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Europe Advances Plans For Real-Time Payments Connectivity With Asia

By linking its TARGET Instant Payment Settlement (TIPS) system with India and Southeast Asia, the European Central Bank (ECB) is accelerating real-time payments globally and challenging European payment service providers (PSPs) to prepare for faster flows and competitive pressures.
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Prolonged Limbo On Open Banking Leaves US Financial Sector Navigating Uncertainty

A renewed push from Democratic senators highlights how the stalled Personal Financial Data Rights (PFDR) rule is forcing banks and fintechs to rethink strategy, as shifting political priorities threaten a stable data-access framework for the long term.
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US Open Banking Rule Highlights Industry Divisions Over Data And Fees

By defining who can access consumer data, whether fees are allowed and compliance timelines, the Personal Financial Data Rights final rule (PFDR Rule) underscores continuing legal and market tensions between banks and fintech innovators.
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EBA Slams Fintechs Over Lax Compliance In New AML Risk Assessment

In its latest risk assessment, the European Banking Authority (EBA) has warned that poor practices and a lack of experience at fintechs, including payments and crypto firms, are undermining efforts to tackle financial crime.
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SAFE Bet Act Returns With Fresh Focus On VIP Programs

Reintroduced legislation to impose sweeping federal restrictions on U.S. sports betting has little chance of being approved in Congress but may continue to influence state lawmakers, with loyalty programs now seemingly in the crosshairs of industry critics.
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Gambling

Philippines' Grey List Exit Boosts Online Operator Interest

The Philippines’ primary gambling regulator has attributed a surge in interest in online gambling licensing and foreign-facing B2B service provision to exiting the Financial Action Task Force (FATF) money laundering grey list.
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Gambling

German Regulator Calls For More Action Against Illegal Market

The head of Germany’s Joint Gambling Authority of the Federal States has called for more action against illegal operators and extra powers to tackle illegal gambling.
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Gambling

Daily Dash: Lithuania Flags Deficiencies In MiCA Licence Applications

The Bank of Lithuania has identified significant weaknesses in applications for crypto-asset service provider licences, with most submissions failing to meet key requirements.
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Payments

FCA Seeks Views On Scrapping £100 Contactless Limit

The Financial Conduct Authority (FCA) is exploring whether to remove or increase the UK’s £100 contactless payment limit, as part of its response to the government’s push for economic growth.
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Payments

Malta Warns Payments And Crypto Firms Over Terrorist Financing And Sanctions Compliance

The Malta Financial Services Authority has identified major shortcomings in how crypto-asset service providers, e-money institutions and payment service providers address financial terrorism and targeted financial sanctions risks.
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Payments

Japanese Police Refine Offshore Gambling Figures

Some 2 percent of the Japanese population, or just under 2m people, are currently engaged in online gambling, with a majority of them claiming to have a gambling addiction, a survey commissioned by the National Police Agency has shown.
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Gambling

Underdog To Pay $17.5m Fine And Exit New York

Underdog Fantasy will pay a $17.5m fine to the state of New York and at least temporarily cease offering fantasy games in the state as part of a settlement announced Friday with the New York State Gaming Commission.
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Gambling

Connecticut Regulator Suspends High 5 Games License

Connecticut regulators have suspended the online gaming supplier license of High 5 Games due to its sweepstakes casino offering, and said that the company will face criminal charges.
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Gambling

Alberta Making Progress On Online Gaming Opening

Canadian Gaming Association president Paul Burns said Thursday that Alberta has begun to make progress in its efforts to launch an Ontario-style online gaming market, although a government spokesman says no timeline is in place yet.
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Gambling

News In Brief: March 10-March 14, 2025

An alleged illegal bookmaker taking bets via WhatsApp has been arrested in the UK and Nevada proposes tougher punishments for illegal gambling.
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Gambling

Regulatory Influencer: European Union's Approach to ICT Incident Reporting

In recent weeks, the European Commission has published two significant regulations under the Digital Operational Resilience Act (DORA) which will contribute towards firms’ compliance efforts, standardising reporting of major ICT-related incidents and cyber threats. The first, Commission Delegated Regulation (EU) 2025/301, sets out technical standards for the content and timing of mandatory incident reports and voluntary cyber threat notifications. It sets out classification criteria, reporting deadlines and required details, such as impact assessments, remediation efforts and communication with authorities. Meanwhile, Commission Implementing Regulation (EU) 2025/302 provides standardised templates, forms and procedures for reporting. This regulation mandates uniform reporting formats, secure submission channels and requirements for complete and updated information. Both regulations, published in the Official Journal of the EU, took effect on March 11, 2025, 20 days after entering the statute book.
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Payments

Week In Crypto: US Stablecoin Battle Heats Up As House, Senate Reintroduce Bills

Although US lawmakers appear to be aligned on the need for federal stablecoin legislation, they are no closer to an agreement on which bill should prevail and what provisions it should include.
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Payments

Mastercard Global Outage Fuels Payments Sovereignty Concerns

A global outage at Mastercard has highlighted the risk of over-reliance on international card schemes — something the European Central Bank has warned of in its push for homegrown alternatives.
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Payments

