Asia
😱 EU proposes 🇹🇷 Turkey’s accession to SEPA, which already includes 41 countries Paid Members Public
😱 EU proposes 🇹🇷 Turkey’s accession to SEPA, which already includes 41 countries Membership in the Single Euro Payments Area (SEPA) would enable businesses and consumers in Turkey — as well as the Turkish diaspora across Europe — to execute cross-border transfers significantly faster and at costs comparable to domestic payments. 🔹 Note: currently,
💥 Turkey 🇹🇷 extradites to Russia 🇷🇺 a co-founder of the financial pyramid “Finiko”, Irina Volk Paid Members Public
💥 Turkey 🇹🇷 extradites to Russia 🇷🇺 a co-founder of the financial pyramid “Finiko”, Irina Volk Detailed information. ➡️ Background: “Finiko” was presented as an “automated profit generation system” that allegedly operated through trading in cryptocurrencies, foreign exchange, and oil on platforms such as the Moscow Exchange, the Chicago Mercantile Exchange (CME), Forex, and
🎉 USA🇺🇸: in its IPO, Japanese payment system PayPay🇯🇵 raised 880 million USD Paid Members Public
🎉 USA🇺🇸: in its IPO, Japanese payment system PayPay🇯🇵 raised 880 million USD This represents a strong outcome, although below earlier expectations: it was previously reported that the IPO could raise up to 1.1 billion USD. Shares were sold by both the company and its main shareholder — the investment arm
🐘 Indian fintech Pine Labs 🇮🇳 plans to launch a stablecoin-backed prepaid card across 9 markets Paid 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
💣 Kazakhstan🇰🇿: the regulator blocks payments of all legal bookmakers — for what purpose❓ Paid Members Public
💣 Kazakhstan🇰🇿: the regulator blocks payments of all legal bookmakers — for what purpose❓ Although 1xbet (licensed in Kazakhstan) explains the situation on its channel as alleged “technical works”, it appears to involve the mandatory reconnection of platforms to the unified payment system Nomapay, with the corresponding implications. ➡️ Context: 10 bookmakers operate
🎉 South Korea🇰🇷 and Indonesia🇮🇩 will launch a cross-border QR payment system in April Paid Members Public
🎉 South Korea🇰🇷 and Indonesia🇮🇩 will launch a cross-border QR payment system in April In its initial phase, the functionality will be limited to physical retail locations in both countries. Tourists will be able to make payments in local currencies without relying on currency exchange services, streamlining cross-border transactions and improving
⛔️ At Turkey’s request🇹🇷, Tether froze 554 million USDT linked to illegal gambling Paid Members Public
⛔️ At Turkey’s request🇹🇷, Tether froze 554 million USDT linked to illegal gambling Tether has frozen 554 million USDT at the request of Turkish authorities. The funds were tied to unauthorized Turkish bookmaker Veysel Sahin, who is accused of operating a large-scale illegal betting network. 🔻 Background: Between January 1, 2024,
🎉 Hong Kong🇭🇰: the regulator will issue the first licenses for the issuance, management, and redemption of stablecoins starting in March Paid Members Public
🎉 Hong Kong🇭🇰: the regulator will issue the first licenses for the issuance, management, and redemption of stablecoins starting in March Access to the new licensing regime will be restricted to verified applicants that meet stringent standards for risk management, anti-money laundering (AML) and adequate reserve backing, according to CryptoNews. ➡️ The