Previous editions

Archived edition for the week of 2026-09-20, as published that week.

Roundup

WorldPayments Monitor — 2026-09-20

100 developments, ranked within this monitor. Assembled deterministically from the most recent periodic union run for this consumer — no model wrote this page, and no other monitor's coverage affects it.

12 of 436 ranked developments are withheld because their jurisdiction emitted no evidential publication gate this cycle. They are not missing and this is not a quiet week — they are unpublished pending that gate. Gate verdicts across all 436 ranked developments: ABSENT 3, BLOCK 3, MISSING 6, PASS 424.

324 further gate-open developments fall below this edition's cut and are held for the per-jurisdiction pages.

Developments

  1. 1

    CILicensing, Authorisation & Market Access2026-09-22

    BCEAO's 28 February 2026 payment-institution list shows nine agréments in CI (second-highest in UEMOA after Senegal); the Banking Commission's 22 May 2025 list shows three e-money issuers, plus BCEAO's own register naming four dedicated EME entities.

    BCEAOT1Confirmed

  2. 2

    US-KYLicensing, Authorisation & Market Access2026-09-22

    SB134 modifies KY's statutory definition of money transmission to cover 'another medium of exchange' (virtual currency clarification) and moves MTL renewal deadline from September 20 to December 31.

    Kentucky Legislative Research CommissionT1Confirmed

  3. 3

    CLLicensing, Authorisation & Market Access2026-09-21

    Ley 21.521 brings seven new digital-finance business models within CMF licensing perimeter; NCG N502 requires pre-commencement notification; SFA reached full operative status July 2026.

    Comision para el Mercado Financiero (CMF)T1Confirmed

  4. 4

    NLLicensing, Authorisation & Market Access2026-09-21

    PSD3/PSR political agreement reached, expected 2026 adoption with ~18-month transposition window; EMIs will need PI reauthorisation.

    De Nederlandsche BankT1Confirmed

  5. 5

    NPLicensing, Authorisation & Market Access2026-09-21

    NRB published a five-year Fintech Strategy and opened its first regulatory sandbox; KYC threshold for wallet onboarding raised to NPR 10,000.

    Nepal Rastra BankT1Confirmed

  6. 6

    NPProduct Innovation & Market Development2026-09-21

    Wholesale CBDC pilot underway with full rollout targeted 2026; NepalPay QR reached 85% of registered merchants; digital-payment transaction value crossed NPR 1.2 trillion in Q2 2026.

    Bank for International SettlementsT1Confirmed

  7. 7

    SEOperational Resilience & Critical Infrastructure2026-09-21

    RIX-INST underlies Swedish instant payments; Payments Report 2026 sets March 2027 target for A2A instant transfers beyond Swish, with EU-modelled legislation threatened if market fails to move.

    Sveriges RiksbankT1Confirmed

  8. 8

    SEProduct Innovation & Market Development2026-09-21

    Riksbank recommends inquiry into e-krona enabling legislation contingent on digital-euro regulation; NPC's NOLO scheme in development for cross-Scandinavian payment info standardisation.

    Sveriges RiksbankT1Confirmed

  9. 9

    US-AZConduct, Safeguarding & Financial Promotions2026-09-21

    SB1034 requires money transmitters to communicate consumer fraud warnings BEFORE transmission, removing a prior font-size mandate.

    Arizona State LegislatureT1Confirmed

    Also tracked by crypto:consumer_protection

  10. 10

    US-TNLicensing, Authorisation & Market Access2026-09-21

    Statewide crypto-ATM ban narrows market access for a specific cash-in channel; TDFI's fiat-conversion boundary for MTL scope remains carried forward unchanged.

    Tennessee Department of Financial InstitutionsT1Confirmed

    Also tracked by crypto:crypto_licensing

  11. 11

    IELicensing, Authorisation & Market Access2026-09-14

    Final PSD3/PSR legislative texts published April 2026 to merge PI/EMI authorisation categories and tighten safeguarding.

