Former China Welfare Lottery Deputy Director Jailed For 17 Years
A former leading official with China’s Welfare Lottery has been sentenced to 17 years in …
China: National Development and Reform Commission Consults on Revised Guidelines to Ban Cryptomining
On April 8, 2019, the National Development and Reform Commission (NDRC), within the People’s Bank …
Big Tech Threat Requires 'New Payments Strategy', Says Banque De France Chief
The head of the French central bank has called for a new European-centric strategy for …
State Department AML Report Calls Out Mobile Payments, Virtual Currency
The U.S. Department of State is warning that the rapid rise of mobile payments and …
China Fintech Regulation Vow Met With Cool Reaction
The prospect of sweeping new regulations on China’s fintech sector has been downplayed despite the …
Regulatory News Updates – March 29, 2019
Sports Betting Claims One Third Of China's Market As Lotto Slumps
Chinese lottery sales grew 11.5 percent year-on-year in the first two months of 2019, but …
Playtech Focusing On Regulated Markets As Asia Stabilises
Playtech has said its Asian interests will remain stable after the company saw a significant …
China: People's Bank Consults on New AML/CTF Rules for Banks
On October 29, 2018, the People’s Bank of China launched a public consultation on a …