title: Roundup — WorldPayments Monitor — 2026-10-04 canonical: https://payments.gi/roundup/2026-10-04/ ## New or updated since 2026-09-27 New to this edition or changed since the last one. 1. 1 LU Product Innovation & Market Development 2026-10-02 ### [CSSF published Version 1 of its 'FAQ - Tokenisation' (2026-10-02), confirming LU-domiciled UCIs may issue units/shares natively on a distributed ledger, in token form, with the DLT route not changing the security's legal form; also addresses control-agent (UCIA) outsourcing…](https://payments.gi/jurisdictions/luxembourg/#mb-w9) [CSSF](https://www.cssf.lu/en/Document/faq-tokenisation/) T1 Confirmed Also tracked by crypto:on_chain_activity_regime 2. 2 US-AK Licensing, Authorisation & Market Access 2026-10-01 ### [SB 86 and SB 249 commence 2026-10-01, bringing virtual-currency business activity and kiosk operation within the Alaska money-transmission licensing perimeter, via NMLS.](https://payments.gi/jurisdictions/united-states-alaska/#mb-w1a) [Alaska State Legislature (SB 86 enrolled text)](https://www.akleg.gov/basis/get_documents.asp?session=34&docid=2568) T1 Confirmed Also tracked by crypto:crypto_licensing, financial-integrity:D5 3. 3 US-AL Licensing, Authorisation & Market Access 2026-10-01 ### [HB303 layers fraud-prevention, transaction-cap, disclosure and BSA-compliance conduct duties onto already-licensed crypto-kiosk money transmitters, effective 2026-10-01.](https://payments.gi/jurisdictions/united-states-alabama/#mb-w1a) [Alabama Legislature (ALISON)](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2026RS/HB303-enr.pdf) T1 Confirmed 4. 4 IM Licensing, Authorisation & Market Access 2026-09-28 ### [MONEYVAL's two-week onsite evaluation began 28 Sept 2026, placing FSA-supervised PSPs/EMIs as AML-obliged entities within assessor scope; no licensing-rule change identified.](https://payments.gi/jurisdictions/isle-of-man/#mb-w1a) [Isle of Man Financial Services Authority](https://www.iomfsa.im/amlcft/moneyval-faqs/) T1 Confirmed Also tracked by financial-integrity:D7 5. 5 US-MO Legal & Litigation 2026-09-18 ### [Robinhood named in MO AG sports-event-contract cease-and-desist, 2026-09-18.](https://payments.gi/jurisdictions/united-states-missouri/#mb-w7) [Missouri Attorney General's Office](https://ago.mo.gov/missouri-attorney-general-hanaway-orders-unlicensed-prediction-markets-to-cease-and-desist-unlawful-sports-wagering/) T1 Confirmed Also tracked by advennt:enforcement, financial-integrity:D5 6. 6 ZA Licensing, Authorisation & Market Access 2026-09-02 ### [SARB concluded withdrawal of PASA's PSMB recognition effective 2 September 2026; PCH/SO/TPPP authorisation and registration functions move to SARB's NPSD Policy, Regulation and Licensing Division. Licence categories unchanged.](https://payments.gi/jurisdictions/south-africa/#mb-w1a) [South African Reserve Bank](https://www.resbank.co.za/en/home/what-we-do/payments-and-settlements/psmb) T1 Confirmed 7. 7 SG Stablecoins & Digital Money 2026-09-01 ### [MAS consults on PS Act amendments for stablecoin issuance licence and systemic-designation regime, closing 16 Oct 2026.](https://payments.gi/jurisdictions/singapore/#mb-w2) [Monetary Authority of Singapore](https://www.mas.gov.sg/news/media-releases/2026/mas-consults-on-legislative-amendments-to-implement-stablecoin-regulatory-framework) T1 Confirmed Also tracked by crypto:stablecoin_regime 8. 8 TT Licensing, Authorisation & Market Access 2026-08-01 ### [TT Parliament passed the Remote Gambling Order, 2026; Minister confirmed CBTT has undertaken e-money licensing work and launched payment-systems-bill consultation as part of the coordinated regulatory environment.](https://payments.gi/jurisdictions/trinidad-and-tobago/#mb-w1a) [Central Bank of Trinidad and Tobago](https://www.central-bank.org.tt/fintech-and-payments/payment-services/) T1 Confirmed 9. 9 US-MA Licensing, Authorisation & Market Access 2026-07-31 ### [Division of Banks reiterated via 2026-07-31 regulatory notice that entities caught by c.169B which did not transition by 2026-07-01 must immediately cease licensable activity; M&M Tech Solutions Corp. cease directive (2026-04-02) stands as the first public enforcement action…](https://payments.gi/jurisdictions/united-states-massachusetts/#mb-w1a) [Massachusetts Division of Banks](https://www.mass.gov/info-details/regulatory-notice-reminder-of-money-transmitter-licensing-requirements-under-mgl-c-169b) T1 Confirmed 10. 10 BZ Commercial Intelligence & Fintech 2026-07-27 ### [Central Bank, FIU and FSC signed governance agreements (27 Jul 2026) establishing a shared framework for a Sanctions Registry System.](https://payments.gi/jurisdictions/belize/#mb-w13) [Central Bank of Belize](https://www.centralbank.org.bz/) T1 Confirmed 11. 11 US-CA Licensing, Authorisation & Market Access 2026-07-01 ### [DFAL licensing deadline (Jul 1, 2026) passed with PRO 02-23 implementing rulemaking still disapproved/unadopted.](https://payments.gi/jurisdictions/united-states-california/#mb-w1a) [California DFPI](https://dfpi.ca.gov/regulated-industries/digital-financial-assets/digital-financial-assets-law-frequently-asked-questions/) T1 Confirmed 12. 12 SA Product Innovation & Market Development 2026-05-27 ### [SAMA launched new e-commerce payments interface (7 July 2025); CMA consulting on FinTech ExPermit updates (closing 27 May 2026); REGA/CMA jointly supervised first title-deed tokenization pilot (November 2025).](https://payments.gi/jurisdictions/saudi-arabia/#mb-w9) [Saudi Exchange (Tadawul)](https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/news-detail-wcm/?newsId=9356&locale=en) T1 Confirmed 13. 13 SG Licensing, Authorisation & Market Access 2026-05-14 ### [DTSP gateway remains near-dormant (zero grants, 14 months); MAS revoked Bsquared's MPI licence for false/misleading information.](https://payments.gi/jurisdictions/singapore/#mb-w1a) [Monetary Authority of Singapore](https://www.mas.gov.sg/news/media-releases/2026/key-enforcement-actions-taken-by-mas-in-q2-2026) T1 Confirmed Also tracked by crypto:crypto_licensing 14. 14 US-OK Licensing, Authorisation & Market Access 2026-05-13 ### [HB 3521 repeals/replaces the Oklahoma money-transmission licensing regime effective 2026-11-01.](https://payments.gi/jurisdictions/united-states-oklahoma/#mb-w1a) [Oklahoma State Legislature](https://www.oklegislature.gov/cf_pdf/2025-26%20INT/hB/HB3521%20INT.PDF) T1 Confirmed 15. 15 US-UT Licensing, Authorisation & Market Access 2026-05-06 ### [HB 72 Virtual Currency Kiosk Regulation (eff. 2026-05-06) creates a parallel, narrower consumer-protection licence-adjacent track for crypto kiosk operators.](https://payments.gi/jurisdictions/united-states-utah/#mb-w1a) [Utah Legislature (enrolled HB 72)](https://le.utah.gov/Session/2026/bills/enrolled/HB0072.pdf) T1 Confirmed Also tracked by crypto:crypto_licensing, financial-integrity:D5 16. 