    Central Bank of IrelandT1Confirmed

  12. 12

    KZPayment Corridor Dynamics2026-09-14

    National Bank's upgraded Instant Payment System supports 24/7 phone-number/QR interbank transfers; unified interbank QR acceptance scheme (launched Nov 2025) scaling nationwide through 2026; IMTS processes >97% of FX/securities/banking-sector payments and is classified…

    National Bank of KazakhstanT1Confirmed

  13. 13

    US-WALicensing, Authorisation & Market Access2026-09-14

    DFI actively enforcing UMSA against digital-asset money transmitters/kiosk operators.

    Washington State Department of Financial InstitutionsT1Confirmed

    Also tracked by crypto:crypto_licensing

  14. 14

    ZACorrespondent Banking, Settlement & Access2026-09-14

    SARB directly absorbs payment-institution licensing/authorisation/registration functions formerly delegated to PASA; SARB confirms everyday payment services (card, EFT, debit order, ATM) unaffected by the transition.

    South African Reserve Bank (SARB)T1Confirmed

  15. 15

    SIOperational Resilience & Critical Infrastructure2026-09-11

    BSI rolled out instant-payment sending and payee-verification services to public-sector budget spending units; expanding ZPlaSSIED-based IPR-compliance supervision of PSPs.

    Banka SlovenijeT1Confirmed

  16. 16

    RUCorrespondent Banking, Settlement & Access2026-09-05

    OFAC SPFS alert plus EU 21st sanctions package banking-sector designations (90+ institutions) further narrow correspondent-access options for Russian banks.

    OFACT1Confirmed

  17. 17

    ZALicensing, Authorisation & Market Access2026-09-02

    SARB withdrew PASA's PSMB recognition effective 2 September 2026; licensing/authorisation functions transfer to SARB directly; NPS Act amendment targets an activity-based non-bank licensing regime for 2026.

    SAnews (South African Government News Agency)T1Confirmed

  18. 18

    AUStablecoins & Digital Money2026-09-01

    RBA's Sept 2026 CBDC/stablecoin update reaffirms no high stablecoin adoption but flags growing issuance interest as licensing framework approaches.

    Reserve Bank of Australia (RBA)T1Confirmed

  19. 19

    CA-BCOperational Resilience & Critical Infrastructure2026-08-24

    RTR By-law (Canadian Payments Association By-law No. 10) and RTR Rules received all necessary approvals, taking effect August 24, 2026; settles in central bank money via ISO 20022, 24/7/365.

    Payments CanadaT1Confirmed

  20. 20

    AULicensing, Authorisation & Market Access2026-08-07

    RBA Review of Payments System Regulation entered prioritisation phase; Cash Distribution Framework Act 2026 commenced; ASIC digital-asset licensing deadline (30 Sept 2026) and Digital Assets Framework Act 2026 commencement (9 Apr 2027) advancing; PSB endorsed ASX FSS assessment.

    Reserve Bank of Australia (RBA)T1Confirmed

  21. 21

    RWPayment Corridor Dynamics2026-07-14

    BNR designated eKash as Rwanda's national instant payment system, operated by RSwitch, effective 14 July 2026 under Directive No. 45/2026, capped at RWF 20 per transaction (up to RWF 10 million per transfer).

    National Bank of Rwanda (BNR)T1Confirmed

  22. 22

    IMConduct, Safeguarding & Financial Promotions2026-07-08

    Crown Dependencies agreed common APP fraud principles, initial scope retail banking/sterling Faster Payments/CHAPS; diverges from UK/EU by not adopting inter-bank cost-sharing.

    Isle of Man Financial Services AuthorityT1Confirmed

  23. 25

    BELicensing, Authorisation & Market Access2026-07-01

    Belgian MiCA implementing law splits CASP authorisation/supervision between FSMA and NBB; transitional regime expired 1 Jul 2026 with six unauthorised providers named.

    FSMAT1Confirmed

  24. 26

    CLProduct Innovation & Market Development2026-07-01

    SFA (Open Finance) reached full entry into force July 2026; secondary commentary frames Ley Fintec's broadened financial-instrument definition as tokenisation-enabling, though no dedicated CMF tokenisation instrument was identified.

