Asia · 191 articles
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🎉 Expansion of Wise in the 🇬🇧Asia-Pacific region: Thailand🇹🇭 grants the company 5 licences
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⚡️Singapore-based cross-border payments network Thunes🇸🇬 will enable stablecoin payouts for 11,500 SWIFT-connected banks
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😱 EU proposes 🇹🇷 Turkey’s accession to SEPA, which already includes 41 countries
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💥 Turkey 🇹🇷 extradites to Russia 🇷🇺 a co-founder of the financial pyramid “Finiko”, Irina Volk
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🎉 USA🇺🇸: in its IPO, Japanese payment system PayPay🇯🇵 raised 880 million USD
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🐘 Indian fintech Pine Labs 🇮🇳 plans to launch a stablecoin-backed prepaid card across 9 markets
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💣 Kazakhstan🇰🇿: the regulator blocks payments of all legal bookmakers — for what purpose❓
Asia
🎉 South Korea🇰🇷 and Indonesia🇮🇩 will launch a cross-border QR payment system in April
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⛔️ At Turkey’s request🇹🇷, Tether froze 554 million USDT linked to illegal gambling
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🎉 Hong Kong🇭🇰: the regulator will issue the first licenses for the issuance, management, and redemption of stablecoins starting in March
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🎉 UAE🇦🇪: the Central Bank has approved the launch of USDU, a stablecoin by Universal Digital
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📢Thailand🇹🇭: the Central Bank plans to tighten rules governing cash withdrawals
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📢Thailand🇹🇭: the Central Bank plans to tighten rules governing cash withdrawals
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🎉 Thailand🇹🇭: local fintech holding SCBX develops a virtual bank with KakaoBank🇰🇷 and WeBank Technology Services🇨🇳
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☠️ In Singapore 🇸🇬, several major banks have introduced a new rule aimed at strengthening the fight against financial fraud.
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