Regulation
Payments regulation and policy news: central banks, swipe-fee rules, licensing, stablecoin laws and consumer protection.
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Stablecoins hit the plumbing: OUSD goes live, Swift’s ledger runs, Australia bans surcharges
In Sibos week, Visa, Mastercard, Stripe and Coinbase launched a shared dollar token, Swift’s ledger ran live tokenised deposits, Lloyds settled with Visa in USDC, and…
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Rain applies to the OCC for a national trust bank to issue and hold stablecoins
Stablecoin card issuer Rain has applied to the OCC for a New York national trust bank that would hold reserves and issue dollar stablecoins, but take…
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Australia ends card surcharges on Visa, Mastercard, eftpos and Amex payments
Australian merchants can no longer surcharge Visa, Mastercard, eftpos or Amex payments from October 1, and the RBA is also cutting interchange caps.
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