Author: Kathir J

  • EQIBank expands global, regulated Banking-as-a-Service platform for cross-border banking across fiat and digital assets

    George Town, Cayman Islands – 24/04/2026 – (SeaPRwire) – EQIBank today announced the expansion of its global Banking-as-a-Service (BaaS) platform, strengthening its infrastructure and onboarding capabilities to enable organisations to launch licensed banking services globally in as little as 10 weeks.

    EQIBank’s BaaS platform allows organisations to offer regulated banking services under their own brand without building or licensing a bank. It supports service delivery across more than 180 countries and over 100 currencies through a single banking infrastructure.

    Available services include multi-currency accounts, international payments, cards, lending, custody, escrow services, foreign exchange and OTC trading. Digital asset capabilities are fully integrated into the platform, enabling fast crypto-to-fiat and fiat-to-crypto conversions supported by deep liquidity and institutional-grade trading infrastructure.

    EQIBank provides the banking licence, compliance framework and infrastructure, while partners remain in control of their brand and client relationships.

    Built on a regulated banking foundation, EQIBank combines global reach with a strong compliance and risk framework. The platform includes integrated anti-money laundering, know-your-customer and transaction monitoring systems, supported by a strong regulatory track record. Its compliance framework is specifically designed to support complex cross-border and digital asset activity at scale, alongside established relationships with global correspondent banking partners.

    “Most organisations don’t want to become banks, but they do want to offer banking services as part of their business,” said Jason Blick, Chairman of EQIBank. “The challenge has always been regulatory complexity and infrastructure. We remove both barriers. Our platform allows partners to launch quickly, operate globally from day one and deliver services across fiat and digital assets within a fully regulated environment.”

    EQIBank’s BaaS platform is designed for organisations with international client bases, including digital asset firms, financial institutions, family offices and other globally focused businesses.

    Since launching its BaaS offering, EQIBank has onboarded new partners each month, with some partners scaling to over 100,000 users within their first year.

    About EQIBank

    EQIBank is a global digital bank providing accounts, payments, cards, custody, lending and investment services to businesses, institutions and high-net-worth clients across more than 180 countries. Through its Banking-as-a-Service platform, EQIBank enables organisations to offer licensed banking services under their own brand using regulated infrastructure and global technology systems.

    Media enquiries

    Brand: EQIBank

    Contact: Media team

    Email: baas@eqibank.com

    Website: https://baas.eqibank.com/

  • FastX Announces Its Launch, a New Generation Global Trading Exchange

    New York, NY – FastX today announces the official launch of its platform, a next-generation exchange built for professional and active traders who require institutionalgrade tools without surrendering custody or control of their assets. FastX goes live globally on 5 May, with traders able to access the platform directly at fastx.co.

    FastX combines deep onchain liquidity, multiasset perpetual futures markets, and an advanced copy-trading engine designed to bridge the gap between traditional finance and the decentralized digital asset ecosystem. By leveraging blockchain technology, the platform delivers lowlatency mirroring of trades across major decentralized networks worldwide—while keeping users in full control of their own wallets and risk.

    “FastX was created by traders for traders,” said Adelene, Chief Executive Officer of FastX. “We’ve spent our careers on Wall Street desks and in crypto markets, and we’ve seen the same problems repeat: opaque execution, misaligned incentives, and copytrading systems that ask users to blindly outsource decisions. FastX is our answer—a decentralised, transparent infrastructure layer where traders keep custody, and technology works to augment, not replace, their edge.”

    Backed by a team of veteran traders with more than 50 years of combined experience across top Wall Street institutions and leading crypto trading firms, FastX is built from the ground up as a decentralised protocol. Users connect their own wallets, maintain selfcustody at all times, and interact with smart contracts that execute trades onchain, rather than relying on a centralised broker or custodial exchange.

    At launch, FastX will offer:

    • Deep, onchain liquidity across a wide range of perpetual markets, designed to support serious position sizes with tight spreads and minimal slippage.
    • A fast, intuitive trading interface accessible directly via fastx.co, allowing traders to plug in with their preferred wallet and start trading in minutes.
    • A transparent affiliate and points system that shares a meaningful portion of platform fees with the community and rewards traders and partners who help grow liquidity and volume.

    The flagship feature of FastX is its nextgeneration copytrading system. Unlike traditional social trading products that mirror orders on a single venue with unpredictable delays, FastX’s engine is designed to route and synchronise copy trades across major decentralised exchanges, layering those capabilities on top of FastX’s own liquidity.

    The result is a copytrading experience that aims to:

    • Minimise latency between lead and follower execution.
    • Mitigate structural risks such as slippage, desync, and obvious forms of manipulation.
    • Exploit decentralised advantages, such as transparent onchain track records and programmable risk controls, without turning the platform into a centralised black box.

    “Copytrading has always been typecast as a blind, autonomous disaster waiting to happen,” Adelene added. “FastX takes the opposite stance. We use technology to bring more transparency, not less—onchain track records, builtin risk parameters, and infrastructure that reduces frontrunning and execution games wherever possible. Over time, our goal is to layer AIdriven intelligence on top of this foundation so that users can benefit from advanced analytics and risk management, rather than just ‘follow and hope’.”

    FastX is currently seedfunded by a network of angels deeply embedded in the global crypto trading ecosystem. These backers share a common view that the next generation of markets will be built on open, verifiable rails and that traders deserve better, more transparent instrumentation for expressing and managing risk. FastX is assembling a strong advisory board of experienced traders, market makers, and technologists to guide the exchange through its next phase of growth.

    As a decentralised protocol, FastX does not take custody of user funds and does not operate as a traditional broker. All positions, liquidations, and fee flows are visible onchain, giving traders clear, verifiable insight into how the system behaves under all market conditions.

