Newsazenplay.comPNC is testing a service allowing eligible corporate and institutional customers to receive USDC on Ethereum and convert it into U.S. dollars deposited into PNC accounts. The pilot illustrates a bank-connected crypto rail that could be relevant to payment providers serving regulated gambling…
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Payments Canada launched its Real-Time Rail system to support continuous exchange, clearing and settlement of payments among participating institutions. The initial rollout includes eight participants and built-in fraud controls, including confirmation of payee, risk scoring and information sharing.
Brazilian payments rules reportedly restrict cryptocurrency use in regulated cross-border payment settlements. The change may affect PSPs and gambling-related payment flows that rely on stablecoins or other crypto-based rails.
A report examines payment-processing delays affecting iGaming businesses in Asia and Latin America and considers crypto settlement as a possible alternative where regulations permit it. It says compliant crypto processing would still require KYC, AML and transaction-monitoring controls.