Welcome back to Continuum Weekly News. Every Friday we pull the top Asia headlines on digital-asset regulation, cyber risk, industry moves and insurance signals — short, practical and ready to share with insurers and corporate risk teams.
1) Regulatory (APAC)
South Korea sets a Dec. 10 deadline for a stablecoin bill—
Lawmakers told regulators to deliver a draft or risk legislators advancing their own proposal; the push centres on a bank-led issuance model and tighter oversight for on-shore stablecoins.
Thailand’s TouristDigiPay sandbox advances operator applications —
The SEC’s programme to let tourists convert digital assets into baht remains live (applications open through the trial window), an operational test that will shape PSP / merchant settlement and AML expectations.
2) Hacking & Physical Risks
Upbit hot-wallet outflow (Solana) — material Solana-asset drain / emergency audit —
South Korea’s largest exchange detected abnormal Solana outflows, suspended relevant services and pledged customer reimbursement as an emergency security review proceeds. This underlines hot-wallet exposure and insurer proof/control demands.
Ransomware / extortion complexity remains high across APAC—
Intelligence and vendor reporting show ransomware tactics (including multi-vector and quadruple-extortion methods) continuing to escalate in the region, increasing incident complexity for claims and recovery.
3) Industry & Markets
Robinhood enters Indonesia via two local acquisitions—
The U.S. retail/crypto platform announced agreements to acquire a licensed broker and a licensed crypto trader in Indonesia, signalling renewed global players’ push into SEA retail and on-ramp markets.
ETF / market flow pressure — spot Bitcoin ETF assets and flows remain a major liquidity signal—
ETF AUM/flow stories and recent weekly flow reports continue to reshape custody sizing and liquidity planning for APAC institutions. (market-structure takeaway for custodians & insurers).
4) Insurance Spotlight
Insurers moving to limit AI liability exposure—
Several large carriers and market reports show insurers exploring AI-specific exclusions or higher scrutiny of AI usage in corporate operations — a sign that underwriters will demand clearer disclosures, governance evidence and may restrict open-ended AI exposures.
APAC cyber market indicators: softer pricing but stricter evidentiary standards —
Regional market indices and broker reports show modest rate relief in pockets, while underwriters tighten submission standards (vendor/SBOM evidence, incident logs, third-party hygiene) before offering capacity.
