Asia
💀 South Korea🇰🇷: sanctions for unregistered crypto exchanges Paid Members Public
💀 South Korea🇰🇷: sanctions for unregistered crypto exchanges The platforms BitMEX, KuCoin, CoinW, Bitunix, and KCEX are under investigation. Authorities are collecting data and analyzing potential sanctions. ➡️ These platforms have offered Korean-language websites, marketing events, and customer support for local investors without complying with the Financial Intelligence Unit (FIU) requirements of
😱 Turkey 🇹🇷: crackdown on online gambling intensifies Paid Members Public
😱 Turkey 🇹🇷: crackdown on online gambling intensifies In a large-scale operation, police arrested 52 people in Istanbul, 21 of whom remain in custody. Among those involved is Erkan Kork, president of BankPozitif and payment provider PayFix. 🔴 Kork faces charges of money laundering from illegal gambling and facilitating unauthorized transactions. 🔴 Authorities seized
💣 Since March 12, VTB🇷🇺 customers can pay for purchases in Turkey🇹🇷 using QR code Paid Members Public
💣 Since March 12, VTB🇷🇺 customers can pay for purchases in Turkey🇹🇷 using QR code VTB's technology and service are already available in Tajikistan🇹🇯 and Belarus🥔. A similar feature will be launched in the "Sber" app by the end of March. 💕 Payments are made in rubles, which
😺 KONA I🇰🇷 to Manufacture IDEX Pay Biometric Cards for Mastercard Paid Members Public
😺 KONA I🇰🇷 to Manufacture IDEX Pay Biometric Cards for Mastercard The South Korean IC chip card manufacturer has received approval to produce EMVCo-compliant cards. 💎 Biometric authentication via fingerprint, eliminating the vulnerability of four-digit PINs and reducing fraud risk. 💎 To pay with IDEX Pay, users simply touch the card’s sensor
🏴☠️ Bybit Crypto Exchange Hack: The Story Continues Paid Members Public
🏴☠️ Bybit Crypto Exchange Hack: The Story Continues To objectively assess the situation, we conducted a survey on February 21. While many joined just to see the results, 10% of respondents reported withdrawal issues. Latest findings: ➖ According to blockchain analytics firm Elliptic, hackers stole approximately $1.5 billion in digital assets,
📢 Singapore🇸🇬: RedotPay🇨🇳, StraitsX, and Visa launch advanced crypto cards Paid Members Public
📢 Singapore🇸🇬: RedotPay🇨🇳, StraitsX, and Visa launch advanced crypto cards RedotPay, in collaboration with StraitsX and Visa, has launched crypto credit cards for seamless transactions. ➡️ StraitsX, a blockchain platform with official banking license in Singapore, serves as the BIN sponsor. ➡️ RedotPay contributes with its real-time conversion technology to facilitate payments. ➡️ Visa
🐘 India🇮🇳: The Central Bank enhances the security of cross-border payments with cards, introducing an additional authentication factor (AFA) Paid Members Public
🐘 India🇮🇳: The Central Bank enhances the security of cross-border payments with cards, introducing an additional authentication factor (AFA) The Reserve Bank of India has implemented new security measures for international card payments due to the rise in fraudulent cases. ➡️ Requirements: 🔹 International digital transactions with cards issued in India must meet
🙈 Singapore🇸🇬: Banks lose customers due to ineffective KYC Paid Members Public
🙈 Singapore🇸🇬: Banks lose customers due to ineffective KYC At 90% of banks in Singapore, potential customers leave before completing the "Know Your Customer" (KYC) process. ➡️ Causes: In 2024, stricter anti-money laundering (AML) regulations came into effect, complicating verification processes. As a result: 🔹 79% of banking executives cite manual