    “Our vision is simple,” said Adelene. “We want professionalgrade perpetuals and intelligent copytrading to live where they belong: on transparent, decentralised infrastructure, not in a black box. Launching FastX on 5 May is the first step. From here, we’ll continue to ship faster execution, smarter tooling, and AIenhanced copytrading that helps traders survive and thrive in 24/7 markets.”

    Traders can learn more and access the exchange at https://fastx.co.

    About FastX

    FastX focuses on building decentralised financial infrastructure and tools for professional traders and sophisticated market participants. The company backs products that prioritise selfcustody, transparency, and robust risk management in rapidly evolving digital asset markets.

    Media Contact

    Brand: FastX Perpetuals Exchange

    Email: support@fastx.co

    Contact: Ella Huang

    Website: https://fastx.co/

  • CMS (867.HK; 8A8.SG): NDA for the Seasonal Allergic Rhinitis Indication of Class 1 Innovative Drug MG-K10 Accepted in China

    SHENZHEN, CHINA – China Medical System Holdings Limited (the “Group” or “CMS”) is pleased to announce that the New Drug Application (NDA) in China for the Seasonal Allergic Rhinitis (SAR) indication of MG-K10 (generic name: Comekibart Injection, “MG-K10” or the “Product”), a Class 1 innovative drug anti-IL-4Rα humanized monoclonal antibody injection, for which the Group holds co-development rights (excluding the indication of atopic dermatitis (AD)) and exclusive commercialization rights, was accepted by the National Medical Products Administration of China (NMPA) on 23 April 2026. The Product is proposed for the treatment of adult patients with moderate-to-severe seasonal allergic rhinitis whose symptoms remain inadequately controlled after treatment with intranasal corticosteroids.

    The acceptance of the NDA represents an important milestone for the Group’s ophthalmology business, CMS Vision, as it expands its therapeutic focus from ophthalmology into the field of otolaryngology (ENT). It also marks another significant milestone in the Group’s research and development progress in the field of type 2 inflammatory diseases. If the Product is successfully approved for marketing, the Group will leverage its strong academic promotion capabilities and extensive commercialization network to accelerate the commercialization of the Product. It is also expected to further enhance the academic brand influence of CMS Vision in the relevant specialty areas and provide new momentum for the Group’s business growth.

    BIC Potential: Dosing once every 4 weeks; Phase III study met the primary endpoint with a favorable safety profile

    MG-K10 is an innovative long-acting anti-IL-4Rα humanized monoclonal antibody that simultaneously blocks the signaling pathways of the key type 2 inflammatory cytokines IL-4 and IL-13, thereby exerting immunomodulatory effects. It is being developed for the treatment of type 2 inflammatory diseases, including seasonal allergic rhinitis, asthma, atopic dermatitis (AD), prurigo nodularis, chronic obstructive pulmonary disease (COPD), chronic spontaneous urticaria (CSU), chronic rhinosinusitis with nasal polyps, and eosinophilic esophagitis. Currently marketed anti-IL-4Rα therapies require administration once every two weeks. MG-K10, with its longer half-life, enabling a once-every-four-weeks dosing regimen. It therefore has the potential to become the first long-acting anti-IL-4Rα monoclonal antibody to be marketed globally, with the potential to be best-in-class. MG-K10 has met the primary endpoint in a multicenter, randomized, double-blind, placebo-controlled Phase III clinical trial in adult patients with moderate-to-severe seasonal allergic rhinitis. The results of the Phase III study demonstrated that the primary endpoint achieved statistical significance, with significantly superior efficacy compared with the placebo group, and a favorable safety profile.

    Focusing on Unmet Needs: ~250 million patients; 62% of moderate-to-severe patients remain inadequately controlled; long-acting breakthrough brings new treatment opportunities

    Allergic rhinitis is a chronic inflammatory disease of the nasal mucosa mediated by IgE, with type 2 inflammation as the core pathogenic mechanism. It occurs in susceptible individuals upon exposure to environmental allergens such as pollen and dust mites. In recent years, the prevalence of the disease in China has increased from 11.1% to 17.6%, affecting approximately 250 million people[1], among whom 52.2% are patients with persistent moderate-to-severe disease[2]. The disease burden is significant and has become an important public health issue. Current standard treatments, including intranasal corticosteroids and antihistamines, have notable limitations. 62% of patients with moderate-to-severe disease remain inadequately controlled[3]. Long-term use of intranasal corticosteroids may lead to adverse reactions such as epistaxis[4], while antihistamines are often associated with side effects such as drowsiness[5], indicating significant unmet clinical needs. As a biologic therapy targeting IL-4Rα, MG-K10 can block the type 2 inflammatory pathway at its source. Compared with currently approved biologics targeting the same pathway (which require dosing once every two weeks), MG-K10 achieves a differentiated breakthrough in dosing frequency with its long-acting property allowing administration once every four weeks, thereby significantly extending dosing intervals. This may help improve patient treatment adherence and reduce the time and economic burden associated with frequent hospital visits. The Product has the potential to provide a new treatment option for patients with moderate-to-severe disease who respond poorly to conventional therapies, thereby reducing the individual and socio-economic burden associated with the disease.

    On 24 January 2025, the Group through subsidiaries of the Company entered into a Collaboration Agreement (“Agreement”) with Hunan Mabgeek Biotech Co., LTD and its subsidiary for MG-K10. In accordance with the Agreement and supplementary agreements, the Group has obtained the co-development rights (excluding AD) and exclusive commercialization rights for the Product in Mainland China, Hong Kong Special Administrative Region, Macao Special Administrative Region, Taiwan Region and Singapore; its subsidiary Dermavon Holdings Limited has obtained, through its subsidiary, the co-development rights (excluding AD) and exclusive commercialization rights for the Product in the field of dermatological indications in Mainland China.

