affected individuals, including expedited account handling and flexible credit support.

Hong Kong Banks Implement Emergency Measures for Tai Po Fire Victims
Banking

Hong Kong Banks Implement Emergency Measures for Tai Po Fire Victims

In response to the Tai Po fire, Hong Kong banks introduce six emergency support measures to assist affected residents, including repayment grace periods and extended service hours.