16 BZ Operational Resilience & Critical Infrastructure 2026-04-21 ### [Central Bank of Belize executed a contract with Montran Corporation for an 18-month implementation of a new Belize Instant Payment System, building on the 2016 APSSS backbone which suffered and recovered from an outage in March 2026.](https://payments.gi/jurisdictions/belize/#mb-w3) [Central Bank of Belize](https://www.centralbank.org.bz/detail-pages/news/2026/04/21/central-bank-of-belize-announces-development-of-an-instant-payment-system) T1 Confirmed 17. 17 SA Licensing, Authorisation & Market Access 2026-03-26 ### [SAMA moved open banking from sandbox testing to formal licensing, granting first licences to two fintechs on 26 March 2026.](https://payments.gi/jurisdictions/saudi-arabia/#mb-w1a) [Saudi Press Agency](https://spa.gov.sa/en/N2546753) T1 Confirmed 18. 18 US-SD Industry Structure & Commercial Dynamics 2026-03-01 ### [Carlyle Group filed to acquire a controlling interest in MAI Trust Company (Sioux Falls); HRK Trust Company filed to surrender its charter.](https://payments.gi/jurisdictions/united-states-south-dakota/#mb-w6) [SD Division of Banking](https://dlr.sd.gov/banking/monthly_activity_reports/2026/MarchActivityReport.pdf) T1 Confirmed 19. 19 US-NV Legal & Litigation 2026-02-17 ### [Ninth Circuit affirmed dissolution of Kalshi's preliminary injunction (Aug 28, 2026); CFTC filed amicus asserting exclusive federal jurisdiction; Kalshi filed en banc petition Sept 9, 2026; sports event contracts remain unavailable to Nevada users as of Oct 2, 2026.](https://payments.gi/jurisdictions/united-states-nevada/#mb-w7) [CFTC](https://www.cftc.gov/PressRoom/PressReleases/9183-26) T1 Confirmed 20. 20 HK Licensing, Authorisation & Market Access 2026-02-13 ### [HKMA published consultation conclusions on Banking Ordinance enhancements (13 Feb 2026), targeting a 2026 LegCo amendment bill.](https://payments.gi/jurisdictions/hong-kong/#mb-w1a) [HKMA](https://www.hkma.gov.hk/eng/news-and-media/press-releases/2026/02/20260213-5/) T1 Confirmed 21. 21 US-UT Payment Corridor Dynamics 2026-02-10 ### [HB 141's proposed 2% international-remittance tax would affect outbound corridor pricing and compliance overhead for Utah MTLs from 2027-01-01, but final enactment status is disputed between sources.](https://payments.gi/jurisdictions/united-states-utah/#mb-w5) [Utah Legislature (1st Sub. HB 141)](https://le.utah.gov/Session/2026/bills/introduced/HB0141S01.pdf) T1 Disputed Also tracked by crypto:cross_border_transfer, financial-integrity:D7 22. 22 US-MN Licensing, Authorisation & Market Access 2026-01-01 ### [Virtual-currency disclosure rules (eff Jan 1 2026) and new kiosk-operation prohibition (eff Aug 1 2026) both enacted under Minn. Stat. ch. 53B.](https://payments.gi/jurisdictions/united-states-minnesota/#mb-w1a) [Minnesota Department of Commerce](https://mn.gov/commerce/money/non-depository/money-services-business/) T1 Confirmed 23. 23 NZ Licensing, Authorisation & Market Access date pending ### [MBIE discussion document exploring consolidated payment-services licensing regime remains open for policy development post-consultation close.](https://payments.gi/jurisdictions/new-zealand/#mb-w1a) [Ministry of Business, Innovation and Employment](https://www.mbie.govt.nz/dmsdocument/32017-discussion-document-on-payment-services-regulation) T1 Confirmed 24. 24 US-SD Licensing, Authorisation & Market Access date pending ### [SB98 (effective 2026-07-01) brings virtual-currency kiosk operators explicitly within the SDCL 51A-17 MTL framework with new anti-fraud, licensure and quarterly-reporting obligations.](https://payments.gi/jurisdictions/united-states-south-dakota/#mb-w1a) [SD Division of Banking](https://dlr.sd.gov/banking/legal/documents/11_002_virtual_currency_transmission_in_sd.pdf) T1 Confirmed Also tracked by crypto:crypto_licensing 25. 25 US-KY Licensing, Authorisation & Market Access 2026-10-04 ### [Kentucky SB 189 creates standalone virtual-currency-kiosk licensing regime (new KRS 286 Subtitle 13), effective 2027-04-30.](https://payments.gi/jurisdictions/united-states-kentucky/#mb-w1a) [Kentucky Department of Financial Institutions](https://kfi.ky.gov/newstatic_info.aspx?static_id=247) T1 Confirmed 26. 26 US-FL Consumer Protection & APP Fraud 2026-06-26 ### [New kiosk fraud-warning and conditional refund duty under Ch. 2026-178.](https://payments.gi/jurisdictions/united-states-florida/#mb-w10) [Florida House Bill Analysis h0505z1](https://www.flsenate.gov/Session/Bill/2026/505/Analyses/h0505z1.IBS.PDF) T1 Confirmed Also tracked by crypto:crypto_licensing 27. 27 US-VT Licensing, Authorisation & Market Access 2026-06-16 ### [Act 142 permanently bans virtual-currency kiosks and expands money-transmission to cover virtual-currency business activity, effective July 1, 2026.](https://payments.gi/jurisdictions/united-states-vermont/#mb-w1a) [Vermont General Assembly](https://legislature.vermont.gov/Documents/2026/Docs/ACTS/ACT142/ACT142%20As%20Enacted.pdf) T1 Confirmed Also tracked by crypto:crypto_licensing, financial-integrity:D5 28. 28 AU Scheme & Network Compliance 2026-10-01 ### [RBA card-surcharge ban and interchange caps took full effect 1 October 2026; enforcement is contractual via card-network merchant agreements.](https://payments.gi/jurisdictions/australia/#mb-w4) [Reserve Bank of Australia](https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/2026-03/non-tech-summary.html) T1 Confirmed 29. 29 US-NH Licensing, Authorisation & Market Access 2026-10-01 ### [RSA 399-G:15(II)(d) repealed and RSA 399-G:18(III) amended effective 2026-10-01 (chapter 294); HB1207 (2026) likely vehicle, fee increases possible.](https://payments.gi/jurisdictions/united-states-new-hampshire/#mb-w1a) [New Hampshire General Court - RSA 399-G](https://gc.nh.gov/rsa/html/xxxvi/399-g/399-g-mrg.htm) T1 Confirmed 30. 30 US-VA Licensing, Authorisation & Market Access 2026-07-01 ### [Chapter 19 repealed effective 1 July 2026, replaced by Chapter 19.1 (MTMA); automatic deemed-licensing for incumbents.](https://payments.gi/jurisdictions/united-states-virginia/#mb-w1a) [Code of Virginia](https://law.lis.virginia.gov/vacode/title6.2/chapter19/section6.2-1901/) T1 Confirmed 31. 31 US-IA Licensing, Authorisation & Market Access 2026-05-12 ### [OCC/IDOB preemption dispute over whether a national trust bank's crypto custody activity requires an Iowa MTL.](https://payments.gi/jurisdictions/united-states-iowa/#mb-w1a) [Office of the Comptroller of the Currency](https://www.occ.gov/topics/charters-and-licensing/interpretations-and-decisions/2026/int1192.pdf) T1 Confirmed Also tracked by crypto:crypto_licensing, financial-integrity:D5 32. 32 PA Licensing, Authorisation & Market Access 2026-01-27 ### [Draft Law 314 proposes dedicated PSP/EMI licensing categories; SBP Acuerdo 1-2026 tightens AML onboarding for fintech bank-access in the interim.](https://payments.gi/jurisdictions/panama/#mb-w1a) [Superintendencia de Bancos de Panamá](https://www.superbancos.gob.pa/documentos/regulacion/acuerdos_otros_sujetos/2026/Acuerdo_01-2026.pdf) T1 Confirmed Also tracked by financial-integrity:D7 33. 