KUALA LUMPUR, Aug 18 (Bernama) -- Abnormal AI, a behavioural artificial intelligence (AI) security platform, has been accredited by the Infocomm Media Development Authority of Singapore (IMDA) and recognised as a trusted solution for government and enterprise adoption.
The accreditation status, effective July 1, positions Abnormal to pursue expanded engagement with Singapore government agencies and enterprises through IMDA's streamlined procurement process and market access channels.
Abnormal Regional Director, ASEAN, Sebastian Murphy said the accreditation reflected that the company’s platform has undergone IMDA’s robust evaluation process, giving Singaporean agencies and enterprises a validated path to adopt behavioural AI security.
“It reflects the investment we have made in this region over the past several years. We are looking forward to deepening our work with IMDA and the customers and partners we serve here,” added Murphy in a statement.
The IMDA Accreditation programme helps enterprise technology companies scale in the region. IMDA-accredited companies undergo independent evaluation across business and operations, technical capability and financial standing, giving government agencies and large enterprises confidence to adopt their solutions.
Being enrolled in the programme also gives companies access to IMDA's "Greenlane" procurement track, which is designed to substantially shorten typical government procurement timelines, as well as introductions to government decision-makers through IMDA's ecosystem.
Abnormal's accreditation status comes as organisations across Singapore and the broader ASEAN region contend with a rise in AI-generated social engineering, business email compromise, and identity-based attacks that typically bypass traditional, rules-based defences.
By establishing per-entity baselines across identities and environments, the company’s platform is designed to detect and stop sophisticated attacks, including many that have not been seen before, without relying on static rules or threat signatures.
Abnormal intends to continue evaluating opportunities to grow its presence in Singapore and across ASEAN, with additional investment in local go-to-market resources and government engagement expected in the near term.
-- BERNAMA
Tuesday, 18 August 2026
XSOLLA ADDS OVER 15 PAYMENT METHODS TO EXPAND GLOBAL REACH
 |
| Graphic: Xsolla |
KUALA LUMPUR, Aug 18 (Bernama) -- Xsolla, a global video game commerce company, has added more than 15 new payment methods to Xsolla Payments ahead of Gamescom 2026, spanning Asia and Oceania; Europe, the Middle East, and Africa (EMEA); and the Americas.
“Players in these markets are ready to spend. They just need to pay the way they already pay everywhere else. Every method we add is one more market where a developer can capture a sale they would have lost at checkout,” said Xsolla President, Chris Hewish.
Xsolla in a statement said game developers and publishers can now accept the local payment methods players already use across markets from Indonesia and the Philippines to Germany, France, and the United States, without additional integration.
According to Xsolla, the shift towards local payment methods is reshaping the digital payments landscape well beyond emerging markets. Across Europe, banks and regulators are building account-to-account and instant-payment alternatives to international cards, while the demand for local and instant payment options is growing worldwide.
Merchants that add a market’s top payment methods alongside cards have seen sales grow by up to 35 per cent, based on Xsolla data. Integrating more than 15 new methods helps developers capture previously unreachable revenue and reduce checkout abandonment, while allowing studios to expand their global reach without additional development complexity.
In Asia and Oceania, new methods include Mandiri in Indonesia, ShopeePay in the Philippines, LINE Pay in Taiwan, Octopus in Hong Kong, 7/11 (Konbini) in Japan and Zip Co in Australia. China UnionPay also expands its coverage into new regions and adds 35 local currencies.
Meanwhile, in EMEA, developers gain Wero in Germany and Belgium; Pay by Bank in Romania and Bulgaria; FLOA Pay, a buy-now, pay-later option in France; Bancomat Pay and MyBank in Italy; IRIS Commerce in Greece; and CliQ in Jordan.
In the United States (US), Aeropay brings Pay by Bank to Xsolla Payments, allowing players to pay directly from their bank accounts, one of the fastest-growing ways US consumers pay online.
