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📉 Europe: The Central Bank will form a task force to simplify banking rules Paid Members Public
📉 Europe: The Central Bank will form a task force to simplify banking rules Although this topic hasn't been widely discussed, it is expected that the group will consist of the Presidents of the Central Banks of Germany🇩🇪, France🇫🇷, Italy🇮🇹, and Finland🇫🇮, who will be responsible for the initiative.
🎉 Argentina: Central Bank reports strong growth in electronic payments Paid Members Public
🎉 Argentina: Central Bank reports strong growth in electronic payments This is according to the latest BCRA report on retail payments for March 2025. ▶️ QR codes have become a key tool for interoperability in the payment system. ▶️ In March, 74.6 million interoperable transfer payments were recorded — a 75.2% increase
🕊 PayPal and Coinbase 🇺🇸 expand partnership to work with stablecoins Paid Members Public
🕊 PayPal and Coinbase 🇺🇸 expand partnership to work with stablecoins The Coinbase platform will now support fee-free purchases and 1:1 conversions of PayPal USD. The integration includes plans for future expansion with additional features. 🟣 Coinbase and PayPal have been partners since 2021 and are now exploring new use cases for
😔 Crypto withdrawals: cross-border payment agents under scrutiny Paid Members Public
😔 Crypto withdrawals: cross-border payment agents under scrutiny Colleagues from the “Fintexno” channel point out that the current “quasi-ruble” market lacks universal arbitration mechanisms. Even when payments go through banks, legal and reputational responsibility falls on the agent. ▶️ A growing issue: Russian importers often file complaints over minor delays or try
👀 United Kingdom 🇬🇧: Treasury Committee may mandate shops to accept cash in the future Paid Members Public
👀 United Kingdom 🇬🇧: Treasury Committee may mandate shops to accept cash in the future The aim is to protect vulnerable groups for whom cash remains the only viable payment method. ▶️ Context: Vulnerable groups include people with learning disabilities, victims of domestic abuse, and the elderly. But even beyond these segments, cash
💪 Europe: Open banking opens a promising future for A2A payments... and more Paid Members Public
💪 Europe: Open banking opens a promising future for A2A payments... and more Global API requests are projected to increase by 470% by 2027, reaching 580 billion, with Europe expected to lead this transformation. 💲 In 2020, about 12.2 million Europeans were using open banking services — roughly half of all global
💸 Mastercard launches a global stablecoin payments system Paid Members Public
💸 Mastercard launches a global stablecoin payments system Chinese digital asset trading platform OKX 🇨🇳 has launched a crypto Mastercard. This is part of a global partnership with players like MetaMask, Kraken, Gemini, Bybit, Crypto.com, Binance, and Canadian payment provider Nuvei 🇨🇦. 💎 The goal is for consumers to pay with stablecoins and
💀 Russia 🇷🇺: Criminal liability for “droppers” who lend their bank cards Paid Members Public
💀 Russia 🇷🇺: Criminal liability for “droppers” who lend their bank cards The government has proposed amendments to Article 187 of the Criminal Code, which regulates the "illegal circulation of payment means." ➡️ Transactions without legal justification, such as transfers or money reception without a clear legal basis, would be considered