    Comision para el Mercado Financiero (CMF)T1Confirmed

  25. 27

    NZLicensing, Authorisation & Market Access2026-07-01

    FMA replaces Commerce Commission as regulator for CCCFA consumer credit from 1 July 2026; existing certified lenders auto-transition to FMA market-services licence.

    Financial Markets AuthorityT1Confirmed

  26. 28

    US-KSLicensing, Authorisation & Market Access2026-07-01

    HB 2591 amends the KMTA so virtual-currency kiosk operation is deemed money transmission requiring licensure, effective July 1, 2026.

    Kansas Register (Secretary of State)T1Confirmed

    Also tracked by crypto:crypto_licensing, financial-integrity:D5

  27. 29

    US-LALicensing, Authorisation & Market Access2026-07-01

    LMTA (Act 888/HB1230) repeals the 1966 money-transmission statute and enacts a CSBS-model NMLS-based licensing regime, effective 2026-07-01.

    Louisiana Legislature (House Legislative Services digest, HB 1230)T1Confirmed

  28. 30

    CAIndustry Structure & Commercial Dynamics2026-06-27

    Consumer-Driven Banking Act (CDBA) received Royal Assent 26 March 2026 as part of Bill C-15, shifting open-banking oversight from FCAC to the Bank of Canada; proposed Consumer-Driven Banking Regulations gazetted 27 June 2026 (comment period closed 26 August 2026); Big Six…

    Canada Gazette, Part IT1Confirmed

  29. 31

    ECLicensing, Authorisation & Market Access2026-06-18

    BCE issued Resolución JPRFM-2026-029-M (18 Jun 2026) amending real-time-payment and payment-key definitions and confirming BCE as sole inter-network clearer once the SIP is enabled; BCE-GG-008-2025 sets cybersecurity/connection standards for the SIP/RPI.

    Junta de Política y Regulación Financiera y MonetariaT1Confirmed

  30. 32

    US-NYStablecoins & Digital Money2026-06-09

    NYDFS proposed 23 NYCRR Part 202 to align its stablecoin regime with the federal GENIUS Act, adding reserve-concentration limits and risk-management-program requirements. Note: this module (w2_stablecoins_digital_money) is subscribed from crypto; this WPM row carries only the…

    New York Department of Financial ServicesT1Confirmed

  31. 33

    SAProduct Innovation & Market Development2026-05-27

    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).

    Saudi Exchange (Tadawul)T1Confirmed

  32. 34

    KELicensing, Authorisation & Market Access2026-05-15

    High Court confirmed wide CBK PSP jurisdiction under NPS Act 2011; non-resident fintechs must incorporate locally, no foreign-licence recognition.

    Central Bank of Kenya (CBK)T1Confirmed

  33. 35

    SGLicensing, Authorisation & Market Access2026-05-14

    MAS revoked BSQ's Major Payment Institution licence (effective 14 May 2026); DTSP regime for offshore-only entities remains a high-bar, default-non-issuance lane since 30 June 2025.

    Monetary Authority of SingaporeT1Confirmed

    Also tracked by crypto:consumer_protection

  34. 36

    US-UTLicensing, Authorisation & Market Access2026-05-06

    HB72 enacts Title 13 Ch. 82 kiosk registration; SB173's alternative DFI-licensing route status unconfirmed; general MTL net-worth minimum $1M standing.

    Utah State LegislatureT1Confirmed

    Also tracked by crypto:consumer_protection

  35. 37

    KZLicensing, Authorisation & Market Access2026-05-01

    From 1 May 2026, crypto-exchange operators require an NBK licence and DFA trading-platform operators complete NBK registration under the Digital Assets Law; the AIFC retains a parallel AFSA-licensed regime.

    National Bank of KazakhstanT1Confirmed

    Also tracked by crypto:crypto_licensing

  36. 38

    MHCorrespondent Banking, Settlement & Access2026-04-22

    Baseline established: correspondent-banking access is RMI's most acute payments vulnerability (~700 CBRs lost since 2008; sole remaining CBR under threat since 2014); FDIC final rule (eff. 22 Apr 2026) clarifies deposit-insurance coverage.