The new methods are delivered through the existing Xsolla Payments integration, so developers already using the platform can enable options relevant to their markets without additional development work.
-- BERNAMA
Monday, 17 August 2026
CROSSBOW NAMED AS GEAR MEMBER, CONTRIBUTING PAYMENT SECURITY EXPERTISE
KUALA LUMPUR, Aug 17 (Bernama) -- Crossbow Enterprise Cybersecurity, an enterprise cybersecurity partner, has been selected to serve on the PCI Security Standards Council’s (PCI SSC) 2026–2028 Global Executive Assessor Roundtable (GEAR) for its third consecutive term.
The roundtable is a direct channel between payment security assessors and PCI SSC leadership, and Crossbow is one of 33 organisations selected for the 2026–2028 term, according to a statement.
“Continuing as a GEAR member for a third consecutive term is a meaningful milestone for Crossbow and reflects our ongoing engagement with the global payment security community,” said Crossbow Enterprise Cybersecurity Head of GRC Operations, Sabeena Job.
Meanwhile, PCI Security Standards Council Executive Director, Gina Gobeyn said GEAR brings together experienced industry leaders whose expertise and perspectives help guide the continued evolution of PCI security standards and programmes.
“We look forward to working with Crossbow Enterprise Cybersecurity as we continue advancing our shared mission of helping organisations protect payment data around the world,” added Gobeyn.
Crossbow’s continued role on GEAR enables it to contribute practical perspectives on evolving payment technologies and global compliance standards, helping support security frameworks that remain effective and relevant.
The company brings nearly 12 years of experience across cybersecurity consulting, payment security, assessment, compliance and advisory services, spanning India, Asia Pacific, the Gulf Cooperation Council, the United Kingdom, Europe and the United States.
-- BERNAMA
The roundtable is a direct channel between payment security assessors and PCI SSC leadership, and Crossbow is one of 33 organisations selected for the 2026–2028 term, according to a statement.
“Continuing as a GEAR member for a third consecutive term is a meaningful milestone for Crossbow and reflects our ongoing engagement with the global payment security community,” said Crossbow Enterprise Cybersecurity Head of GRC Operations, Sabeena Job.
Meanwhile, PCI Security Standards Council Executive Director, Gina Gobeyn said GEAR brings together experienced industry leaders whose expertise and perspectives help guide the continued evolution of PCI security standards and programmes.
“We look forward to working with Crossbow Enterprise Cybersecurity as we continue advancing our shared mission of helping organisations protect payment data around the world,” added Gobeyn.
Crossbow’s continued role on GEAR enables it to contribute practical perspectives on evolving payment technologies and global compliance standards, helping support security frameworks that remain effective and relevant.
The company brings nearly 12 years of experience across cybersecurity consulting, payment security, assessment, compliance and advisory services, spanning India, Asia Pacific, the Gulf Cooperation Council, the United Kingdom, Europe and the United States.
-- BERNAMA
Friday, 14 August 2026
84% of Singapore Consumers Say Age-Gated Content Can Harm Minors, Putting Pressure on Platforms to Strengthen Age Assurance
84% of Singapore Consumers Say Age-Gated Content Can Harm Minors, Putting Pressure on Platforms to Strengthen Age Assurance
New Jumio research also finds 81% of consumers in Singapore are willing to verify their age online and reveals growing support for reusable identity as a proportionate path to protecting minors and personal data
SINGAPORE, Aug 14 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of AI-powered identity intelligence, today released new findings from its 2026 Online Identity Study, revealing strong consumer support for protecting minors online and growing expectations for platforms to implement effective, proportionate age assurance.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260812013936/en/
The research found that 81% of global consumers and 84% in Singapore think access to age-gated materials online is harmful to minors. Consumers also indicated that they are open to participating in age verification efforts, with 75% globally and 81% in Singapore saying they are willing to verify their age online to ensure minors cannot access adult products and platforms.
