Kenya
Kenya: Bolt Kenya Ordered to Compensate Driver $662,743 and Rectify Account Deactivation
Bolt Kenya has been instructed to pay 1,000,008,000 Kenyan shillings ($662,743) to one of its drivers, Kennedy Wainaina Mbugua, by Friday, November 3. ...
Regulatory
Global: Turkey to Strengthen Crypto Asset Regulations in Bid to Exit FATF “Grey List”
Turkey is gearing up to introduce new legislation addressing crypto-assets, with the goal of persuading the Financial Action Task Force (FATF) to remove ...
Regulatory
Global: Remittance App Sendwave Fined by CFPB for Deceptive Practices
The Consumer Financial Protection Bureau (CFPB) has imposed a $1.5 million penalty on Chime, the operator of the remittance app Sendwave, for misleading ...
Kenya
Kenya Introduces New Digital ID Legislation with Added Facial and Iris Biometrics
The Kenyan government has revised and gazetted legislation to accommodate a new biometric citizen registration method for an upcoming digital ID system pilot. ...
Regulatory
Nigeria: Speaker Abbas Advocates for Regulation of Artificial Intelligence and Robotics
Abbas Tajudeen, the Speaker of the House of Representatives, has called for the regulation of emerging technologies, including Artificial Intelligence (AI) and Robotics. ...
Regulatory
Global: GAO Decides SEC’s Controversial Guidance Should Face Congressional Oversight
In a significant win for the crypto community, United States Senator Cynthia Lummis has secured a key victory with a decision by the ...
Regulatory
Global: CFTC Awards $16 Million to Whistleblowers This Year, Primarily for Crypto-Related Tips
The United States commodities regulator has paid a total of $16 million this year to whistleblowers who provided crucial information leading to successful ...
Regulatory
Global: UK to Enforce Regulations on Cryptoassets
On Monday, the UK announced its intention to implement its first set of regulations to govern the crypto sector, mandating that market participants ...
Regulatory
Global: UK Government Affirms Crypto Regulation Proposals
The UK government has officially confirmed its conclusive proposals for the regulation of cryptoassets in the country. These proposals will involve bringing several ...
Kenya
Kenya: Bolt Kenya Temporarily Suspends 5% Booking Fee Amid License Renewal Uncertainty
Bolt Kenya has decided to temporarily suspend its 5% booking fee while it seeks clarification from the National Transport and Regulatory Authority (NTSA) ...