    Federal Register (U.S. National Archives)T1Confirmed

  37. 39

    US-NEPayment Corridor Dynamics2026-04-14

    LB838 imposes a 25% excise tax on remittance transfers to designated foreign-adversary countries via licensed money transmitters, operative July 1, 2026.

    Nebraska Legislature — LB838 Slip LawT1Confirmed

  38. 40

    US-WILicensing, Authorisation & Market Access2026-04-08

    2025 Act 226 creates a kiosk-specific licensing sub-track under Ch. 217 money-transmitter regime.

    Wisconsin State LegislatureT1Confirmed

    Also tracked by crypto:crypto_licensing, financial-integrity:D5

  39. 41

    US-WVLicensing, Authorisation & Market Access2026-04-01

    HB 5353 brings virtual currency kiosks within MTL licensure; SB 887 pending as companion amendment.

    WV Legislature — HB 5353 textT1Confirmed

    Also tracked by crypto:crypto_licensing, data-protection:sectoral_watch, financial-integrity:D5

  40. 42

    SALicensing, Authorisation & Market Access2026-03-26

    SAMA moved open banking from sandbox testing to formal licensing, granting first licences to two fintechs on 26 March 2026.

    Saudi Press AgencyT1Confirmed

  41. 43

    US-CTConduct, Safeguarding & Financial Promotions2026-03-09

    Active enforcement (March 2026 kiosk licence suspension) for Sec. 36a-613 disclosure/fee/refund violations.

    Connecticut Department of BankingT1Confirmed

  42. 44

    NZPayment Corridor Dynamics2026-03-05

    Open-banking regulations under the Customer and Product Data Act 2025 came into force 1 December 2025, requiring the big-4 banks to expose standardised APIs; Commerce Commission's March 2026 letter records API v2.3 progress.

    Commerce CommissionT1Confirmed

  43. 45

    ARLicensing, Authorisation & Market Access2026-03-02

    BCRA Com. A 8406 conditions access to the new Cobro con Transferencia service on PSP/Non-Financial Credit Provider registration; interim email-based habilitación accepted pending registry adequacy.

    BCRAT1Confirmed

  44. 46

    US-SDIndustry Structure & Commercial Dynamics2026-03-01

    Carlyle Group filed to acquire a controlling interest in MAI Trust Company (Sioux Falls); HRK Trust Company filed to surrender its charter.

    SD Division of BankingT1Confirmed

  45. 47

    HKLicensing, Authorisation & Market Access2026-02-13

    HKMA published consultation conclusions on Banking Ordinance enhancements and will introduce an amendment bill to LegCo in 2026; PSSVFO (Cap. 584) SVF-issuer licensing regime and s.33Q pecuniary-penalty power confirmed as standing architecture.

    Hong Kong Monetary AuthorityT1Confirmed

  46. 48

    CNCorrespondent Banking, Settlement & Access2026-02-01

    PBOC revised CIPS business rules effective 1 Feb 2026: standardised account registration, settlement-fund ownership, liquidity/queue management, cancellation/return handling; mixed RTGS/net-settlement structure formalised; mandate expanded to offshore-RMB and foreign-currency…

    The State Council of China / english.www.gov.cnT1Confirmed

  47. 49

    US-MELicensing, Authorisation & Market Access2026-01-31

    All existing Maine money-transmitter licensees must convert surety bonds to Electronic Surety Bonds via NMLS by 2026-01-31; virtual currency kiosk operators are now a distinct licensed sub-category under 32 M.R.S. c.80 (PL 2025, c.285).

    Maine Bureau of Consumer Credit ProtectionT1Confirmed

  48. 50

    LVLicensing, Authorisation & Market Access2026-01-06

    Specialised credit institution licence class introduced (EUR 1M capital vs EUR 5M for full bank licence), in force 6 January 2026; Latvijas Banka reports 15 firms in active licensing and 29 in pre-licensing consultation.

    Chambers and PartnersT1Confirmed

  49. 51

    US-MECorrespondent Banking, Settlement & Access2026-01-05

    Bitcoin Depot's January 2026 consent agreement tied kiosk market access directly to obtaining a Maine money-transmitter licence.

