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🙈Brazil🇧🇷: new reform could raise gambling tax to 42% Paid Members Public
🙈Brazil🇧🇷: new reform could raise gambling tax to 42% The proposal is not an isolated measure but part of a comprehensive restructuring of Brazil’s tax system, with direct implications for the gambling and betting industry. The ongoing reform of the tax framework could push the overall tax burden on
⛔️ At Turkey’s request🇹🇷, Tether froze 554 million USDT linked to illegal gambling Paid Members Public
⛔️ At Turkey’s request🇹🇷, Tether froze 554 million USDT linked to illegal gambling Tether has frozen 554 million USDT at the request of Turkish authorities. The funds were tied to unauthorized Turkish bookmaker Veysel Sahin, who is accused of operating a large-scale illegal betting network. 🔻 Background: Between January 1, 2024,
📢Canada🇨🇦 tightens Crypto Custody Standards to Mitigate Risks from Hacks, Fraud, and Governance Failures Paid Members Public
📢Canada🇨🇦 tightens Crypto Custody Standards to Mitigate Risks from Hacks, Fraud, and Governance Failures Custodians are now subject to a tiered regulatory framework imposing differentiated restrictions based on capitalization, supervisory controls, and operational resilience. ➡️ Under the new structure, top-tier custodians may hold up to 100% of their clients’ crypto assets.
⚠️ Stripe Faces Regulatory Scrutiny After Acquiring Bridge Paid Members Public
⚠️ Stripe Faces Regulatory Scrutiny After Acquiring Bridge After acquiring Bridge, the crypto startup specialized in stablecoin infrastructure, it emerged that its platform had been linked to transactions involving entities and high-risk activities that attracted regulatory attention. This situation could have significant consequences for Stripe, which acquired Bridge for $1.1
👀 Stablecoin adoption accelerates: retail transaction volumes increased tenfold in 2025 Paid Members Public
👀 Stablecoin adoption accelerates: retail transaction volumes increased tenfold in 2025 Throughout 2025, retail activity involving stablecoins expanded at an unprecedented pace. Specifically, the number of transactions rose from 314 million in January to 3.2 billion in December, representing a tenfold increase over the year. ▶️ Data source: the figures originate
😱United Kingdom🇬🇧: Central Bank moves forward with a proposal for an alternative payment system to cards Paid Members Public
😱United Kingdom🇬🇧: Central Bank moves forward with a proposal for an alternative payment system to cards The initiative is expected to enable consumers to make purchases directly from their bank accounts, reducing reliance on traditional debit and credit card networks. Working groups involving representatives from the financial sector and other
🎉 Hong Kong🇭🇰: the regulator will issue the first licenses for the issuance, management, and redemption of stablecoins starting in March Paid Members Public
🎉 Hong Kong🇭🇰: the regulator will issue the first licenses for the issuance, management, and redemption of stablecoins starting in March Access to the new licensing regime will be restricted to verified applicants that meet stringent standards for risk management, anti-money laundering (AML) and adequate reserve backing, according to CryptoNews. ➡️ The
🤔 European Central Bank publishes payment data for the first half of 2025 Paid Members Public
🤔 European Central Bank publishes payment data for the first half of 2025 Overview: Cards remain the dominant payment method, largely driven by the continued shift toward cashless payments. ⚫️ From January to June, 77.7 billion cashless transactions were recorded, representing a 7.7% year-on-year increase. The total value of these