While 83% of consumers in Singapore also believe age verification is an important tool for preventing access to harmful or restricted content, opinions vary on who bears the ultimate responsibility. When asked who they hold most responsible for protecting minors online, respondents pointed primarily to parents (68%), followed by government agencies (36%), individuals themselves (29%) and tech marketplaces (18%). Notably, 84% in Singapore also support government action to regulate access.
While consumers support stronger protections for minors online, effective age assurance also requires their participation. The findings reveal a challenge for digital platforms: consumers in Singapore want stronger safeguards, but some remain hesitant to complete identity checks or share personal information to enable them.
- 36% of respondents said they would avoid a platform entirely if asked to provide personal data for age verification.
- 46% of respondents said they would choose a less secure or less convenient platform if it meant avoiding identity checks altogether.
- 78% said they would feel more comfortable if they only had to share proof of eligibility rather than full personal details.
The findings underscore the balancing act facing digital platforms: delivering the level of assurance needed to effectively protect minors while making the verification experience proportionate to the risk and minimizing unnecessary friction for legitimate users. This confirms the importance of modern digital IDs, which can provide age assurance without sharing personal data. Building trust in the age assurance experience also requires organizations to explain why verification is necessary and how personal information is handled and protected.
“There’s still a major trust gap around what happens to personal data during age verification. Stronger age assurance doesn’t necessarily mean collecting and permanently storing large amounts of sensitive data, but consumers need to understand what information is required and why,” said Joe Kaufmann, global head of privacy at Jumio. “Transparency and responsible data handling are critical to building trust and encouraging consumers to participate in the verification process.”
Consumers also signaled strong interest in verification models such as reusable identity solutions that reduce repetitive checks while maintaining strong assurance. Notably, 65% globally and 70% in Singapore said they would prefer to verify their age once and reuse that verification across multiple platforms, rather than repeating the process each time.
The research also highlights why there is no one-size-fits-all approach to age assurance. Age estimation uses a selfie to predict a person’s age and produces a probabilistic signal, while age verification confirms that an individual meets a specific age threshold using information from a government-issued ID, typically supported by identity and liveness checks. While some platforms are experimenting with AI-powered age estimation tools, identity experts caution that estimated age signals may not provide enough assurance for regulated environments or higher-risk platforms.
“There’s an important distinction between estimating someone’s age and truly verifying it,” said Jumio CEO Mark Lorion. “Age estimation may reduce friction in lower-risk situations, but when platforms require high assurance, especially where minors are involved, the strongest age assurance is a multi-layered approach using a government-issued ID and a selfie check to confirm the real person behind the credential. The focus now must be on delivering that assurance while minimizing the amount of data collected and stored.”
As age verification requirements continue to expand globally, the research suggests consumers are willing to participate in stronger identity checks, but only if organizations can demonstrate transparency, privacy protection and responsible data handling. For digital platforms, building trust may depend as much on explaining how data is protected as on the verification technology itself.
Learn more about age assurance trends and modern techniques businesses can use to best protect minors online while also protecting data privacy by downloading Identity, Privacy, and Protection: The Future of Online Age Assurance.
To learn more about Jumio and its award-winning, AI-powered identity intelligence solutions, visit jumio.com.
About the Research
The Jumio 2026 Online Identity Study surveyed 8,003 adult consumers evenly distributed across the United States, the United Kingdom, Singapore, and Mexico. Censuswide fielded the survey between April 14 and April 27, 2026. Censuswide abides by and employs members of the Market Research Society which is based on the ESOMAR principles and are members of The British Polling Council.
About Jumio
Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights to accurately establish, maintain and reassert trust.
Leveraging powerful automated technology including biometric screening, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps to fight fraud and financial crime, onboard customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions.
Based in Sunnyvale, California, Jumio operates globally with offices and representation in North America, Latin America, Europe, Asia Pacific, and the Middle East, and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.
