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Top News In மின்னணு பணம் நிறுவனங்கள் Today - Breaking & Trending Today

Turkey Bans Crypto From Being Used in Payments & Transfers

Turkey Bans Crypto From Being Used in Payments & Transfers
April 16, 2021 @ 1:51 pm By JD Alois
Earlier today, the official newspaper of Turkey published new regulations issued by the Central Bank of Turkey. According to the new rules, crypto-assets may no longer be used as a form of payments or transfers as of April 30, 2021.
Papara – a payments Fintech, the ban on using cryptocurrency was unexpected.
“It is much easier to choose to ban than to make an effort to deal with this financial technology,” he said.
Crypto trading in Turkey has boomed, meanwhile, the Turkish Lira has recently been on the decline. ....

Republic Of Turkey , Naci Agbal , Ahmed Faruk Karsli , Payment Services , Central Bank , Turkish Lira , President Recep Erdogan , These Regulations , Law Article , Securities Settlement Systems , Electronic Money Institutions , குடியரசு ஆஃப் வான்கோழி , கட்டணம் சேவைகள் , மைய வங்கி , துருக்கிய லிரா , இவை ஒழுங்குமுறைகள் , சட்டம் கட்டுரை , பத்திரங்கள் தீர்வு அமைப்புகள் , மின்னணு பணம் நிறுவனங்கள் ,

Bitcoin Tumbles As Turkey Bans Cryptocurrency Payments

by Tyler Durden
Friday, Apr 16, 2021 - 07:46 AM
With crypto prices trading at record highs, torrid retail interest in the sector caused Robinhood s crypto-trading platform to crash (though, as Zero Hedge readers probably understand, that s par for the course for Robinhood), the rally came to a screeching halt early Friday as dictatorial banana republic Turkey - of all places - decided to crack down on the use of virtual currencies in desperate hopes of preserving confidence in the Turkish lira, the world s worst performing banana republic currency.
Bitcoin dropped as much as 4.6% on Friday as Turkey banned its use for payment, restrictions that will take effect on April 30. ....

Republic Of Turkey , Payment Services , Central Bank , Zero Hedge , Securities Settlement Systems , Electronic Money Institutions , Crypto Assets , Finance Ministry , குடியரசு ஆஃப் வான்கோழி , கட்டணம் சேவைகள் , மைய வங்கி , பூஜ்யம் ஹெட்ஜ் , பத்திரங்கள் தீர்வு அமைப்புகள் , மின்னணு பணம் நிறுவனங்கள் , கிரிப்டோ சொத்துக்கள் , நிதி அமைச்சகம் ,

Turkish central bank bans the use of cryptoassets for payments

Turkish central bank bans the use of cryptoassets for payments
finextra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finextra.com Daily Mail and Mail on Sunday newspapers.

Republic Of Turkey , Payment Services , Central Bank , Securities Settlement Systems , Electronic Money Institutions , Crypto Assets , குடியரசு ஆஃப் வான்கோழி , கட்டணம் சேவைகள் , மைய வங்கி , பத்திரங்கள் தீர்வு அமைப்புகள் , மின்னணு பணம் நிறுவனங்கள் , கிரிப்டோ சொத்துக்கள் ,

Unlocking Pakistan's destiny — one SMB at a time

Unlocking Pakistan’s destiny one SMB at a time
Habibullah Khan
As a nation, Pakistan reigns as master of its potential yet buckles in the face of prevailing challenges. The country is confronted by uncertain geo-political realities. It shares borders with nations that are home to the second- and third-largest defence budgets globally, while the world’s lone superpower and biggest military spender retains key interests in the region.
Closer to home, trade imbalances and debt intricacies continue to be a factor in macro-economic conversations. Elsewhere, UN projections regarding Pakistan’s ongoing population explosion makes for grim reading. The world body predicts: by 2025, the country will be home to some 242 million people; by 2030, half of the population will live in cities, representing the largest urbanisation in South Asia that remains mostly unplanned. The UN also warns that by 2050, Pakistan’s population will surpass the 400-million ma ....

Abdul Rahim Ahmad , Sohail Javaad , Us Small Business Association , Payment Systems Department , Office Of Advocacy , Exchange Commission Of Pakistan , World Bank , Gulf Cooperation Council , South Asia , Gross Domestic Product , Medium Business , Business Association , State Bank , Director Sohail Javaad , Merchant Discount Rate , Electronic Money Institutions , Quick Response Code , Exchange Commission , Information Officer , Doing Business , எங்களுக்கு சிறிய வணிக சங்கம் , கட்டணம் அமைப்புகள் துறை , பரிமாற்றம் தரகு ஆஃப் பாக்கிஸ்தான் , உலகம் வங்கி , வளைகுடா ஒத்துழைப்பு சபை , தெற்கு ஆசியா ,

UK Local Authorities Could Seek Damages Over Alleged Pre-paid Cards Cartel As Payment Services Regulator Issues A Statement Of Objections Fining Parties £32 Million | Rosenblatt

Introduction
The Payment Services Regulator (PSR) issued its first decision enforcing competition law in the payments sector on 31st March 2021. The PSR is a concurrent competition regulator for the payments sector along with the Competition & Markets Authority (CMA). This is the first time the PSR it has used its competition powers since it became a concurrent competition regulator in 2015.
The PSR provisionally decided that five parties were guilty of taking part in a cartel in relation to pre-paid cards used by local authorities to distribute welfare payments to vulnerable members of society, such as the homeless, victims of domestic violence and asylum seekers contrary to Chapter I of Competition Act 1998. The PSR alleged that Mastercard, allpay, APS, PFS and Sulion all engaged in anti-competitive behaviour by agreeing not to compete or poach each other’s clients. ....

United Kingdom , National Prepaid Cards Network , Cartel Behaviour , Competition Markets Authority , Network Pms , Prepaid Financial Services , Mastercard Programme Managers Pms , Payment Services Regulator , Markets Authority , Competition Act , Electronic Money Institutions , Mastercard Programme Managers , ஒன்றுபட்டது கிஂக்டம் , தேசிய ப்ரீபேட் அட்டைகள் வலைப்பின்னல் , கார்டெல் நடத்தை , போட்டி சந்தைகள் அதிகாரம் , வலைப்பின்னல் ப்ம்ஸ் , ப்ரீபேட் நிதி சேவைகள் , மாஸ்டர்கார்டு ப்ரோக்ராம் மேலாளர்கள் ப்ம்ஸ் , கட்டணம் சேவைகள் சீராக்கி , சந்தைகள் அதிகாரம் , போட்டி நாடகம் , மின்னணு பணம் நிறுவனங்கள் , மாஸ்டர்கார்டு ப்ரோக்ராம் மேலாளர்கள் ,