33 ES Scheme & Network Compliance 2025-10-09 ### [EPC Verification of Payee Rulebook v1.1 became mandatory for all SEPA scheme participants, including Spanish PSPs, on 20 September 2026, updating API and security specifications for VoP/SRTP/SPAA.](https://payments.gi/jurisdictions/spain/#mb-w4) [Banco de España](https://clientebancario.bde.es/pcb/en/blog/novedades-en-pagos-inmediatos-a-partir-del-9-de-octubre-de-2025.html) T1 Confirmed 34. 34 RU Correspondent Banking, Settlement & Access 2026-10-01 ### [EU 21st sanctions package added 33 more Russian banks to the Art.5ae/Annex XIV transaction ban (eff. 13 Aug 2026), extended to financial-messaging-service use; UK added 31 new designations on 1 Oct 2026.](https://payments.gi/jurisdictions/russia/#mb-w12) [UK OFSI / FCDO](https://assets.publishing.service.gov.uk/media/6abe173e9c196f81005e5d7c/Sanctions_NoticeRussia01_October_2026.pdf) T1 Probable Also tracked by financial-integrity:D1 35. 35 GH Conduct, Safeguarding & Financial Promotions 2026-09-17 ### [Exposure draft Disclosure and Transparency Directive for DFS products (2026-09-17); Fit and Proper Persons Guidelines continuing staged 2026 rollout.](https://payments.gi/jurisdictions/ghana/#mb-w1b) [Bank of Ghana](https://www.bog.gov.gh/notice/disclosure-and-transparency-directives-for-digital-financial-services-and-products-banks-and-sdis/) T1 Probable 36. 36 CA Licensing, Authorisation & Market Access 2026-06-29 ### [First RPAA enforcement decisions (Notices of Violation) published August 2026, all for operating without registration; Bank of Canada also updated its PSP registration criteria and issued a reporting-obligations reminder in June 2026.](https://payments.gi/jurisdictions/canada/#mb-w1a) [Bank of Canada](https://www.bankofcanada.ca/2026/06/criteria-for-registering-payment-service-providers/?page_moved=1) T1 Probable 37. 37 US-FL Licensing, Authorisation & Market Access 2026-06-26 ### [New virtual-currency-kiosk MSB registration sub-category created under Ch. 2026-178.](https://payments.gi/jurisdictions/united-states-florida/#mb-w1a) [Laws of Florida](http://laws.flrules.org/2026/178) T1 Probable 38. 38 US-WY Licensing, Authorisation & Market Access 2026-09-29 ### [Draft MMTMA adoption (27LSO-0137), new NY-WY supervisory MOU, and draft uncapped kiosk-penalty bill (27LSO-0138) all move this module this cycle.](https://payments.gi/jurisdictions/united-states-wyoming/#mb-w1a) [Wyoming Legislature](https://wyoleg.gov/Calendar/20260920/Meeting?type=committee&id=15164) T1 Probable Also tracked by financial-integrity:D5 39. 39 SI Licensing, Authorisation & Market Access 2026-09-18 ### [Banking Act (ZBan-4) entered into force 12 March 2026, transposing CRD VI.](https://payments.gi/jurisdictions/slovenia/#mb-w1a) [Banka Slovenije](https://www.bsi.si/storage/uploads/37d72334-7542-4f7d-8ed7-d97ad8aee82a/20260918-LIST-OF-NOTIFICATIONS-OF-PAYMENT-INSTITUTIONS.pdf) T1 Probable 40. 40 CA-QC Product Innovation & Market Development 2026-08-27 ### [CSA/CIRO joint guidance on event contracts (Aug 27, 2026) and PLQ platform proposal for joint AMF/RACJ prediction-markets oversight (Sept 9, 2026) both surfaced this cycle.](https://payments.gi/jurisdictions/canada-quebec/#mb-w9) [CIRO](https://www.ciro.ca/newsroom/publications/prediction-markets-csa-and-ciro-provide-guidance-certain-types-event-contracts) T1 Probable 41. 41 US-WI Legal & Litigation 2026-04-23 ### [Wisconsin Supreme Court reportedly ruled for AG Kaul on 2026-10-02 against Kalshi, Robinhood, Coinbase, Polymarket and Crypto.com over event-contract 'sports betting'; underlying complaint alleges violation of Wis. Stat. § 945.03(1m)(c); Robinhood/Coinbase assert…](https://payments.gi/jurisdictions/united-states-wisconsin/#mb-w7) [Wisconsin Department of Justice](https://www.wisdoj.gov/PressReleases/complaint-kalshi-sc.pdf) T1 Probable Also tracked by financial-integrity:D5 42. 42 ID Licensing, Authorisation & Market Access 2026-01-22 ### [BI Reg 10/2025 (effective 31 Mar 2026) restructures PJP licensing into bank/non-bank categories with capital surcharges and a Single Ownership Policy.](https://payments.gi/jurisdictions/indonesia/#mb-w1a) [ANTARA News](https://en.antaranews.com/news/401190/bank-indonesia-pushes-payment-system-reforms-to-boost-digital-economy) T2 Probable 43. 43 US Licensing, Authorisation & Market Access 2026-10-01 ### [Florida's Chapter 176 payment-stablecoin licensing framework took effect Oct 1, 2026 with a $10bn/360-day federal-transition trigger mirroring the GENIUS Act threshold; Maryland's payroll-processor MTL exemption (S.B. 261) also took effect Oct 1, 2026.](https://payments.gi/jurisdictions/united-states/#mb-w1a) [CSBS](https://www.csbs.org/sites/default/files/external-link-files/MTMA%20Legislative%20Update_4.23.2026.pdf) T1 Probable 44. 44 AU AML/CFT & Financial Crime 2026-09-30 ### [Subscribed slot: AUSTRAC began issuing first Tranche 2 infringement notices (sentinel-fed, supplied by financial_integrity); Tranche 2 obligations now in force.](https://payments.gi/jurisdictions/australia/#mb-w11) [AUSTRAC](https://www.austrac.gov.au/news-and-media/media-release/austrac-begins-issuing-infringement-notices-non-enrolled-businesses) T1 Probable Also tracked by financial-integrity:D3 45. 45 BR Conduct, Safeguarding & Financial Promotions 2026-09-25 ### [MP 1.394/2026 converts betting-sector payment-conduct obligations from targeted to sector-wide.](https://payments.gi/jurisdictions/brazil/#mb-w1b) [Senado Federal](https://legis.senado.leg.br/sdleg-getter/documento?dm=10324510&disposition=inline) T1 Probable Also tracked by advennt:licensing_and_regulation 46. 46 AFR Payment Corridor Dynamics 2026-07-09 ### [PAPSS cross-border settlement network expansion continues: BEAC (CEMAC) joined 9 July 2026; 14th Governing Council meeting held in Nairobi 19 September 2026 focused on expanding participating-bank membership and cross-border risk mitigation.](https://payments.gi/jurisdictions/africa/#mb-w5) [African Export-Import Bank (Afreximbank)](https://www.afreximbank.com/la-beac-rejoint-la-papss-en-vue-de-faciliter-les-paiements-entre-la-cemac-et-le-reste-de-lafrique/) T1 Probable 47. 47 SK Industry Structure & Commercial Dynamics 2026-10-04 ### [365.bank (incl. former Poštová banka portfolio) merges into ČSOB effective 1 November 2026.](https://payments.gi/jurisdictions/slovakia/#mb-w6) [Standard.sk](https://standard.sk/1320258/nbs-platobne-systemy-su-postupne-obnovovane) T2 Probable 48. 48 EG Product Innovation & Market Development 2026-10-01 ### [CBE Instant Payment Network (IPN/InstaPay) reached ~22 million registered users by end-Q2 2026.](https://payments.gi/jurisdictions/egypt/#mb-w9) [Amwal Al Ghad](https://en.amwalalghad.com/egypts-ipn-reaches-22m-users-in-q2-cbe-governor/) T2 Probable 49. 