    Maine Bureau of Consumer Credit ProtectionT1Confirmed

  50. 52

    COConduct, Safeguarding & Financial Promotions2026-01-01

    BanRep tightened incident-transparency and user-notification obligations for Bre-B participants in 2026.

    Banco de la RepúblicaT1Confirmed

  51. 53

    COPayment Corridor Dynamics2026-01-01

    Bre-B scaled to 218 participating entities by January 2026 and over 500 million transactions / 100 million payment keys by mid-2026.

    Banco de la RepúblicaT1Confirmed

  52. 54

    MAPayment Corridor Dynamics2026-01-01

    IGOC 2026 (in force 1 Jan 2026) liberalises repatriation, M&A guarantee and digital-business FX access rules while preserving capital-account controls.

    Office des ChangesT1Confirmed

  53. 55

    US-MNLicensing, Authorisation & Market Access2026-01-01

    Virtual-currency disclosure rules (eff Jan 1 2026) and new kiosk-operation prohibition (eff Aug 1 2026) both enacted under Minn. Stat. ch. 53B.

    Minnesota Department of CommerceT1Confirmed

    Also tracked by crypto:crypto_licensing, financial-integrity:D5

  54. 56

    PTLicensing, Authorisation & Market Access2025-12-31

    PSD3/PSR provisional political agreement (Nov 2025) reached national-representative approval stage 22 April 2026; PSD2 (DL 91/2018) remains in force pending transposition.

    Banco de Portugal — Report on Payment Systems 2025T1Confirmed

  55. 57

    MHStablecoins & Digital Money2025-12-04

    Baseline established: 2018 Sovereign Currency Act repealed Aug 2025; Lomalo/USDM1 launched Nov-Dec 2025 as US-Treasury-collateralised digital sovereign bond; IMF opposes further global scaling.

    International Monetary FundT1Confirmed

  56. 58

    NZScheme & Network Compliance2025-12-01

    Mastercard and Visa Interchange Fee Network Standard 2025 revoked and replaced the initial pricing standard under the Retail Payment System Act 2022 from 1 December 2025, saving NZ businesses an estimated NZD90 million annually.

    Commerce CommissionT1Confirmed

  57. 59

    MXCorrespondent Banking, Settlement & Access2025-11-13

    FinCEN's proposed Section 311 special measure against ten MX gambling establishments would prohibit correspondent accounts for foreign banks processing their transactions; FinCEN's amended CIBanco order permits only wind-down transactions.

    Federal Register / FinCENT1Confirmed

    Also tracked by financial-integrity:D1

  58. 60

    US-OKLicensing, Authorisation & Market Access2025-11-01

    Full recodification of Oklahoma money-transmission licensing regime (HB 3521) effective 2026-11-01, raising renewal fee to $3,000 and introducing $4,000 change-of-control fee; digital asset kiosk operators required to hold a money transmitter license since Nov 2025.

    Oklahoma State Banking DepartmentT1Confirmed

    Also tracked by financial-integrity:D5

  59. 61

    INLicensing, Authorisation & Market Access2025-09-15

    RBI's consolidated PA Directions 2025 (effective 15 Sept 2025) rationalise PA-O/PA-CB/PA-P categories with rolling compliance deadlines through 2026: PA-P wind-up by 28 Feb 2026 absent authorisation application, CKYCR merchant KYC mandatory from 1 Jan 2026, extended CDD…

    AZB & PartnersT1Confirmed

  60. 62

    CA-QCLicensing, Authorisation & Market Access2025-09-08

    RPAA registration in force since 1 Nov 2024; risk-management/safeguarding requirements in force 8 Sept 2025; first PSP annual report due 31 Mar 2026; Quebec MSBA licence layers on top for MSB-classified PSPs.

    Bank of CanadaT1Confirmed

  61. 63

    US-NELicensing, Authorisation & Market Access2025-09-03

    General MTL regime absorbed three targeted amendments (LB609 crypto-kiosk licensing, LB717 digital-asset-depository cross-references, LB838 foreign-adversary eligibility bar plus 25% remittance excise tax).

