Insights Archive

March 31, 2023

Week In Crypto: US Regulator Goes In For The Kill On Binance

The Commodity Futures Trading Commission has filed a major lawsuit against Binance, the world’s largest crypto exchange, seeking its expulsion from the US market and the forfeiture of all its earnings to date.

March 31, 2023

Daily Dash: Singapore Regulator Confirms Action After ’Unacceptable’ DBS Outage

Singapore’s banking regulator is to take further action against DBS Bank after new outage, Germany’s government reported to be creating a new financial crime watchdog, US senators plot to clawback earnings of failed bank executives and Sam Bankman-Fried In court over Chinese government bribe charges.

March 31, 2023

Neymar's Twitch Gambling Stream Puts Rules To Test

Brazilian football star Neymar da Silva Santos Júnior’s recent Twitch streams promoting gambling are causing other members of the platform to question how the site enforces its content restrictions.

March 31, 2023

UPDATE: Kentucky Governor Signs Sports-Betting Into Law

Governor Andy Beshear signed a bill Friday to legalize sports betting in Kentucky, putting his signature on House Bill 551 less than a day after the Senate approved the measure on the final day of the 2023 legislative session.

March 31, 2023

New Hampshire Senate Gives Green Light To Online Casino Legislation

New Hampshire’s Senate became the first U.S. state legislative chamber in 2023 to pass legislation permitting online casino, but did so with one significant caveat.

March 31, 2023

Spanish Lawyers Label Royal Decree Disproportionate

Legal experts in Spain have said that the recent Royal Decree on Safer Gambling is disproportionate to the rates of problem gambling in the country.

March 31, 2023

News In Brief: March 27-March 31, 2023

The Greek gambling regulator will use AI to map problem gambling, a Canadian province reorganises its gambling market and a South Carolina sports-betting bill progresses.

March 30, 2023

All Change As Malaysia Moves To Break Up Touch ’N Go Transport Monopoly

As the Malaysian government moves towards ending Touch 'n Go's two-decade monopoly on toll booth and transport payments, how significantly will this affect the country’s wider payments market?

March 30, 2023

EPC Releases Rulebook For Multicurrency Instant Payments

The European Payments Council (EPC) has published the first One-Leg Out Instant Credit Transfer (OCT Inst) scheme rulebook, which governs how the euro leg of cross-border instant payments should work.

March 30, 2023

North Carolina Sports-Betting Bill Clears Chamber While Georgia Efforts Fade

One southeastern U.S. state took its biggest step yet toward sports-betting legalization, but another saw its 2023 session end with legislation dying once again.

March 30, 2023

Sprawling Czech Amendments Target Black Market

Newly-published amendments to Czech gambling law would give authorities powers to go after the black market, require licensed operators to display an emergency “panic button” at all times and ban many forms of bonuses.

March 30, 2023

Chilean Authority Warns Online Gambling Winnings Are Taxable

After denying allegedly illegal offshore operators the ability to pay digital VAT, Chile’s tax authority has reminded Chileans that they must still declare additional income from online gambling winnings.

March 30, 2023

Illinois VGT Czar Says Don't Hold Your Breath On Internet Gaming

The leader of the industry dominating the Illinois gaming market on Wednesday reiterated his firm opposition to bills in the state legislature seeking to legalize online casino games.

March 30, 2023

Chhattisgarh State Legalises Online Skill Gaming With Stakes

The Indian state of Chhattisgarh has legalised land-based and online skill gaming with stakes, becoming the third jurisdiction in the nation to codify online gambling after the state of Meghalaya withdrew its gaming law.

March 29, 2023

Long Road To Least-Cost Routing: RBA Publishes First Progress Report

As promised, the Reserve Bank of Australia (RBA) has begun publishing reports on the availability of least-cost routing for in-person debit card payments, in an effort to help merchants reduce costs.

March 29, 2023

Progress For EU AML Package After Committee Approval

Parliamentary committees leading on the EU’s new anti-money laundering (AML) package have adopted a position that can be voted on by their colleagues next month.

March 29, 2023

Atlantic Money Takes Wise Complaint To Brussels

Money transfer firm Atlantic Money has confirmed it has escalated its antitrust claim against Wise to the European Commission’s competition department.

March 29, 2023

Start Of A New Paze - US Banks Unveil New Digital Wallet Solution

US banks are planning to introduce a new digital wallet solution called Paze to compete with rivals such as Apple Pay, Google Pay and PayPal.

March 29, 2023

Opposition Grows To Belgian Advertising Ban

Opposition to a planned Belgian ban on gambling advertising is rising, with media groups joining the country’s major sports organisations in speaking out against the ban due to take effect on July 1.

March 29, 2023

Kansas Lawmakers Warned Of IGRA Violation With Tribal Sports-Betting Bill

A bill that would allow federally-recognized tribes in Kansas to negotiate gaming compacts with the governor for mobile sports betting “outside the boundaries of Indian land” is being opposed by commercial casino operators who believe it would violate both state and federal law.

March 29, 2023

North Carolina Sports-Betting Bill Clears Key House Vote

Online sports-betting legislation in North Carolina cleared a key hurdle on Tuesday, earning a favorable vote in the state's House of Representatives where it failed to receive one last year.