For more information, please visit www.jumio.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260812013936/en/
Contact
Media Contact
Luke Nazir
FINN Partners
Luke.Nazir@finnpartners.com
+65 8139 2504
Source : Jumio
“There’s still a major trust gap around what happens to personal data during age verification. Stronger age assurance doesn’t necessarily mean collecting and permanently storing large amounts of sensitive data, but consumers need to understand what information is required and why,” said Joe Kaufmann, global head of privacy at Jumio. “Transparency and responsible data handling are critical to building trust and encouraging consumers to participate in the verification process.”
Consumers also signaled strong interest in verification models such as reusable identity solutions that reduce repetitive checks while maintaining strong assurance. Notably, 65% globally and 70% in Singapore said they would prefer to verify their age once and reuse that verification across multiple platforms, rather than repeating the process each time.
The research also highlights why there is no one-size-fits-all approach to age assurance. Age estimation uses a selfie to predict a person’s age and produces a probabilistic signal, while age verification confirms that an individual meets a specific age threshold using information from a government-issued ID, typically supported by identity and liveness checks. While some platforms are experimenting with AI-powered age estimation tools, identity experts caution that estimated age signals may not provide enough assurance for regulated environments or higher-risk platforms.
“There’s an important distinction between estimating someone’s age and truly verifying it,” said Jumio CEO Mark Lorion. “Age estimation may reduce friction in lower-risk situations, but when platforms require high assurance, especially where minors are involved, the strongest age assurance is a multi-layered approach using a government-issued ID and a selfie check to confirm the real person behind the credential. The focus now must be on delivering that assurance while minimizing the amount of data collected and stored.”
As age verification requirements continue to expand globally, the research suggests consumers are willing to participate in stronger identity checks, but only if organizations can demonstrate transparency, privacy protection and responsible data handling. For digital platforms, building trust may depend as much on explaining how data is protected as on the verification technology itself.
Learn more about age assurance trends and modern techniques businesses can use to best protect minors online while also protecting data privacy by downloading Identity, Privacy, and Protection: The Future of Online Age Assurance.
To learn more about Jumio and its award-winning, AI-powered identity intelligence solutions, visit jumio.com.
About the Research
The Jumio 2026 Online Identity Study surveyed 8,003 adult consumers evenly distributed across the United States, the United Kingdom, Singapore, and Mexico. Censuswide fielded the survey between April 14 and April 27, 2026. Censuswide abides by and employs members of the Market Research Society which is based on the ESOMAR principles and are members of The British Polling Council.
About Jumio
Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights to accurately establish, maintain and reassert trust.
Leveraging powerful automated technology including biometric screening, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps to fight fraud and financial crime, onboard customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions.
Based in Sunnyvale, California, Jumio operates globally with offices and representation in North America, Latin America, Europe, Asia Pacific, and the Middle East, and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.
For more information, please visit www.jumio.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260812013936/en/
Contact
Media Contact
Luke Nazir
FINN Partners
Luke.Nazir@finnpartners.com
+65 8139 2504
Source : Jumio
Monday, 10 August 2026
SIA EXPANDS AUSTRALIA PRESENCE WITH SEVEN CONSULTING ACQUISITION
KUALA LUMPUR, Aug 10 (Bernama) -- Sia, a global management consulting group, has expanded its international presence with the acquisition of Seven Consulting, an Australian management consulting firm.
Known for its expertise in business transformation, Seven Consulting brings together a team of over 100 consultants, half of whom are based in Sydney and the other half split between Melbourne and Manila.
“Seven Consulting’s deep expertise in programme delivery and change management, and its strong relationships with Australia’s largest banking, government and retail organisations, make it a highly strategic addition to Sia,” said Sia founder and chief executive officer, Matthieu Courtecuisse in a statement.
Meanwhile, Seven Consulting founder, Declan Boylan said: “We found in Sia a partner with the same entrepreneurial mindset, the same focus on high-impact client delivery, and the same conviction that our clients need practical, outcome-focused delivery expertise to navigate their most complex transformation programmes.”
