Authorities in Egypt are moving forward with plans to implement a nationwide shutdown targeting online betting applications, as part of new legislation expected to permanently disable illegal gambling services while introducing stricter sanctions for companies that advertise or promote betting activities within the country. The proposed regulatory changes represent a major expansion of enforcement efforts aimed at curbing unauthorized digital gambling operations. Reports indi

Brazil’s president has indicated that the government is preparing to introduce what he described as “very serious” measures aimed at slowing the rapid expansion of online betting platforms across the country. The announcement reflects increasing concern among policymakers regarding the broader social and economic consequences linked to the surge in mobile gambling. The issue has gained political and public attention as online betting services continue to experience widespread

The volume of non-performing loans (NPLs) within the Cypriot banking system continued to improve, according to the latest report issued by the Central Bank of Cyprus (CBC), based on data as of November 30, 2025. The figures published by the CBC provide an overview of aggregate NPL indicators across the country’s entire banking sector. By the end of November 2025, the NPL ratio—excluding exposures to central banks and other credit institutions—fell to 4.0 per cent. This repres

United States federal prosecutors have secured a twenty-year prison sentence against Daren Li after his conviction for laundering more than 73 million dollars connected to a vast international cryptocurrency investment fraud operation. Li, a dual national of China and St. Kitts and Nevis, received the maximum penalty allowed by law after admitting to organizing a sophisticated financial structure designed to process criminal proceeds. Despite the sentencing, Li is currently a