27 C
Vientiane
Thursday, September 11, 2025
spot_img
Home Blog Page 183

Hong Kong Stablecoin Forum Focuses on Payment Innovation – Fopay’s “Three-Pillar” Solution Leads Industry Trends

HONG KONG, Aug. 25, 2025 /PRNewswire/ — With the formal enactment of the Hong Kong Stablecoin Ordinance, new momentum has been injected into the development of digital financial technology. The “Stablecoin Innovation Forum: Exploring the New Era of RWA and Fintech”, hosted by Alibaba Cloud, was successfully held at the Conrad Hong Kong.

The forum brought together over a hundred industry leaders from fields such as payment finance, physical assets, and trading platforms to engage in in-depth discussions on cutting-edge topics including stablecoin regulatory frameworks, innovative applications of digital assets, and the transformation of brokerages into RWA. Representatives from several well-known institutions shared their innovative practical achievements, collectively exploring how stablecoin technology can reshape the financial services ecosystem.

As the digital payment platform under Hong Kong-listed company WellCell Holdings Co., Limited (02477.HK), Fopay showcased its innovative digital asset circulation solution at the forum, drawing widespread attention from attendees with its three core advantages: “integrated convergence, Hong Kong compliance, and three-step simplicity”.


Security • Compliance • Ease of Use: Redefining the Digital Payment Experience

Fopay Business Development Director Calvin Chau emphasized: “The core pain point in current digital asset applications lies in the fragmented payment experience. Fopay’s mission is to make stablecoin payments as simple as using a credit card.” He elaborated three core advantages on the platform:

Firstly, Fopay’s vision is to fully meet regulatory compliance requirements and, through collaboration with leading industry institutions, build a comprehensive financial payment ecosystem that connects stablecoin assets with the Web 2.0 world. This mainly includes stablecoin asset management, card services, cross-border payments and acquiring services, and more, providing enterprises and individuals with a one-stop service for stablecoin-related receiving, paying, managing, remitting, and exchanging.


Secondly, in the field of digital assets, security and trust are the prerequisites for all innovation. Built on a solid foundation of compliance within Hong Kong’s well-established regulatory framework, Fopay strictly adheres to Hong Kong’s virtual asset regulatory requirements. As a compliant platform under a listed company, it provides institutional-grade protection for user assets through licensed operations, transparent auditing, and a robust reserve mechanism.

This “compliance endorsement” from Hong Kong is the core trust assurance that distinguishes Fopay from other solutions.

Thirdly, creating an extremely simple user experience completed in three steps streamlines the entire process. Users only need three steps: register, top up, and “tap” to spend freely. Fopay significantly lowers the barrier to using digital payments, ensuring technology truly serves people.

Calvin stated that Fopay’s innovative solution not only addresses the payment pain points of individual users but also provides a compliant pathway for enterprises to participate in the digital economy. Fopay will continue to collaborate with industry ecosystem partners to accelerate the synergistic innovation between Web3 and traditional finance, offering implementable solutions for digital asset application scenarios, and supporting the innovative development of fintech in Hong Kong and globally.

Epicsoft Asia Completes Compulsory Acquisition and Delisting of Ban Leong Technologies Limited

SINGAPORE, Aug. 25, 2025 /PRNewswire/ — Epicsoft Asia Pte. Ltd. (“Epicsoft Asia” or “Offeror”), an indirect subsidiary of GCL Global Holdings Ltd (“GCL”) (NASDAQ: GCL), today announced it has completed the compulsory acquisition of Ban Leong Technologies Limited (“Ban Leong“) on August 25, 2025, and that Ban Leong will be delisted from the Official List of the Singapore Exchange Securities Trading Limited (“SGX-ST”) on August 26, 2025 (collectively, the “Announcement”).

For over three decades, Ban Leong has been a leading distributor of technology products across Asia, offering an extensive portfolio that includes IT accessories, gaming components, smart (IoT) devices, and commercial solutions. The company is an authorized distributor for more than 50 globally recognized brands, including Razer, Nvidia, Samsung, Huawei, TP-Link, and LG. Leveraging a comprehensive multi-channel distribution strategy, Ban Leong reaches customers through e-commerce platforms, brick-and-mortar retailers, chain stores, and direct sales to corporate resellers and system integrators. The company also operates service centers in Singapore, Malaysia, and Thailand, providing dedicated technical support and repair services to ensure quality and customer satisfaction.

