Asia
💀 Turkey 🇹🇷: U.S. Cryptocurrency Exchange Coinbase 🇺🇸 Withdraws Its Application to Enter the Turkish Market Paid Members Public
💀 Turkey 🇹🇷: U.S. Cryptocurrency Exchange Coinbase 🇺🇸 Withdraws Its Application to Enter the Turkish Market Everything seemed promising at first in August... But in recent months, the situation has changed. Of the 77 initial applicants, only 14 remain, as many have backed out, including Coinbase, which withdrew its application. ▶️ SPK introduced
⚡️ South Korea 🇰🇷: Legislators Postpone Cryptocurrency Tax Until 2027 Paid Members Public
⚡️ South Korea 🇰🇷: Legislators Postpone Cryptocurrency Tax Until 2027 The law imposing a capital gains tax on cryptocurrencies was set to take effect in January, but following an agreement between the ruling party and the opposition, it was decided to delay it until 2027 to prevent investors from moving to offshore
⚡️ Meanwhile, in Japan 🇯🇵: British Fintech Giant Checkout.com 🇬🇧 Expands Through Direct Acquisitions Paid Members Public
⚡️ Meanwhile, in Japan 🇯🇵: British Fintech Giant Checkout.com 🇬🇧 Expands Through Direct Acquisitions The British fintech leader is making a bold move into localized payment solutions across Asia-Pacific, a critical region for both consumers and its strategic growth. 💫 The unified integration promises to offer a wide range of currencies and payment
🐘 India 🇮🇳: The Central Bank (RBI) Expands Instant Cross-Border Payments Platform Paid Members Public
🐘 India 🇮🇳: The Central Bank (RBI) Expands Instant Cross-Border Payments Platform New integrations across Asia and the Middle East will prioritize using CBDCs (Central Bank Digital Currencies) as the primary payment mechanism. This marks a shift, as CBDCs in India have so far been limited to bank-to-bank solutions, with no focus
💃 Hong Kong 🇭🇰 Plans to Exempt Hedge Funds and Ultra-Rich Individuals from Cryptocurrency Taxes Paid Members Public
💃 Hong Kong 🇭🇰 Plans to Exempt Hedge Funds and Ultra-Rich Individuals from Cryptocurrency Taxes An unprecedented act of generosity: tax exemptions will extend to private loans, foreign properties, and carbon credits. ➡️ The goal is to create the most favorable environment possible to attract foreign assets. ➡️ The government has initiated six-week consultations
💰 "Alibaba E-Commerce Business Group" to Merge Chinese 🇨🇳 and International Platforms Paid Members Public
💰 "Alibaba E-Commerce Business Group" to Merge Chinese 🇨🇳 and International Platforms Alibaba has consolidated its operations under a unified administrative structure by restructuring its business model. ▶️ Specifically, Taobao and Tmall Group will merge with the Alibaba International Digital Commerce Group, which oversees cross-border services like the popular AliExpress, the
⚡️ Singapore's DBS Bank🇸🇬 launches the UnionPay Diamond Multi-Currency Debit Card Paid Members Public
⚡️ Singapore's DBS Bank🇸🇬 launches the UnionPay Diamond Multi-Currency Debit Card It seems that no similar products currently exist in the world. ▶️ The card enables direct payments in 14 currencies, including HKD, RMB, AUD, CAD, DKK, JPY, NZD, NOK, SGD, SEK, CHF, GBP, USD, and EUR, with no conversion
📱 Mastercard plans to eliminate passwords and manual card data entry by 2030 Paid Members Public
📱 Mastercard plans to eliminate passwords and manual card data entry by 2030 T — Tokenization, B — Biometrics. And goodbye to one-time codes for online payments. A Mastercard study reveals that nearly 2 out of 3 shoppers struggle with entering their card details manually, and 25% of shopping carts are abandoned due