Asia
👀 China 🇨🇳: Supreme Court Revises Anti-Money Laundering Law to Include Virtual Assets Paid Members Public
👀 China 🇨🇳: Supreme Court Revises Anti-Money Laundering Law to Include Virtual Assets Income conversion and transfer from digital transactions will now be regulated under rules that prohibit “concealing the origin and nature of illegally obtained income and its benefits by any means”. ➡️ Historical context: The “Anti-Money Laundering Law” was approved on
⚡️ Turkey🇹🇷: Coinbase, Gate.io, and KuCoin apply for licenses to operate as cryptocurrency exchanges Paid Members Public
⚡️ Turkey🇹🇷: Coinbase, Gate.io, and KuCoin apply for licenses to operate as cryptocurrency exchanges The crypto market in Turkey is becoming increasingly dynamic with the recent license applications from exchanges like Coinbase, Gate.io, and KuCoin. These applications follow recent regulatory changes introduced by the Capital Markets Board of Turkey
⚡️ The Central Bank of the Philippines (BSP)🇵🇭 announces the lifting of the moratorium on issuing new licenses for digital banking Paid Members Public
⚡️ The Central Bank of the Philippines (BSP)🇵🇭 announces the lifting of the moratorium on issuing new licenses for digital banking Starting January 1, 2025, up to 10 digital banks will be allowed to operate in the country. ➖ Previously, the BSP had capped the number of licenses at 6 and, in
🤝 Spanish financial conglomerate ABANCA🇪🇸 partners with Alipay+🇨🇳 Paid Members Public
🤝 Spanish financial conglomerate ABANCA🇪🇸 partners with Alipay+🇨🇳 As a result of this partnership, ABANCA's commercial clients using Alipay+ will be able to accept payments from users of 15 major Asian and European digital wallets both in online and physical stores via POS terminals. ⏺This collaboration will enable ABANCA&
⛔️ Chinese conglomerate Tencent🇨🇳 suspends WeChat Pay operations in Malaysia🇲🇾 Paid Members Public
⛔️ Chinese conglomerate Tencent🇨🇳 suspends WeChat Pay operations in Malaysia🇲🇾 The company is adjusting its business strategy in Malaysia, focusing on cross-border payments in yuan. ➡️ WeChat Pay Malaysia stopped accepting new e-wallet registrations on August 1st and will cease offering local payment services starting September 1st of this year. ➡️ Why❓— The
🎉Revolut Business Has Entered the Asian Market Paid Members Public
🎉Revolut Business Has Entered the Asian Market The Lithuanian-British cloud bank conquers Singapore🇸🇬. 🆎 The Revolut Business platform is designed as an all-in-one financial management solution, reducing administrative tasks and allowing businesses to focus on growth. 🆎 Businesses can choose four plans to access Revolut Business: Basic (free), Grow (15 Singapore dollars)
⚡️Qatar🇶🇦: The Regulator Promises to Review Its Stance on Cryptocurrencies by the End of 2024 Paid Members Public
⚡️Qatar🇶🇦: The Regulator Promises to Review Its Stance on Cryptocurrencies by the End of 2024 The Gulf state banned Bitcoin trading in 2018, but now it is clearly preparing to reverse its decision. 🔠 Context: In May 2023, the Financial Action Task Force (FATF) criticized Qatar for insufficient efforts to combat
👉 Report on E-commerce in the MENA Region 2024 by British Company Paid Members Public
👉 Report on E-commerce in the MENA Region 2024 by British Company checkout.com 🇬🇧 Remember, MENA refers to the countries in the Middle East and North Africa (UAE🇦🇪, Saudi Arabia🇸🇦, Qatar🇶🇦, Egypt🇪🇬, Algeria🇩🇿). how is payment security key to gaining customer loyalty? We have selected some aspects that, in our opinion,