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👻To optimize cross-border payments, SWIFT will build a blockchain-based ledger Paid Members Public
👻To optimize cross-border payments, SWIFT will build a blockchain-based ledger The optimized service will operate around the clock and in real time. ▶️SWIFT will provide the infrastructure and oversee project coordination, while central and commercial bankswill determine the types of tokens to be used, such as deposits, CBDCs, or tokenized
💀Malaysia 🇲🇾: Communications and Multimedia Commission (MCMC) tightens measures against scams and illegal content Paid Members Public
💀Malaysia 🇲🇾: Communications and Multimedia Commission (MCMC) tightens measures against scams and illegal content The MCMC aims to more directly engage major social media companies in combating fraud and illegal content. A key measure is mandatory KYC verification on major platforms. ▶️Reason: the rapid growth of internet penetration in Malaysia has
👀Circle plans to introduce a refund mechanism for USDC transfers… with a Paid Members Public
👀Circle plans to introduce a refund mechanism for USDC transfers… with a caveat A refund feature for transactions sent to fraudsters could bring stablecoins closer to the traditional financial system. ▶️Circle, the world’s second-largest stablecoin issuer, appears determined to challenge for the top spot. This year, the company began
📣Binance launches Crypto-as-a-Service for financial institutions Paid Members Public
📣Binance launches Crypto-as-a-Service for financial institutions The solution is designed to enable traditional financial institutions and brokerage firms to provide cryptocurrency trading services to their clients. ▶️Binance’s CaaS is a comprehensive technological solution that integrates with the infrastructure of each company. It offers spot and futures trading, liquidity provision,
⚡️Uzbekistan 🇺🇿: TBC UZ expands financial services for non-residents Paid Members Public
⚡️Uzbekistan 🇺🇿: TBC UZ expands financial services for non-residents Foreigners can now access the flagship Salom debit card, as well as deposits, transfers, utility payments, and more. ▶️The initiative is part of TBC UZ’s growth strategy in Uzbekistan, focused on broadening its product portfolio and attracting new customer segments. ▶️For
🔝Latam bet: neobank Revolut 🇬🇧🇱🇹enters Mexico 🇲🇽with plans for Argentina 🇦🇷 and Colombia 🇨🇴 Paid Members Public
🔝Latam bet: neobank Revolut 🇬🇧🇱🇹enters Mexico 🇲🇽with plans for Argentina 🇦🇷 and Colombia 🇨🇴 The move is part of a USD 4 billion global investment plan aimed at strengthening the company’s international presence and creating 10,000 jobs over the next five years. ▶️Latin America is emerging as a rapidly expanding
💥Chile 🇨🇱: online gambling declared illegal by Supreme Court — what is not authorized is prohibited Paid Members Public
💥Chile 🇨🇱: online gambling declared illegal by Supreme Court — what is not authorized is prohibited The Supreme Court upheld the appeal filed by the Lotería de Concepción against telecom companies Claro, Entel, GTD, Telefónica, WOM, and VTR. As a result, they are now required to block gambling websites nationwide. ▶️Background: in
👀United Kingdom 🇬🇧: closure of the Advisory Board for Safer Gambling (ABSG) Paid Members Public
👀United Kingdom 🇬🇧: closure of the Advisory Board for Safer Gambling (ABSG) At the conclusion of its mandate, the body will be dissolved and replaced by a new research group. This means regulation will remain in place, and the administrative framework will continue. ▶️Historical background: gambling has been a core leisure