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😳Peru🇵🇪: Gambling industry pressures regulator, demands multimillion-dollar tax refunds Paid Members Public
😳Peru🇵🇪: Gambling industry pressures regulator, demands multimillion-dollar tax refunds One year ago, the government enacted Legislative Decree No. 1,644, extending the selective consumption tax (ISC) to online casino and sports betting operators. While the measure was initially welcomed, the regulator has now decided to review and amend the regulation.
💀Fear and Loathing in the Asia-Pacific Region: Tether froze USD 49.6 million in funds linked to pig butchering scams Paid Members Public
💀Fear and Loathing in the Asia-Pacific Region: Tether froze USD 49.6 million in funds linked to pig butchering scams Demonstrating that stablecoin oversight can effectively disrupt illicit cross-border money flows, the crackdown brought together Chainalysis, Binance, OKX, and regional law enforcement agencies. ▶️Context: these freezing measures are part of
⚡️and once again, Peru🇵🇪: Western Union to enable money transfers via WhatsApp Paid Members Public
⚡️and once again, Peru🇵🇪: Western Union to enable money transfers via WhatsApp To send money, customers simply need to message WhatsApp number +511 5100145, select the type of transaction they wish to carry out, and complete a short form with the required details. ▶️Context: In Latin America —and especially in
👀What is this⁉️Google introduced its own blockchain GCUL Paid Members Public
👀What is this⁉️Google introduced its own blockchain GCUL Google Cloud Universal Ledger (GCUL) is positioned as a first-layer (L1) blockchain infrastructure for building innovative payment services and products for financial markets. ▶️The solution allows the use of smart contracts based on Python and is designed for commercial banks and
🎉Mexico🇲🇽: Belarusian company Open FX🥔launches its cross-border payment platform in the country Paid Members Public
🎉Mexico🇲🇽: Belarusian company Open FX🥔launches its cross-border payment platform in the country The company will offer Mexicans more efficient access to global foreign exchange (FX) markets, while providing foreign companies with the ability to convert other currencies into Mexican pesos almost in real time. ➡️OpenFX aims to reduce conversion
📣Vietnam🇻🇳: by the end of the year Russian citizens will be able to pay for goods and services via QR code Paid Members Public
📣Vietnam🇻🇳: by the end of the year Russian citizens will be able to pay for goods and services via QR code With the support of the Russian-Vietnamese bank VRB, VTB customers will be able to make payments through their usual mobileapplication. ▶️VTB’s main international branches are located in India�
🎉Superapp Rappi🇨🇴and e-wallet AstroPay🇬🇧launch a new payment service in Latin America Paid Members Public
🎉Superapp Rappi🇨🇴and e-wallet AstroPay🇬🇧launch a new payment service in Latin America Users in Argentina🇦🇷, Brazil🇧🇷, and Peru🇵🇪 can now make payments on Rappi using balances in USD, euros, or local currency, with real-time conversion and no need for bank cards. The initiative is expected to reach around 35
👀USA🇺🇸: CFPB considers reducing oversight of international money transfers Paid Members Public
👀USA🇺🇸: CFPB considers reducing oversight of international money transfers Strict regulation entails high costs that may outweigh the benefits. It seems that some regulators are beginning to acknowledge this issue. ▶️Context note: the CFPB (Consumer Financial Protection Bureau) is an independent U.S. government agency responsible for consumer protection in