The acquisition marks a key step in Sia’s expansion in Australia, giving the Group a combined team of around 130 consultants, alongside its existing base in Perth.
It also establishes a significant presence on Australia’s East Coast, with offices in Sydney and Melbourne, while expanding Sia’s client portfolio across the banking, government, transportation and retail sectors.
As part of the integration, Seven Consulting will progressively leverage Sia's international reach, global solutions portfolio and deep expertise in data and artificial intelligence (AI).
By combining Seven Consulting's recognised capabilities in business transformation and large-scale programme delivery with Sia's global AI expertise, the combined business is positioned to become a leading AI transformation partner in Australia, helping organisations move from AI experimentation to enterprise-scale transformation.
This acquisition demonstrates Sia’s continued ambition to accelerate its international expansion while strengthening its sector and functional expertise in its most strategic markets.
-- BERNAMA
Known for its expertise in business transformation, Seven Consulting brings together a team of over 100 consultants, half of whom are based in Sydney and the other half split between Melbourne and Manila.
“Seven Consulting’s deep expertise in programme delivery and change management, and its strong relationships with Australia’s largest banking, government and retail organisations, make it a highly strategic addition to Sia,” said Sia founder and chief executive officer, Matthieu Courtecuisse in a statement.
Meanwhile, Seven Consulting founder, Declan Boylan said: “We found in Sia a partner with the same entrepreneurial mindset, the same focus on high-impact client delivery, and the same conviction that our clients need practical, outcome-focused delivery expertise to navigate their most complex transformation programmes.”
The acquisition marks a key step in Sia’s expansion in Australia, giving the Group a combined team of around 130 consultants, alongside its existing base in Perth.
It also establishes a significant presence on Australia’s East Coast, with offices in Sydney and Melbourne, while expanding Sia’s client portfolio across the banking, government, transportation and retail sectors.
As part of the integration, Seven Consulting will progressively leverage Sia's international reach, global solutions portfolio and deep expertise in data and artificial intelligence (AI).
By combining Seven Consulting's recognised capabilities in business transformation and large-scale programme delivery with Sia's global AI expertise, the combined business is positioned to become a leading AI transformation partner in Australia, helping organisations move from AI experimentation to enterprise-scale transformation.
This acquisition demonstrates Sia’s continued ambition to accelerate its international expansion while strengthening its sector and functional expertise in its most strategic markets.
-- BERNAMA
Sunday, 9 August 2026
Bitget Signs Cooperation Agreement with Gelephu Mindfulness City Authority to Explore Licensed Digital Asset Presence in Bhutan
VICTORIA, Seychelles and GELEPHU, Bhutan, Aug 7 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s leading Universal Exchange, has signed a cooperation agreement with the Gelephu Mindfulness City Authority, marking a step toward establishing a local presence in Gelephu Mindfulness City, Bhutan.
The agreement sets out a framework for Bitget to establish a legal presence in GMC, prepare an application for the relevant Financial Services Licence under the regulatory framework administered by the Gelephu Financial Services Office, and work with GMCA on operational, regulatory and ecosystem-building workstreams. The cooperation is intended to support the growth of the digital asset ecosystem in GMC, subject to the required approvals.
“Bhutan is approaching digital assets with a rare mix of long-term thinking, clean-energy advantage and regulatory clarity,” said Gracy Chen, CEO at Bitget. “GMC is the emerging hotbed for digital finance, and Bitget looks forward to contributing exchange experience, infrastructure knowledge and local talent development as this ecosystem grows.”
Bhutan has become one of the most closely watched sovereign stories in digital assets. The country has used its hydropower resources to support green cryptocurrency mining as part of a broader strategy to stimulate economic growth, create new employment pathways and retain young talent.
GMC adds a new dimension to this story. As a Special Administrative Region in southern Bhutan, GMC is being developed as a next-generation international financial and innovation hub. Its financial services and virtual asset regime is governed by the Financial Services Act 2025 and subsidiary rulebooks, with firms carrying on regulated financial services or virtual asset activities in or from GMC required to obtain a Financial Services Licence from the GFSO.
