Asia
😐 Sri Lanka 🇱🇰: cabinet approves gambling tax hike and higher casino entry fee for residents Paid Members Public
😐 Sri Lanka 🇱🇰: cabinet approves gambling tax hike and higher casino entry fee for residents The bill introduces an 18% tax on gross gambling revenue, up from the current 15%. In addition, the entry fee for Sri Lankan citizens to casinos will increase from USD 50 to USD 100. ▶️These measures
🙈Indonesia 🇮🇩: regulator’s digital crackdown targets gambling-related content Paid Members Public
🙈Indonesia 🇮🇩: regulator’s digital crackdown targets gambling-related content The Ministry of Communications and Digital Technologies of Indonesia (Komdigi) has intensified enforcement. ▶️Between October 20, 2024, and September 16, 2025, more than 2.8 million online posts related to gambling were removed. Of these, 2.1 million were linked to illegal
😳Singapore 🇸🇬: convicted scammers to be banned from banking services and mobile access Paid Members Public
😳Singapore 🇸🇬: convicted scammers to be banned from banking services and mobile access The enforcement of this ban will be overseen by the Singapore Police Force (SPF), the Monetary Authority of Singapore (MAS), the Infocomm Media Development Authority (IMDA), and the Government Technology Agency (GovTech Singapore). ▶️Context: in Singapore, so-called “drops”
📢 Philippines🇵🇭set to become Asia’s second-largest gaming market (after Macau🇲🇴) Paid Members Public
📢 Philippines🇵🇭set to become Asia’s second-largest gaming market (after Macau🇲🇴) By the end of 2025, gross gaming revenue is expected to surpass USD 7 billion. ▶️According to local experts, the rise in international tourism is the primary driver behind this growth. ▶️Regulatory adjustments introduced by the Philippine Amusement and
📣Japan🇯🇵: Stripe Terminal will help companies integrate offline and online commerce channels Paid Members Public
📣Japan🇯🇵: Stripe Terminal will help companies integrate offline and online commerce channels Stripe aims to support Japanese merchants in expanding into the South Korean🇰🇷 market, incorporating local payment systems such as Naver Pay, Samsung Pay and PAYCO, as well as domestic cards including Shinhan Card, Hyundai Card, and Samsung Card.
⚠️South Korea 🇰🇷: lawmakers plan to restrict the use of gacha in online games Paid Members Public
⚠️South Korea 🇰🇷: lawmakers plan to restrict the use of gacha in online games For those unfamiliar, gacha refers to a system where players spend either in-game or real-world currency to obtain virtual items of varying rarity and value. The Democratic Party of Korea has renewed its push to regulate in-game
⚡️South Korea 🇰🇷 to share cryptocurrency transaction data worldwide Paid Members Public
⚡️South Korea 🇰🇷 to share cryptocurrency transaction data worldwide South Korea has officially joined the reporting system of the Organisation for Economic Co-operation and Development (OECD) in the field of cryptocurrencies. The country’s Ministry of Economy and Finance has already signed the corresponding agreement. ▶️Context: in November 2023, South Korea
💀Fear and Loathing in the Asia-Pacific Region: Tether froze USD 49.6 million in funds linked to pig butchering scams Paid Members Public
💀Fear and Loathing in the Asia-Pacific Region: Tether froze USD 49.6 million in funds linked to pig butchering scams Demonstrating that stablecoin oversight can effectively disrupt illicit cross-border money flows, the crackdown brought together Chainalysis, Binance, OKX, and regional law enforcement agencies. ▶️Context: these freezing measures are part of