Regulation
Payments regulation and policy news: central banks, swipe-fee rules, licensing, stablecoin laws and consumer protection.
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The OCC writes the stablecoin rulebook, GCash lists in Manila, and Western Union moves remittances on-chain
The OCC finalises its GENIUS Act rule for stablecoin issuers, Western Union picks Noah to pay out remittances in its USDPT stablecoin, GCash parent Mynt lists…
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Visa gets a Beijing green light, UPI’s fee waits for Diwali, and stablecoins reach the payout rails
China lets Visa prepare a domestic yuan card-clearing business, India pushes UPI merchant fees past Diwali, Visa and Mastercard put stablecoins into production payouts, and Ramp…
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NPCI defers UPI MDR on select merchant payments until after Diwali
NPCI has pushed the planned merchant fee on select UPI payments to just after Diwali, two days before it was due to start, with the structure…
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When the lights go out: Mastercard’s offline mandate, a £700m interchange claim and Canada’s bank-light real-time rail
Mastercard tells Europe every new card must work offline, UK merchants bring a £700m claim over cross-border interchange, Canada’s real-time rail looks set to launch without…
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PBOC gives Visa preliminary approval to prepare yuan card clearing in China
China’s central bank has let Visa start preparing a domestic bank card clearing institution, giving it a year to get ready before applying to operate.
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