Nigeria
Nigeria: House of Representatives Urges CBN to Include Chinese Yuan in External Reserves
The House of Representatives has recommended the inclusion of the Chinese Yuan as an official foreign exchange reserve currency, alongside other globally recognized ...
Regulatory
Global: UK Unveils FCA Regulations for Digital Securities Sandbox
The United Kingdom has introduced regulations empowering the Financial Conduct Authority (FCA) and the Bank of England to oversee a digital securities sandbox ...
Regulatory
Global: Google Settles Antitrust Lawsuit for $700 Million, Allows Direct Payment Options on Play Store
Google has reached a settlement in an antitrust lawsuit, agreeing to pay $700 million and allowing developers on its Play app store to ...
Nigeria
Nigeria: FIRS Instructs Banks to Implement Electronic Money Transfer Levy on Foreign Currency Transactions
The Federal Inland Revenue Service (FIRS) has issued a directive to deposit money banks, instructing them to deduct and remit the Electronic Money ...
Regulatory
Global: Iosco Unveils DeFi Policy Guidelines for Market Integrity and Investor Protection
The International Organization of Securities Commissions (Iosco) has outlined a set of nine policy recommendations aimed at addressing concerns related to market integrity ...
Regulatory
Global: PSR Implements Overhaul in Reimbursement Rules for APP Fraud Victims
The UK’s Payment Systems Regulator (PSR) has greenlit plans to enhance safeguards for victims of authorised push payments (APP) fraud, set to be ...
Regulatory
Global: U.S. SEC Files Charges Against Tingo Mobile’s CEO, Dozy Mmobuosi, Alleging Massive Fraud
The United States Securities and Exchange Commission (SEC) has taken legal action against Dozy Mmobuosi, the Chief Executive Officer of Tingo Mobile, accusing ...
Africa
COP28: Nature is key to Africa’s financial future, here’s how regulators can safeguard it
The COP28 conference has resulted in a variety of new climate related financial, nature and infrastructure pledges from leaders across the world. Discussions ...
Regulatory
Global: Investigation Launched into Crypto Betting on Taiwan Presidential Election
As the Taiwan presidential election scheduled for January 13, 2024 approaches, authorities have initiated an inquiry into the use of cryptocurrency betting platforms ...
Regulatory
Global: SEC Rejects Coinbase’s Request for Crypto-Specific Regulations
The Securities and Exchange Commission (SEC) has turned down a petition from cryptocurrency exchange Coinbase, wherein the exchange sought new regulations tailored specifically ...
