Smartphone shipments across Africa expanded significantly in 2025, with the continent receiving 84.4 million units over the course of the year, marking a 13 per cent year-on-year increase according to market analytics firm Omdia. This performance outpaced many global markets and reflected a phase of recovery and transition as mobile users increasingly adopt smart devices over basic handsets. Fourth-quarter data showed shipments rising 14 per cent to […]
Arabian Post Staff -Dubai Dubai-based Emirates Gold has marked 34 years in the precious metals industry by outlining plans to deepen its refining capacity, expand international partnerships and strengthen its role in shaping the region’s bullion trade by 2026. Founded in 1992, the company has grown from a local refinery into one of the Middle East’s established minting and gold refining firms, operating from Dubai Multi Commodities […]
Gold prices firmed in early trade on Thursday as a softer dollar and renewed demand for defensive assets lent support, with investors assessing signals from Washington on tariffs and monitoring diplomatic exchanges between the United States and Iran. Spot gold rose 0.4 per cent to $5,192.28 per ounce by 0500 GMT, extending gains after touching a more than three-week high earlier in the week. US gold futures […]
Plans Regional Operational Hub and Supports Local SME Trade Settlements
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 26 February 2026 – XTransfer, the World’s Leading B2B Cross-Border Trade Payment Platform, is pleased to announce that it has received conditional approval from Bank Negara Malaysia (BNM) for key payment licences, including issuing electronic money, as well as a Money Services Business Licence (Class A) covering remittance and currency exchange.
XTransfer receives Malaysia Central Bank’s conditional approval for key payment licences.
Upon completing the pre-issuance conditions and being permitted to launch, XTransfer plans to introduce digital payment services in Malaysia designed to support businesses, particularly small and medium-sized enterprises (SMEs) engaged in international trade. These services are intended to include streamlined onboarding, convenient funding options, efficient foreign exchange, and secure remittance and settlement experiences, with a focus on compliance, security, and operational reliability, helping Malaysian SMEs reduce friction in legitimate trade as they scale into regional and emerging-market corridors.
“Receiving conditional approval from Bank Negara Malaysia is an important milestone for XTransfer in the ASEAN region,” said Bill Deng, Founder and CEO of XTransfer. “We appreciate BNM’s guidance and oversight. We look forward to bringing Malaysian businesses compliant and efficient payment solutions that help trade move faster and more predictably, especially as intra-Asia and broader South–South trade routes continue to expand.
Malaysia is also central to XTransfer’s regional strategy, with a plan to establish Malaysia as its regional operational hub, serving as a strategic control centre within Southeast Asia, coordinating compliance, risk management, customer support, and global operations to ensure alignment with both local and Group-wide standards. “Malaysia gives us the talent, governance environment, and regional proximity to scaleacross the region,” Bill added.
Founded in 2017, XTransfer is dedicated to using technology to bridge large financial institutions and SMEs worldwide, providing secure, compliant, fast, convenient and low-cost cross-border trade payment and fund collection solutions. With more than 800,000 enterprise clients, XTransfer has become a global industry leader and continues to expand internationally to support trading companies worldwide. Hashtag: #XTransfer #PaymentLicense #Malaysia #BankNegaraMalaysia #Crossborder #SMEs
Treasury manager FG Nexus has intensified its reduction of ether holdings, selling 7,550 ETH valued at about $14 million as part of a strategic unwind that has now crystallised more than $80 million in losses on its corporate crypto portfolio. The firm’s move marks a continuation of a reversal from its earlier accumulation strategy, leaving observers scrutinising the viability of concentrated digital-asset reserves on corporate balance sheets. […]
Hong Kong will begin issuing its first licences for fiat-backed stablecoin issuers in March, advancing its ambition to position the city as a regulated global hub for digital assets and virtual finance. Financial authorities have confirmed that the new regime will allow approved companies to issue stablecoins pegged to fiat currencies under a structured supervisory framework. The move follows months of consultation led by the Hong Kong […]
Veritickets offers a ticket issuance promise as fast as 12 hours and guarantees that every ticket is verified and valid for entry.
