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Regulation (EU) 2023/1114 (Markets in Crypto-Assets – MiCA) was published on June 9, 2023. It provides specific rules and requirements for crypto-assets, related services and activities that were previously not covered by Union legislative acts on financial services. This Mapping EU Legislation: MiCA page lays out the key dates, transition deadlines for member states, as well as any RTS, ITS, delegated regulation, implementing regulation or guideline issued and published. It will be updated in line with any MiCA update.

A bill drafted by the Senate Banking Committee could transform the regulatory landscape for crypto-asset companies by providing the framework long sought by the industry.

The Reserve Bank of Australia (RBA) has confirmed that it plans to lift its ban on “no surcharge” rules across the Visa, Mastercard and eftpos networks. If the ban is lifted, the three networks are expected to reinstate rules that prevent merchants from adding surcharges.

With non-EU providers increasingly dominating the user experience in Europe, a Bank of Lithuania official believes that modernised infrastructure, including the digital euro, is critical to payments sovereignty and growth.

On July 9, 2025, the Central Bank of Montenegro (CBCG) unveiled a significant package of payment reforms designed to remove friction in the movement of money, accelerate both domestic and cross-border transactions and further align the country’s payment landscape with the integration of the Single Euro Payments Area (SEPA). The reforms bring three headline changes for banks: stricter caps on SEPA credit transfer fees; extended payment system operating hours (including weekend processing); and a streamlined, lower tariff structure for CBCG settlement services. Together, these measures signal a clear shift towards cost reduction, operational efficiency and increased service availability. These themes will reshape pricing strategies, settlement processes and competitive positioning in Montenegro’s payments market.

Tighter deadlines, stricter authorisation and higher capital thresholds are set to reshape how institutions and IT providers connect to Pix, with smaller players facing the greatest pressure.

Plans to scrap the £100 contactless limit could boost revenue and innovation, but would also require investment in security and compliance.

The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was signed into law in July 2025, is federal legislation that aims to create a comprehensive regulatory regime for stablecoins.

HM Treasury’s consultation sets out a streamlined model that promises efficiency, but firms will need to assess whether it truly reduces regulatory friction while supporting innovation.

The European Commission has clarified how stablecoin-like asset-referenced token (ART) issuers can operate cross-border under the EU’s Markets in Crypto-Assets regulation (MiCA), confirming that a dedicated passporting framework applies.