     

    About CMS

    CMS is a platform company linking pharmaceutical innovation and commercialization with strong product lifecycle management capability, dedicated to providing competitive products and services to meet unmet medical needs.

    CMS focuses on the global first-in-class (FIC) and best-in-class (BIC) innovative products, and efficiently promotes the clinical research, development and commercialization of innovative products, enabling the continuous transformation of scientific research into clinical practices to benefit patients.

    CMS deeply engages in several specialty therapeutic fields, and has developed proven commercialization capabilities, extensive networks and expert resources, resulting in leading academic and market positions for its major marketed products. CMS continues to promote the in-depth development in its advantageous specialty fields, strengthening the competitiveness of the Cardiovascular-Kidney-Metabolic/ gastroenterology/ ophthalmology/ skin health businesses, bringing economies of scale in specialty fields. Among them, the skin health business (Dermavon) has become a leading enterprise in its field, and is proposed to be listed independently on the SEHK. Meanwhile, CMS continuously promotes the operation and development of its integrated R&D, manufacturing and commercialization chain in Southeast Asia and the Middle East, capturing growth opportunities in emerging markets to support the high-quality and sustainable development of the Group.

    Reference

    1. Cheng L, Chen J, Fu Q, et al. Chinese Society of Allergy Guidelines for Diagnosis and Treatment of Allergic Rhinitis. Allergy Asthma Immunol Res. 2018;10:300‑353.
    2. Zheng, Ming et al. “Clinical characteristics of allergic rhinitis patients in 13 metropolitan cities of China.” Allergy vol. 76,2 (2021): 577-581. doi:10.1111/all.14561
    3. White, P et al. “Symptom control in patients with hay fever in UK general practice: how well are we doing and is there a need for allergen immunotherapy?” Clinical and experimental allergy : journal of the British Society for Allergy and Clinical Immunology vol. 28,3 (1998): 266-70. doi:10.1046/j.1365-2222.1998.00237.x
    4. Rosenblut, A et al. “Long-term safety of fluticasone furoate nasal spray in adults and adolescents with perennial allergic rhinitis.” Allergy vol. 62,9 (2007): 1071-7. doi:10.1111/j.1398-9995.2007.01521.x
    5. Bernstein, Jonathan A et al. “Allergic Rhinitis: A Review.” JAMA vol. 331,10 (2024): 866-877. doi:10.1001/jama.2024.0530

    CMS Disclaimer and Forward-Looking Statements

    This press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert.

    This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections.

    Media Contact

    Brand: China Medical System Holdings Ltd.

    Contact: CMS Investor Relations 

    Email: ir@cms.net.cn

    Website: https://web.cms.net.cn/en/home/

  • FastX Lauching, a New Generation Global Trading Exchange

    New York, NY – FastX today announces the official launch of its platform, a next-generation exchange built for professional and active traders who require institutionalgrade tools without surrendering custody or control of their assets. FastX goes live globally on 5 May, with traders able to access the platform directly at fastx.co.

    FastX combines deep onchain liquidity, multiasset perpetual futures markets, and an advanced copy-trading engine designed to bridge the gap between traditional finance and the decentralized digital asset ecosystem. By leveraging blockchain technology, the platform delivers lowlatency mirroring of trades across major decentralized networks worldwide—while keeping users in full control of their own wallets and risk.

    “FastX was created by traders for traders,” said Adelene, Chief Executive Officer of FastX. “We’ve spent our careers on Wall Street desks and in crypto markets, and we’ve seen the same problems repeat: opaque execution, misaligned incentives, and copytrading systems that ask users to blindly outsource decisions. FastX is our answer—a decentralised, transparent infrastructure layer where traders keep custody, and technology works to augment, not replace, their edge.”

    Backed by a team of veteran traders with more than 50 years of combined experience across top Wall Street institutions and leading crypto trading firms, FastX is built from the ground up as a decentralised protocol. Users connect their own wallets, maintain selfcustody at all times, and interact with smart contracts that execute trades onchain, rather than relying on a centralised broker or custodial exchange.

    At launch, FastX will offer:

    • Deep, onchain liquidity across a wide range of perpetual markets, designed to support serious position sizes with tight spreads and minimal slippage.
    • A fast, intuitive trading interface accessible directly via fastx.co, allowing traders to plug in with their preferred wallet and start trading in minutes.
    • A transparent affiliate and points system that shares a meaningful portion of platform fees with the community and rewards traders and partners who help grow liquidity and volume.

    The flagship feature of FastX is its nextgeneration copytrading system. Unlike traditional social trading products that mirror orders on a single venue with unpredictable delays, FastX’s engine is designed to route and synchronise copy trades across major decentralised exchanges, layering those capabilities on top of FastX’s own liquidity.

    The result is a copytrading experience that aims to:

    • Minimise latency between lead and follower execution.
    • Mitigate structural risks such as slippage, desync, and obvious forms of manipulation.
    • Exploit decentralised advantages, such as transparent onchain track records and programmable risk controls, without turning the platform into a centralised black box.

    “Copytrading has always been typecast as a blind, autonomous disaster waiting to happen,” Adelene added. “FastX takes the opposite stance. We use technology to bring more transparency, not less—onchain track records, builtin risk parameters, and infrastructure that reduces frontrunning and execution games wherever possible. Over time, our goal is to layer AIdriven intelligence on top of this foundation so that users can benefit from advanced analytics and risk management, rather than just ‘follow and hope’.”

