Welcome back to Continuum Weekly News. Every Friday we bring you the top Asia headlines on digital-asset regulation, cyber risk, industry moves and insurance signals, with concise takeaways and practical actions for insurers and corporate risk teams.

1) Regulatory News

SFC clarifies shared-order-book rules for licensed VATPs

Hong Kong’s regulator published guidance on sharing global order books (and the settlement exposures that come with them), creating new operational and settlement proof requirements for platforms that want to link on-shore liquidity to overseas pools.

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South Korea imposes sanctions on entities tied to SEA online crime hubs

Seoul sanctioned people and firms linked to online fraud operations in SE Asia, signalling stronger cross-border enforcement that will affect AML/KYC and counterparty-screening expectations regionally.

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2) Hacking & Physical Risks

Actively exploited Oracle Identity Manager zero-day

CISA & multiple vendors confirmed active exploitation of an Oracle Identity Manager RCE; enterprise identity stacks and SSO integrations are at risk.

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Myanmar / scam-compound enforcement — satellite / comms infrastructure in the spotlight

Fresh reporting and satellite imagery show domestic “crackdowns” on scam hub infrastructure (Starlink/satellite terminals seized or targeted), underlining how comms infrastructure is now a physical vector for crypto fraud and enforcement action.

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3) Industry Updates

KRW-pegged stablecoin (KRWQ) hits first major volume milestone

Korea’s new won-pegged stablecoin passed an early trading-volume threshold this week, a local-fiat traction signal with implications for PSP rails and on-shore settlement demand.

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Altcoin ETF rollouts (same-day launches) test investor appetite

Two altcoin ETF listings (Dogecoin, XRP) landed this period in the US market, creating short-term cross-market flow tests and liquidity ripples that APAC custodians should watch.

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4) Insurance Spotlight

AI / emerging-tech funding gap continues to shape buyer strategies

Reuters reporting this week reinforced that some large AI firms are exploring investor-funded settlement reserves or captive solutions where insurers limit open-ended AI liability — a funding/placement signal that’s relevant to APAC buyers with model risk.

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Insurer capability & parametric proofs: carriers investing in prevention tech

Insurer announcements and industry notes this week show carriers expanding in-house AI and engineering capability (labs, M&A), and parametric pilots are scaling across APAC — an underwriting shift from pure indemnity to hybrid prevention + payout models.

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