In Japan, the Payment Services Act (PSA) creates a regulatory framework for non-banking payment services and digital currencies, overseen by the Financial Services Agency (FSA). The June 2026 amendment to the PSA updates this framework through a new level of intermediary-only registration and compliance protocols for foreign stablecoins such as USDC.
The Reserve Bank of India imposed a monetary penalty of ₹3.10 lakh on Ola Financial Services Private Limited for non-compliance with KYC directions under the Payment and Settlement Systems Act, 2007. Following a statuto…
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