    Nebraska Dept. of Banking and FinanceT1Confirmed

  62. 64

    US-PALicensing, Authorisation & Market Access2025-08-26

    Act 7 of 2025 expands PA's money-transmitter law to cover virtual-currency transmission; DoBS rescinded its 2024 interpretive Statement of Policy as redundant.

    PA Department of Banking and SecuritiesT1Confirmed

    Also tracked by crypto:crypto_licensing, financial-integrity:D5

  63. 65

    US-NDOperational Resilience & Critical Infrastructure2025-08-01

    2025 HB 1127 created ch. 13-01.2, the first ND-specific operational-resilience/cyber mandate reaching payments nonbanks, with a 45-day/≥500-consumer DFI breach-notification trigger.

    HB 1127 (2025) bill overviewT1Confirmed

    Also tracked by financial-integrity:D6

  64. 66

    US-DCProduct Innovation & Market Development2025-07-18

    GENIUS Act stablecoin framework mid-rulemaking: OCC NPRM (Feb 2026), FDIC NPRM (Apr 2026), Treasury NPRM (Aug 2026, comment to Oct 19, 2026); substantive effect Jan 18, 2027 or 120 days after final rules.

    OCCT1Confirmed

  65. 68

    DKCorrespondent Banking, Settlement & Access2025-04-01

    From April 2025, EMIs and PIs may become direct settlement account holders at Danmarks Nationalbank for instant-payment settlement, widening direct access to Danish payment infrastructure.

    Danmarks NationalbankT1Confirmed

  66. 69

    EEAOperational Resilience & Critical Infrastructure2025-02-20

    DORA fully in force EEA-wide since 1 July 2025; Norway and Liechtenstein enacted national implementing legislation.

    EFTA — Joint Committee financial-services decisionsT1Confirmed

  67. 70

    PKOperational Resilience & Critical Infrastructure2025-01-01

    SBP Technology Risk Management Framework for Payment Institutions sets cyber-risk-control, governance and incident-reporting requirements, 31 March 2026 compliance deadline; Raast Participation Criteria set requirements for direct scheme participants.

    State Bank of Pakistan — Payment Systems DepartmentT1Confirmed

  68. 71

    FRPayment Corridor Dynamics2024-12-01

    Wero has replaced Paylib as the operative P2P rail in France; e-commerce pilot expanded since spring 2026; EuroPA interoperability agreement (Feb 2026) with Bizum, Bancomat Pay, MB WAY and Vipps MobilePay.

    Banque de France — Wero explainer pageT1Confirmed

  69. 72

    UAPayment Corridor Dynamics2024-12-01

    SEP 4.1 launched December 2024 enabling instant credit transfers implementing EU Regulation 2024/886; Ukraine declared SEPA-accession intent June 2025, conditioned on AML-strengthening and a full bank-account register.

    National Bank of UkraineT1Confirmed

  70. 73

    CALicensing, Authorisation & Market Access2024-11-01

    RPAA registration provisions (1 Nov 2024) and risk-management/funds-safeguarding requirements (8 Sep 2025) are now fully in force; Bank of Canada launched a public PSP registry in October 2025; RPAA statute last amended 26 March 2026 via Bill C-15.

    Bank of CanadaT1Confirmed

  71. 74

    US-NHLicensing, Authorisation & Market Access2024-10-22

    RSA 399-G revised by HB 1241; transition expires 2026-01-01; HB 639 exempts node operators/miners/stakers.

    New Hampshire Banking DepartmentT1Confirmed

  72. 75

    US-MOLicensing, Authorisation & Market Access2024-08-28

    MTMA (Mo. Rev. Stat. §§361.900-361.1035) took effect 28 Aug 2024, replacing the Sale of Checks Law; Missouri uses NMLS and is one of only three US jurisdictions with no surety-bond requirement.

    Missouri Revisor of StatutesT1Confirmed

  73. 76

    US-MOConduct, Safeguarding & Financial Promotions2024-08-28

    MTMA's purpose clause frames safety/soundness modernisation as a statutory objective; licensure expects evidence of FinCEN MSB registration as a conduct/AML-adjacent condition.