“This acquisition opens an exciting new chapter for Ban Leong, one that will unlock opportunities, fuel innovation, and strengthen our ability to deliver exceptional technology solutions across Asia,” said Ronald Teng, Managing Director of Ban Leong. “The acquisition marks a significant milestone in our 30-year journey, enabling us to leverage GCL’s global ecosystem, expertise, and distribution network to accelerate growth and generate value for our customers, partners, and brands. Together, we look forward to driving innovation, expanding our market presence, and delivering technology solutions that empower businesses and enrich lives across Asia.”

“Today we celebrate the completion of the entire deal and officially welcome Ban Leong’s talented team to the GCL family. This milestone is a pivotal step forward in our vision to build a fully integrated gaming ecosystem that bridges content, hardware, and distribution across Asia and beyond,” said Sebastian Toke, Group CEO of GCL.

“The combination of our strengths is expected to result in significant synergies, from operational efficiencies and economies of scale to new revenue streams and expanded sales channels. By aligning with Ban Leong’s proven marketing and procurement strategies in consumer electronics and gaming hardware, we see exciting opportunities to enhance our market positioning and generate value for our customers. Together, we’ll explore initiatives such as introducing branded gaming devices pre-installed with GCL game titles, expanding B2C offerings for gaming peripherals and PC components, and leveraging our joint infrastructure to support the broader commercialization of our gaming portfolio. We look forward to this next chapter of innovation and collaboration and are excited about the future we will build together.”

This press release should be read in conjunction with the full text of the Announcement, a copy of which may be obtained from the website of the SGX-ST.

About GCL Global Holdings Ltd

GCL Global Holdings Ltd leverages its diverse portfolio of digital and physical content to bridge cultures and audiences by introducing Asian-developed IP to a global audience across consoles, PCs, and streaming platforms.

Learn more at http://www.gclglobalholdings.com.

About GCL Global Pte. Ltd.

GCL Global Pte. Ltd. (“GGPL”) unites people through immersive games and entertainment experiences, enabling creators to deliver engaging content and fun gameplay experiences to gaming communities worldwide with a strategic focus on the rapidly expanding Asian gaming market. It is an indirect wholly-owned subsidiary of GCL Global Holdings Ltd.

About Epicsoft Asia Pte. Ltd.

Epicsoft Asia Pte. Ltd. (“Epicsoft Asia”), a wholly-owned subsidiary of GCL Global Pte. Ltd., is a premier distributor of interactive entertainment software. With a robust network and a proven track record of successful game launches, Epicsoft Asia is dedicated to bringing premier gaming experiences to players across Taiwan, Hong Kong, and Southeast Asia.

About Ban Leong Technologies Limited

Ban Leong Technologies Limited (“Ban Leong“) was incorporated in Singapore on 18 June 1993 and was listed on the Main Board of the Singapore Exchange Securities Trading Limited on 23 June 2005. The principal activities of Ban Leong and its subsidiaries are the wholesale and distribution of computer peripherals, accessories and other multimedia products. Ban Leong distributes a wide range of technology products, with key segments that include IT accessories, gaming, multimedia, smart technology and commercial products. Ban Leong is headquartered in Singapore with regional offices in Malaysia and Thailand.

Forward-Looking Statements

All statements other than statements of historical facts included in this press release are or may be forward-looking statements. Forward-looking statements include but are not limited to those using words such as “aim”, “seek”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “project”, “plan”, “strategy”, “forecast”, “targets” and similar expressions or future or conditional verbs such as “will”, “would”, “should”, “could”, “may” and “might”. These statements reflect the Offeror’s current expectations, beliefs, hopes, intentions or strategies regarding the future and assumptions in light of currently available information. Such forward-looking statements are not guarantees of future performance or events and involve known and unknown risks and uncertainties. Accordingly, actual results or outcomes may differ materially from those described in such forward-looking statements. Shareholders and investors should not place undue reliance on such forward-looking statements, and the Offeror does not undertake any obligation to update publicly or revise any forward-looking statements, subject to compliance with all applicable laws and regulations.

