Regulatory
Global: EU Watchdogs Vigilant as Amazon’s iRobot Deal Falls Through
Amid Amazon’s recent decision to cancel its proposed acquisition of iRobot, concerns are mounting among European startups regarding the implications of heightened regulatory ...
Regulatory
Global: EU Authorities Ramp Up Enforcement Against Anti-Competitive Practices
European regulators have intensified their scrutiny of anti-competitive conduct within consumer product companies, signaling a robust crackdown on potential violations. According to the ...
Regulatory
Global: ECB Executives Address Banks’ Concerns on Digital Euro, Advocate Priorities
Amidst ongoing discussions surrounding the digital euro, European Central Bank (ECB) executives are responding to persistent objections raised by banks, emphasizing that many ...
Nigeria
Nigeria: Fitch Warns Proposed FX Gateway Bank Could Impact Nigerian Banks’ Liquidity
Fitch Ratings, a prominent credit rating agency, has expressed concern that the proposed foreign currency gateway bank announced by the Central Bank of ...
Nigeria
Nigeria: CBN Restricts Banks as Naira Slips Amidst Fresh Forex Concerns
he Nigerian financial landscape witnessed a fresh downturn in the value of the naira across both official and parallel foreign exchange markets on ...
Kenya
Kenya Takes Steps to Regulate Cryptocurrency Trading Amid Grey Listing Concerns
Kenya is actively working on crafting new regulations to oversee cryptocurrency trading, particularly in popular digital assets like Bitcoin. This initiative is driven ...
Ethopia
Ethiopia Unveils Regulatory Sandbox to Boost Financial Innovation
Ethiopia has officially introduced its Regulatory Sandbox through the Innovative Finance Lab (IFL), a platform co-owned by the National Bank of Ethiopia (NBE) ...
Regulatory
Global: Honduras Regulatory Body Prohibits Banks from Dealing with Cryptocurrencies
The National Banking and Securities Commission of Honduras (CNBS) has enacted a resolution prohibiting financial institutions in the country from engaging with cryptocurrencies. ...
Regulatory
Global: Australia Advances AI Regulation with New Expert Group, While EU Nears Adoption of AI Act
Australia has taken a significant step in the direction of regulating artificial intelligence by forming a new AI Expert Group. This group, comprising ...
Nigeria
Nigerian Fintech Firm PennyTree Secures Crowdfunding License from SEC
PennyTree, a prominent Nigerian financial technology (Fintech) company, has successfully obtained a crowdfunding license from the Securities and Exchange Commission (SEC) of Nigeria, ...