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😱Ukraine🇺🇦: The country will create a registry of bank accounts and other “money hideouts” of citizens Paid Members Public
😱Ukraine🇺🇦: The country will create a registry of bank accounts and other “money hideouts” of citizens This measure is a mandatory step for Ukraine to join the SEPA payments area. The government approved the necessary package of initiatives back in April. ➡️ The registry will include: 👉details of bank accounts, safe
🎉Uruguayan payment platform dLocal🇺🇾obtains licenses in the United Arab Emirates🇦🇪, Turkey🇹🇷, and the Philippines🇵🇭 Paid Members Public
🎉Uruguayan payment platform dLocal🇺🇾obtains licenses in the United Arab Emirates🇦🇪, Turkey🇹🇷, and the Philippines🇵🇭 Go Uruguay, go global! ▶️In the United Arab Emirates, dLocal obtained a license to offer payment services, allowing the company to conduct cross-border transactions directly to and from the country. ▶️In the Philippines, dLocal received
👀Kuwait🇰🇼: The Central Bank strengthens oversight of electronic payment providers Paid Members Public
👀Kuwait🇰🇼: The Central Bank strengthens oversight of electronic payment providers Kuwait’s Central Bank has introduced a series of measures aimed at safeguarding the integrity of the country’s digital financial infrastructure and bolstering trust in electronic payment systems amid rapid sector growth. What exactly is established❓ ➡️ Providers are required
🆘Russia🇷🇺: Putin signed a law imposing up to 6 years in prison for “drops” Paid Members Public
🆘Russia🇷🇺: Putin signed a law imposing up to 6 years in prison for “drops” The relevant amendments have been incorporated into Article 187 of the Russian Criminal Code (illegal circulation of payment instruments). ▶️ Among other provisions: anyone who is not a party to a cardholder agreement and acquires or transfers
💵Coinbase🇺🇸exchange launches a stablecoin platform for e-commerce Paid Members Public
💵Coinbase🇺🇸exchange launches a stablecoin platform for e-commerce Coinbase continues its expansion: following its partnership with Shopify, the company has begun a large-scale rollout of its own stablecoin platform for merchants, allowing them to accept payments in USDC, the stablecoin issued by Circle. ➡️The platform, called Coinbase Payments, runs on
💯 Google agrees to host regulated Brazilian🇧🇷betting apps Paid Members Public
💯 Google agrees to host regulated Brazilian🇧🇷betting apps Google Play will offer applications for betting, gambling, and fantasy games. However, operators must have a valid license in Brazil to advertise via Google Ads. ➡️ Background: Betting operators had previously appealed to the Secretariat of Prizes and Betting within Brazil’s Ministry
🤔Thailand: Regulator Approves 5-Year Tax Exemption on Crypto Capital Gains for Merchants Paid Members Public
🤔Thailand: Regulator Approves 5-Year Tax Exemption on Crypto Capital Gains for Merchants Thailand is making progress toward its goal of becoming a regional hub for digital assets. ➡️Previously: Capital gains from the sale of crypto assets were subject to a 15% personal income tax. ➡️Now: Following a decision by the
🎉Crypto exchanges Binance and OKX lead in “Proof of Reserves” (PoR) practices Paid Members Public
🎉Crypto exchanges Binance and OKX lead in “Proof of Reserves” (PoR) practices ➡️Analysts at CryptoQuant compared the reserve ratios of five major crypto exchanges and found that Binance ranks first in terms of transparency, consistently maintaining a coverage level well above 100% and publishing its PoR reports on a monthly