    FastX is currently seedfunded by a network of angels deeply embedded in the global crypto trading ecosystem. These backers share a common view that the next generation of markets will be built on open, verifiable rails and that traders deserve better, more transparent instrumentation for expressing and managing risk. FastX is assembling a strong advisory board of experienced traders, market makers, and technologists to guide the exchange through its next phase of growth.

    As a decentralised protocol, FastX does not take custody of user funds and does not operate as a traditional broker. All positions, liquidations, and fee flows are visible onchain, giving traders clear, verifiable insight into how the system behaves under all market conditions.

    “Our vision is simple,” said Adelene. “We want professionalgrade perpetuals and intelligent copytrading to live where they belong: on transparent, decentralised infrastructure, not in a black box. Launching FastX on 5 May is the first step. From here, we’ll continue to ship faster execution, smarter tooling, and AIenhanced copytrading that helps traders survive and thrive in 24/7 markets.”

    Traders can learn more and access the exchange at https://fastx.co.

    About FastX

    FastX focuses on building decentralised financial infrastructure and tools for professional traders and sophisticated market participants. The company backs products that prioritise selfcustody, transparency, and robust risk management in rapidly evolving digital asset markets.

    Media Contact

    Brand: FastX Perpetuals Exchange

    Email: support@fastx.co

    Contact: Ella Huang

    Website: https://fastx.co/

  • How Platforms Like XONE Fit Into the Convergence of Policy, Real Assets, and AI in Digital Finance

    The global digital finance sector is entering a structural transition that analysts increasingly describe as a shift from speculative markets to institutional infrastructure. Three independent developments — regulatory maturity, institutional adoption of asset tokenization, and the industrial emergence of artificial intelligence — are converging to redefine how value is recorded, transferred, and coordinated across the financial system.

    Regulatory Clarity Across Major Jurisdictions

    In the United States, the GENIUS Act was signed into law on July 18, 2025, establishing the first federal framework for payment stablecoins, according to the White House. The law requires full reserve backing with high-quality liquid assets and subjects issuers to federal anti-money-laundering obligations.

    In Europe, the Markets in Crypto-Assets Regulation (MiCA) has been fully applicable since December 30, 2024, creating a unified European framework for digital asset service providers. The European Central Bank announced on January 27, 2026 that marketable assets issued through distributed ledger technology in central securities depositories will qualify as eligible Eurosystem collateral starting March 30, 2026 — a milestone that formally integrates blockchain-based securities into euro area monetary policy operations.

    In Asia, the Hong Kong Monetary Authority granted its first stablecoin issuer licenses on April 10, 2026 to HSBC and Anchorpoint Financial, a joint venture of Standard Chartered, Animoca Brands, and Hong Kong Telecommunications. The HKMA approved only two applicants out of 36, reflecting a cautious, institution-first approach.

    Institutional Adoption of Tokenization

    Global financial institutions are no longer treating tokenization as an experimental technology. BlackRock has publicly argued that tokenization can unify diverse asset classes — real estate, corporate debt, and currency — into a single programmable registry. In July 2025, BNY Mellon and Goldman Sachs jointly launched a tokenized money market fund solution for institutional clients. In March 2026, Nasdaq introduced a tokenized equity framework designed to integrate blockchain-based shares into existing securities market structure. The Bank for International Settlements has characterized tokenization as a “transformative innovation” capable of reshaping the plumbing of global markets.

    AI as an Infrastructure Asset

    The White House published America’s AI Action Plan in July 2025, positioning data centers, semiconductor manufacturing, and energy systems as core components of national competitiveness. Private capital has mirrored this view: Blackstone announced in July 2025 a commitment of more than $25 billion toward digital and energy infrastructure in Pennsylvania, explicitly linked to AI buildout. Compute, energy, and automation have effectively entered the same strategic category as railroads, ports, and telecommunications in earlier industrial eras.

    Where XONE Fits Into the Picture

    Against this backdrop, a new category of platforms is emerging with the stated goal of connecting these three converging domains. XONE, described in its public materials as a Digital Economy 4.0 operating architecture, is one such platform drawing attention from industry observers.

    According to publicly available project information, XONE was initiated by an international finance and technology team, with core members drawn from Wall Street investment banks, global asset management firms, and international banking institutions. The team combines financial specialists, senior actuaries, and technical builders with backgrounds in artificial intelligence and financial infrastructure engineering. Leading global institutions — including BlackRock, Blackstone, BNY Mellon, Goldman Sachs, and Nasdaq — are credited by industry analysts with driving the broader standardization of real-world asset frameworks, and XONE positions itself as a connecting interface within that emerging landscape.

    The platform’s architecture, as publicly described, centers on three functional layers. The first focuses on structured integration of real-world assets — particularly AI compute capacity and supply-chain-related cash flows — into auditable digital frameworks. The second develops AI-based automation for operational tasks such as asset auditing, compliance monitoring, and data coordination. The third provides payment and settlement connectivity to existing global financial networks.

    What distinguishes the approach, according to observers, is not any single technology component but the architectural intent to integrate all three layers. Most projects in the sector address only one — regulatory compliance, real-asset connectivity, or intelligent automation — and leave the others unresolved.

    Three Questions Analysts Are Watching

    Industry analysts evaluating platforms at this intersection generally apply three tests.

    First, regulatory alignment: whether the platform can operate within frameworks such as the GENIUS Act, MiCA, and Hong Kong’s Stablecoins Ordinance rather than against them.

    Second, real-asset credibility: whether connected assets meet standards that institutional due diligence would recognize — verifiable ownership, auditable cash flow, and recognized custody arrangements.