    Missouri Revisor of StatutesT1Confirmed

  74. 77

    US-SCLicensing, Authorisation & Market Access2024-07-02

    S.163 signed (crypto/CBDC carve-outs to MTL); H.4592 (kiosk MTL) and H.4251 (immigration-fund transfer fee) pending.

    South Carolina Attorney GeneralT1Confirmed

  75. 78

    HRPayment Corridor Dynamics2024-04-13

    EU Instant Payments Regulation (EU) 2024/886 binding on Croatian PSPs: mandatory receipt of SEPA Instant Credit Transfers from 9 Jan 2025, mandatory sending from 9 Oct 2025, €100,000 per-transaction cap; settled via TARGET-HR/TIPS.

    EUR-Lex — Regulation (EU) 2024/886 (Instant Payments Regulation)T1Confirmed

  76. 79

    US-NDLicensing, Authorisation & Market Access2023-08-01

    MTMA ch. 13-09.1 confirmed as operative money-transmission licensing regime, with a distinct virtual-currency fee formula; legacy ch. 13-09 repealed 2023.

    ND Century Code ch. 13-09.1 (Money Transmitters)T1Confirmed

    Also tracked by crypto:crypto_licensing

  77. 80

    BDLicensing, Authorisation & Market Access2022-02-15

    New card-to-MFS cash-out linkage security rules effective 1 August 2026.

    Bangladesh Bank, Payment Systems DepartmentT1Confirmed

  78. 81

    IDPayment Corridor Dynamics2022-01-01

    QRIS domestic volume surged 100% YoY to 12.55bn transactions H1 2026; BI launched live cross-border QRIS service with China (30 Apr 2026) under the '17-8-45' 2026 roadmap.

    Bank IndonesiaT1Confirmed

  79. 82

    US-TXCorrespondent Banking, Settlement & Access2022-01-01

    DOB continues active enforcement against unlicensed money transmission, including a 2022 consent order against Brex Treasury LLC, and has clarified 'authorized delegate' criteria relevant to agent/correspondent payment arrangements.

    Texas Department of BankingT1Confirmed

  80. 83

    KM-MLicensing, Authorisation & Market Access2020-12-29

    BCC confirmed sole Union-level licensing authority; MISA formally disavowed as having no legal standing.

    Banque Centrale des ComoresT1Confirmed

  81. 84

    MHLicensing, Authorisation & Market Access2020-09-23

    Baseline established: Banking Act 1987 Cabinet-approved licensing regime for banks/FSPs, with Monetary Authority Act 2025 (MIMA) creating a consolidated regulator in transition.

    Republic of the Marshall Islands Judiciary (RMI Courts)T1Confirmed

  82. 85

    US-DCLegal & Litigation2020-06-08

    DC's data-breach notification statute (D.C. Code § 28-3852) sets a 50-resident AG-notification threshold with a private right of action, materially relevant to PSP incident-response obligations.

    D.C. Law Library — DC Code § 28-3852T1Confirmed

  83. 86

    NOLicensing, Authorisation & Market Access2019-02-15

    PSD3/PSR compromise text approved for COREPER sign-off 23 April 2026, set to repeal PSD2/EMD2 EEA-wide once in force (~2027-2028), a future EEA-incorporation horizon item for Norway.

    FinanstilsynetT1Confirmed

  84. 87

    BZLicensing, Authorisation & Market Access2017-02-03

    Baseline established: dual CBB (NPSA)/FSC (FSC Act 2023) licensing tracks confirmed as concurrent and non-overlapping.

    Central Bank of BelizeT1Confirmed

  85. 88

    AGAML/CFT & Financial Crimedate pending

    MLPA 1996 baseline confirmed; AG preparing for CFATF Fifth Round Mutual Evaluation (Sentinel-fed).

    Office of National Drug and Money Laundering Control Policy (Antigua and Barbuda)T1Confirmed

  86. 89

    AGLicensing, Authorisation & Market Accessdate pending

    PSSA 2025 enacted; commencement pending Ministerial Gazette notice.