49 NL Licensing, Authorisation & Market Access date pending ### [PSD3/PSR trilogue concluded March 2026; expected in force early 2027 with 18-21 month national implementation window; NL implementation expected to amend the Wft.](https://payments.gi/jurisdictions/netherlands/#mb-w1a) [Dutch Payments Association](https://www.betaalvereniging.nl/en/knowledge-base/european-legislation/psd2/) T2 Probable 50. 50 US-HI Licensing, Authorisation & Market Access 2026-09-28 ### [SB2757 would create a Digital Asset Charter licensing program under DCCA/DFI from 2027-01-01, reversing the 2024 DFI/HTDC determination excluding crypto from HRS Ch.489D scope.](https://payments.gi/jurisdictions/united-states-hawaii/#mb-w1a) [Hawaii State Legislature](https://data.capitol.hawaii.gov/sessions/session2026/CommReports/SB2757_SD2_SSCR2957_.htm) T1 Probable 51. 51 US-AK Consumer Protection & APP Fraud 2026-10-01 ### [SB 249 adds kiosk-specific consumer protections: transaction/fee caps, fraud warnings, mandated refunds for proven fraud.](https://payments.gi/jurisdictions/united-states-alaska/#mb-w10) [Orrick InfoBytes](https://infobytes.orrick.com/2026-07-24/alaska-overhauls-money-transmission-licensing-imposes-new-virtual-currency-kiosk-requirements/) T3 Probable 52. 52 UY Conduct, Safeguarding & Financial Promotions 2026-10-01 ### [BCU strengthened-authentication and complaints-handling regime takes effect October 2026, extending mandatory 2FA scope.](https://payments.gi/jurisdictions/uruguay/#mb-w1b) [El Observador](https://www.elobservador.com.uy/economia-y-empresas/bcu-refuerza-las-medidas-seguridad-las-operaciones-bancarias-n6059258) T3 Probable 53. 53 BD Licensing, Authorisation & Market Access 2026-09-28 ### [New card-to-MFS linking rules and the Gambling Prevention Act's payment-account freeze power both tighten the market-access/conduct environment this cycle.](https://payments.gi/jurisdictions/bangladesh/#mb-w1a) [The Daily Star](https://www.thedailystar.net/business/economy/news/bb-tightens-rules-card-mfs-cashouts-4179876) T3 Probable 54. 54 LATAM Merchant Acquiring & Risk 2026-09-28 ### [Brazil's PM 1,394/2026 bars banks/PSPs from processing betting transactions except to close accounts and refund players; R$200,000 daily fine for non-compliant operators/PSPs.](https://payments.gi/jurisdictions/latin-america/#mb-w8) [European Gaming](https://europeangaming.eu/portal/latest-news/2026/09/28/214894/brazil-online-betting-ban-european-operators/) T3 Probable Also tracked by advennt:operational_obligations 55. 55 US-NE Payment Corridor Dynamics 2026-09-28 ### [25% excise tax on remittance transfers to foreign-adversary-country residents, effective 1 July 2026.](https://payments.gi/jurisdictions/united-states-nebraska/#mb-w5) [Bloomberg Tax](https://news.bloombergtax.com/daily-tax-report-state/nebraska-legislature-amends-money-transmitters-act) T3 Probable 56. 56 AR Scheme & Network Compliance 2026-09-20 ### [BCRA Comunicación A 8473 (published 10 Sept 2026) mandates a per-CUIT/CUIL fraud score for transfer-scheme administrators and PSPs, phased over 60/90/120-day build-out windows; Comunicación A 8471 added a fraud-risk-management chapter to risk guidelines, in force 1 Sept 2026…](https://payments.gi/jurisdictions/argentina/#mb-w4) [Diego Ceredi (legal commentary citing BCRA Comunicaciones A 8432/8471/8473)](https://www.diegoceredi.com/blog/bcra-psp-fintech-ia-scoring-fraude) T3 Probable 57. 57 LATAM Scheme & Network Compliance 2026-09-19 ### [BCB Resolução nº 587 (18 Sept 2026) ends blanket Pix mandatory-participation rule, introduces fraud-flag accountability regime, and schedules hybrid boleto/Pix-QR billing and Pix Automático for salary accounts.](https://payments.gi/jurisdictions/latin-america/#mb-w4) [Rio Times Online](https://www.riotimesonline.com/brazil-pix-rules-central-bank-500000-accounts-2026/) T3 Probable 58. 58 LT Conduct, Safeguarding & Financial Promotions 2026-09-10 ### [Bank of Lithuania restricted EMI Verified Payments over capital/shareholder-lending failures ahead of a 1 October 2026 remediation deadline; opened a consultation on fine-calculation methodology and the minor-breach threshold.](https://payments.gi/jurisdictions/lithuania/#mb-w1b) [Ecovis Lithuania](https://ecovis.lt/regrally-insights-payment-services-regulation-september-2026/) T3 Probable Also tracked by financial-integrity:D7 59. 59 PH Licensing, Authorisation & Market Access 2026-09-07 ### [BSP draft circular proposes 12-month suspension of new OPS registrations to review licensing and risk-management framework.](https://payments.gi/jurisdictions/philippines/#mb-w1a) [Philippine Star](https://www.philstar.com/business/2026/09/07/2554437/bsp-plans-pause-new-payment-system-operators) T3 Probable 60. 60 PL Payment Corridor Dynamics 2026-09-01 ### [BLIK payment-blocking mechanism for illegal-gambling domains in force since 1 September 2026, checked against the Ministry of Finance register; covers domestic and foreign payment agents.](https://payments.gi/jurisdictions/poland/#mb-w5) [Global Gaming Insider](https://globalgaminginsider.com/news/6067/blik-to-block-payments-linked-to-illegal-gambling-websites-in-poland) T3 Probable 61. 61 TH Licensing, Authorisation & Market Access 2026-08-23 ### [BOT organisational restructuring, BNPL licensing move, money-changer licensing overhaul.](https://payments.gi/jurisdictions/thailand/#mb-w1a) [The Nation Thailand](https://www.nationthailand.com/business/banking-finance/40069693) T3 Probable 62. 62 LA Licensing, Authorisation & Market Access 2026-08-06 ### [BOL suspended new NBFI (incl. payment service provider) licensing in Vientiane from 31 Jul 2026, with reopening expected end-2026 under revised rules.](https://payments.gi/jurisdictions/laos/#mb-w1a) [The Star](https://www.thestar.com.my/aseanplus/aseanplus-news/2026/08/06/lao-central-bank-pauses-new-microfinance-licences) T3 Probable 63. 63 CR Payment Corridor Dynamics 2026-07-09 ### [Finance Ministry opened public consultation on requiring SINPE Móvil business-payment number registration for tax transparency; SIM-recycling and WhatsApp-takeover fraud patterns cited as growth drivers.](https://payments.gi/jurisdictions/costa-rica/#mb-w5) [The Tico Times](https://ticotimes.net/2026/07/09/costa-rica-sinpe-movil-tax-reporting-businesses) T3 Probable 64. 64 US-MS Consumer Protection & APP Fraud 2026-07-01 ### [HB1625's fraud-warning and transaction-limit mandate is a new consumer-protection obligation for virtual currency kiosk transactions.](https://payments.gi/jurisdictions/united-states-mississippi/#mb-w10) [PR Newswire / AARP Mississippi](http://www.prnewswire.com/news-releases/aarp-mississippi-applauds-passage-and-signing-of-law-to-protect-consumers-from-cryptocurrency-kiosk-fraud-302778264.html) T3 Probable 65. 65 TH Product Innovation & Market Development 2026-06-05 ### [BOT moving BNPL from informal tracks to a dedicated mandatory licence targeted for Q4 2026.](https://payments.gi/jurisdictions/thailand/#mb-w9) [The Nation Thailand](https://www.nationthailand.com/business/banking-finance/40070654) T3 Probable 66. 