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Finance

Bitget launches Scan to Pay in emerging markets to expand stablecoin payments

Cryptocurrency exchange Bitget has launched a USDT-based QR payment feature, Scan to Pay, targeting emerging markets. The service will be offered first in some markets in Southeast Asia and Latin America and can process payments by linking to existing local payment networks without changing merchant systems. Users set a payment password and scan a merchant QR code. Bitget says the feature reflects a shift toward real-world crypto payments and highlights demand for accessible financial tools.

Crypto

Flows return as gold price decline narrows; Europe and Asia lead rebound in spot gold ETFs

Global spot gold exchange-traded funds drew $6.6 billion in April, reversing a massive outflow the month before. March saw $12 billion leave spot gold ETFs, the largest monthly outflow on record. The rebound coincided with a smaller fall in spot gold prices, with Europe leading inflows, followed by Asia and North America. Total assets rose to $615 billion and gold holdings increased to 4,137 tonnes. China’s central bank also continued buying gold.

Games & Commerce

Instagram tightens teen account exposure standards, applies U.S. PG-13 level

Instagram is tightening content exposure standards for teen accounts in South Korea to a level comparable to U.S. PG-13 films, as it steps up measures to curb harmful content. Meta said it will roll out an updated “teen account” standard across the Asia-Pacific region, expanding an update first introduced in the United States and Britain in October. The rules will limit exposure and contact with inappropriate accounts and add parental controls later this year.