    Third, operational integration: whether the platform enables real economic functions — payments, financing, automated execution — or remains confined to closed digital environments.

    Few platforms currently satisfy all three. Those that do, according to analysts following this space, are the ones most likely to define the next cycle of digital financial infrastructure.

    Outlook

    The trajectory of digital finance in 2026 and beyond is unlikely to be determined by short-term price narratives. It will more plausibly be shaped by platforms capable of absorbing real-world value flows under real regulatory frameworks, with meaningful automation. Whether specific projects such as XONE ultimately succeed will depend on execution, regulatory developments, and market conditions. But the architectural direction they represent — integrating compliant financial frameworks, real-world assets, and artificial intelligence into a unified infrastructure layer — aligns closely with where the broader industry is moving.

    For policymakers, institutions, and analysts tracking the evolution of global financial infrastructure, this category of platforms warrants sustained observation.

    Sources

    • The White House, “Fact Sheet: President Donald J. Trump Signs GENIUS Act into Law” (July 18, 2025)
    • European Central Bank press release (January 27, 2026) on DLT-based assets as eligible Eurosystem collateral
    • Hong Kong Monetary Authority announcement on stablecoin issuer licensing (April 10, 2026)
    • The White House, America’s AI Action Plan (July 2025)
    • Blackstone press release (July 15, 2025) on Pennsylvania digital and energy infrastructure investment
    • Bank for International Settlements, Annual Economic Report 2025 (Chapter III, Tokenisation)

    Disclaimer

    This article is an independent industry analysis prepared for informational and journalistic purposes. It does not constitute an offer to sell or a solicitation of an offer to buy any security or financial product, and it is not investment, legal, tax, or financial advice. References to specific companies, platforms, or projects are included solely as illustrative examples of industry developments and do not represent endorsements. Readers should conduct their own research and consult qualified professionals before making any financial decisions.

     

    Media Contact: 

    Media Relations
    Global News Online
    New York
    NY
    United States
    https://www.globalnewsonline.info

  • Leading the Web3 super gateways: QLink World received $20 million strategic investment led by Foresight Ventures, aiming to jointly build a new civilization of global value interconnection

    Recently, QLink World, a leading global gateway to the crypto economy ecosystem, officially announced the completion of its first round of strategic financing. Foresight Ventures, a globally renowned Web3 investment firm, led the round with a $20 million investment, becoming the largest single strategic investor in the QLink World ecosystem.

    This powerful alliance marks a turning point for the Web3 world, moving from “fragmented applications” to “ecosystem convergence.” Foresight Ventures, a top-tier venture capital firm managing over $1 billion in assets, not only provides QLink World with substantial capital support but also represents a crucial boost in industry consensus and global resource allocation.

    In-depth analysis: Why is Foresight Ventures so determined to “heavily invest” in QLink World?

    On the eve of the trillion-dollar Web3 market explosion, capital selection logic has shifted from “narrative-driven” to “infrastructure and compliance-driven.” A managing partner at Foresight Ventures, discussing the investment decision, stated, “We are globally searching for super gateways capable of supporting the next generation of ‘traffic-ecosystem-value’ closed loops. QLink World’s high level of compliance, technological moat, and economic model make it our only choice for positioning ourselves in the second half of the Web3 era.”

    Its core competitive advantages are mainly reflected in the following three dimensions:

    First, the insurmountable compliance barrier. QLink World, based in Dubai’s compliance hub, is among the world’s first Web3 ecosystem entities to simultaneously hold dual regulatory licenses from VARA (Virtual Asset Regulatory Authority) and DFSA (Dubai Financial Centre Regulatory Authority). In a global context of increasingly stringent regulations, this “policy privilege” grants the project the legitimacy to integrate Middle Eastern sovereign wealth funds, international family offices, and RWA (Real-World Asset) tokenization policies, giving it the ticket to bring the $35 trillion tokenization market onto the blockchain.

    Second, its groundbreaking “super gateway” product logic. Unlike single-tool applications, QLink World constructs an integrated platform encompassing social interaction, trading, and asset management through decentralized identity (DID), social graphs, and cross-chain asset exchange protocols. This “one-stop access” design completely solves the pain points of high barriers to entry and isolated systems in the Web3 world, making it the first stop connecting billions of ordinary users to the value internet.

    Third, the self-driven value flywheel model. The capital market highly recognizes QLink World’s unique “four-currency linkage” closed-loop economics. In particular, the mechanism of 100% on-chain burning of QYC as the genesis token and 90% extreme deflation achieved through the burning of the ecosystem mother token QC via transaction fees and the burning of the national treasury anti-explosion pool ensures the physical scarcity of value output from the bottom up. This strong deflationary and highly empowering model, combined with the injection of RWA real asset returns, forms a self-reinforcing value premium closed loop.

    The core team of QLink World brings together senior experts from Morgan Stanley, Google, Binance and Polygon, and holds 5 core technology patents, dedicated to reshaping the way collaboration and distribution are conducted in the digital age.

    “The strategic support from Foresight Ventures is just the beginning of our grand vision,” said the head of QLink World. “Our goal is to connect over 10 million users globally by 2030, achieving a super-liquid market with fully tokenized assets. Through the inclusive development of technology and the construction of a decentralized civilization, we aim to enable everyone to freely, equally, and enjoyably access a new civilization of value.”

    With the return of top-tier capital and a strong foundation for compliance, QLink World is leading the global crypto economy into a new era of value interconnection as a “global ecosystem super gateway”.

    About QLink World: QLink World is a leading global super gateway to the crypto-economic ecosystem. It is committed to building a global interconnected value network that connects real-world assets with digital original rights through decentralized technology and an inclusive economic model.