66 KR Conduct, Safeguarding & Financial Promotions 2025-12-16 ### [EFTA amendment (promulgated 16 Dec 2025) mandates external/segregated management of PG settlement and refund funds.](https://payments.gi/jurisdictions/south-korea/#mb-w1b) [The Asia Business Daily](https://www.asiae.co.kr/en/article/2025121612143531851) T3 Probable 67. 67 CH Operational Resilience & Critical Infrastructure 2026-09-28 ### [SIC5 instant-payments full-network participation deadline confirmed for end/November 2026, completing nationwide coverage.](https://payments.gi/jurisdictions/switzerland/#mb-w3) [SIX Group](https://www.six-group.com/en/products-services/banking-services/billing-and-payments/instant-payments.html) T2 Probable 68. 68 GG Licensing, Authorisation & Market Access 2026-10-01 ### [Lending, Credit and Finance (Amendment) Rules, 2026 (in force 1 October 2026) remove duplicate VASP licensing for already-licensed GFSC firms and lift the retail-customer restriction on VASPs.](https://payments.gi/jurisdictions/guernsey/#mb-w1a) [Guernsey Press](https://guernseypress.com/news/2026/09/27/regulator-eases-rules-to-boost-digital-finance-innovation) T3 Probable Also tracked by crypto:crypto_licensing, financial-integrity:D5 69. 69 DZ Conduct, Safeguarding & Financial Promotions 2026-09-30 ### [Bank of Algeria Note No.3/2026 (29 July 2026) set six household-access conduct obligations on banks/financial institutions, with a two-month compliance deadline; the requirements took network-wide binding effect from 1 October 2026, inside this cycle's window.](https://payments.gi/jurisdictions/algeria/#mb-w1b) [Algérie360](https://www.algerie360.com/banques-obligations-banque-algerie-30-septembre/) T3 Probable 70. 70 MX Product Innovation & Market Development 2026-09-29 ### [Digital Economy Law for Digital and Electronic Payments (submitted 8 Sept 2026) remains under Finance Commission committee review; proposed Art. 13 SHCP sectoral-designation power, Dec 2026 CoDi-capability deadline, and first-year 50% digital-migration target surfaced this cycle.](https://payments.gi/jurisdictions/mexico/#mb-w9) [IntelligentCIO LATAM](https://www.intelligentcio.com/latam/2026/09/29/mexicos-new-digital-economy-law-aims-to-improve-security-efficiency-and-business-formalization/) T3 Probable 71. 71 DZ Licensing, Authorisation & Market Access 2026-09-23 ### [On 23 September 2026 the Bank of Algeria's Conseil Monétaire et Bancaire authorised Djezzy Payment Services (subsidiary of Optimum Telecom Algérie) to incorporate as a PSP - the first authorisation of this kind since the category's creation under Law 23-09 and Règlement…](https://payments.gi/jurisdictions/algeria/#mb-w1a) [Ntic-DZ](https://www.ntic-dz.com/paiement-mobile-djezzy-obtient-le-feu-de-la-banque-dalgerie/) T3 Probable 72. 72 KE Product Innovation & Market Development 2026-09-22 ### [Draft Bill introduces open-finance data-sharing obligations, floats a national instant-payment switch, and brings VASPs offering payment services within scope.](https://payments.gi/jurisdictions/kenya/#mb-w9) [TechCabal](https://techcabal.com/2026/09/22/kenya-proposes-forcing-banks-to-share-customer-data/) T3 Probable 73. 73 KR Product Innovation & Market Development 2026-09-01 ### [FSC token-securities policy roadmap under the Electronic Securities Act amendment, phased from February 2027.](https://payments.gi/jurisdictions/south-korea/#mb-w9) [Bloomberg](https://www.bloomberg.com/professional/insights/regulation/september-2026-global-regulatory-brief-token-securities-stablecoins-and-tokenized-bonds/) T3 Probable 74. 74 NZ Scheme & Network Compliance 2026-09-01 ### [MBIE taking over open-banking technical standards governance from Payments NZ API Centre (closing end Sept 2026).](https://payments.gi/jurisdictions/new-zealand/#mb-w4) [HGM Legal](https://www.hgmlegal.com/insights/open-banking-standards-to-be-managed-by-mbie) T3 Probable 75. 75 US-MT Legal & Litigation 2026-08-27 ### [Kalshi's federal suit against Montana gambling officials over prediction-market event contracts was dismissed by joint stipulation on 2026-09-17, following Judge Molloy's 2026-08-27 denial of Kalshi's preliminary-injunction motion.](https://payments.gi/jurisdictions/united-states-montana/#mb-w7) [Sports Betting Dime](https://www.sportsbettingdime.com/news/industry/federal-judge-denies-kalshis-motion-for-preliminary-injunction-in-montana/) T3 Probable Also tracked by advennt:enforcement 76. 76 UY Licensing, Authorisation & Market Access 2026-08-26 ### [Open Finance / regulatory sandbox bill passed the Senate unanimously and entered Chamber of Deputies committee treatment.](https://payments.gi/jurisdictions/uruguay/#mb-w1a) [Guyer & Regules](https://www.guyer.com.uy/upcms/files/PDF/informe-inicial-proyecto-ley-competitividad-guyer-y-regules.pdf) T3 Probable Also tracked by data-protection:sectoral_watch 77. 77 IE Licensing, Authorisation & Market Access 2026-07-28 ### [CBI's second Payments and E-Money Newsletter flags PI/EMI firms' incomplete assessment of EBA Q&A 6336's narrower e-money interpretation; CBI will host an industry seminar 21 October 2026.](https://payments.gi/jurisdictions/ireland/#mb-w1a) [William Fry](https://www.williamfry.com/knowledge/central-banks-second-payments-and-e-money-newsletter/) T3 Probable 78. 78 AE Licensing, Authorisation & Market Access 2026-06-16 ### [CBUAE PTSR transition period ended 16 June 2026, placing the payment-token licensing framework in its operational phase; DIFC/ADGM entities register as Foreign Payment Token Issuers rather than holding a direct PTSR licence.](https://payments.gi/jurisdictions/united-arab-emirates/#mb-w1a) [CryptoSlate](https://cryptoslate.com/crypto-laws/cbuae-payment-token-services-regulation/) T3 Probable 79. 79 RO Payment Corridor Dynamics 2026-06-10 ### [BNR Order 3/2026 (Official Gazette no. 481, 10 June 2026) integrates OCT Inst cross-border instant-payment scheme, effective 1 July 2026, IT-compatibility deadline 14 November 2026.](https://payments.gi/jurisdictions/romania/#mb-w5) [Dragne & Asociatii](https://www.dragne.ro/new-rules-for-international-instant-payments/) T3 Probable 80. 80 MM Licensing, Authorisation & Market Access 2026-05-18 ### [CBM's 18 May 2026 Offshore Remittance Business Regulations replace 2019 rules with expanded licensing requirements for offshore remittance operators, agents and branch offices.](https://payments.gi/jurisdictions/myanmar/#mb-w1a) [DFDL](https://www.dfdl.com/insights/legal-and-tax-updates/myanmar-new-offshore-remittance-business-regulations/) T3 Probable 81. 81 MT Licensing, Authorisation & Market Access 2026-02-26 ### [Gate Technology Ltd obtained a Malta PI licence, complementing an existing MiCA CASP permit.](https://payments.gi/jurisdictions/malta/#mb-w1a) [Chainwire (press-release wire)](https://chainwire.org/2026/02/26/gate-obtains-malta-payments-institution-license-strengthening-eu-stablecoin-payment-infrastructure/) T3 Probable 82. 