Regulatory
Global: ECB Member Urges Central Banks to Embrace CBDCs, Revise Business Models
Joachim Nagel, the president of Bundesbank and a member of the European Central Bank (ECB), emphasized the necessity for central banks to overhaul ...
Regulatory
Global: US Financial Regulators Resume Efforts on Compensation Rules
A trio of U.S. financial regulators has reignited efforts on a long-postponed project to enhance executive compensation plans at financial institutions to be ...
Regulatory
Global: US Financial Regulator Enhances Oversight with Bilateral Repo Data Collection
The Office of Financial Research (OFR), a formidable research arm of the U.S. Treasury Department, announced on Monday the adoption of a final ...
Nigeria
Nigeria: SEC Plans to Remove Naira from P2P Crypto Trading to Counter Manipulation
Dr. Emomotimi Agama, the Acting Director General of the Securities and Exchange Commission (SEC), has revealed the Commission’s intention to exclude the Naira ...
Nigeria
Nigeria: CBN Implements Cybersecurity Levy on Electronic Transfers
The Central Bank of Nigeria (CBN) has mandated a 0.005 percent Cybersecurity Levy deduction on electronic transfers, according to a circular issued yesterday. ...
Nigeria
Nigeria’s Cryptocurrency P2P Market Projected to Reach $500 Billion Amid Regulatory Pressures
Nigeria’s cryptocurrency peer-to-peer (P2P) market could surge to billions of dollars despite increasing regulatory crackdowns by the government. Ray Youssef, CEO of Nigeria’s ...
Nigeria
Nigerian Fintech Firms Enforce Stricter Measures on Crypto Transactions Amid CBN Directive
Reports indicate that Nigerian fintech firms have initiated tighter controls on crypto transactions within the country, following a directive issued by the Central ...
Nigeria
Nigeria: SEC Chief to Convene Meeting with Local and International Crypto Exchanges
Dr. Emomotimi Agama, the newly appointed Director General of the Securities and Exchange Commission (SEC), is scheduled to meet with both local and ...
Regulatory
Zimbabwe’s New Currency ZIG Faces Resistance from Citizens
Recent reports indicate that Zimbabwe’s newly launched currency, the ZIG, introduced in early April, is encountering low acceptance among the population. Towards the ...
Regulatory
Global: CFTC Commissioner Proposes AI Fraud Task Force
Kristin Johnson, Commissioner of the United States Commodity Futures Trading Commission (CFTC), has put forward three proposals aimed at regulating artificial intelligence (AI) ...