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AI & Enterprise
MSIT to expand quantum communications testbed to support commercialisation and overseas expansion
South Korea will expand its quantum communications demonstration base to support commercialisation and overseas expansion of domestic technology. The Ministry of Science and ICT said it held a kickoff briefing on the open quantum testbed upgrade and expansion project with the National Information Society Agency. The project will add three hubs for commercial, overseas and future uses from 2026 to 2028, with 7.4 billion won to be invested this year.
Crypto
BNY Mellon subsidiary joins MiCA register as ESMA adds 15 providers
The European Securities and Markets Authority added 15 crypto-asset service providers to the MiCA register, lifting the total number of registered entities to 309. The update includes BNY SA/NV, a Belgian subsidiary of BNY Mellon, along with four banks and digital asset platforms. It was the third post-deadline update since the July 1 transition date. Registrations rose most in Germany and Denmark, with three additions each.
Crypto
Bitget registers as financial service provider to expand New Zealand business
Cryptocurrency exchange Bitget has registered as a financial service provider with New Zealand’s Financial Service Providers Register (FSPR). The registration allows Bitget to expand services in New Zealand, including foreign exchange conversion, domestic and international remittances, custody of client assets, and portfolio and fund management. Bitget has been widening licences and registrations in various countries. It has also announced plans for a European headquarters in Vienna and appointed Oliver Stauber as Bitget EU chief executive.
