crypto
🎉United Kingdom 🇬🇧: Neobank Revolut launches independent app for its cryptocurrency platform Paid Members Public
🎉United Kingdom 🇬🇧: Neobank Revolut launches independent app for its cryptocurrency platform After facing regulatory challenges that forced Storonsky and Jacenk to suspend services in the United Kingdom 🇬🇧 and the U.S. 🇺🇸, the British-Lithuanian fintech is shifting its focus back to crypto. Learning from past hurdles, Revolut now reinforces its commitment
💸 Switzerland🇨🇭: Debit cards surpass cash, becoming the primary payment method Paid Members Public
💸 Switzerland🇨🇭: Debit cards surpass cash, becoming the primary payment method According to a study by the Swiss National Bank, in 2024, approximately 35% of in-store transactions were made using debit cards, surpassing cash by 5 percentage points. In comparison, in 2017, these figures were 21% and 70%, respectively. ➡️ 18% of
💀 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
⚡️USA 🇺🇸: cryptocurrency platform Ripple registers a trademark for wallets, custodial services, and SaaS Paid Members Public
⚡️USA 🇺🇸: cryptocurrency platform Ripple registers a trademark for wallets, custodial services, and SaaS The trademark called "Ripple Custody" will offer services related to cryptocurrency storage and asset management. ➡️ The downloadable app is expected to come with software that will allow users to store crypto assets, as well as
🦘 Australia 🇦🇺: new cryptocurrency regulation on the horizon Paid Members Public
🦘 Australia 🇦🇺: new cryptocurrency regulation on the horizon The regulation will impact operators, exchanges, digital asset platforms, as well as custodial services and brokers. ➡️ A statement from the Treasury mentions tokenization, real-world assets (RWA), and central bank digital currencies (CBDC) as part of a broader plan to modernize the financial system.
🤩 Russia 🇷🇺: Confiscated cryptocurrency fund could become a reality Paid Members Public
🤩 Russia 🇷🇺: Confiscated cryptocurrency fund could become a reality The initiative comes from the Public Chamber of the Russian Federation (OP). ➡️ This week, the Investigative Committee of Russia submitted a draft law to the government to recognize cryptocurrencies as property. If approved, cryptocurrencies will no longer be considered "undefined"
📢 In UAE 🇦🇪, US-based crypto payment gateway Ripple 🇺🇸 obtained a license Paid Members Public
📢 In UAE 🇦🇪, US-based crypto payment gateway Ripple 🇺🇸 obtained a license This payment platform is expected to drive greater adoption of stablecoins. ➡️ With the DFSA license, Ripple became the first officially recognized blockchain-based payment provider in Dubai. ➡️ Key facts: Ripple's own stablecoin, RLUSD, launched in late December, has already
🌍 A macroeconomic analysis: according to the ECB, the adoption of cryptocurrencies and non-bank financing in the US 🇺🇸 globally is not good news Paid Members Public
🌍 A macroeconomic analysis: according to the ECB, the adoption of cryptocurrencies and non-bank financing in the US 🇺🇸 globally is not good news The European regulator expresses concern, stating that “financial crises tend to originate in the US and then spread to the rest of the world.” However, the real fear