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DIFC Keeps Up With Digital Asset Development, Enacting New Law and Amending Other Legislation

The Fintech Times

Consequently, Dubai International Financial Centre (DIFC), the global financial centre in the Middle East, Africa and South Asia (MEASA) region, has enacted a Digital Assets Law as well as amended existing legislation. Law of Security – DIFC Law No. 3 of 2024, to cater to specific issues arising in relation to this asset class.

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Chargeback Rules: What Laws & Regulations Govern the Dispute Process?

Fi911

Well, from a legal standpoint, there’s actually quite a lot. What Laws Govern Chargebacks in the US? What Laws Govern Chargebacks in the US? Certain regulations known as “chargeback rules” are, in fact, based on legal statutes. While they are not legal mandates, they are enforced with the same rigor.

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Portugal Recognizes Akurateco for Its High Growth Potential

Fintech Finance

The recognition comes after the company successfully met all criteria outlined in Law No. 21/2023, dated May 25th, which sets the legal framework for startups and scaleups in Portugal. This certification confirms that Akurateco meets all legal and regulatory requirements for scaleup status in Portugal.

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SEC Proposal Would Allow Token Sales Under Current Securities Laws

PYMNTS

Securities and Exchange Commission (SEC), said that tech startups may be able to raise money using digital tokens under current law, but that there would be stipulations, according to a report by Reuters. The proposal is meant to create a legal framework for that process, and to allow the tokens to be sold under current securities laws.

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Singapore’s Risk Assessment Highlights New Terrorism Financing Concerns

Fintech News

Security, intelligence, law enforcement, supervisory, and regulatory agencies work together to detect and respond to both existing and emerging threats. This strategy involves coordinated risk identification, robust legal frameworks, strict regulatory regimes, decisive enforcement actions, and international cooperation.

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Twitter, Other Tech Companies Caution Europe Over Internet Rules

PYMNTS

The legal framework for digital services has been largely unchanged in the region for about 20 years. That’s even as “repressive regimes around the world use draconian legal frameworks to stifle online freedoms.”. Several companies, including Twitter , are urging European Union regulators to “defend the Open Internet.”

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Mexico in Focus: Open Banking and Financial Inclusion

Open Banking Excellence

Half a decade ago, Mexico demonstrated its ongoing commitment to updating its financial regulation with the introduction of the Fintech Law. Such regulatory framework serves as a solid foundation for the progression of Open Banking, guaranteeing a safer and standardised environment.