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⛔️ Visa banned card transactions of three Belarusian banks in the European Union (as well as in the United Kingdom🇬🇧, Iceland🇮🇸, Liechtenstein🇱🇮 and Norway🇳🇴) Paid Members Public
⛔️ Visa banned card transactions of three Belarusian banks in the European Union (as well as in the United Kingdom🇬🇧, Iceland🇮🇸, Liechtenstein🇱🇮 and Norway🇳🇴) The restrictions were introduced on March 18 and 19 affecting Belgazprombank, Belagroprombank and Alfa-Bank (Belarus). ➡️ Cards issued by these institutions can no longer be used within the
🎉 Expansion of Wise in the 🇬🇧Asia-Pacific region: Thailand🇹🇭 grants the company 5 licences Paid Members Public
🎉 Expansion of Wise in the 🇬🇧Asia-Pacific region: Thailand🇹🇭 grants the company 5 licences The approvals, issued by the Bank of Thailand and the Ministry of Commerce, cover payment systems, e-money, and foreign exchange services. As a result, Wise becomes one of the first non-bank institutions to obtain this combination of
⚡️Singapore-based cross-border payments network Thunes🇸🇬 will enable stablecoin payouts for 11,500 SWIFT-connected banks Paid Members Public
⚡️Singapore-based cross-border payments network Thunes🇸🇬 will enable stablecoin payouts for 11,500 SWIFT-connected banks The solution, called Pay-to-Stablecoin-Wallets, enables real-time payments to 500 million stablecoin wallets worldwide using the existing SWIFT infrastructure — without requiring additional technical integration. 🔺 Supports USDT and USDC in 140 countries. 🔺 The service is built on its
🧨 The Coinbase–Bybit deal: additional details are emerging Paid Members Public
🧨 The Coinbase–Bybit deal: additional details are emerging During discussions around a potential partnership, the valuation of Bybit’s prospective entry into the U.S. market 🇺🇸 has reportedly been estimated at around USD 25 billion. ➡️ Key context: the United States remains one of the largest crypto markets globally, both at
📣 PayPal rolls out its stablecoin PYUSD across 70 markets Paid Members Public
📣 PayPal rolls out its stablecoin PYUSD across 70 markets PYUSD is a US dollar-backed stablecoin initially launched in the United States in 2022. In the coming weeks, it will become available to users with PayPal accounts across markets in Asia-Pacific, Europe, and Latin America. 💠 Users will be able to purchase
😱 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