Bybit Unveils 1H 2025 Report: A Masterclass in Crisis Response, AI-Driven Innovation, and Market Leadership

DUBAI, UAE, Aug. 25, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume,  has published its 1H 2025 Half-Year Report, revealing how it turned one of the most challenging periods in crypto history into a milestone of resilience, innovation, and growth.

Bybit Unveils 1H 2025 Report: A Masterclass in Crisis Response, AI-Driven Innovation, and Market Leadership
Bybit Unveils 1H 2025 Report: A Masterclass in Crisis Response, AI-Driven Innovation, and Market Leadership

The first half of 2025 was marked by a coordinated $1.4 billion cyberattack on one of our vendors by the Lazarus Group—one of the largest security threats the crypto industry has ever faced. Yet Bybit emerged stronger, demonstrating operational maturity, swift crisis response, and its ability to lead from the front. The exchange fully protected its users, introduced breakthrough AI tools, expanded its regulated footprint, and cemented its position as the most trusted gateway to Web3.

Key Takeaways from the Report

  • 70M+ registered users as of May 9 — reaffirming Bybit as the world’s #2 crypto exchange by trading volume.
  • 0 client fund loss — Bybit’s 1:1 reserve guarantee ensured all user assets remained fully intact after the Lazarus attack.
  • $73.36M frozen and $29.7M recovered via LazarusBounty — with $141M+ in illicit flows traced.
  • BTC market depth rebounded to $13M/day within 30 days — leading the industry in liquidity recovery.
  • 5M+ users on TradeGPT — Bybit’s AI assistant powering smarter, faster trading decisions.
  • 78 TradFi instruments + 10+ tokenized stocks launched — from AAPL and TSLA to SPY, users can now trade real-world equities and ETFs via Bybit TradFi and xStocks on Spot, bringing global markets on-chain
  • 2M+ Bybit Card users — accepted via Mastercard, Apple Pay, and Google Pay at 150M+ global merchants.
  • Over $2M pledged for global good — from earthquake relief in Tibet, Myanmar, and Thailand, to flood aid in South Africa, $1M impact investment via BGA in Latin America, and $200K+ in scholarships for students across Africa and Korea.
  • 50+ security upgrades — a slew of security upgrades after 9 security audits within a month and full Proof-of-Reserves, establishing new trust benchmarks.
  • MiCAR license secured in Austria — enabling Bybit to serve 450M+ Europeans through a fully regulated framework and passport its services in 29 EEA (European Economic Area) countries

“Trust is the foundation of everything we do at Bybit. We’ve proven not only that we’re solvent and secure, but also that we act with full transparency—especially when it matters most,” said Ben Zhou, co-founder and CEO of Bybit. “Securing a MiCAR license and expanding our regulatory footprint reflects our long-term vision: to be the most trusted and compliant gateway to Web3.”

The Bybit H1 2025 Half-Year Report offers exclusive data, operational insights, and a blueprint for how leading crypto institutions can navigate volatility while building for the future. From AI-driven trading to real-world asset tokenization and global regulatory alignment, the report underscores how Bybit is not just responding to change—it’s shaping what comes next.

The second half of the year will mark a pivotal era for Bybit—a time to reshape crypto’s role in everyday life and traditional finance. As a key player in the industry, Bybit embraces the responsibility of driving broader adoption for the crypto industry. We are committed to being a leading force in rewriting security and industry standards—co-building is in our DNA.

Download the Full Report here.

#Bybit / #TheCryptoArk / #IMakeIt

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Pulnovo Medical Names Dr. Francis Duhay as Global Chief Medical Officer

SHANGHAI, Aug. 25, 2025 /PRNewswire/ — Pulnovo Medical, a global leader in mechanism-driven therapies for Pulmonary Hypertension (PH) and Heart Failure (HF), today announced the appointment of Francis Duhay, MD, MBA, FACS as Global Chief Medical Officer.

