Fintech PR
Blockchain Growing in Asia: HashKey Applies for Hong Kong’s New License for Regulated Virtual Asset Trading Platforms

HashKey Pro, HashKey Group’s digital asset trading platform, announced its submission of a license application to the Hong Kong Securities and Futures Commission (“SFC”) intending to operate a virtual asset trading platform in Hong Kong.
On November 6, 2019, Chief Executive Officer of SFC, Mr. Ashley Ian Alder, JP officially announced the new licensing regime for “virtual asset trading platforms” during Hong Kong’s FinTech Week. On the same day, the SFC issued a position paper stating that virtual asset trading platforms that meet the requirements can apply for a license to conduct Types 1 (dealing in securities) and 7 (providing automated trading services) regulated activities to offer virtual asset trading business. This event is highly significant for the Asian digital assets industry, as it establishes a clear regulatory framework for trading platforms to scale their business. Once licensed, regulated digital asset trading platforms will also be able to trade compliant security tokens, which are digital assets that bring the benefits of blockchain-based issuance and settlement to traditional and alternative financial instruments.
Mr. Michel Lee, Executive President of HashKey Group, welcomed the SFC’s announcement of regulatory clarity for virtual asset trading platforms and said that “The SFC’s framework focuses on protecting investors, ensuring safe asset custody and market integrity, all of which will play an extremely important role for FinTech, blockchain and digital asset industries in Hong Kong and Asia. HashKey Group and its digital asset trading platform, HashKey Pro, are excited by the new opportunities ahead.”
Before the SFC’s announcement, HashKey Group had already started on the path to serving and educating professional investors. In March 2019, HashKey Group organized Hong Kong’s first institutional and professional investor-focused HashKey International Digital Asset Summit and a series of Digital Asset Intelligence education seminars co-hosted with Hong Kong’s leading professional FinTech organization, the FinTech Association of Hong Kong. In addition, HashKey Pro was selected by Blockstack, the world’s first U.S. Securities and Exchange Commission – regulated blockchain network, to be Blockstack’s key partner for expanding investor diversity, given HashKey Group’s expertise in blockchain technology and access to market participants such as, high net-worth individuals, institutional investors, professional investors, and small-to-medium size funds.
Fintech PR
NYSE Content Advisory: Pre-Market Update and Lynn Martin announced as a jury president for Money20/20’s global fintech awards
NEW YORK, April 2, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.
Kristen Scholer delivers the pre-market update on April 2nd
- SmartStop Self Storage (NYSE:SMA), the operator of self-storage facilities in the United States and Canada, is debuting today on the New York Stock Exchange.
- While IPOs and President Donald Trump’s tariffs remain in the spotlight, economic data this week is also ramping up with the ADP private payrolls figure showing economists anticipated 120,000 jobs were added last month up from 77,000 jobs in February.
- This morning, Money20/20 named NYSE President Lynn Martin as the diamond category jury president for The Money Awards, its inaugural global awards to recognize the companies shaping the future of financial services.
Watch NYSE TV Live every weekday 9:00-10:00am ET

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View original content:https://www.prnewswire.co.uk/news-releases/nyse-content-advisory-pre-market-update-and-lynn-martin-announced-as-a-jury-president-for-money2020s-global-fintech-awards-302418522.html
Fintech PR
Alternative Payment Methods Set to Increase by 170% Driven by a Surge in Domestic Digital Wallets, Instant and QR Payments