“Our objective is to build a world-class digital asset ecosystem founded on robust regulation, institutional standards and long-term economic value. Partners such as Bitget play an important role in bringing global expertise while contributing to the development of local capabilities and the broader financial ecosystem,” said Jigdrel Singay, Board Director of Gelephu Mindfulness City.
Bhutan’s broader openness to responsible digital innovation has already drawn international attention. In Dec 2025, through the Bitcoin Development Pledge, Bhutan has signalled its long-term commitment to responsibly integrating digital assets into its economic development strategy, while fostering an ecosystem built on sound regulation, institutional participation and long-term value creation.
Through this cooperation, Bitget intends to contribute global exchange experience, market infrastructure knowledge and digital asset industry expertise to GMC’s emerging ecosystem. The planned local setup includes local hiring and office presence over time, helping support GMC’s wider focus on substance, talent development, knowledge transfer and long-term capability building.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | X | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
About Gelephu Mindfulness City
The Gelephu Mindfulness City Special Administrative Region is a visionary initiative creating a world-class economic hub in southern Bhutan, centered on mindfulness, sustainability, and innovation. The SAR integrates traditional Bhutanese values with globally recognized legal frameworks, cutting-edge design and technology, while harnessing the Kingdom’s abundant renewable energy resources to serve as a global exemplar of holistic development.
For more information, visit www.gmc.bt or contact info@gmc.bt
Investment inquiries: invest@gmc.bt
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9844bc4e-17d8-4724-af40-c4fa909e340a
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
“Bhutan is approaching digital assets with a rare mix of long-term thinking, clean-energy advantage and regulatory clarity,” said Gracy Chen, CEO at Bitget. “GMC is the emerging hotbed for digital finance, and Bitget looks forward to contributing exchange experience, infrastructure knowledge and local talent development as this ecosystem grows.”
Bhutan has become one of the most closely watched sovereign stories in digital assets. The country has used its hydropower resources to support green cryptocurrency mining as part of a broader strategy to stimulate economic growth, create new employment pathways and retain young talent.
GMC adds a new dimension to this story. As a Special Administrative Region in southern Bhutan, GMC is being developed as a next-generation international financial and innovation hub. Its financial services and virtual asset regime is governed by the Financial Services Act 2025 and subsidiary rulebooks, with firms carrying on regulated financial services or virtual asset activities in or from GMC required to obtain a Financial Services Licence from the GFSO.
“Our objective is to build a world-class digital asset ecosystem founded on robust regulation, institutional standards and long-term economic value. Partners such as Bitget play an important role in bringing global expertise while contributing to the development of local capabilities and the broader financial ecosystem,” said Jigdrel Singay, Board Director of Gelephu Mindfulness City.
Bhutan’s broader openness to responsible digital innovation has already drawn international attention. In Dec 2025, through the Bitcoin Development Pledge, Bhutan has signalled its long-term commitment to responsibly integrating digital assets into its economic development strategy, while fostering an ecosystem built on sound regulation, institutional participation and long-term value creation.
Through this cooperation, Bitget intends to contribute global exchange experience, market infrastructure knowledge and digital asset industry expertise to GMC’s emerging ecosystem. The planned local setup includes local hiring and office presence over time, helping support GMC’s wider focus on substance, talent development, knowledge transfer and long-term capability building.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | X | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
About Gelephu Mindfulness City
The Gelephu Mindfulness City Special Administrative Region is a visionary initiative creating a world-class economic hub in southern Bhutan, centered on mindfulness, sustainability, and innovation. The SAR integrates traditional Bhutanese values with globally recognized legal frameworks, cutting-edge design and technology, while harnessing the Kingdom’s abundant renewable energy resources to serve as a global exemplar of holistic development.
