Newsazenplay.comThe weekly payments roundup reports that European payment service providers must transition from USDT to USDC, EURC or bank-issued electronic money tokens within three months. It also covers a temporary reversal of India’s UPI fee policy.
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A South African betting executive said crypto can facilitate access to offshore gambling but could also support stronger payment controls. Proposed measures include screening customers against social-grant and student-funding records, self-exclusion databases and recipient checks by regulated…
An interim final rule excludes certain products offered by state- or federally authorized gambling operators from the definition of a swap when they are not traded through specified market venues. The examples include sportsbook wagers and casino table, slot and electronic-game wagers.
Cryptocurrency use is moving from primarily offshore gambling toward consideration within regulated gaming markets as operators seek faster international payment options. The main implementation issues are compliance, transaction monitoring and risk management rather than simply accepting digital…