Dr. Duhay, a board-certified General and Cardiothoracic Surgeon, brings over 25 years of experience in clinical medicine, medical device innovation, and executive leadership. As former Chief Medical Officer at Edwards Lifesciences (NYSE: EW), he played a decisive role in the development, clinical validation, and worldwide adoption of Transcatheter Aortic Valve Replacement (TAVR)—a transformative therapy now recognized as one of the most successful cardiovascular procedures in the history of medical devices., with over $4.0 billion in annual revenue and adoption in more than 80 countries.

His career spans leadership of 88 clinical studies across multiple specialties and close collaboration with global regulatory bodies, including the U.S. Food and Drug Administration (FDA) and the Centers for Medicare & Medicaid Services (CMS).

With Dr. Duhay’s appointment, Pulnovo strengthens its global medical leadership as it advances its Pulmonary Artery Denervation (PADN) program and expands its footprint in international markets. His proven track record in bringing paradigm-shifting cardiovascular technologies from concept to global standard of care positions Pulnovo for its next phase of innovation and growth.

Lao Post Halts Parcel Shipments to the United States

Lao Post Office

Lao Post Co., Ltd. has announced the temporary suspension of all parcel shipments to the United States, effective immediately.

The decision comes in response to recent changes in U.S. trade policy that are expected to impact international mail and logistics.

According to the official statement released by Lao Post, the suspension is due to the revocation of the duty-free exemption by the United States government, following an executive order issued by President Donald Trump.

The policy is scheduled to take effect on 29 August, and has already begun causing significant disruptions to international parcel delivery services.

“As a result of the policy shift, parcel acceptance for the United States is now suspended until further notice,” the announcement read.

However, Lao Post emphasized that letter-post services to the U.S. remain unaffected and will continue to operate as usual.
The postal authority extended its apologies for the inconvenience caused and assured customers that updates will be provided as the situation develops.

Customers are advised to check with local post offices or the Lao Post website for the latest information.

Trinasolar Tops BNEF’s ESG Ranking for Global PV Module Manufacturers, Leading the Industry in Sustainable Development

CHANGZHOU, China, Aug. 25, 2025 /PRNewswire/ — Recently, BloombergNEF, a leading authority in renewable energy, released its latest report assessing the resilience and innovation of seven major PV module manufacturers amid dynamic global market conditions. BNEF highlighted Trinasolar’s dedicated global strategy, strong bankability, pioneering technological innovation, and outstanding sustainability performance. As of May 2025, Trinasolar achieved the highest ESG score among all PV module manufacturers evaluated, reaffirming its leadership in sustainable development.

Bloomberg ESG Score for solar manufacturers,as of May 2025
Bloomberg ESG Score for solar manufacturers,as of May 2025

The report placed particular emphasis on manufacturers’ renewable electricity usage in production. In 2023, Trinasolar launched 47 energy-saving projects across 32 global manufacturing sites. Its production facilities generated 223,794 MWh of on-site renewable electricity, becoming a key clean power source in its operations. The company also optimized energy management, achieving significant reductions in comprehensive energy use per unit—down 39.5% for cell products and 40.2% for modules compared with 2020.

Trinasolar’s achievements have earned recognition from global authorities. Several of its plants in Changzhou, Suqian, and Yancheng, China, were named National Green Factories. In 2023, Trinasolar’s Yiwu facility’s “Zero-Carbon Factory” certification was upgraded to four stars. Its Vertex N modules received Carbon Footprint and EPD certifications from UL Solutions, Elementa 2 earned EPD and ISO 14067, and the TrinaTracker Vanguard 1P achieved Bureau Veritas Carbon Footprint Verification. These honors highlight Trinasolar’s strength in sustainable manufacturing and commitment to delivering lower-carbon, more sustainable solutions to global clients.