Domestic APMs are outpacing international APMs to become the primary way for emerging markets to interact in the digital payment world
NEW YORK, April 2, 2025 /PRNewswire/ — According to global intelligence firm ABI Research, the total combined worldwide value of transactions for the APM market (digital wallets, instant payments, and QR payments) will reach US$ 142 trillion by the end of 2030. This exponential growth is driven by an increasing number of countries looking for financial sovereignty rather than relying on international players.
“Growth of APMs in domestic markets is being galvanized by economies transitioning from cash to digital payments, like those in East Asia and Latin America. This drive is due to these economies not having to integrate an existing card-dominated payment ecosystem into their digital platform. Instead, they can start fresh from the ground up, which has led to an innovation-driven ecosystem and the rise of a richer shopping experience through super apps, as well as creating an opportunity to foster interoperability between domestic networks in other markets,” explains Ash Robinson, Analyst at ABI Research.
An estimated 45% of people globally used a digital wallet in 2024. China had the highest digital wallet usage, with 95% of people using WeChat (a Chinese Super app) in 2024. At the end of 2025, instant payments will total US27.94 trillion in transaction value, with this growth being driven heavily by Pix (Brazil) and UPI (India) as both platforms transition from an Instant Payment-only platform to one encompassing QR payments and wider digital wallet usage. In 2024, two-thirds of all global online payments were conducted through domestic Alternative Payment Methods (APMs), highlighting their increasing preference for online transactions.
“While niche in Europe and North America, QR payments have seen a large boom in cash-dominated markets in Asia-Pacific, making up most of the US$5.4 trillion of processed transactions. Like digital wallets, they offer substantially more than just the ability to process payments. Platforms like WeChat offer chat services and social media tied into their payment functions, creating a more community-based payment ecosystem than what is traditionally found in QR payment systems in Europe and North America,” Robinson concludes.
These findings are from ABI Research’s The Rise of Domestic Alternate Payment Systems report. This report is part of the company’s Digital Payment Technologies research service, which includes research, data, and ABI Insights.
About ABI Research
ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.
ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info:
Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com
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View original content:https://www.prnewswire.co.uk/news-releases/alternative-payment-methods-set-to-increase-by-170-driven-by-a-surge-in-domestic-digital-wallets-instant-and-qr-payments-302417689.html
Fintech PR
BingX Launches StakeStone Launchpool to Unlock Staking and Cross-Chain Liquidity

PANAMA CITY, April 2, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to introduce StakeStone (STO) to the BingX Launchpool, offering its users a zero-fee staking experience with real-time earnings visibility and flexible withdrawal options. Running from April 2 to April 7, this initiative provides a gateway to decentralized, cross-chain liquidity while maximizing rewards.
StakeStone is a decentralized omnichain liquidity infrastructure protocol designed to improve liquidity distribution across blockchain networks. Utilizing its omnichain architecture, StakeStone optimizes yield generation, streamlines liquidity provisioning, and enhances asset management. Backed by investors like BingX Labs, an innovation hub dedicated to identifying and empowering promising blockchain projects, StakeStone enhances liquidity distribution across multiple blockchain ecosystems through its proprietary Omnichain Liquidity Layer.
With StakeStone Launchpool on BingX, users can earn sustainable yields while maintaining full flexibility. Key benefits include instant earnings tracking, hassle-free redemption without lock-ups, and exclusive USDT rewards for both new participants and referral-based deposits. This integration simplifies asset management while offering superior yield optimization for DeFi users.
“At BingX, we are always looking for ways to break down barriers and unlock new opportunities for our users,” said Vivien Lin, Chief Product Officer of BingX. “By bringing StakeStone to our Launchpool, we are introducing a more seamless, cost-efficient staking model that empowers our users to maximize yields while benefiting from cross-chain liquidity solutions. This partnership aligns with our vision of making DeFi more accessible, efficient, and rewarding for our global community.”
BingX’s collaboration with StakeStone reflects its ongoing commitment to innovation in DeFi and cross-chain liquidity. As blockchain ecosystems become increasingly interconnected, BingX continues to expand its support for projects that solve critical liquidity fragmentation issues and enhance asset utility. The StakeStone Launchpool is part of BingX’s broader strategy to provide users with cutting-edge decentralized finance solutions, reinforcing its position as a leader in the next phase of DeFi evolution.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/

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View original content:https://www.prnewswire.co.uk/news-releases/bingx-launches-stakestone-launchpool-to-unlock-staking-and-cross-chain-liquidity-302418484.html
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