news

👀New Zealand🇳🇿: debate over lifting the ban on online slots and betting advertising Members Public

👀New Zealand🇳🇿: debate over lifting the ban on online slots and betting advertising Push notifications, free credits, and similar incentives could become widespread, raising concerns among New Zealand’s lawmakers. ▶️Context: just a few months ago New Zealand implemented a sector reform, which established: ❌Sports and racing bets are legal

Morgan Ellis
news

📣Japan🇯🇵: Stripe Terminal will help companies integrate offline and online commerce channels Members Public

📣Japan🇯🇵: Stripe Terminal will help companies integrate offline and online commerce channels Stripe aims to support Japanese merchants in expanding into the South Korean🇰🇷 market, incorporating local payment systems such as Naver Pay, Samsung Pay and PAYCO, as well as domestic cards including Shinhan Card, Hyundai Card, and Samsung Card.

Morgan Ellis
news

⚠️South Korea 🇰🇷: lawmakers plan to restrict the use of gacha in online games Members Public

⚠️South Korea 🇰🇷: lawmakers plan to restrict the use of gacha in online games For those unfamiliar, gacha refers to a system where players spend either in-game or real-world currency to obtain virtual items of varying rarity and value. The Democratic Party of Korea has renewed its push to regulate in-game

Morgan Ellis
news

⚡️South Korea 🇰🇷 to share cryptocurrency transaction data worldwide Members Public

⚡️South Korea 🇰🇷 to share cryptocurrency transaction data worldwide South Korea has officially joined the reporting system of the Organisation for Economic Co-operation and Development (OECD) in the field of cryptocurrencies. The country’s Ministry of Economy and Finance has already signed the corresponding agreement. ▶️Context: in November 2023, South Korea

Morgan Ellis
news

🙈Brazil🇧🇷: regulatory loophole allows illegal betting sites to withdraw funds even after blocks Members Public

🙈Brazil🇧🇷: regulatory loophole allows illegal betting sites to withdraw funds even after blocks These platforms use payment institutions (IPs), which do not require authorization from the Central Bank to move funds. ▶️What’s the key issue? 👉Under current regulations, a payment institution requires official authorization from the Central Bank only

Morgan Ellis
news

⚡️Payment alliance EuroPA signs partnership with the European Payments Initiative (EPI) Members Public

⚡️Payment alliance EuroPA signs partnership with the European Payments Initiative (EPI) The platforms included in the alliance — Bancomat, Bizum, MB WAY (SIBS) and Vipps MobilePay — will integrate their solutions into a central technical hub built on European infrastructure. This integration will enable users to make instant cross-border payments on a

Morgan Ellis
news

😳Kazakhstan🇰🇿: criminal cases launched against influencers promoting online casinos Members Public

😳Kazakhstan🇰🇿: criminal cases launched against influencers promoting online casinos Authorities state that fines alone are insufficient to deter repeat offenders who break the rules. Therefore, the regulator is considering classifying such actions as facilitation of illegal gambling. This interpretation would allow the application of laws similar to those prosecuting pyramid

Morgan Ellis
news

🏴‍☠️Germany🇩🇪: PayPal🇺🇸 users shocked as banks halt customer transactions Members Public

🏴‍☠️Germany🇩🇪: PayPal🇺🇸 users shocked as banks halt customer transactions Early last week, the banking sector suspended payments worth EUR 10 billion due to concerns that PayPal’s security system had allegedly stopped verifying them for potential fraud. The issue has since been resolved, but mistrust remains. ➡️ A surge in suspicious

Morgan Ellis
news