BNEF noted that as solar energy rapidly replaces fossil fuels, investors and regulators are placing greater emphasis on manufacturers’ sustainability performance and transparency. In the first half of 2025, Trinasolar was recognized with several ESG honors, including Bloomberg Green’s “Workplace for All,” BSI’s Standard Pioneer Award, and Silver Certification from the Solar Stewardship Initiative ESG Standard. These accolades underscore Trinasolar’s progress in ESG management, disclosure quality, and overall sustainability.

Looking ahead, Trinasolar will continue to advance sustainable manufacturing technologies and promote a green supply chain to accelerate the global transition to clean, low-carbon energy. The company remains committed to strengthening ESG practices and working with partners worldwide to help build a net-zero future.

Experience Japan’s Stunning Autumn with Fall Foliage and Hot Springs—-Carefully selected scenic routes for those planning a Japan trip in fall 2025

Enjoy a fulfilling travel plan combining Japan’s famous fall foliage spots, soothing hot springs, and top tourist attractions. Club Tourism presents seasonal limited tours for autumn 2025.

Special feature for those considering travel to Japan in fall 2025.

TOKYO, Aug. 25, 2025 /PRNewswire/ — Club Tourism (Headquarters: Koto-Ku, Tokyo) is now offering a special lineup of seasonal tours for fall 2025, themed around “Fall Foliage × Hot Springs.”

These tours are especially popular among travelers from Western countries and are coordinated to match the best viewing times at the most scenic locations, offering the perfect combination of spectacular foliage and renowned hot springs.

Autumn in Japan is a beautiful season when vibrant red and golden leaves paint the landscapes throughout the country. Pairing this with a relaxing hot spring experience creates a truly one-of-a-kind journey for visitors.

To bring out the best of this seasonal charm, Club Tourism offers comprehensive support including foliage-peak maps, carefully selected hot spring destinations, comfortable transportation, and guided tours. Itineraries are designed with a relaxed pace to accommodate middle-aged and senior travelers.

Featured Autumn Tour Areas

Kyoto's Fall Foliage
Kyoto’s Fall Foliage

【No.1】Kyoto’s Fall Foliage

As the cultural heart of Japan, Kyoto is home to numerous famous foliage spots. Enjoy the view of the colorful valley from Tsutenkyo Bridge at Tofukuji Temple, stroll through the bamboo grove of Arashiyama blended with autumn colors, or take in the magical nighttime illumination at Kiyomizu Temple. The contrast between traditional streets and vivid leaves offers a scenery that feels like stepping into a painted scroll.

Details: https://x.gd/S8egG

Japan's Fall Foliage
Japan’s Fall Foliage

【No.2】Tohoku Region’s Fall Foliage

Surrounded by majestic nature, the Tohoku region reaches peak foliage from mid-October to early November. Highlights include the mountain views from the Zao Ropeway, the harmony of fall colors and water at Lake Towada and Oirase Gorge, and the breathtaking scenery of red and orange covering Mt. Kurikoma. What makes Tohoku special is the chance to enjoy autumn foliage peacefully in untouched natural settings.

Details: https://x.gd/ruXX2

【No.3】Nikko, Kinugawa & Kusatsu Area’s Fall Foliage

Easily accessible from Tokyo, the Nikko–Kinugawa–Kusatsu area offers a luxurious fall getaway where you can enjoy both foliage and hot springs. The vibrant colors around Kegon Falls and Lake Chuzenji are dramatic, and walking along the Kinugawa Valley or soaking in an open-air bath at Kusatsu Onsen while enjoying the autumn scenery provides the ultimate relaxation. It’s a tour where you can enjoy nature, culture, and hot springs all at once.

Details: https://x.gd/PhNWV

Want to discover more autumn foliage tours?
▶ Explore our full collection of Fall Foliage & Hot Springs Tours: https://x.gd/QOp1O

Special Campaign Now On!
¥1,000 off when you spend over ¥6,000
¥2,000 off when you spend over ¥20,000

Recommended for:

  • Those planning a trip to Japan in fall 2025
  • Those who want to enjoy not only foliage but also hot springs and cultural experiences
  • Middle-aged and senior travelers looking for a calm, crowd-free journey
  • Those who prefer the convenience of a well-organized package tour

About Club Tourism

Club Tourism is a travel agency under the Kintetsu Group with over 40 years of experience. Since 2008, we’ve welcomed travelers from all over the world. Today, we offer over 10,000 unique tour packages, and in 2024, our website became fully multilingual for easier access by travelers from both Asia and the West.

