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😱 EU proposes 🇹🇷 Turkey’s accession to SEPA, which already includes 41 countries Paid Members Public
😱 EU proposes 🇹🇷 Turkey’s accession to SEPA, which already includes 41 countries Membership in the Single Euro Payments Area (SEPA) would enable businesses and consumers in Turkey — as well as the Turkish diaspora across Europe — to execute cross-border transfers significantly faster and at costs comparable to domestic payments. 🔹 Note: currently,
👻 ECB launches project to move Europe’s wholesale financial markets onto blockchain infrastructure Paid Members Public
👻 ECB launches project to move Europe’s wholesale financial markets onto blockchain infrastructure The launch of the Pontes DLT platform, designed for tokenized markets under the Appia strategy, is expected to take place in the third quarter of this year. ➡️ Appia is a long-term strategic program aimed at developing tokenized
💥 Turkey 🇹🇷 extradites to Russia 🇷🇺 a co-founder of the financial pyramid “Finiko”, Irina Volk Paid Members Public
💥 Turkey 🇹🇷 extradites to Russia 🇷🇺 a co-founder of the financial pyramid “Finiko”, Irina Volk Detailed information. ➡️ Background: “Finiko” was presented as an “automated profit generation system” that allegedly operated through trading in cryptocurrencies, foreign exchange, and oil on platforms such as the Moscow Exchange, the Chicago Mercantile Exchange (CME), Forex, and
😱 Ukraine 🇺🇦: new financial monitoring measures challenge the concept of banking secrecy Paid Members Public
😱 Ukraine 🇺🇦: new financial monitoring measures challenge the concept of banking secrecy The Verkhovna Rada Committee on EU integration (❕) is set to review a controversial draft law that introduces significant changes to the country’s financial supervision system. On the one hand, the initiative provides for the creation of a Register
🤔 USA🇺🇸: the SEC and CFTC issue joint guidance clarifying crypto asset classification at the federal level Paid Members Public
🤔 USA🇺🇸: the SEC and CFTC issue joint guidance clarifying crypto asset classification at the federal level The SEC — Securities and Exchange Commission — and the CFTC — Commodity Futures Trading Commission — stated that certain crypto assets that are not securities may fall under the definition of commodities. 💎 The division of jurisdiction between
🎉 USA🇺🇸: in its IPO, Japanese payment system PayPay🇯🇵 raised 880 million USD Paid Members Public
🎉 USA🇺🇸: in its IPO, Japanese payment system PayPay🇯🇵 raised 880 million USD This represents a strong outcome, although below earlier expectations: it was previously reported that the IPO could raise up to 1.1 billion USD. Shares were sold by both the company and its main shareholder — the investment arm
🐘 Indian fintech Pine Labs 🇮🇳 plans to launch a stablecoin-backed prepaid card across 9 markets Paid Members Public
🐘 Indian fintech Pine Labs 🇮🇳 plans to launch a stablecoin-backed prepaid card across 9 markets The rollout is expected by the end of the current year across West Asia, Africa and Southeast Asia. The company has not yet disclosed the specific countries, but they are expected to be markets with favorable
🐒 Brazil🇧🇷: the Tax Authority published detailed guidelines for calculating and paying income tax on winnings from fixed-odds betting and fantasy sports Paid Members Public
🐒 Brazil🇧🇷: the Tax Authority published detailed guidelines for calculating and paying income tax on winnings from fixed-odds betting and fantasy sports To support these processes, the authority now provides citizens with a dedicated digital system. The service is available on the official website. ➡️ The guidelines specify when the tax applies