Daily Dash: Spanish Data Regulator Fines Iberia Cards €20,000 For GDPR Breach

Spain’s data protection authority, the Agencia Española de Protección de Datos (AEPD), has fined Iberia Cards €20,000 for violating the General Data Protection Regulation (GDPR).
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Payments

CBDC Anti-Surveillance Act Returns To US Congress

A Republican lawmaker has reintroduced a bill that aims to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) without Congressional authorisation.
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Payments

Canadian Supplier Sues Polish National Lottery Operator

Canadian company Axes Network Solutions has filed a lawsuit against Polish national lottery operator Totalizator Sportowy, seeking close to PLN21.7m (€5.2m) in compensation.
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Gambling

Isle Of Man Raids Two More Asia-Linked Online Gaming Companies

Isle of Man police have arrested two suspects in the island’s latest raid on online gambling companies as part of an ongoing probe into global money laundering.
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Gambling

Connecticut Operators Oppose Bills To Limit Wagers, Ban Bonuses

The co-sponsor of a bill that would impose a maximum bet limit in Connecticut has said that was not its intent and that the measure will seek to make operators explain why and how consumers are being limited.
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Gambling

Top EU Court To Rule On Italian Ad Fines

The Court of Justice of the European Union is to decide on the legitimacy of Italian regulations concerning fines for violating the ban on advertising gambling, just as the government considers softening the country’s total ad ban.
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Gambling
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ÌìÑĺ£½ÇÉçÇø View: The UK’s Crypto Perimeter Clarification – Mapping the Transition to FSMA

In Consultation Paper CP26/13, the Financial Conduct Authority (FCA) adds an extra level of granularity to its plans for the cryptoasset regulatory regime, aiming to avoid edge cases and provide clarity for affected entities.
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Regulatory Influencer: Are the Americas Entering a New Phase of Risk-Based Supervision? Argentina Leads the Way

Between January and March 2026, the Argentine National Securities Commission (CNV) introduced a series of targeted reforms aimed at simplifying reporting obligations, modernising administrative procedures, and reducing regulatory burdens for investment firms.
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Experimental Legal Regime Formalises Russian Crypto Trade Settlements

New legislation may help to take decentralised finance from a workaround for sanctions to a supervised payment rail, moving cross-border payments from a legal grey area, increasing stability and reducing costs.
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Latest Proposed Rules for Bank-Issued Stablecoins in the US Introduce Fresh Challenges

The new framework signals a high-barrier, high-discretion regime that could narrow the market to a handful of systemic players that can respond to shifting regulatory demands, leaving smaller banks on the sidelines.
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Kenya’s Crypto Framework Risks Squeezing Out Local Innovation

The end of a key consultation period means the modernisation of crypto and digital assets regulation continues to advance, but strict rules could inadvertently disadvantage local start-ups and lead to capital flight and consolidation.
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Twin Announcements Signal Major Overhaul of US AML/CTF Regulation

The new proposed rulemakings aim to force a shift from static policy design to real-time operational maintenance, requiring firms to prove that their compliance frameworks actually stop illicit activity rather than just documenting it.
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Regulatory Influencer: New Zealand’s AML Levy - Privatising the Cost of Effective Supervision, A One-Off or More to Come?

The New Zealand Ministry of Justice (MoJ) has released the AML levy proposal outlining its plans to impose a charge on anti-money laundering (AML) reporting entities to fund the establishment and running of a standalone AML regulator for the country. While the AML Amendment Bill and the AML Supervisor and Levy Bill, which form the legal basis for this proposal, have yet to be passed in parliament, the levy’s stated implementation date of July 2027 could mean a costly recurring bill for AML reporting entities from next year.
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UK’s Payments Association Calls For APP Fraud Regulation To Target Digital Platforms

The industry body has called for new regulations that would impose strengthened fraud prevention standards across social media, online marketplace and instant messaging platforms operating in the UK.
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Unpacking the RBA’s Ban on Card Surcharging and New Interchange Caps

Changes to the rules on merchant card fees in Australia aim to introduce greater transparency and spur competition, and will contribute to the shifting landscape as alternative payment methods expand the variety of options.
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Regulatory Influencer: A Playbook Emerges - Convergence and Divergence in State Crypto Kiosk Regulation

In March 2026, Maine became the latest in a growing number of states to adopt legislation regulating virtual currency kiosks (crypto ATMs) in the US. Maine's law builds on emergency legislation adopted by the state in June 2025, regulating virtual currency kiosks within the state’s money transmission framework and providing additional consumer protections specific to kiosks. Elsewhere, legislation to regulate crypto kiosks and implement consumer protection measures is, at the time of writing, awaiting the governor’s signature in Florida, Kansas, and Virginia. The legislation reflects a regulatory pattern emerging across the US. States are beginning to converge on a common regulatory framework for virtual currency kiosks, addressing consumer protection concerns and fraud risks through comprehensive legislation, plugging a gap left by federal supervision, which has remained primarily focused on anti-money laundering (AML) oversight.
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