Regulatory
Global: Circle Receives Conditional Regulatory Approval in France
Circle, the issuer of USD Coin, has achieved conditional registration as a Digital Asset Service Provider (DASP) from French regulatory authorities. This move ...
Regulatory
Global: IMF Cautions on Risks Associated with Central Bank Digital Currencies (CBDCs) Without Adequate Regulation
The International Monetary Fund (IMF) has issued a warning about the potential risks associated with Central Bank Digital Currencies (CBDCs) if they are ...
Namibia
Namibia Extends SIM Card Registration Deadline to March Following Government Announcement
The Minister of Information and Communication Technology, Peya Mushelenga, has officially extended the deadline for SIM card registration to March 31. Initially set ...
Ghana
Ghana Revenue Authority Pursues Unpaid Taxes, Targets Foreign Nationals’ Accounts Worth GH¢1.6 Billion
The Commissioner-General of the Ghana Revenue Authority (GRA) has announced plans to pursue the accounts of Ghanaians living abroad due to outstanding tax ...
Regulatory
Tanzania: DIB Extends Claim Submission Period for FBME Depositors and Creditors
The Deposit Insurance Board (DIB) has granted an extension for the submission of claims to depositors and other creditors of FBME Bank Limited, ...
Regulatory
Global: China Intensifies Crackdown on Tether, Hong Kong Proposes Stablecoin Licenses
China is intensifying efforts to curb the use of cryptocurrencies such as Tether (USDT) in foreign exchange trading more than two years after ...
Regulatory
Global: Bank of Korea Governor Cautions Against Prolonged Monetary Tightening Amid Warning Signs
Bank of Korea Governor Rhee Chang-yong expressed concerns on Monday about potential financial risks associated with prolonged monetary tightening, citing recent market apprehensions ...
Regulatory
Global: Credit Suisse Faces S$3.9 Million Civil Penalty in Singapore Over Managers’ Misconduct
The Monetary Authority of Singapore (MAS) has levied a civil penalty of S$3.9 million on Credit Suisse AG for its failure to prevent ...
Nigeria
Nigeria: British American Tobacco Faces $110 Million Fine in Nigeria for Violations, FCCPC Announces
The Nigerian federal government has disclosed that British American Tobacco (BAT), Nigeria Limited, and its affiliated entities will be fined $110 million over ...
Regulatory
Global: The New York Times Initiates Lawsuit, Demands Compensation from OpenAI and Microsoft for Alleged Copyright Violation
The New York Times has filed a lawsuit against OpenAI and its collaborator and investor, Microsoft, claiming copyright infringement for training generative AI ...
