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🚀 USA 🇺🇸: Elon Musk begins testing payment app X Money Paid Members Public
🚀 USA 🇺🇸: Elon Musk begins testing payment app X Money Elon Musk has begun testing his new payment app, X Money, which is expected to be operational by the end of the year. ▶️ Announced functionality — The app will allow P2P payments via debit card, as well as instant transfer of funds
🥰 Thailand 🇹🇭: Tourists will be able to pay with cryptocurrencies as part of the financial system modernization Paid Members Public
🥰 Thailand 🇹🇭: Tourists will be able to pay with cryptocurrencies as part of the financial system modernization The Thai Ministry of Finance and the Bank of Thailand are evaluating an initiative to enable foreign visitors to link their crypto funds to credit cards, making it easier to use digital assets during
😱 Brazil🇧🇷: Tax hike on betting proposed to offset IOF increase Paid Members Public
😱 Brazil🇧🇷: Tax hike on betting proposed to offset IOF increase The president of the National Bank for Economic and Social Development (BNDES), Aloizio Mercadante, has proposed increasing taxes on betting as a way to offset the negative effects of the rise in the Tax on Financial Operations (IOF). Economic context:
⛔️ China🇨🇳 bans individuals from owning cryptocurrencies Paid Members Public
⛔️ China🇨🇳 bans individuals from owning cryptocurrencies In 2017, ICOs and cryptocurrency trading were banned; in 2021, mining was prohibited; and now, the possession of cryptocurrencies by individuals has been banned, as detailed in this report. ▶️ What happened❓ — Prior to this measure, there was a massive sale of crypto assets confiscated
🎉 Singapore-based platform Crypto.com🇸🇬 obtains MiFID license and prepares to expand in Europe Paid Members Public
🎉 Singapore-based platform Crypto.com🇸🇬 obtains MiFID license and prepares to expand in Europe MiFID — the Markets in Financial Instruments Directive — is a regulatory framework that authorizes not only securities trading, but also services related to derivatives, contracts for difference (CFDs), and other financial instruments. ▶️ Background: In January of this year,
🎉 Europe: Tap to Pay feature coming to iPhone in eight countries Paid Members Public
🎉 Europe: Tap to Pay feature coming to iPhone in eight countries Apple has announced the rollout of Tap to Pay on iPhone in Belgium🇧🇪, Greece🇬🇷, Denmark🇩🇰, Iceland🇮🇸, Cyprus🇨🇾, Luxembourg🇱🇺, Malta🇲🇹, and Croatia🇭🇷. ➡️ Tap to Pay on iPhone allows merchants, regardless of business size, to accept contactless payments via credit and
📢 Serbia🇷🇸 joins the SEPA system Paid Members Public
📢 Serbia🇷🇸 joins the SEPA system Serbia’s accession to the SEPA system is now official. This move is part of the “Growth Plan for the Western Balkans,” an EU initiative aimed at promoting the economic and social integration of countries in the region into European structures. ➡️ From now on, payment
💪 Argentina🇦🇷: the mega fintech MercadoPago applies for a banking license Paid Members Public
💪 Argentina🇦🇷: the mega fintech MercadoPago applies for a banking license The platform announced its intention to “expand the range of services within its 100% digital model” and position itself as “the largest digital bank in the country.” ▶️ What’s driving this move❓ — MercadoPago aims to enter the microcredit market, a