Asia

🔝Philippines🇵🇭: Ministry of Finance considers removing gambling tax 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

Morgan Ellis
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🏴‍☠️Cybercrime: U.S.🇺🇸lawmakers accuse China🇨🇳of supporting scam networks targeting Americans 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

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😨Philippines🇵🇭: Central Bank proposes stricter rules for online gambling 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

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📣Vietnam🇻🇳: ACB Bank launches Southeast Asia’s first Visa Flex Credential system 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

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🔝Thailand🇹🇭and France🇫🇷consider legalizing casinos to stimulate the economy Members Public

🔝Thailand🇹🇭and France🇫🇷consider legalizing casinos to stimulate the economy The gambling industry—both land-based and online—generates significant revenue, prompting several countries to explore ways to tap into this economic potential. ➡️ In Thailand, only state-run lotteries and horse racing have been officially permitted so far; all other forms of

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🎉Uruguayan payment platform dLocal🇺🇾obtains licenses in the United Arab Emirates🇦🇪, Turkey🇹🇷, and the Philippines🇵🇭 Members Public

🎉Uruguayan payment platform dLocal🇺🇾obtains licenses in the United Arab Emirates🇦🇪, Turkey🇹🇷, and the Philippines🇵🇭 Go Uruguay, go global! ▶️In the United Arab Emirates, dLocal obtained a license to offer payment services, allowing the company to conduct cross-border transactions directly to and from the country. ▶️In the Philippines, dLocal received

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🤔Thailand: Regulator Approves 5-Year Tax Exemption on Crypto Capital Gains for Merchants Members Public

🤔Thailand: Regulator Approves 5-Year Tax Exemption on Crypto Capital Gains for Merchants Thailand is making progress toward its goal of becoming a regional hub for digital assets. ➡️Previously: Capital gains from the sale of crypto assets were subject to a 15% personal income tax. ➡️Now: Following a decision by the

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🎉Thailand🇹🇭: KuCoin exchange launches a regulated cryptocurrency platform Members Public

🎉Thailand🇹🇭: KuCoin exchange launches a regulated cryptocurrency platform 🔴KuCoin exchange has obtained SOC 2 Type II and ISO 27001 certifications. 🔴Following this, it acquired ERX, the first digital token platform in Thailand regulated by the Securities and Exchange Commission (SEC). The regulator approved the operation after the acquisition. ➡️At the

Morgan Ellis
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