    Media Contact: 

    Media Relations
    Global News Online
    New York
    NY
    United States
    https://www.globalnewsonline.info

  • CGTN: Why China-Vietnam ‘comrades plus brothers’ bond endures

    CGTN examines the resilience of China-Vietnam “comrades-plus-brothers” ties, highlighting how high-level exchanges sustain strategic trust. It also outlines growing cooperation in trade, infrastructure and youth exchanges, as both sides advance the building of a higher-level China-Vietnam community with a shared future that carries strategic significance amid global uncertainties.

    “We bathe in the same river. I look over there, you look over here. Every day, we hear the rooster crow together.”

    The lyrics of the 1966 Vietnamese song Vietnam-China echoed through the Great Hall of the People on Wednesday, as Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee, welcomed Vietnamese top leader To Lam in Beijing.

    Evoking images of shared rivers, adjacent fields and intertwined lives, the song captures more than geographical proximity – it reflects the two neighbors’ long-standing bond as “comrades plus brothers.”

    Today, as China and Vietnam navigate a fast-changing global landscape, the “comrades plus brothers” bond continues to evolve. Anchored in strategic trust, sustained by close exchanges and driven by expanding cooperation, bilateral ties are showing renewed vitality in a new era.

    Frequent exchanges, deeper understanding

    Close high-level engagement remains a defining feature of China-Vietnam relations. Xi has emphasized that leaders of the two countries and the two parties should “visit each other as often as relatives do,” calling for maintaining frequent exchanges and communication.

    Just days after being elected Vietnam’s state president on April 7, To Lam announced his China visit – his first overseas trip in his dual capacity as general secretary of the Communist Party of Vietnam (CPV) Central Committee and Vietnamese president. His delegation, comprising senior officials across key sectors, underscored Hanoi’s strong commitment to bilateral ties.

    “Your visit to China at the earliest opportunity after being elected president of Vietnam demonstrates the great importance you have attached to the development of China-Vietnam relations,” Xi said at the very outset of their talks on Wednesday, adding that China has always regarded Vietnam as a priority in its neighborhood diplomacy.

    Beyond head-of-state diplomacy, people-to-people exchanges are gaining fresh momentum. On Wednesday, the two leaders jointly met with over 300 youth representatives participating in the “Red Study Tours,” a program that allows young people to explore the shared revolutionary heritage that underpins the bilateral friendship.

    Xi stressed that the future of China-Vietnam friendship lies with the youth, expressing confidence that younger generations will carry forward the legacy of bilateral friendship.

    Since the program’s launch in May, 2025, more than 1,000 young Vietnamese and Chinese participants have retraced the revolutionary footsteps of earlier generations, gaining firsthand insight into shared ideals and China’s modernization drive.

    Improved connectivity is also facilitating exchanges. Rail links, such as the Fangchenggang-Dongxing railway and the Nanning-Pingxiang high-speed line, have extended China’s rail network to the Vietnam border, creating faster and more accessible channels for travel and interaction.

    Strategic vision guiding practical cooperation

    A key takeaway from the latest meeting is the evolving strategic framing of bilateral ties. Xi called for “accelerating the building of a higher-level China-Vietnam community with a shared future that carries strategic significance,” an upgrade from the formulation agreed during his visits to Vietnam in 2023 and 2025.

    Xi has repeatedly highlighted the importance of grasping the “special strategic significance” of China-Vietnam relations. During the latest talks, he urged both sides to maintain a high degree of strategic vigilance and strong strategic resolve, always remain confident in their path and system, and ensure that all reform will not change the direction of the path or the nature of the system.

    Such strategic consistency has translated into tangible cooperation. The newly established “3+3” ministerial strategic dialogue mechanism, covering diplomacy, defense and public security, enhances bilateral coordination and helps manage differences effectively.

    Economic ties continue to expand at pace. China remains Vietnam’s largest trading partner, while Vietnam is China’s largest partner within ASEAN. Bilateral trade reached $256.4 billion in 2025, marking a 24.8% increase. In the first two months of 2026 alone, trade surged by over 30% year-on-year.

    Meanwhile, infrastructure connectivity is deepening. Regular China-Vietnam freight trains have increased from five trips per week to 14, forming a vital cross-border logistics corridor. Railway cooperation projects, including the Lao Cai-Hanoi-Hai Phong standard-gauge railway, are advancing steadily, further integrating regional supply chains.

    The two leaders on Wednesday also witnessed the signing of a series of cooperation documents, covering a wide range of areas including inter-party exchanges, public security, justice, economic cooperation, industrial and supply chains, customs, science and technology, people’s livelihoods, human resources development, media, and sub-national cooperation, highlighting the breadth and depth of bilateral engagement.

    https://news.cgtn.com/news/2026-04-16/Why-China-Vietnam-comrades-plus-brothers-bond-endures-1MnTbhnlNiU/p.html

  • ‘The Charm of Chunhyang Captivates the World’ 96th Namwon Chunhyang Festiva Kicks Off on April 30

    Korea’s oldest regional traditional cultural festival, approaching its 100th anniversary, aims to attract 2 million visitors; A celebration of K-Culture bridging tradition and modernity, themed around “Dignity–Resolve–Love–Tradition”

    Namwon, Korea – 11/04/2026 – (SeaPRwire) – The 96th Namwon Chunhyang Festival will take place from April 30 to May 6, 2026, in Namwon, South Korea, according to the festival organizers. “Chunhyang”—the heart of “K-Culture” that has captured the hearts of people worldwide, the essence of Korean traditional culture, and a symbol of timeless romance—will touch the hearts of people around the globe this spring.

