Africa

🐒 How to launch a sports betting business in South Africa🇿🇦 in 2026❕ Members Public

🐒 How to launch a sports betting business in South Africa🇿🇦 in 2026❕ Everything you wanted to know but were afraid to ask — analysis by SOFTSWISS. ⚫️ Introduction: ➡️ Gambling regulation in the country was introduced in 1996. This explains the existence of an established legal framework, mature digital infrastructure, and a functional

Morgan Ellis
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👀 Uganda🇺🇬: the government proposes introducing a 30% GGR on all gambling activities — with an additional tax on net winnings Members Public

👀 Uganda🇺🇬: the government proposes introducing a 30% GGR on all gambling activities — with an additional tax on net winnings ➖ This involves amendments to the recently adopted “Lotteries and Gaming Act”. In addition, a 2026 Income Tax Amendment Bill has been introduced, establishing a 15% tax on net winnings from betting

Morgan Ellis
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👀 Uganda🇺🇬: the government proposes introducing a 30% GGR on all gambling activities — with an additional tax on net winnings Members Public

👀 Uganda🇺🇬: the government proposes introducing a 30% GGR on all gambling activities — with an additional tax on net winnings ➖ This involves amendments to the recently adopted “Lotteries and Gaming Act”. In addition, a 2026 Income Tax Amendment Bill has been introduced, establishing a 15% tax on net winnings from betting

Morgan Ellis
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⚡️Singapore-based cross-border payments network Thunes🇸🇬 will enable stablecoin payouts for 11,500 SWIFT-connected banks Members Public

⚡️Singapore-based cross-border payments network Thunes🇸🇬 will enable stablecoin payouts for 11,500 SWIFT-connected banks The solution, called Pay-to-Stablecoin-Wallets, enables real-time payments to 500 million stablecoin wallets worldwide using the existing SWIFT infrastructure — without requiring additional technical integration. 🔺 Supports USDT and USDC in 140 countries. 🔺 The service is built on its

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🐘 Indian fintech Pine Labs 🇮🇳 plans to launch a stablecoin-backed prepaid card across 9 markets Members Public

🐘 Indian fintech Pine Labs 🇮🇳 plans to launch a stablecoin-backed prepaid card across 9 markets The rollout is expected by the end of the current year across West Asia, Africa and Southeast Asia. The company has not yet disclosed the specific countries, but they are expected to be markets with favorable

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😱 Gambling tax increase in South Africa🇿🇦: proposed changes could significantly raise operators’ tax burden Members Public

😱 Gambling tax increase in South Africa🇿🇦: proposed changes could significantly raise operators’ tax burden Considering all levies already paid by licensed operators at the regional level, the total tax burden could rise to 39%. 🔣 Details: the current structure includes a provincial tax of 6.5% on online betting gross gaming

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🫡Nigeria🇳🇬: PayPal launches integration with local digital wallet Paga Members Public

🫡Nigeria🇳🇬: PayPal launches integration with local digital wallet Paga For nearly 20 years, PayPal users in the country were only able to send money to merchants abroad, without the ability to receive funds into their PayPal accounts, due to concerns related to fraud risks and regulatory compliance. This situation has

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😱Ghana🇬🇭: regulator introduces mandatory biometric verification for all forms of gambling Members Public

😱Ghana🇬🇭: regulator introduces mandatory biometric verification for all forms of gambling The Ghana Gambling Commission (GCG) has given operators 14 days (from receipt of written notice) to submit a compliance plan and 16 additional days to integrate the required tools into their operations. ▶️Ghana’s national ID card is now

Morgan Ellis
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