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😳Singapore 🇸🇬: convicted scammers to be banned from banking services and mobile access Paid Members Public
😳Singapore 🇸🇬: convicted scammers to be banned from banking services and mobile access The enforcement of this ban will be overseen by the Singapore Police Force (SPF), the Monetary Authority of Singapore (MAS), the Infocomm Media Development Authority (IMDA), and the Government Technology Agency (GovTech Singapore). ▶️Context: in Singapore, so-called “drops”
📢Ukraine 🇺🇦: gambling regulator PlayCity begins issuing licenses Paid Members Public
📢Ukraine 🇺🇦: gambling regulator PlayCity begins issuing licenses Licenses will be granted not only to online casinos but also to B2B manufacturers of software and gaming equipment. The licensing process is conducted under the new regulations approved by the Cabinet of Ministers. ▶️Requirements ❓— To obtain a license, applicants must demonstrate an
👀Dollar in decline? ❓ Paid Members Public
👀Dollar in decline? ❓ Since the beginning of 2024, its share in SWIFT transactions has dropped to 46.94%… This figure reached a record low for the reported period. More details at Kommersant: ▶️Over the last month, the dollar fell by 1 percentage point. The euro’s share rose to 25.
😳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
🏴☠️Anti-fraud: SWIFT and leading banks test the use of AI for data sharing Paid Members Public
🏴☠️Anti-fraud: SWIFT and leading banks test the use of AI for data sharing The tests were conducted on 10 million transactions involving 13 of the largest banks. ▶️ Among the participants were ANZ🇳🇿, BNY🇺🇸, and Intesa Sanpaolo🇮🇹, working alongside technology partners such as Google Cloud. ▶️The testing involved privacy-enhancing technologies (PET)
🙊Brazil🇧🇷 and the impact of advanced financial technologies: restrictions introduced for e-wallets with bank-like functions Paid Members Public
🙊Brazil🇧🇷 and the impact of advanced financial technologies: restrictions introduced for e-wallets with bank-like functions The more advanced the technology, the broader and more diverse the market becomes — and with that expansion comes closer regulatory scrutiny. In recent weeks, Brazil, home to Latin America’s most sophisticated instant payments system,
😎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