crypto
⚠️United Arab Emirates 🇦🇪join international initiative on tax debt and crypto information exchange Paid Members Public
⚠️United Arab Emirates 🇦🇪join international initiative on tax debt and crypto information exchange The agreement is part of the Crypto-Asset Reporting Framework (CARF), developed by the Organisation for Economic Co-operation and Development (OECD). It covers both traditional centralized exchanges and other digital asset service providers subject to the new reporting
🎉Colombia 🇨🇴: MoneyGram launches stablecoin remittance service Paid Members Public
🎉Colombia 🇨🇴: MoneyGram launches stablecoin remittance service Clients in the United States 🇺🇸 can now send money in USD, which is instantly converted to USDC and delivered to recipients in Colombia. ▶️Infrastructure: in Colombia, MoneyGram operates more than 6,000 branches, and remittance flows are among the largest in the region. From
😳United Kingdom🇬🇧: The Bank of England will limit stablecoin ownership Paid Members Public
😳United Kingdom🇬🇧: The Bank of England will limit stablecoin ownership The Bank of England’s cautious stance reflects concerns that the widespread adoption of stablecoins could drain deposits from traditional banks and undermine financial stability. At the same time, the UK crypto community has voiced strong opposition. ▶️The central bank
⚡️PayPal users will be able to send money and crypto via P2P links Paid Members Public
⚡️PayPal users will be able to send money and crypto via P2P links To send or request a transfer, users simply need to open the PayPal app and enter the payment details. This generates a unique, one-time link that can be shared via SMS, email, direct messages, or chat. ▶️It
😎Kyrgyzstan🇰🇬: Parliament Approves law on virtual assets Paid Members Public
😎Kyrgyzstan🇰🇬: Parliament Approves law on virtual assets The newly passed regulation sets out requirements for stablecoins and real-world asset (RWA) tokens, while also introducing the concepts of “state mining” and a national “crypto reserve”. ▶️The president will appoint the regulatory authority, which will oversee the registration of miners, define technical
🎉 Stripe🇺🇸introduces the Tempo blockchain for stablecoin payments Paid Members Public
🎉 Stripe🇺🇸introduces the Tempo blockchain for stablecoin payments The project is being developedwith a focus on payments, money transfers, and new use cases — such as microtransactions and machine-to-machine transactions. ▶️Tempo is the result of a collaboration between Stripe — leveraging its global infrastructure and customer base — and the crypto-focused venture capital
⚡️South Korea 🇰🇷 to share cryptocurrency transaction data worldwide Paid Members Public
⚡️South Korea 🇰🇷 to share cryptocurrency transaction data worldwide South Korea has officially joined the reporting system of the Organisation for Economic Co-operation and Development (OECD) in the field of cryptocurrencies. The country’s Ministry of Economy and Finance has already signed the corresponding agreement. ▶️Context: in November 2023, South Korea
💀Fear and Loathing in the Asia-Pacific Region: Tether froze USD 49.6 million in funds linked to pig butchering scams Paid Members Public
💀Fear and Loathing in the Asia-Pacific Region: Tether froze USD 49.6 million in funds linked to pig butchering scams Demonstrating that stablecoin oversight can effectively disrupt illicit cross-border money flows, the crackdown brought together Chainalysis, Binance, OKX, and regional law enforcement agencies. ▶️Context: these freezing measures are part of