Newsazenplay.comPPRO partnered with Damisa to use regulated stablecoins for treasury and cross-border settlement, initially in Latin America. The arrangement uses on- and off-ramp infrastructure to move funds across borders and settle in PPRO’s chosen currency.
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A South African betting executive said crypto can facilitate access to offshore gambling but could also support stronger payment controls. Proposed measures include screening customers against social-grant and student-funding records, self-exclusion databases and recipient checks by regulated…
South African authorities are developing a regulatory approach for cross-border payment facilitators that aggregate domestic payments for overseas businesses. The proposed framework would introduce requirements for cross-border settlement and reporting as digital-wallet transaction volumes continue…
South African authorities are preparing broader oversight of cross-border payment facilitators that process transactions for overseas businesses. Although the proposed framework is not gambling-specific, it could affect payment infrastructure used by offshore betting platforms serving South African…