Paying for most goods and services with more than A$10,000 ($6,900) in cash will become a criminal offence in Australia from January next year, under a new law proposed by the government.
On July 26, 2019, the Australian government launched a public consultation on the Currency (Restrictions on the Use of Cash) Bill 2019, which, as noted in the explanatory memorandum, introduces...
The future of gambling with credit cards hangs in the balance after the UK Gambling Commission confirmed it will open a consultation that is expected to end in an all-out ban.
Kenya’s gambling regulator has ordered Safaricom, the telecoms firm that operates mobile money giant M-Pesa, to suspend the modes of transactions frequently used by a list of 25 gambling operators.
On July 9, 2019, the Bank of Israel released a policy paper in which it states its position in relation to the issue of banks’ payments application activity....
Stripe is being targeted by anti-racism campaigners for continuing to process payments for far-right extremists in the United States and Europe, highlighting the reputational risk to payment...
Sydney-based Macquarie Bank has introduced an industry-first block on gambling services for credit card users to improve the “financial wellbeing of its customers”.
PSD2 entered into force on January 13, 2018 repealing Directive 2007/64/EC (PSD1).  The revised Payment Services Directive (Directive (EU) 2015/2366), also known as PSD2, introduced new obligations...
The former head of the U.S.’ sanctions authority has said INSTEX, the payment instrument set up in Europe to enable trade with Iran, is unlikely to ever see success regardless of whether it enables...
U.S. payment providers in the betting market say they are working on a compliance model that can be deployed as soon as a state regulator gives the green light to sports betting, essentially...
Germany has barred a payment provider from trading with what state regulators maintain are illegal online casinos and secondary lottery operators and promised that more bans are to come.
The UK’s Foreign Affairs Committee has slammed the government’s sanctions programme, calling for greater clarity on post-Brexit planning and pushing for the introduction of sanctions targeted...
Restricting the initial implementation of the UK’s anti-fraud name check system could distort the market and even help fraudsters better target their activities, the country’s finance industry...
A New Hampshire federal court's ruling that the Wire Act applies only to electronic sports gambling should be a significant reassurance to payment processors and providers operating in other types...
On June 4, 2019, the Reserve Bank of India (RBI) published a report on the payment systems and payment instruments present in India in comparison with other countries such as Australia, Brazil,...
The UK government is standing by plans to establish a new payment system circumventing US restrictions on trade with Iran, despite fresh threats of sanctions from across the Atlantic.

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