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⚡️South Korea 🇰🇷 to share cryptocurrency transaction data worldwide Paid Members Public
⚡️South Korea 🇰🇷 to share cryptocurrency transaction data worldwide South Korea has officially joined the reporting system of the Organisation for Economic Co-operation and Development (OECD) in the field of cryptocurrencies. The country’s Ministry of Economy and Finance has already signed the corresponding agreement. ▶️Context: in November 2023, South Korea
🙈Brazil🇧🇷: regulatory loophole allows illegal betting sites to withdraw funds even after blocks Paid Members Public
🙈Brazil🇧🇷: regulatory loophole allows illegal betting sites to withdraw funds even after blocks These platforms use payment institutions (IPs), which do not require authorization from the Central Bank to move funds. ▶️What’s the key issue? 👉Under current regulations, a payment institution requires official authorization from the Central Bank only
⚡️Payment alliance EuroPA signs partnership with the European Payments Initiative (EPI) Paid Members Public
⚡️Payment alliance EuroPA signs partnership with the European Payments Initiative (EPI) The platforms included in the alliance — Bancomat, Bizum, MB WAY (SIBS) and Vipps MobilePay — will integrate their solutions into a central technical hub built on European infrastructure. This integration will enable users to make instant cross-border payments on a
😳Kazakhstan🇰🇿: criminal cases launched against influencers promoting online casinos Paid Members Public
😳Kazakhstan🇰🇿: criminal cases launched against influencers promoting online casinos Authorities state that fines alone are insufficient to deter repeat offenders who break the rules. Therefore, the regulator is considering classifying such actions as facilitation of illegal gambling. This interpretation would allow the application of laws similar to those prosecuting pyramid
🏴☠️Germany🇩🇪: PayPal🇺🇸 users shocked as banks halt customer transactions Paid Members Public
🏴☠️Germany🇩🇪: PayPal🇺🇸 users shocked as banks halt customer transactions Early last week, the banking sector suspended payments worth EUR 10 billion due to concerns that PayPal’s security system had allegedly stopped verifying them for potential fraud. The issue has since been resolved, but mistrust remains. ➡️ A surge in suspicious
😳Peru🇵🇪: Gambling industry pressures regulator, demands multimillion-dollar tax refunds Paid Members Public
😳Peru🇵🇪: Gambling industry pressures regulator, demands multimillion-dollar tax refunds One year ago, the government enacted Legislative Decree No. 1,644, extending the selective consumption tax (ISC) to online casino and sports betting operators. While the measure was initially welcomed, the regulator has now decided to review and amend the regulation.
💀Fear and Loathing in the Asia-Pacific Region: Tether froze USD 49.6 million in funds linked to pig butchering scams Paid Members Public
💀Fear and Loathing in the Asia-Pacific Region: Tether froze USD 49.6 million in funds linked to pig butchering scams Demonstrating that stablecoin oversight can effectively disrupt illicit cross-border money flows, the crackdown brought together Chainalysis, Binance, OKX, and regional law enforcement agencies. ▶️Context: these freezing measures are part of
⚡️and once again, Peru🇵🇪: Western Union to enable money transfers via WhatsApp Paid Members Public
⚡️and once again, Peru🇵🇪: Western Union to enable money transfers via WhatsApp To send money, customers simply need to message WhatsApp number +511 5100145, select the type of transaction they wish to carry out, and complete a short form with the required details. ▶️Context: In Latin America —and especially in