    “Chunhyang” is the name of the heroine in a classic Korean love story often compared to “Romeo and Juliet.” This heart-wrenching love story from the Joseon Dynasty, previously featured on the K-pop show ‘Demon Hunters,’ has been reinterpreted with a modern sensibility, establishing itself as a regional traditional cultural festival enjoyed by people of all ages.

    The ‘Chunhyang Festival,’ a representative cultural festival boasting the oldest history and tradition, is ready to captivate the world in step with the global craze for K-content. The “96th Chunhyang Festival,” boasting Korea’s oldest history and tradition, will be held for seven days from April 30 to May 6, 2026, at Gwanghalluwon and the Yocheon River area in Namwon, Jeonbuk Special Self-Governing Province, South Korea.

    Launched in 1931 and now in its 96th year, the “Namwon Chunhyang Festival” is not only South Korea’s oldest regional festival but also its most beloved traditional cultural festival. Recognized as a representative regional festival of South Korea—having been selected as an Excellent Festival by the Ministry of Culture, Sports and Tourism and ranked first in the traditional arts category—it has continued to grow. Having welcomed 1.45 million visitors last year, it is now preparing to take a leap forward as a global festival attracting people from around the world.

    Grace, Courage, Love, and Tradition: Chunhyang’s Charm Through Four Themes

    Under the ambitious slogan, “Chunhyang’s Charm Enchants the World,” this year’s Chunhyang Festival will present a diverse lineup of programs organized around four core themes—‘Grace,’ ‘Courage,’ ‘Love,’ and ‘Tradition’—that embody Chunhyang’s spirit and values. Visitors can enjoy a variety of performances, exhibitions, and hands-on experiences, including the Global Chunhyang Pageant, the Chunhyang Beauty Zone, the Chunhyang Hanbok Fashion Show, the Chunhyang Memorial Rite, the Chunhyang Carnival, the Chunhyang Love Dance, and the Korea Chunhyang Traditional Music Competition.

    In particular, the “Chunhyang Beauty Zone” will be set up to allow visitors to experience the charm of Chunhyang, the theme of the 96th festival, by inviting beauty experts to recreate the appearance of Chunhyang from the story. In collaboration with cosmetics companies, K-Beauty experience booths will offer free trials of makeup, hair styling, and accessories.

    Throughout the festival, the beautiful love story of Chunhyang and Mongryong will come to life in various locations. Events include “Chunmong Love Story,” where visitors can experience episodes from The Tale of Chunhyang and a traditional wedding ceremony, as well as “Love on Air,” an interactive event featuring a “visible radio” concept that shares various love stories and plays music. Additionally, visitors can view “Chunhyang Album: Illustration Exhibition” by artist Heukyoseok, a modern reinterpretation of The Tale of Chunhyang.

    Every night, the Gwanghallu Garden area, where the Chunhyang Festival takes place, will be filled with moving performances. A variety of performances across different genres—including the “One-Day Spring Dream Concert” featuring contemporary Korean traditional music and popular singers, KBS’s “Gugak Hanmadang,” international performance troupes, jazz concerts, acoustic performances, classical ensembles, and orchestras—will captivate audiences every day. Citizens to Participate in Band Competition.

    Media Contact

    Brand: Chunhyang Festival

    Contact Person: Jee Nakyung

    Email:  joy@chunhyang.org

    Phone: 010-9207-2825

    Website: www.chunhyang.org/eng

  • CGTN Documentary: The Silver Ball: A Journey Beyond – Sport Forges Enduring People-to-People Ties for China-US Relations

    People to People exchange creates an environment… making it easier for our political leaders to come together.

     – Judy Hoarfrost – Ping Pong Diplomat

    Amid rapid global changes and profound international shifts, China-US relations face severe challenges including a trust deficit and perception gaps. As a universal language transcending borders, cultures and political divisions, sport has long served as an important bridge for friendship and understanding.


    https://www.youtube.com/watch?v=ejcyohzJ4Lo

     

    China’s President Xi Jinping has stressed that the foundation of China-US relations is laid by the people, and its future will be forged by the youth. He also highlighted sport’s unique role in cross-cultural communication. To mark the 55th anniversary of China-US Ping-Pong Diplomacy and advance the initiative to invite 50,000 American youth to China over five years, CGTN has produced a documentary, The Silver Ball: A Journey Beyond.

    The documentary revisits the historic events of 1971 and what became known as Ping-Pong Diplomacy. It then explores how sport continues to connect people today. Through table tennis, martial arts and pickleball, it tells the stories of exchanges between Chinese and American people, especially the younger generation. It shows how grassroots interaction nurtures friendship, eases differences and builds mutual trust, demonstrating sport’s unique power to rise above race, nationality and ideology.

    Jointly produced by Chinese and US teams, the documentary is directed by CGTN North America correspondent Dan Williams and filmed across major cities in both countries. A touching highlight is the reunion of Ping-Pong Diplomats Liang Geliang and Judy Hoarfrost at Beijing’s Capital Indoor Stadium, where they competed together 55 years ago.

    The film features exclusive interviews with key witnesses and participants. Liang Geliang, Zheng Minzhi, Judy Hoarfrost and Connie Sweeris — all participants of the 1971 exchange — recalled the historic event and emphasized that people-to-people friendship remains essential. Zheng Minzhi noted that the spirit of Ping-Pong Diplomacy must be passed onto younger generations to maintain vitality.

    The documentary also focuses on youth exchanges, particularly pickleball, which has become a new bond between Chinese and American teenagers. Jeffrey Sullivan, leader of a US student delegation, wrote to President Xi in 2025 to express gratitude for the youth exchange initiative. In his reply, President Xi praised pickleball as a new link for friendship. Sullivan said sport builds emotional ties and lays a solid foundation for state-to-state relations.