82 DE Payment Corridor Dynamics date pending ### [Germany remains a lead market for EPI's Wero wallet; Bundesbank board member floated digital-euro integration into Wero; EuroPA MoU (Feb 2026) links Wero to Bizum, Bancomat, SIBS-MB WAY and Vipps MobilePay.](https://payments.gi/jurisdictions/germany/#mb-w5) [Convera](https://convera.com/blog/cross-border-payments/european-payments-initiative-2026/) T3 Probable 83. 83 ID Payment Corridor Dynamics 2026-04-30 ### [QRIS cross-border interoperability launched with China (30 April 2026), extending the corridor network beyond ASEAN/Japan/Korea.](https://payments.gi/jurisdictions/indonesia/#mb-w5) [Tempo.co](https://en.tempo.co/read/2101260/indonesia-launches-qris-cross-border-payment-service-with-china) T2 Probable 84. 84 BG Operational Resilience & Critical Infrastructure 2026-01-01 ### [RINGS migrated to TARGET2, BISERA6 migrated to SEPA, legacy BIC decommissioned on euro adoption.](https://payments.gi/jurisdictions/bulgaria/#mb-w3) [ING Wholesale Banking](https://www.ingwb.com/en/service/payments-and-collections/bulgarias-upcoming-adoption-of-the-euro) T2 Probable 85. 85 DE Product Innovation & Market Development date pending ### [ACI Worldwide integrated Wero onto its Payments Orchestration Platform, expanding merchant/intermediary acceptance in Germany.](https://payments.gi/jurisdictions/germany/#mb-w9) [ACI Worldwide (investor relations)](https://investor.aciworldwide.com/news-releases/news-release-details/aci-worldwide-and-epi-power-instant-payments-europe) T2 Probable 86. 86 TN Operational Resilience & Critical Infrastructure 2026-09-26 ### [Circular 2026-10 mandates annual ANCS-certified cyber audit and facial-recognition digital onboarding for payment institutions, effective ~25 Dec 2026.](https://payments.gi/jurisdictions/tunisia/#mb-w3) [Challenges.tn](https://www.challenges.tn/economie/paiement-mobile-en-tunisie-la-bct-resserre-les-regles-avec-sa-nouvelle-circulaire-n2026-10/) T3 Probable Also tracked by financial-integrity:D6 87. 87 US Legal & Litigation 2026-09-26 ### [Sixth Circuit ruled against Kalshi's CEA-preemption claim, deepening the circuit split; CFTC responded with two OMB rule filings on Sept 28, 2026 bearing on settlement/clearing of event-contract payment flows.](https://payments.gi/jurisdictions/united-states/#mb-w7) [The Block](https://www.theblock.co/news/regulation/2026-09-26-kalshi-loses-appeal-over-ohio-and-tennessee-sports-betting-laws-widening-circuit-split-416937) T3 Probable 88. 88 AE Conduct, Safeguarding & Financial Promotions 2026-09-21 ### [PTSR prohibits algorithmic stablecoins and privacy tokens outright, requires full fiat-reserve backing for Dirham Payment Tokens, and designates issuers as AML Obligors.](https://payments.gi/jurisdictions/united-arab-emirates/#mb-w1b) [The Consulting Journal](https://www.theconsultingjournal.com/articles/uae-stablecoin-rules-payment-businesses) T3 Probable Also tracked by crypto:token_classification 89. 89 BR Consumer Protection & APP Fraud 2026-09-18 ### [Deepfake-enabled fraud rose 830% through 2026; Pix fraud-flag reform is the direct regulatory response.](https://payments.gi/jurisdictions/brazil/#mb-w10) [Rio Times Online](https://www.riotimesonline.com/brazil-pix-rules-2026-fraud-flags-expats-need-to-know/) T3 Probable 90. 90 BR Scheme & Network Compliance 2026-09-18 ### [Resolução BCB nº 587 reforms Pix mandatory-participation, fraud-flag accountability and liquidation-exit rules.](https://payments.gi/jurisdictions/brazil/#mb-w4) [Rio Times Online](https://www.riotimesonline.com/brazil-pix-rules-central-bank-500000-accounts-2026/) T3 Probable 91. 91 PA Conduct, Safeguarding & Financial Promotions 2026-09-09 ### [SBP Acuerdo 7-2026 bans fees on in-branch cash withdrawals/deposits from savings/checking accounts, effective 25 August 2026.](https://payments.gi/jurisdictions/panama/#mb-w1b) [Infobae Panamá](https://www.infobae.com/panama/2026/09/09/superintendencia-limita-los-recargos-y-comisiones-que-podran-imponer-los-bancos-en-panama/) T3 Probable 92. 92 IN Licensing, Authorisation & Market Access 2026-09-04 ### [Payment aggregator re-KYC deadline passed with ~80% completion; capacity gap evidenced.](https://payments.gi/jurisdictions/india/#mb-w1a) [Business Today](https://www.businesstoday.in/latest/corporate/story/payment-aggregators-seek-more-time-from-rbi-to-complete-merchant-re-kyc-report-553334-2026-09-04) T3 Probable 93. 93 IN Product Innovation & Market Development 2026-09-01 ### [UPI zero-MDR era ends; 0.4% MDR on P2M above Rs2,000 effective 15 Oct 2026.](https://payments.gi/jurisdictions/india/#mb-w9) [Commerce Insights](https://www.commerceinsights.co.in/news-upi-mdr-2026-october-15-charges-explained.html) T3 Probable 94. 94 TH Conduct, Safeguarding & Financial Promotions 2026-07-23 ### [Draft Digital Channel Security Notification extends security duties and phases out SMS OTP.](https://payments.gi/jurisdictions/thailand/#mb-w1b) [Legal 500 / Tilleke & Gibbins](https://www.legal500.com/intelligence/thailand/finance-and-banking/bank-of-thailand-proposes-new-digital-channel-security-standards) T3 Probable 95. 95 NP Conduct, Safeguarding & Financial Promotions 2026-07-01 ### [NRB mandates National ID linkage for digital-wallet accounts with a mid-October 2026 deadline for existing NID holders; wallet transaction/balance caps under the Unified Directive.](https://payments.gi/jurisdictions/nepal/#mb-w1b) [ICT Byte](https://ictbyte.com/news/nepal-national-id-digital-wallet-mandate/) T3 Probable 96. 96 US-VT Product Innovation & Market Development 2026-06 ### [Act 142 creates a new commercial-financing licensing regime for sales-based financing and factoring, effective July 1, 2027.](https://payments.gi/jurisdictions/united-states-vermont/#mb-w9) [Consumer Financial Services Law Monitor](https://www.consumerfinancialserviceslawmonitor.com/2026/06/vermont-enacts-h-648-extending-licensing-and-conduct-rules-to-sales%E2%80%91based-financing-and-factoring/) T3 Probable 97. 97 NP Licensing, Authorisation & Market Access 2026-03-01 ### [Draft NRB Act 2058 amendment would formally define PSOs/PSPs/remittance companies/digital banks as 'financial institutions'; NRB circulars raised simplified-KYC threshold and mandated real-time settlement for interoperable QR payouts.](https://payments.gi/jurisdictions/nepal/#mb-w1a) [The Kathmandu Post](https://kathmandupost.com/national/2026/03/01/nepal-moves-to-redefine-digital-payments-under-nrb-law-stirring-debate-over-tax-regulatory-overlap) T3 Probable 98. 98 ID Operational Resilience & Critical Infrastructure 2026-01-09 ### [BI Reg 10/2025 Art 122 mandates domestic data/processing localisation for all payment-transaction processing.](https://payments.gi/jurisdictions/indonesia/#mb-w3) [Veritask (legal commentary)](https://veritask.ai/en/artikel/peraturan-bank-indonesia-nomor-10-tahun-2025-menata-ulang-industri-sistem-pembayaran) T3 Probable 99. 