Kenyan market-leading operator SportPesa has cancelled its sports sponsorships in the country effective immediately, blaming uncertainty about licence renewals and the implementation of payment...
New U.S. sanctions against Venezuela fall short of a crippling embargo but are still likely to accelerate an exodus of foreign firms from any business involving the oil-rich nation, legal experts...
The Dutch central bank has become the latest regulator to offer a transition period for firms to comply with incoming EU rules on strong customer authentication (SCA) designed to tackle payment...
On May 21, 2019, the Ministry of Finance issued a public consultation on amendments to the Payment Systems Act in light of the adoption of Regulation (EU) 2019/518 on cross-border payments (the...
U.S. President Donald Trump has issued an executive order freezing the assets of the Venezuelan government under the administration of Nicolas Maduro, blocking transfers into and out of the United...
Lithuania’s central bank has suspended most activities of SatchelPay, an authorised e-money institution, saying it broke the law by only providing its annual financial accounts three months after...
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”.
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.

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