Asia
💣Hong Kong🇭🇰: CMB (8th largest bank worldwide)🇨🇳launches 24/7 crypto trading in the city Paid Members Public
💣Hong Kong🇭🇰: CMB (8th largest bank worldwide)🇨🇳launches 24/7 crypto trading in the city CMB International Securities, a subsidiary of China Merchants Bank, is preparing to take the lead in Hong Kong’s booming crypto market, whose value is rapidly increasing. ▶️The CMB International trading platform will provide 24/
⛔️Malaysia🇲🇾: Central Bank (BNM) raises compliance standards for fintechs and e-wallets Paid Members Public
⛔️Malaysia🇲🇾: Central Bank (BNM) raises compliance standards for fintechs and e-wallets The law aimed at combating money laundering and terrorist financing came into effect on January 31 of this year. However, stricter requirements have now been added for customer verification, transaction monitoring, and corporate governance standards. ▶️E-money issuers must now
🎉Thailand🇹🇭: Ministry of Finance, SEC and Ministry of Tourism launch crypto-to-baht payment system Paid Members Public
🎉Thailand🇹🇭: Ministry of Finance, SEC and Ministry of Tourism launch crypto-to-baht payment system The system, called TouristDigiPay, was launched today to support the tourism sector, which weakened after new travel restrictions were imposed on Chinese visitors. ▶️Tourist requirements: to use TouristDigiPay, travelers must open accounts with digital asset companies regulated
🙈Philippines🇵🇭: Central Bank prepares new rules for online gambling Paid Members Public
🙈Philippines🇵🇭: Central Bank prepares new rules for online gambling The regulatory push continues. This time, it targets e-wallets, banks, and other financial service providers, who must remove within 48 hours any links or icons in their apps that redirect users to online gambling platforms. ▶️Context: These restrictions mainly aim at
🔝Philippines🇵🇭: Ministry of Finance considers removing gambling tax Paid Members Public
🔝Philippines🇵🇭: Ministry of Finance considers removing gambling tax Less than a month after the Central Bank introduced a series of restrictions aimed at limiting gambling through payment providers, news has emerged that a tax amnesty for gambling operators may soon be on the table. ▶️The bill is a new attempt
🏴☠️Cybercrime: U.S.🇺🇸lawmakers accuse China🇨🇳of supporting scam networks targeting Americans Paid Members Public
🏴☠️Cybercrime: U.S.🇺🇸lawmakers accuse China🇨🇳of supporting scam networks targeting Americans According to U.S. congress members, these scams allegedly operate with tacit backing from the Chinese government, sparking new geopolitical friction between the two nations. ▶️In 2024 alone, Americans lost at least $5 billion to online scams, a
😨Philippines🇵🇭: Central Bank proposes stricter rules for online gambling Paid Members Public
😨Philippines🇵🇭: Central Bank proposes stricter rules for online gambling Just a year ago, a full ban on POGOs was under discussion, and now the regulatory focus is intensifying again. The Central Bank of the Philippines has proposed a set of tighter rules for online gambling activity. ➡️Although the Philippine Amusement
📣Vietnam🇻🇳: ACB Bank launches Southeast Asia’s first Visa Flex Credential system Paid Members Public
📣Vietnam🇻🇳: ACB Bank launches Southeast Asia’s first Visa Flex Credential system This solution allows cardholders to switch between debit and credit payment modes using a single card. ▶️The bank expects this offering to improve activation rates, reduce the number of inactive accounts, and generate valuable data for future product