99 US-WV Consumer Protection & APP Fraud date pending ### [HB5353 imposes risk-disclosure, refund and daily transaction-limit protections on kiosk transactions, targeted at elder-fraud prevention.](https://payments.gi/jurisdictions/united-states-west-virginia/#mb-w10) [News and Sentinel](https://www.newsandsentinel.com/news/business/2026/02/bills-regulating-cryptocurrency-kiosks-on-the-move-in-w-va-legislature/) T3 Probable Also tracked by data-protection:children_and_vulnerable_groups 100. 100 KE Licensing, Authorisation & Market Access 2026-09-22 ### [Draft National Payment System Bill 2026 published 22 September 2026 to replace the National Payment System Act 2011, requiring any payment service provider or payment system operator to hold a CBK licence and codifying the KENEX v CBK ruling.](https://payments.gi/jurisdictions/kenya/#mb-w1a) [Streamlinefeed](https://streamlinefeed.co.ke/news/treasury-cbk-publish-national-payment-system-bill-2026-for-comments) T4 Probable ## Regulatory horizon - AE [DeFi/DEX/Web3 legal-track transition window closes](https://payments.gi/jurisdictions/united-arab-emirates/) closed 2026-09 quarter - AR [BCRA fraud-risk-management chapter full compliance deadline](https://payments.gi/jurisdictions/argentina/) 2027-09-01 quarter - AT [IBAN-name check extension to all transfer rails](https://payments.gi/jurisdictions/austria/) 2027 year - AU [Foreign-issued card interchange caps commence](https://payments.gi/jurisdictions/australia/) 2027-04-01 quarter - BE [EBA PSR/PSD3 implementation roadmap expected](https://payments.gi/jurisdictions/belgium/) 2026-Q2 half year - BR [Pix Automático for salary accounts](https://payments.gi/jurisdictions/brazil/) 2027-07-01 quarter - BR [Hybrid boleto/Pix QR code billing](https://payments.gi/jurisdictions/brazil/) 2027-02-01 quarter - CA-BC [RPAA sections 99-100 and 2026 scope amendments commencement](https://payments.gi/jurisdictions/canada-british-columbia/) 2026-Q4 half year - CH [SIC5 full-network participation deadline](https://payments.gi/jurisdictions/switzerland/) 2026-11-30 quarter - CL [Open Finance (SFA) full entry into force](https://payments.gi/jurisdictions/chile/) 2027-07 half year - CL [BCCh instant-payments consultation package expected](https://payments.gi/jurisdictions/chile/) 2026-Q4 half year - CR [SINPE Móvil business-payment tax-reporting consultation](https://payments.gi/jurisdictions/costa-rica/) 2026-Q4 half year - CW [National Ordinance on the Supervision of Payment Service Providers](https://payments.gi/jurisdictions/curacao/) 2027-Q2 year - CZ [EU Instant Payments Regulation euro-denominated deadline](https://payments.gi/jurisdictions/czech-republic/) 2027-01-09 quarter - CZ [CNB ASAP koruna instant-payments launch target](https://payments.gi/jurisdictions/czech-republic/) 2027 year - DE [PSD3/PSR formal adoption and publication](https://payments.gi/jurisdictions/germany/) 2026-Q4 half year - DE [ECB digital-euro pilot launch](https://payments.gi/jurisdictions/germany/) 2027-Q3 year - DZ [Djezzy Payment Services agrement application deadline](https://payments.gi/jurisdictions/algeria/) 2027-Q3 half year - ES [EPC VoP Rulebook v1.1 mandatory for SEPA participants](https://payments.gi/jurisdictions/spain/) closed 2026-09-20 quarter - FI [EU Instant Payments Regulation EMI/PI send-side and Verification-of-Payee compliance deadline](https://payments.gi/jurisdictions/finland/) 2027-04-09 quarter - FR [Mandatory ISO 20022 structured addresses for all SEPA payments](https://payments.gi/jurisdictions/france/) 2026-11-15 quarter - GG [GFSC Stablecoin Feedback and Rules Expected Autumn 2026](https://payments.gi/jurisdictions/guernsey/) 2026-Q4 quarter - GI [UK-Gibraltar temporary passporting bridge expires](https://payments.gi/jurisdictions/gibraltar/) 2026-12-31 quarter - GI [CASS 15 Supplementary Safeguarding Regime takes effect for UK-branched GI firms](https://payments.gi/jurisdictions/gibraltar/) closed 2026-05-07 quarter - GIB [Gibraltar-UK transitional passporting extension expires](https://payments.gi/jurisdictions/gibraltar/) 2026-12-31 quarter - GIB [Permanent Gibraltar Authorisation Regime (GAR) operability](https://payments.gi/jurisdictions/gibraltar/) 2027 year - GIB [Gibraltar MONEYVAL 6th-round mutual evaluation](https://payments.gi/jurisdictions/gibraltar/) 2027 year - GIB [GFSC Consumer Duty scope expansion to all retail customers](https://payments.gi/jurisdictions/gibraltar/) 2027 half year - HK [Banking Ordinance amendment bill targeted for LegCo introduction](https://payments.gi/jurisdictions/hong-kong/) 2026-Q4 half year - HR [EU PSD3/Payment Services Regulation adoption and national transposition](https://payments.gi/jurisdictions/croatia/) 2026-Q4 multi year - IE [CBI Payments and E-Money industry seminar](https://payments.gi/jurisdictions/ireland/) 2026-10-21 quarter - IN [UPI P2M MDR framework in force](https://payments.gi/jurisdictions/india/) 2026-10-15 quarter - IS [ISK instant-payments settlement via TARGET/TIPS](https://payments.gi/jurisdictions/iceland/) 2028 multi year - IT [PSD3/PSR formal adoption pending](https://payments.gi/jurisdictions/italy/) 2026-Q4 half year - IT [First mandatory PSP reporting on IPR compliance](https://payments.gi/jurisdictions/italy/) closed 2026-04 quarter - KE [National Payment System Bill 2026 public comment period closes](https://payments.gi/jurisdictions/kenya/) 2026-10-09 quarter - KR [Token-securities framework phases in under Electronic Securities Act amendment](https://payments.gi/jurisdictions/south-korea/) 2027-02-04 quarter - KR [FSC to publish proposed subordinate-regulation amendments for token securities](https://payments.gi/jurisdictions/south-korea/) 2026-Q3 quarter - LA [BOL expected to reopen NBFI/payment-provider licence applications under revised framework](https://payments.gi/jurisdictions/laos/) 2026-Q4 quarter - LATAM [Hybrid boleto/Pix-QR billing takes effect](https://payments.gi/jurisdictions/latin-america/) 2027-02-01 quarter - LATAM [Pix Automático for salary accounts takes effect](https://payments.gi/jurisdictions/latin-america/) 2027-07-01 quarter - LT [EMI Verified Payments capital-adequacy remediation deadline](https://payments.gi/jurisdictions/lithuania/) closed 2026-10-01 quarter - LT [AMLA Central Contact Points survey closes](https://payments.gi/jurisdictions/lithuania/) closed 2026-09-15 quarter - MX [Mexico Digital Economy Law committee review / possible enactment](https://payments.gi/jurisdictions/mexico/) 2026-Q4 half year - MY [Full CCA licensing compliance transition ends](https://payments.gi/jurisdictions/malaysia/) 2026-12-31 quarter - MY [BNM tech-risk policy full compliance deadline](https://payments.gi/jurisdictions/malaysia/) 2027-03-12 quarter - NG [Open Banking Registry phased go-live](https://payments.gi/jurisdictions/nigeria/) 2026-Q2 half year - NO [PSD3/PSR EEA-wide entry into force expected](https://payments.gi/jurisdictions/norway/) 2027-2028 multi year - NP [NID linkage deadline for existing digital-wallet holders](https://payments.gi/jurisdictions/nepal/) 2026-10-17 quarter - NP [NRB Act 2058 amendment consultation outcome](https://payments.gi/jurisdictions/nepal/) 