    Government of Antigua and Barbuda (Laws.gov.ag)T1Confirmed

  87. 90

    AGStablecoins & Digital Moneydate pending

    ECCB suspended DCash 2.0 development per 4 May 2026 communique.

    Financial Services Regulatory Commission (Antigua and Barbuda)T1Confirmed

  88. 91

    CHLicensing, Authorisation & Market Accessdate pending

    FinIA reform consultation (closed 6 Feb 2026) proposes replacing Art. 1b fintech licence with payment-instrument-institution and crypto-institution categories.

    FINMAT1Confirmed

  89. 92

    GHLicensing, Authorisation & Market Accessdate pending

    Fincra secured an EPSP licence (6 May 2026), enabling direct processing across MTN MoMo, Telecel and AirtelTigo rails; BoG's approved EMI list includes Airtel Mobile Commerce, GCB G-Money, Vodafone Mobile Financial Services, Yup Ghana and Zeepay Ghana.

    Bank of GhanaT1Confirmed

  90. 93

    KM-MConduct, Safeguarding & Promotionsdate pending

    BCC issued a live unauthorised-provider warning against Huri Money e-money service.

    Banque Centrale des ComoresT1Confirmed

  91. 94

    MHAML/CFT & Financial Crimedate pending

    Sentinel-fed baseline established: APG member, not on FATF grey/black list; core AML measures date to early 2000s; IMF urges AML/CFT strengthening to preserve correspondent banking.

    FATF / Asia-Pacific Group on Money Laundering (APG)T1Confirmed

  92. 95

    SKLicensing, Authorisation & Market Accessdate pending

    PSD3/PSR reached Council 'I' Item Note stage 17 April 2026 and national-representative approval 22 April 2026; national transposition expected 2027-2028.

    Národná banka Slovenska (NBS)T1Confirmed

  93. 96

    US-AKLicensing, Authorisation & Market Accessdate pending

    AK DBS imposes a $500,000 electronic surety bond specifically on virtual-currency MTL applicants.

    Alaska Division of Banking & SecuritiesT1Confirmed

    Also tracked by crypto:crypto_licensing, financial-integrity:D7

  94. 97

    US-ILLicensing, Authorisation & Market Accessdate pending

    IDFPR's proposed DACPA/DAKA rules exempt in-scope digital-asset activity from the general money-transmitter regime, creating a dedicated licensing track with full licensing deferred to July 1, 2027.

    IDFPRT1Confirmed

  95. 98

    US-NCLicensing, Authorisation & Market Accessdate pending

    H1029 would create a parallel stablecoin-issuer licence track (Article 27) exempting issuers from the general MTA licence, plus authorize state-chartered banks to offer digital-asset custody/staking (Article 26).

    NC Office of the Commissioner of BanksT1Confirmed

  96. 99

    US-NMLicensing, Authorisation & Market Accessdate pending

    NM confirms virtual-currency exchange captured under the general MTL regime with $300,000 minimum surety bond.

    New Mexico Regulation and Licensing Department, Financial Institutions DivisionT1Confirmed

    Also tracked by crypto:crypto_licensing

  97. 100

    US-OHLicensing, Authorisation & Market Accessdate pending

    HB648 would extend OMTA licensing to digital-asset kiosk operators.

    Ohio Department of Commerce, Division of Financial InstitutionsT1Confirmed

  98. 101

    US-SDLicensing, Authorisation & Market Accessdate 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.

    SD Division of BankingT1Confirmed

    Also tracked by crypto:crypto_licensing

  99. 102

    US-WYLicensing, Authorisation & Market Accessdate pending

    Division of Banking drafting interstate MTL-reciprocity legislation for SPDI charter-holders.

    Wyoming Division of BankingT1Confirmed

    Also tracked by crypto:crypto_licensing

  100. 103

    SGProduct Innovation & Market Development2026-09-21

    MAS/ABS published Phase 1 findings of the PayNow Generation 2 study, scoping request-to-pay, structured reconciliation fields, a micro-payments rail, expanded cross-border connectivity and agentic-commerce functionality for Phase 2.

    Monetary Authority of SingaporeT1Confirmed

Regulatory horizon