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⛔️ 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
☠️ As part of sanctions against Russia🇷🇺, the EU has proposed disconnecting 20 more banks from the SWIFT system Paid Members Public
☠️ As part of sanctions against Russia🇷🇺, the EU has proposed disconnecting 20 more banks from the SWIFT system The 17th sanctions package includes the proposal to disconnect 20 more banks from the SWIFT system. It also covers expanded restrictions against the Russian Direct Investment Fund (RDIF), measures targeting the Nord
💯 Kazakhstan🇰🇿: The crypto sector will be regulated directly by the National Bank Paid Members Public
💯 Kazakhstan🇰🇿: The crypto sector will be regulated directly by the National Bank The corresponding legislative amendments are already prepared. ▶️ The changes are structured into two main blocks: 1️⃣ The first focuses on the issuance of digital assets with a defined legal status. 2️⃣ The second establishes the regulation of unbacked
🚫 USA🇺🇸: The American Bankers Association (ABA) opposes mandatory disclosure of cyberattacks Paid Members Public
🚫 USA🇺🇸: The American Bankers Association (ABA) opposes mandatory disclosure of cyberattacks The American Bankers Association (ABA), along with other financial industry groups, has asked the Securities and Exchange Commission (SEC) to revoke the rule requiring the disclosure of cyber incidents. They argue that this obligation increases the risk for affected