For more information, visit www.gmc.bt or contact info@gmc.bt
Investment inquiries: invest@gmc.bt
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9844bc4e-17d8-4724-af40-c4fa909e340a
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Friday, 7 August 2026
Mongolian Mining Corporation Profit Alert
HONG KONG, Aug 7 (Bernama-GLOBE NEWSWIRE) -- This announcement is made by Mongolian Mining Corporation (the “Company”, together with its subsidiaries, the “Group”) pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“Listing Rules”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
The board of directors (the “Board”) of the Company wishes to inform the shareholders and potential investors of the Company that after a preliminary review of the Group’s unaudited consolidated management accounts for the six months ended 30 June 2026 and information currently available, the Group is expected to record a consolidated net profit of between approximately USD100.0 million and USD110.0 million for the first half of 2026 as compared to a consolidated net loss of USD19.9 million reported for the six months ended 30 June 2025.
Such profit is primarily attributable to increase in washed coking coal sales volume and improved average selling price resulting in higher revenue generated by the Group for the reporting period as compared to the corresponding period in 2025, as well as the commencement of production at the gold mine and other net income.
The Company is still in the process of finalizing the interim results of the Group for first half of 2026. The information contained in this announcement is based on a preliminary assessment by the Board solely on the basis of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2026 and the current information available, which have not yet been reviewed, confirmed nor audited by the independent external auditors or the audit committee of the Company, and may be subject to adjustments.
Further details of the Group’s performance will be disclosed in the interim results announcement for the six months ended 30 June 2026 to be published by the Company in August 2026.
Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.
For and on behalf of the Board
Mongolian Mining Corporation
Odjargal Jambaljamts
Chairman
Hong Kong, 6 August 2026
As at the date of this announcement, the board of directors of the Company consists of Mr. Odjargal Jambaljamts and Dr. Battsengel Gotov, being the executive directors of the Company, Ms. Enkhtuvshin Gombo and Mr. Ariunbayar Byambadorj, being the non-executive directors of the Company, and Mr. Chan Tze Ching, Ignatius, Ms. Delgerjargal Bayanjargal and Dr. Tsend-Ayush Tuvshintur, being the independent non-executive directors of the Company.
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
Media Contact: investor@mmc.mn
SOURCE: Mongolian Mining Corporation
The board of directors (the “Board”) of the Company wishes to inform the shareholders and potential investors of the Company that after a preliminary review of the Group’s unaudited consolidated management accounts for the six months ended 30 June 2026 and information currently available, the Group is expected to record a consolidated net profit of between approximately USD100.0 million and USD110.0 million for the first half of 2026 as compared to a consolidated net loss of USD19.9 million reported for the six months ended 30 June 2025.
Such profit is primarily attributable to increase in washed coking coal sales volume and improved average selling price resulting in higher revenue generated by the Group for the reporting period as compared to the corresponding period in 2025, as well as the commencement of production at the gold mine and other net income.
The Company is still in the process of finalizing the interim results of the Group for first half of 2026. The information contained in this announcement is based on a preliminary assessment by the Board solely on the basis of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2026 and the current information available, which have not yet been reviewed, confirmed nor audited by the independent external auditors or the audit committee of the Company, and may be subject to adjustments.
Further details of the Group’s performance will be disclosed in the interim results announcement for the six months ended 30 June 2026 to be published by the Company in August 2026.
Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.
For and on behalf of the Board
Mongolian Mining Corporation
Odjargal Jambaljamts
Chairman
Hong Kong, 6 August 2026
As at the date of this announcement, the board of directors of the Company consists of Mr. Odjargal Jambaljamts and Dr. Battsengel Gotov, being the executive directors of the Company, Ms. Enkhtuvshin Gombo and Mr. Ariunbayar Byambadorj, being the non-executive directors of the Company, and Mr. Chan Tze Ching, Ignatius, Ms. Delgerjargal Bayanjargal and Dr. Tsend-Ayush Tuvshintur, being the independent non-executive directors of the Company.
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
Media Contact: investor@mmc.mn
SOURCE: Mongolian Mining Corporation
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