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☠️Ukraine🇺🇦: The Rada expanded the powers of the National Bank of Ukraine to combat “drops” Paid Members Public
☠️Ukraine🇺🇦: The Rada expanded the powers of the National Bank of Ukraine to combat “drops” The National Police will now have partial access to citizens’ account data. It’s worth noting that there are already restrictions on card-to-card transfers, and now financial institutions are under increased scrutiny. 🔠 The National Bank
💰The rise of cryptocurrencies in Latin America: a response to the economic crisis Paid Members Public
💰The rise of cryptocurrencies in Latin America: a response to the economic crisis For many citizens in Latin America, cryptocurrencies have become an alternative to protect their savings. A study by Fluyez, one of the region’s leading exchanges, revealed that 46% of users use them for savings, 37% for
⚠️EU: Coinbase to delist some stablecoins by year-end Paid Members Public
⚠️EU: Coinbase to delist some stablecoins by year-end Why❓ Because the industry in the region is preparing for stricter regulations. ➡️ The new cryptocurrency regulatory framework, known as the Markets in Crypto Assets Regulation (MiCA), introduced in early 2023, will take full effect in December this year. ➡️ Main requirements for stablecoins:
💪UAE🇦🇪: The regulator exempts cryptocurrency transactions from VAT Paid Members Public
💪UAE🇦🇪: The regulator exempts cryptocurrency transactions from VAT A significant move in the United Arab Emirates: the new regulation retroactively exempts cryptocurrency transactions made since January 1, 2018. ➡️ On October 2, the Federal Tax Authority (FTA) published amendments, placing digital assets under the same regulatory regime as traditional financial services.
🏴☠️MoneyGram confirmed a data breach following a cyberattack Paid Members Public
🏴☠️MoneyGram confirmed a data breach following a cyberattack The attack occurred on September 22, and only now the company issued an official statement about it. ▶️ The cyberattack, whose type remains unknown, caused a week-long outage that took the company's website and app offline. ▶️ MoneyGram has not revealed how
📢 In 2025, SWIFT plans to launch transfers with digital currencies Paid Members Public
📢 In 2025, SWIFT plans to launch transfers with digital currencies SWIFT's initiative involves integrating various types of digital assets across multiple platforms. ▶️ In March, SWIFT representatives announced they are developing a new platform to connect CBDCs. They are now ready to enter the testing phase, which will enable
📱Visa launches a platform where banks can issue tokenized deposits backed by fiat and stablecoins Paid Members Public
📱Visa launches a platform where banks can issue tokenized deposits backed by fiat and stablecoins Visa's international tokenized assets platform (VTAP) is set to launch in 2025. ▶️ VTAP will offer a trusted infrastructure for financial institutions to safely leverage blockchain technology. ▶️ Banks participating in this experiment will have
👀 Brazil 🇧🇷: The Brazilian Football Confederation (CBF) bans advertising of betting houses not approved by the Ministry of Finance Paid Members Public
👀 Brazil 🇧🇷: The Brazilian Football Confederation (CBF) bans advertising of betting houses not approved by the Ministry of Finance The new regulation has come into effect, and as of today, notifications have been sent to club presidents. ➡️ From now on, advertising from unapproved betting companies is prohibited on team uniforms. Clubs