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Business · PhilippinesTHE Bangko Sentral ng Pilipinas (BSP) is seeking to tighten regulations on online gambling payments to prevent the misuse of financial services and implement closer monitoring over the sector. The central bank posted a draft circular on its website which aims to establish regulations on online gambling payment services. The proposed rules aim to “promote responsible use of digital financial services, strengthen financial consumer protection, uph…See the Story
Stricter Gambling Payment Rules Eyed - BusinessWorld Online
Coverage: 5 sources
BitcoinBitcoin surged to an intraday high of $111,925 on Wednesday — just shy of its all-time high of $119,970 — amid a broader rally in risk assets on Wall Street. Over the last 24 hours, data from CoinGlass shows that crypto shorts liquidated crossed $470 million, as traders betting against bitcoin were forced to close their positions. Crypto exchanges Binance and Bybit accounted for the highest volume of those liquidations, but the single largest li…See the Story
Pump.fun Draws Backlash After Confirming PUMP ICO
100% Center coverage: 1 sources
SEC · United StatesThe Securities Industry and Financial Markets Association (SIFMA) has asked the SEC to reject requests from crypto companies to offer tokenized equities through specific exemptive relief. The trade association warns that such moves could undermine transparency and regulatory safeguards. According to reports, crypto companies want to offer tokenized stocks and have asked the SEC for no-action or exemptive relief to do so. No-action relief means t…See the Story
SIFMA Has Asked the SEC to Reject Requests From Crypto Companies to Offer Tokenized Equities
100% Center coverage: 1 sources