The platform is an officially certified partner of Alipay, China’s leading payments and digital services platform, and of the cross-border e-commerce platform Tmall Global.
It provides multilingual interfaces and multi‑currency payment options.
SINGAPORE – Media OutReach Newswire – 26 February 2026 – Veritickets, a next‑gen global ticketing platform, recently launched its website and mobile app. The platform pledges to issue confirmed, in‑stock tickets in as fast as 12 hours and offers multilingual interfaces and multi‑currency payment options to address major pain points for cross‑border buyers and streamline the purchase experience.
The platform also guarantees “100% verified tickets,” supported by a consumer‑protection policy that offers a full refund plus additional compensation of up to the ticket price if a ticket is not delivered. Users can access the service via the Veritickets website or by downloading the mobile app from various app stores.
Screenshot of the Veritickets website showing the platform’s newly launched web ticketing interface.
Screenshot of the Veritickets app, now available for both iOS and Android users.
Designed specifically for international buyers, Veritickets accepts major credit cards including Visa, Mastercard and JCB. It is also an officially certified partner of China’s leading payments and digital services open platform Alipay and of the cross-border e-commerce platform Tmall Global.
The platform has already listed multiple high‑demand events, including the BTS 2026-2027 World Tour, the World Cup 2026 and Stefanie Sun _After Sunset_ World Tour.
With an initial focus on Hong Kong, Macau and Southeast Asia, Veritickets is positioning itself as a global ticketing platform, aiming to deepen its presence across the Asia‑Pacific region while expanding into additional markets in phases.
To reduce search friction and enhance transparency, Veritickets aggregates official, vetted inventory into a single interface, enabling users to compare options efficiently. The platform provides real‑time availability and pricing, supported by an all‑in pricing model intended to minimize unexpected fees and last‑minute adjustments.
Its smart recommendation engine curates event suggestions based on user preferences. The platform also offers round‑the‑clock customer support and real‑time transaction verification as part of its agent supervision standards.
Veritickets is currently recruiting internationally qualified ticketing agents, requiring valid operating licenses, strong credit records and proven professional service capabilities. All agents must comply with stringent requirements, including real‑time ticket updates, instant transaction validation and round-the-clock customer support, ensuring a consistent and reliable experience for buyers worldwide. Hashtag: #Veritickets
The issuer is solely responsible for the content of this announcement.
Adoption of Bitcoin is expanding across institutions, banks, corporations and retail investors even as sharp price fluctuations continue to test market confidence, according to new research from River, a US-based Bitcoin financial services firm. River’s latest report argues that Bitcoin’s long-term trajectory is being shaped less by short-term volatility and more by structural shifts in how capital allocators, payment companies and sovereign actors perceive digital assets. The […]
Any firm in the UAE must have a corporate bank account. It helps pay bills and conduct international operations. However, bank account opening in Dubai isn’t as easy as it first appears. Strict AML and verification procedures complicate the process and can delay the company’s launch for a significant period. Let’s explore how to avoid possible challenges. Key Details of Bank Account Opening in Dubai Account opening is allowed […]
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Nigerian banks are entering 2026 with firmer balance sheets and improved capital buffers, positioning the sector for expansion as regulatory deadlines draw closer. Analysts at Lagos-based investment banking and research firm Chapel Hill Denham say the industry’s strengthened fundamentals provide a platform for earnings growth, credit expansion and renewed investor confidence. At the centre of this shift is the Central Bank of Nigeria’s recapitalisation directive, announced in […]
Digital asset investment products recorded net outflows of about $288 million over the latest week of trading, extending a multi-week streak of capital withdrawals by institutional and retail investors from cryptocurrency-linked funds. This marks the fifth consecutive week of net selling in crypto fund flows, pushing total outflows to roughly $4 billion over this period and signalling ongoing pressure on risk assets within the digital-asset space. Despite […]
