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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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Use Of Welfare Funds For Gambling Remains Policy Focus In Brazil

Brazilian policymakers continue to grapple with how to restrict the use of welfare funds for online betting, amid broader societal concerns over banking privacy.
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Gambling

Trump Executive Order Kills CBDCs, Boosts Stablecoins

President Trump has issued an executive order that prohibits the US government from issuing a central bank digital currency (CBDC). He has also reset the legislative agenda on digital assets, including stablecoins.
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Payments

North Dakota Bill Requires Crypto ATM Operators To Reimburse APP Fraud Victims

Republican lawmakers in North Dakota have introduced a first-of-its-kind bill that will make crypto ATM operators liable for certain payments to scammers made via their platforms.
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Payments

Daily Dash: Swedish Regulator Targets Payments And Crypto AML In 2025

Sweden鈥檚 Finansinspektionen has announced its supervisory priorities for 2025, placing a strong emphasis on anti-money laundering (AML) and fraud prevention.
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Payments

New York Watchdog Hits PayPal With $2m Penalty Over Cybersecurity Failures

The New York State Department of Financial Services has taken enforcement action against online payments giant PayPal for violations of the state's Cybersecurity Regulation.
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Payments

Dutch Government Seeks To Break Money Laundering Impasse

The Netherlands Ministry of Finance has announced a new approach to anti-money laundering (AML) policy, while also committing to improve payments accessibility and consumer protections for buy now, pay later (BNPL) users.
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Payments

Lagos Latest Jurisdiction To Consider B2B Licences

The Lagos State Lotteries and Gaming Authority outlined plans to introduce B2B licences at ICE 2025, continuing a global trend of increased regulatory scrutiny being applied on suppliers.
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Gambling

MyBookie Latest Cease-and-Desist Target For Michigan Regulator

The Michigan Gaming Control Board continued to stake out its position as perhaps the most aggressive U.S. regulator in pursuing unregulated gaming operators, this time going after popular offshore operator MyBookie.
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Gambling

New Jersey Bill Bids To Regulate Sweepstakes; Mississippi Senator Seeks Ban

Newly-filed legislation to address sweepstakes casinos suggests state lawmakers are uncertain about whether to regulate or prohibit sweepstakes platforms, or merely subject them to further study.
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Gambling

For Spanish Gambling Ad Reform, Waiting Is Name Of The Game

Four months after the reintroduction of gambling advertising restrictions that the Supreme Court struck down via the Spanish health law, there has been no movement on the measure, despite repeated promises from regulators to introduce reforms to an industry they say is gravely in need of them.
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Gambling

News In Brief: January 20-January 24, 2025

Brazilian betting brand Esportes da Sorte receives federal licence to operate sports betting and online gaming, and the Nevada Gaming Control Board chair announces he will be stepping down.
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Gambling

Week In Crypto: New MiCA Deadline Spells Trouble For Unauthorised Stablecoins

EU regulators intervene once again to take unauthorised stablecoins off the market, Coinbase toys with delisting Tether under future US regulations, and New York warns of "memecoin" mania.
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Payments

New Company Will Drive VRP Development, Say UK Regulators

The Financial Conduct Authority and the Payment Systems Regulator have confirmed plans to establish a new company to drive forward variable recurring payments (VRPs) in the UK.
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Payments

Daily Dash: Riksbank Pushes For Enhanced Legal Protections For Cash

Sweden's rapid shift towards digital payments has left cash usage in steep decline, prompting the deputy governor of the central bank to advocate for new regulations to safeguard its status.
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Payments

Daily Dash: Fraud Social Experiment In Lithuania Reaches 'Saddest Conclusion'

The Lithuanian Banks Association has revealed alarming findings about consumer vulnerability and fraud reachability after a social experiment.
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Payments

Israel Hits Payment Companies With Strict Ownership Rules

The Banking Supervision Department of Israel has introduced new regulatory policies intended to enhance the stability and transparency of payment service providers deemed critical to financial stability.
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Payments

Myanmar Deports 55,000 Amid Rebound In Online Gambling Crime

Myanmar鈥檚 government has admitted that online gambling and other cyber-crime is increasing in the Thai border region of Myawaddy, despite months of ethnic militia crackdowns and the deporting of more than 55,000 鈥渋llegal residents鈥 since October.
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Gambling

Kalshi To Launch Sports Contracts Despite CFTC Review

Prediction market Kalshi said in a filing Wednesday that it plans to launch its own sports-event contracts despite an impending review from federal regulators on the legality of the markets.
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Gambling

Brazil Will Require Supplier Registration, Says Regulator

Brazil鈥檚 chief gambling regulator expects to establish a registration system for suppliers and has pledged to work with international authorities to shut out the black market.
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Gambling

Regulatory Influencer: Australia Unveils Two Year Regulatory Reform Plan

On December 19, 2024, the Australian Government鈥檚 Treasury published the Regulatory Initiatives Grid (RIG) report, setting out an ambitious roadmap for regulatory reforms in the financial sector over the next two years. The report highlights a series of transformative initiatives in three critical areas: digital asset reforms; payment services modernisation; and the reduction of debit card surcharges. The digital asset reforms seek to establish a comprehensive licensing framework for entities managing or holding digital assets, such as cryptocurrencies, while integrating these platforms into the Australian Financial Services (AFS) framework to ensure robust oversight. These measures are designed to enhance transparency and safeguard consumers and businesses against fraud.
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Payments
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天涯海角社区 View: The UK鈥檚 Crypto Perimeter Clarification 鈥 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鈥檚 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鈥檚 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鈥檚 stated implementation date of July 2027 could mean a costly recurring bill for AML reporting entities from next year.
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UK鈥檚 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鈥檚 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鈥檚 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鈥檚 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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