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🎉 Belgium 🇧🇪: Revolut Becomes a Direct Competitor to Local Banks Paid Members Public
🎉 Belgium 🇧🇪: Revolut Becomes a Direct Competitor to Local Banks Starting May 1, new Belgian users will be able to open accounts directly with Revolut Bank, while existing users will be able to quickly transfer their data from local banks. ➡️ Belgians who choose the services of the British-Lithuanian neobank will be
😎 Meanwhile in Colombia 🇨🇴: Payment Market Trends in 2025 Paid Members Public
😎 Meanwhile in Colombia 🇨🇴: Payment Market Trends in 2025 In Latin America, payment methods are rapidly evolving thanks to digitalization and technological innovation. Colombiais no exception, although it presents some particularities. 💲 For example: while consumers across the region are increasingly adopting digital wallets, instant transfers, and virtual cards, in Colombia, 70%
💰 Ukraine 🇺🇦: The CNMV has Published a New Tax Matrix for Cryptocurrencies Paid Members Public
💰 Ukraine 🇺🇦: The CNMV has Published a New Tax Matrix for Cryptocurrencies The National Securities and Stock Market Commission has completed the tax project for virtual asset transactions. ▶️ These transactions will be subject to standard and preferential tax rates. Specifically, the standard rate will be 18% on the income of individuals,
🇬🇧 United Kingdom: Payment Systems Regulator Eliminated to Simplify Procedures Paid Members Public
🇬🇧 United Kingdom: Payment Systems Regulator Eliminated to Simplify Procedures The UK government has announced the dissolution of the Payment Systems Regulator (PSR), as part of a strategy to reduce bureaucracy and improve efficiency. ➡️ The PSR’s responsibilities will be transferred to the Financial Conduct Authority (FCA), streamlining the process for
🇺🇦 Ukraine: Revolut suspends new user registrations over regulatory dispute Paid Members Public
🇺🇦 Ukraine: Revolut suspends new user registrations over regulatory dispute British-Lithuanian fintech Revolut has temporarily halted the registration of new customers in Ukraine, due to an ongoing dispute regarding its legal and regulatory status in the country. ➡️ Dispute with the National Bank of Ukraine (NBU): The regulator insists that Revolut requires
🇪🇺 Europe: Kraken and Mastercard launch retail crypto payments Paid Members Public
🇪🇺 Europe: Kraken and Mastercard launch retail crypto payments Over 150 million merchants worldwide will now be able to accept bitcoin as a retail payment method for European and UK-based Kraken users. 🔣 Background: In 2023, Mastercard partnered with the exchange Mercado Bitcoin to introduce its Crypto Credentialsystem, which allows P2P transactions
🇧🇷 Brazil: Central Bank seeks greater authority to act against illegal betting operators Paid Members Public
🇧🇷 Brazil: Central Bank seeks greater authority to act against illegal betting operators Currently, monitoring and enforcement in Brazil’s betting sector are managed exclusively by the Secretariat of Prizes and Betting (SPA). Last week, the Central Bank president stated that this division of responsibilities is too limited and that his
🐘 India 🇮🇳: Revolut receives approval from the Central Bank (RBI) to launch payment interfaces and digital wallets Paid Members Public
🐘 India 🇮🇳: Revolut receives approval from the Central Bank (RBI) to launch payment interfaces and digital wallets A year ago, the British-Lithuanian fintech giant obtained preliminary approval, which has now been confirmed as final. ➡️ Previously: The PPI (Prepaid Payment Instrument) license allowed it to operate as a Category II authorized forex