From day trips to overnight stays, from traditional festivals to hidden local gems, our tours are designed to offer an authentic experience of Japanese hospitality and culture. The tours are also carefully planned with comfort in mind, making them ideal for mature travelers.

“If you’re visiting Japan, make it a journey to remember.” Club Tourism is here to make that happen.

Company Overview
Company Name: Club Tourism International Inc.
Address: NBF Toyosu Canal Front, 5-6-52 Toyosu, Koto-ku, Tokyo
Business Scope: Domestic and international package tours, themed travel, tour planning and operation
Official Website: https://www.club-t.com/

 

CreatorWeek 2025 to Launch in Macao, Merging Eastern and Western Cultures Through 5-Day Business, Content, and Community Celebration

MACAO, Aug. 25, 2025 /PRNewswire/ — Macao Government Tourism Office (MGTO) and co-organizers, Branded, will host CreatorWeek Macao 2025 from October 24-28, 2025, focusing on the global creator economy, culture, entertainment, and community. The event aims to highlight Macao’s vibrant creative economy and status as a hub for cultural exchange between East and West.

Amid the rapid rise of the global creator economy and Macao’s window of opportunity, CreatorWeek Macao will unite leading Chinese and Western social media platforms, top global content creators, and celebrity guests in an annual celebration of creativity and culture. Macao, a city bridging Chinese and Western influences, is the only place in the world where major platforms such as Douyin, RedNote, and WeChat, alongside TikTok, Instagram, Facebook, and YouTube, are freely accessible. This unique openness makes Macao an ideal gateway between Chinese-speaking users and the global digital community. The event will gather senior representatives from these platforms to share insights and explore collaboration. As more international creators tap into the Chinese market, Macao’s first world-class creator event will provide a global stage for cross-cultural exchange, content co-creation, and the advancement of the creative economy.

Supported by Macao’s six integrated resort enterprises, MGM, Galaxy Macau™ Integrated Resort, Sands China Ltd., Wynn Resorts Macau, SJM Resorts, S.A., Melco Resorts & Entertainment, the event will bring together 250 international guests, including 180 key opinion leaders/creators, 50 speakers, and 20 bands. It will cover six key zones, facilitating open and inspiring exchanges through diverse approaches, including content creation, business dialogue, artistic performances, and community interaction. Invited guests include founding member of Black Eyed Peas, apl.de.ap, highest-ranking YouTube shorts creator, Alan Chikin Chow, French beatbox crew, Berywam, Fitness Influencer, Chloe Ting, YouTube content creator, Nova’s World, dancer & Youtuber, Nicole Laeno, among others.

Six zones will include a space for opening and closing events, and a dedicated business conference zone that brings together top global creators, digital entrepreneurs, and industry leaders to explore the emerging East-meets-West trends in content creation and share expert insights.. A Creator Fan Wellness zone will feature four vibrant events where star creators and instructors lead yoga, meditation, and fitness sessions, turning online engagement into real-world positive energy and meaningful connections. A fan meet-and-greet zone will offer unforgettable face-to-face experiences with favorite creators. The Creator Artist Showcase zone will present a dynamic lineup of international and local musicians, creating a cross-cultural music experience that transcends borders. The Creator Academy zone will feature leading creators and industry voices sharing creative insights.

To participate, please register free-of-charge at www.creatorweek.live and follow @visitmacao on Instagram and Facebook, and the official account of MGTO in TikTok, YouTube , Douyin and RedNote to get real-time updates on the event.

About Macao

Macao is a vibrant city known for its rich cultural heritage, world-class entertainment, and diverse culinary scene. As a premier travel destination, Macao offers a unique blend of East and West, where ancient traditions meet modern attractions. Whether you’re exploring its historic sites, enjoying its bustling nightlife, or savoring its renowned cuisine, Macao promises an unforgettable experience for every visitor.