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WasabiCard will participate in Wiki Finance EXPO Hong Kong 2026 to explore new payment opportunities in Hong Kong's digital financial ecosystem

The important event in the field of financial technology and digital assets in Asia------Wiki Finance EXPO Hong Kong 2026 will be held in Hong Kong from July 23 to 24, 2026. This event will bring together global financial technology companies, digital asset platforms, and industry participants to discuss the development trends of financial technology and the construction of the digital asset ecosystem.As a stablecoin-driven global payment infrastructure platform, WasabiCard will participate in this exhibition to engage in in-depth exchanges with global partners and share innovative practices and implementation experiences of stablecoin payments in the globalization of enterprises.WasabiCard is committed to significantly enhancing global settlement and payment efficiency for enterprises through its core capabilities of global card issuance, stablecoin payments, cross-border fund distribution, and global remittance. Currently, the platform's services cover over 200 countries and regions worldwide, supporting more than 30 mainstream currencies; at the same time, it integrates a full-process compliance risk control system including KYB, KYC, KYT, and AML to build a safe, reliable, and efficient global funding chain for enterprises.Participating in Wiki Finance EXPO Hong Kong 2026 is not only an important opportunity for WasabiCard to engage in in-depth exchanges with global financial technology and digital asset industry partners but also an important opportunity to further expand global ecological cooperation and enhance brand influence. In the future, WasabiCard will continue to promote innovation in stablecoin payment infrastructure and explore new trends in the development of the global payment system together with industry partners.

South Korea plans to allow exchanges and fintech companies to participate in the overseas remittance system for virtual assets

According to South Korean media SBS Biz, South Korea is considering allowing various parties, including exchanges and fintech companies, to participate in the upcoming virtual asset overseas remittance business system. This system is expected to be implemented in December this year. Relevant individuals revealed that the government has recently begun drafting the implementation details of the partial amendment to the Foreign Exchange Transaction Act and is reviewing the registration requirements for virtual asset transfer businesses.The core content of the amendment is to include cross-border virtual asset transfers within the regulatory framework of the Foreign Exchange Transaction Act, defining it as "virtual asset transfer business." Companies intending to engage in virtual asset transfer business must register with the Office of the Minister of Economy and Finance of South Korea and report relevant information through the foreign exchange computer network of the Bank of Korea when cross-border transfer transactions occur. Previously, cross-border virtual asset transactions had been outside the foreign exchange regulatory framework, raising concerns that these transactions could be used for illegal foreign exchange trading or money laundering activities. This system improvement aims to incorporate virtual asset transfer transactions into the management and regulatory system.
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