Nigeria
Nigeria: CBN’s New Governor Signals Shift Away from Key Development Finance Projects
Olayemi Cardoso, the new Governor of the Central Bank of Nigeria (CBN), appears to be stepping away from several significant development finance projects ...
Nigeria
Nigeria: Federal Government to Uphold Statutory Limits on Borrowing – Finance Minister Edun Assures
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed the government’s commitment to respecting the statutory limits ...
Regulatory
Global: Swarm Introduces EU-Compliant KYC Technology for Tokenized Securities
Swarm, a regulated DeFi platform, has unveiled its onboarding API, enabling institutions and enterprises without a know-your-customer (KYC) and anti-money laundering (AML) provider ...
Kenya
Kenya: Bolt Kenya Addresses License Renewal Controversy and Booking Fee Charges
Amidst the ongoing discussions surrounding the renewal of its operating license in Kenya, Bolt Kenya is optimistic that a resolution will be reached ...
Regulatory
Global: Paytm Payments Bank Penalized for KYC Shortcomings by Reserve Bank of India
India’s Reserve Bank has imposed a fine of approximately $650,000 on Paytm Payments Bank, citing significant lapses in the “know your customer” (KYC) ...
Regulatory
Global: North American Securities Regulators Oppose Special Crypto Treatment in Coinbase Case
A group of North American securities regulators, the North American Securities Administrators Association (NASAA), contends that digital assets should not be treated as ...
Africa
Africa: G20 and African Union Unanimously Embrace IMF Strategy for Crypto Regulation
In a unanimous decision, the G20 (Group of Twenty) has adopted a joint paper on crypto regulation presented by the International Monetary Fund ...
Nigeria
Nigeria: NCC Restores Regulatory Services to Globacom Following Debt Settlement of N154 Billion
In a momentous turn of events, the Nigerian Communications Commission (NCC) has reactivated regulatory services for Globacom Limited after the telecommunications giant successfully ...
Regulatory
Global: Chinese FX Regulator Highlights CBDC’s Programmable Features to Strengthen Monetary Policy
An official from China’s foreign exchange regulator has emphasized the potential of the “programmable features” within a central bank digital currency (CBDC) to ...
Regulatory
Global: Australia Proposes New Regulations for Digital Payment Providers Including Apple Pay and Google Pay
On Wednesday (October 11, 2023), the Australian government announced its intention to introduce legislation that would grant the central bank the authority to ...