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Canada Proposes Nationwide Ban on Crypto ATMs Amid Rising Fraud and Money Laundering Concerns
Canada is moving toward a sweeping prohibition of cryptocurrency ATMs as part of a wider government effort to combat fraud and money laundering, following increasing evidence that these machines are being exploited by criminal networks and scam operations. The proposal was introduced in the Liberal government’s Spring Economic Update, released on Tuesday, and calls for the complete removal of crypto ATMs across the country. Officials described these machines as a “primary met
May 52 min read


Brazil Moves to Ban Prediction Markets, Blocks Platforms Including Polymarket
Brazil has formally moved to prohibit prediction market operators from conducting business within its borders, marking a significant regulatory shift in one of Latin America’s largest markets. During a press conference held on Friday, Finance Minister Dario Durigan and Miriam Belchior, chief of staff to the presidency, confirmed that such platforms are now considered illegal under national law. The decision follows a resolution adopted by the National Monetary Council (CMN),
Apr 273 min read


Philippine Government Weighs Telegram Ban Over Illegal Gambling and Online Exploitation Concerns
The Philippine government is considering a possible ban on Telegram as authorities intensify efforts to combat illegal online activities, including unauthorized gambling operations and sexual exploitation, that have allegedly proliferated on the messaging platform. According to a report by Manila Bulletin, the Department of Information and Communications Technology (DICT) confirmed that it is evaluating the option of blocking access to Telegram following reports that illicit
Mar 22 min read
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