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😱 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
👀 Argentina🇦🇷 blocks Polymarket for operating without an iGaming license, following similar action in Colombia🇨🇴 Paid Members Public
👀 Argentina🇦🇷 blocks Polymarket for operating without an iGaming license, following similar action in Colombia🇨🇴 Yesterday, we reported on a similar situation in Brazil🇧🇷 (although no blocking measures have been implemented there yet). The latest developments suggest this is increasingly becoming a broader regional trend. ➡️ The ruling not only orders the
🎉 Mastercard launches blockchain payments initiative with PayPal, Binance and Ripple developers Paid Members Public
🎉 Mastercard launches blockchain payments initiative with PayPal, Binance and Ripple developers The initiative, aimed at integrating blockchain capabilities with existing payment infrastructure, focuses on cross-border transfers, B2B payments and global payouts. 🔺 The program is part of Mastercard’s ongoing strategy to deepen its engagement with the digital assets ecosystem. The
😱 Brazil🇧🇷: the regulator has blocked more than 27,000 illegal sites and plans to continue enforcement Paid Members Public
😱 Brazil🇧🇷: the regulator has blocked more than 27,000 illegal sites and plans to continue enforcement On March 4, during the SBC Summit Rio event, two representatives of Brazil’s betting market regulators — the Secretary of Lotteries and Betting at the Ministry of Finance and the Secretary for Sports Betting