2026-Q4 half year - PA [Draft Law 314 PSP/EMI licensing regime](https://payments.gi/jurisdictions/panama/) 2027-Q1 year - PH [BSP 12-month OPS registration freeze](https://payments.gi/jurisdictions/philippines/) 2026-Q4 half year - PL [Instant Payments Regulation extended to non-euro providers including Poland](https://payments.gi/jurisdictions/poland/) 2027-07-09 year - RO [OCT Inst cross-border instant-payment scheme in force](https://payments.gi/jurisdictions/romania/) closed 2026-07-01 quarter - RO [OCT Inst IT-compatibility deadline](https://payments.gi/jurisdictions/romania/) 2026-11-14 quarter - RS [NBS draft Law on Payment Services amendment package](https://payments.gi/jurisdictions/serbia/) 2026-Q4 half year - RS [NBS draft interchange-fee cap amendments](https://payments.gi/jurisdictions/serbia/) 2026-Q4 half year - RS [SEPA full PSP operational rollout](https://payments.gi/jurisdictions/serbia/) 2026-Q2 quarter - SA [CMA FinTech ExPermit Instructions consultation closes](https://payments.gi/jurisdictions/saudi-arabia/) closed 2026-05-27 quarter - SG [MAS PS Act stablecoin amendments consultation closes](https://payments.gi/jurisdictions/singapore/) 2026-10-16 quarter - TH [BOT BNPL mandatory licensing finalised](https://payments.gi/jurisdictions/thailand/) 2026-Q4 quarter - TH [BOT Digital Channel Security Notification finalised](https://payments.gi/jurisdictions/thailand/) 2026-Q4 quarter - TH [BOT money-changer licensing overhaul finalised](https://payments.gi/jurisdictions/thailand/) 2027-Q1 half year - TN [BCT Circular 2026-10 full compliance deadline](https://payments.gi/jurisdictions/tunisia/) 2026-12-25 quarter - TR [Remote-identification amendment for payment/e-money institutions in force](https://payments.gi/jurisdictions/turkey/) closed 2026-09-04 quarter - TR [MASAK large-transfer disclosure rule effective](https://payments.gi/jurisdictions/turkey/) closed 2026-01-01 quarter - TT [TT Payment Systems and Services Bill consultation ongoing](https://payments.gi/jurisdictions/trinidad-and-tobago/) 2026-Q4 half year - UAE [New CBUAE Law full compliance deadline for newly-in-scope entities](https://payments.gi/jurisdictions/united-arab-emirates/) closed 2026-09-16 quarter - UAE [Ongoing rollout of RPSCS-replacement sub-regulations under the New CBUAE Law](https://payments.gi/jurisdictions/united-arab-emirates/) 2026-Q4 half year - UK [PSR formal consultation on APP fraud reimbursement next steps](https://payments.gi/jurisdictions/united-kingdom/) 2026-Q4 quarter - US [GENIUS Act full stablecoin issuance/offer/sale rulemaking](https://payments.gi/jurisdictions/united-states/) 2027-Q1 quarter - US-AK [Alaska SB 86 money-transmission modernization in force](https://payments.gi/jurisdictions/united-states-alaska/) closed 2026-10-01 quarter - US-AK [Alaska SB 249 virtual-currency kiosk regime in force](https://payments.gi/jurisdictions/united-states-alaska/) closed 2026-10-01 quarter - US-DE [SB18/SB19 substantive provisions become operative](https://payments.gi/jurisdictions/united-states-delaware/) 2027-07-06 quarter - US-FL [Florida virtual-currency-kiosk MSB registration general effective date](https://payments.gi/jurisdictions/united-states-florida/) 2027-01-01 quarter - US-FL [Florida kiosk operator registration deadline for existing operators](https://payments.gi/jurisdictions/united-states-florida/) 2027-01-31 quarter - US-HI [Hawaii Digital Asset Charter program takes effect](https://payments.gi/jurisdictions/united-states-hawaii/) 2027-01-01 half year - US-ID [Idaho excise tax on international money transmissions (S1440)](https://payments.gi/jurisdictions/united-states-idaho/) 2027-Q1 year - US-IL [Illinois Digital Asset Tax Act broker registration and transaction tax effective](https://payments.gi/jurisdictions/united-states-illinois/) 2027-01-01 quarter - US-KY [Kentucky virtual-currency-kiosk licensing regime (SB 189) in force](https://payments.gi/jurisdictions/united-states-kentucky/) 2027-04-30 quarter - US-MN [Minnesota virtual-currency kiosk prohibition takes effect](https://payments.gi/jurisdictions/united-states-minnesota/) closed 2026-08-01 quarter - US-NC [NC Virtual Currency Kiosk Consumer Protection Act implementing rules due](https://payments.gi/jurisdictions/united-states-north-carolina/) 2026-12-01 quarter - US-NC [NC Virtual Currency Kiosk Consumer Protection Act commences](https://payments.gi/jurisdictions/united-states-north-carolina/) 2027-01-01 quarter - US-NE [NDBF Foreign Adversary Certification Order compliance deadline](https://payments.gi/jurisdictions/united-states-nebraska/) 2026-Q4 quarter - US-NH [RSA 399-G:15(II)(d) repeal and RSA 399-G:18(III) amendment in force](https://payments.gi/jurisdictions/united-states-new-hampshire/) closed 2026-10-01 quarter - US-NJ [NJ Digital Asset and Blockchain Technology Act (A3454) — pending licensing regime](https://payments.gi/jurisdictions/united-states-new-jersey/) 2027-Q1 multi year - US-OH [Ohio HB 648 kiosk licensure and disclosure requirements](https://payments.gi/jurisdictions/united-states-ohio/) 2027-Q1 half year - US-SC [S.4592 virtual-currency-kiosk MTL requirement](https://payments.gi/jurisdictions/united-states-south-carolina/) 2027-Q1 year - US-UT [HB 141 international remittance tax — final disposition unresolved](https://payments.gi/jurisdictions/united-states-utah/) 2027-Q1 half year - US-VT [Vermont commercial financing licensing regime in force](https://payments.gi/jurisdictions/united-states-vermont/) 2027-07-01 quarter - US-WV [WV virtual-currency kiosk NMLS licensure deadline](https://payments.gi/jurisdictions/united-states-west-virginia/) 2026-11-01 quarter - US-WY [Wyoming MMTMA adoption draft (27LSO-0137) outcome](https://payments.gi/jurisdictions/united-states-wyoming/) 2026-Q4 half year - US-WY [Wyoming kiosk civil-penalty draft (27LSO-0138) outcome](https://payments.gi/jurisdictions/united-states-wyoming/) 2026-Q4 half year - USA [GENIUS Act statutory backstop effective date](https://payments.gi/jurisdictions/united-states/) 2027-01-18 half year - USA [GENIUS Act final implementing rules statutory deadline](https://payments.gi/jurisdictions/united-states/) closed 2026-07-18 quarter - USA [California DFAL licensing requirement in force](https://payments.gi/jurisdictions/united-states/) closed 2026-07-01 quarter - USA [CFPB revised Section 1033 rule anticipated publication](https://payments.gi/jurisdictions/united-states/) 2026-Q3 half year - UY [BCU strong-authentication (2FA) regime in effect](https://payments.gi/jurisdictions/uruguay/) closed 2026-10-01 quarter - UY [Ley de Competitividad (Open Finance/sandbox) Chamber of Deputies progress](https://payments.gi/jurisdictions/uruguay/) 2026-Q4 half year - VE [OFAC General Licence 5 effectiveness further delayed](https://payments.gi/jurisdictions/venezuela/) 2026-11-05 quarter - ZM [National Payment System Act, 2026 commencement pending](https://payments.gi/jurisdictions/zambia/) 2027-Q1 year