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🇬🇧 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
🔝Banco Santander🇪🇸 secures license in Canada🇨🇦, but its real target is the U.S.🇺🇸 Paid Members Public
🔝Banco Santander🇪🇸 secures license in Canada🇨🇦, but its real target is the U.S.🇺🇸 The license grants Schedule II status, allowing the bank to accept deposits, offer credit, manage assets, and issue credit cards. Currently, 15 banks hold this status in Canada. ➡️ Santander has been present in Canada for over
🎉 Brazil 🇧🇷: new #Pix features to launch starting September Paid Members Public
🎉 Brazil 🇧🇷: new #Pix features to launch starting September Starting in September, the Pix payment system will roll out new features, including installment payments, a self-service refund mechanism, and a credit operation guarantee (the latter to begin in 2026). ▶️ Pix in installments will allow users to access credit to make payments
☠️ Beware of phishing❗️ In March, Coinbase users 🇺🇸 lost 46 million USD Paid Members Public
☠️ Beware of phishing❗️ In March, Coinbase users 🇺🇸 lost 46 million USD Just under two months after the Bybit scandal, another phishing alert is triggered. The information about the fraud was shared by crypto detective ZachXBT. ➡️ The criminals deceived victims into sending funds to fraudulent wallets with addresses that closely resembled