    Martial arts also appears as a cultural bridge. Steven Zhang, a Chinese American kung fu coach, and his young students show how traditional culture helps connect young people across nations.

    In an exclusive interview, Thomas Bach, Honorary President of the International Olympic Committee, said sport can open doors for diplomacy, unite people and prove that humanity can live in peace.

    Released on April 10, 2026, the documentary sends a positive message at a critical time for bilateral relations. It underlines that people-to-people exchanges are the fundamental foundation of bilateral ties, and that sport remains one of the most stable and powerful forces to bring the two countries closer together.

    https://news.cgtn.com/news/2026-04-10/The-Silver-Ball-A-journey-beyond-1MdRJp9nM08/p.html

  • FinHarbor Repackages Its Hybrid Neobank Module – A Unified Banking and CEX Infrastructure Stack for Crypto-Native Financial Products

    The company repositions its core offering for operators who need a full-featured centralized exchange, regulated fiat banking, and compliance infrastructure deployed as a single stack

    Nicosia, Cyprus – 10/04/2026 – (SeaPRwire) – Fintech infrastructure provider FinHarbor has repackaged its Hybrid Neobank Module into a unified launch stack that combines regulated fiat banking with a full-featured centralized exchange engine. Financial platforms, exchanges, and digital asset companies can now deploy both under a single infrastructure rather than assembling them from separate vendors.

    The move addresses a consistent pain point: operators building hybrid fiat-crypto products have had to piece together exchange engines, banking integrations, compliance layers, and treasury infrastructure from multiple providers. FinHarbor bundles these into one deployable system.

    A Production-Grade CEX at the Core

    The exchange engine at the heart of the module is built for serious trading volumes and low-latency execution – relevant both for institutional market makers and algorithmic strategies running at scale. Exact throughput and latency parameters are configured to match each operator’s infrastructure requirements.

    The platform supports Spot, Margin, and Perpetual Futures trading – open-ended contracts with no expiry date. Traders get a full professional order type suite: Limit, Market, and Stop orders, with Time-in-Force controls and Post Only mode for passive liquidity provision.

    The trading terminal runs on both web and mobile and includes a full order book with bid/ask depth and cumulative volume, TradingView charting with click-to-price order entry, a depth chart, real-time trade history, and a live view of active, executed, and cancelled orders. Trading pairs – crypto, fiat, and local payment instruments in any combination – are configurable per operator and can be shown selectively to different user groups: retail, institutional, and internal.

    API Access for Bots and Market Makers

    The exchange connects via REST, WebSocket, or FIX. A single API key covers both the wallet and the exchange, with granular permission settings managed directly from the interface. This makes the platform usable for bot trading, algorithmic strategies, and third-party market maker integrations without additional infrastructure on the operator’s side.

    Liquidity is structured by user tier: institutional pairs run on automated market making with external liquidity aggregation, retail pairs are hedged through multi-leg chains, and internal pairs support manual market making with end-of-day hedging.

    Two Accounts, One Ecosystem

    Each user operates with multiple accounts within a single ecosystem: a Main Account for deposits, withdrawals, on/off-ramp, and card operations, plus dedicated trading accounts for Spot, Margin, and Futures activity.

    “The line between banking apps and trading platforms is disappearing,” said Ilya Podoynitsyn, CEO of FinHarbor. “Operators no longer want to assemble five vendors to go live – wallets, exchange engines, compliance, fiat rails, treasury. They need a single infrastructure layer they can deploy, configure, and scale. That’s what we’ve built.”

    Risk Controls Built Into the Exchange

    The trading layer includes: Fat Finger Protection against erroneous order submission, Price Slippage Limits, Self-Match Prevention, a User Kill Switch for emergency account deactivation, Cancel on Disconnect for FIX sessions, Message Throttling, and Mass Cancel for rapid position clearing. All trading activity feeds directly into the platform’s AML monitoring and accounting systems.

    Compliance and Treasury as Core Infrastructure

    A unified AML and KYC layer covers both fiat and crypto flows, with source-of-funds checks, sanctions screening, and KYT monitoring embedded into onboarding and transactions. Treasury-configured hedging protects operators against exchange rate moves during crypto-fiat conversion.

    This matters particularly as MiCA in Europe and expanding licensing regimes across MENA raise the compliance bar for hybrid financial products.

    Built for Operators Expanding Beyond Payments

    The module is aimed at:

    • challenger banks entering crypto with exchange functionality
    • exchanges adding regulated fiat rails and neobanking features
    • wallets expanding into active trading products
    • OTC and treasury platforms building client-facing financial products

    The stack also connects to external loyalty and rewards platforms, enabling cashback, points, and retention mechanics without proprietary development.

    About FinHarbor

    FinHarbor is a technical platform provider for launching compliant, modular financial products – from wallets and neobanks to crypto ramps and OTC desks. Built on years of real-world fintech experience, the platform covers onboarding, compliance, wallets, transactions, cards, and reporting, delivered with a microservice-based architecture (ISO/PCI DSS-certified), a robust API layer, and on-premise or cloud-ready deployment. FinHarbor supports fiat-only, crypto-native, and hybrid business models across markets in Europe, MENA, and beyond. Learn more: www.finharbor.com

    Social Links

    LinkedIn: https://www.linkedin.com/company/finharbor/

    Blog: https://www.finharbor.com/blog

    Media contact

    Brand: FinHarbor

    Contact: Media team

    Email: press@finharbor.com

    Website:  https://www.finharbor.com/