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North Korean state-backed hackers are exploiting global technology recruitment channels to plant malware, siphon intellectual property and generate covert revenue, according to multiple cyber security investigations tracking activity since 2022. The operations combine fake IT worker identities with booby-trapped job interviews, turning routine hiring processes into attack vectors aimed at software developers and technology firms. Security analysts say the campaigns form part of a broader strategy by […]
More than a thousand malicious plug-ins capable of siphoning cryptocurrency wallet data and sensitive credentials have been identified on OpenClaw’s ClawHub platform, raising fresh concerns over the security of decentralised software marketplaces and the speed at which harmful code can spread through developer ecosystems. Security researchers examining ClawHub said they had flagged 1,184 so-called “skills” that appeared designed to harvest SSH keys, private wallet information and other […]
Cybersecurity analysts warn that operators linked to North Korea have expanded their assault on digital asset platforms, a year after a record-breaking breach at Dubai-based exchange Bybit exposed structural weaknesses across the sector. On 21 February 2025, attackers attributed by multiple governments and private security firms to Pyongyang stole about $1.46 billion in cryptoassets from Bybit, marking the largest confirmed theft in the history of the cryptocurrency […]
XRP’s on-chain metrics have shown one of the sharpest capitulation events in its history, with realised losses reaching levels not seen since late 2022, according to multiple on-chain analytics platforms. The weekly tally of realised losses — the measure of holders selling at prices below their original acquisition cost — ballooned to approximately $1.93 billion, signalling heightened fear and broad selling across the market. That peak represents […]
Bitcoin fell about five per cent, sliding below the $65,000 mark as large holders accelerated transfers to exchanges and short-term investors continued to exit at a loss, underscoring fragile sentiment in the world’s largest cryptocurrency. The decline pushed Bitcoin to levels last seen several weeks ago, extending a pullback from record highs above $73,000 set earlier this year. Market data showed the digital asset trading in the […]
Michael Saylor has indicated that his company could expand its already vast Bitcoin holdings, renewing debate over corporate exposure to the world’s largest cryptocurrency and reinforcing his long-standing conviction that digital assets will define what he calls the “Orange Century”. Saylor, executive chairman of MicroStrategy, now rebranded as Strategy, shared remarks on social media that were widely interpreted by market participants as a signal of further purchases. […]
Copper prices edged higher on Friday but remained on course for a third consecutive weekly decline, as a firmer US dollar and persistent concerns over global demand continued to weigh on sentiment across industrial metals markets. Benchmark three-month copper on the London Metal Exchange climbed during morning trade, recovering from earlier losses as short-covering set in ahead of the weekend. Despite the rebound, prices have retreated over […]
President Donald Trump has set an ultimatum for Iran to conclude a meaningful deal on its nuclear programme within the next 10 to 15 days, warning that failure to do so could trigger “really bad things” including possible limited military strikes, as tensions mount across the Middle East. Trump made the comments at a White House meeting of his Board of Peace initiative, underscoring that negotiations with […]
Markets fluctuated sharply on Friday as digital assets and traditional financial instruments digested the U. S. Supreme Court’s decision that struck down former President Donald Trump’s sweeping tariff regime, triggering a brief rally in bitcoin followed by rapid sell-offs and mixed sentiment among investors. The ruling, handed down by a 6-3 majority, found that the use of the International Emergency Economic Powers Act to impose broad tariffs […]
Arabian Post Staff -Dubai Dubai has moved to enable the resale of tokenised property assets, marking a significant step in a $16 billion plan to digitise parts of its real estate market and make transactions faster and more accessible. The Dubai Land Department has confirmed that the next phase of its real estate tokenisation initiative, developed with technology firm Ctrl Alt, will allow investors to trade property […]
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