Kraken acquires Asian stablecoin issuer for $600M. Cambodian PM's cousin admits to 30% stake in scam-linked Huione Pay. Asia Express.
4 min
May 11, 2026
Kraken buys Hong Kong payments firm, Cambodian PM's cousin distances himself from Huione Pay operations, and more.
written by
Yohan Yun , Staff Writer
Hana Bank to acquire stake in Dunamu for $700 million, filing says
Kraken Owner Payward Trims Workforce Ahead of Potential IPO
Kraken parent Payward, Franklin Templeton plan onchain investment products
Kraken parent Payward cuts 150 jobs amid IPO and expansion push
Hana Bank agrees to buy $670 million stake in Upbit operator Dunamu
Kakao Sells $670 Million Stake In Korean Crypto Exchange Operator Dunamu To Hana Bank
Ripple joins Singapore's BLOOM cross-border trade finance sandbox scheme, Bhutan continues its massive Bitcoin sell off: Asia…
The seizure hits a cloud account that powered Huione Guarantee, a Telegram marketplace tied to billions in Southeast Asian scam…
Explore the U.S. Treasury's actions against Huione for facilitating crypto-money laundering linked to the Prince Group.
What crypto hacks? North Korea denies "unfounded" allegations. Upbit’s official bank partner to trial remittances with Ripple.…
Stock analysts are getting excited about the potential boost to Asian crypto trading after Hong Kong's stablecoin bill takes…
Last year, FinCEN designated Huione Group as a primary money laundering concern under the USA Patriot Act.
