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🐷🐷🐷 For the first time in Argentina🇦🇷: the courts blocked a crypto platform for refusing to provide information in a fraud case Paid Members Public
🐷🐷🐷 For the first time in Argentina🇦🇷: the courts blocked a crypto platform for refusing to provide information in a fraud case The case involves the Chinese platform HTX🇨🇳, and stems from a user complaint filed after losing 13 USD in 2022. ➡️ The user was the victim of a fraud scheme
⚡️On Russia Day🇷🇺 — about red flags: what you need to remember when cashing out crypto in Russia Paid Members Public
⚡️On Russia Day🇷🇺 — about red flags: what you need to remember when cashing out crypto in Russia Stricter regulatory oversight may push crypto cash-outs via bank accounts into a legal “gray zone”. ➡️ High-risk transactions: cryptocurrency operations are automatically flagged as suspicious due to the anonymity of blockchain, which makes it
🐘India🇮🇳: The fintech Wise🇬🇧 receives Central Bank approval as a cross-border payment aggregator to operate in the export sector Paid Members Public
🐘India🇮🇳: The fintech Wise🇬🇧 receives Central Bank approval as a cross-border payment aggregator to operate in the export sector Currently, the company manages around 10% of cross-border transfers. ➡️With the authorization to offer international accounts, freelancers and export businesses in India will be able to receive payments from abroad in
🎉 Europe: Mastercard and Deutsche Bank🇩🇪 launch open banking Paid Members Public
🎉 Europe: Mastercard and Deutsche Bank🇩🇪 launch open banking The drive for account-to-account (A2A) payments has been actively championed by Wero, the digital wallet backed by Deutsche Bank. Developed under the European Payments Initiative (EPI), it aims to serve as a European alternative to Mastercard and Visa. ➡️ #Geopolitics in play❗️The
☠️Russia 🇷🇺: The Central Bank recommends banks to maintain vigilance Paid Members Public
☠️Russia 🇷🇺: The Central Bank recommends banks to maintain vigilance The regulator’s methodological recommendations outline key guidelines for the financial sector. For further details, see this summary. 💘 The Central Bank warned that illegal activities — including online casinos, cryptocurrency exchanges, pyramid schemes, and drug trafficking — are using corporate cards registered under
🐘 India🇮🇳: key statistics on UPI’s growth, surpassing all competitors Paid Members Public
🐘 India🇮🇳: key statistics on UPI’s growth, surpassing all competitors In just nine years since its launch, the Unified Payments Interface (UPI) surpassed Visa and became the largest real-time payment system in the world, both in number of transactions and total volume. ➡️ Currently, India accounts for almost half of all
⛔️ Rosfinmonitoring confirms banks’ right to impose limits on incoming transfers Paid Members Public
⛔️ Rosfinmonitoring confirms banks’ right to impose limits on incoming transfers These restrictions are not explicitly covered by anti-money laundering legislation, so the Central Bank currently only recommends financial institutions apply this measure. ➡️ The recommendations cover both incoming transfers and account deposits. ➡️ The Central Bank has indicated that financial institutions must
⚡️Lithuania🇱🇹 grants first crypto license to Robinhood Europe Paid Members Public
⚡️Lithuania🇱🇹 grants first crypto license to Robinhood Europe The European branch of U.S. fintech Robinhood has received authorization to offer custody, management, and transaction services with crypto assets in Lithuania, allowing it to also operate across the European Union. 💘 Lithuania is emerging as a key jurisdiction for fintech companies