Nigeria
Nigeria: DCC Advocates Urgent Regulation of Crypto Industry in Nigeria
The Digital Currency Coalition (DCC), comprising crypto asset practitioners, blockchain innovators, and founders, has emphasized the critical need for Nigeria’s federal government to ...
Regulatory
Global: Mastercard Expresses Opposition to Credit Card Competition Act
Mastercard has issued a letter to multiple members of the United States Congress, outlining its objections to the proposed Credit Card Competition Act. ...
Regulatory
Global: FTC Set to Sue Amazon for Antitrust Violations in Upcoming Lawsuit
Reports suggest that the Federal Trade Commission (FTC) is preparing to file a lawsuit against Amazon for alleged antitrust violations in the coming ...
Regulatory
Global: ASIC Files Lawsuit Against Bit Trade for Regulatory Compliance Failures
Bit Trade Pty Ltd, the provider of the Kraken crypto exchange in Australia, is facing civil proceedings initiated by the Australian Securities and ...
Regulatory
Global: EU Parliament Research Urges Enhanced Global Crypto Regulation Beyond EU Borders
The European Parliamentary Research Service (EPRS) has emphasized the necessity for stricter oversight by regulators outside the European Union (EU) to ensure increased ...
Nigeria
Nigeria: CBN Launches Online License Application and Approval System for Microfinance Banks
The Central Bank of Nigeria (CBN) has introduced a new online platform for the submission of license applications by microfinance banks, marking a ...
Regulatory
Global: UK FCA Issues ‘Final Warning’ to Unregistered Crypto Firms Regarding Advertising Compliance
The Financial Conduct Authority (FCA), the regulatory authority overseeing financial markets in the United Kingdom, has reiterated its concerns about the lack of ...
Kenya
Kenya: Andrew Musangi’s Nomination as CBK Board Chairperson Gets National Assembly’s Approval
The National Assembly has given its approval for the nomination of Andrew Musangi as the next chairperson of the Central Bank of Kenya ...
Kenya
Kenya: Safaricom Boosts M-Pesa Transaction Limit to KSh 250,000 Following CBK Approval
Safaricom has raised the transaction limit for each M-Pesa transaction to KSh 250,000, up from KSh 150,000, following the approval of the Central ...
Kenya
Kenya’s First Sukuk Bond Receives Regulatory Approval
Kenya’s Capital Markets Authority (CMA) has granted approval for the issuance of the nation’s inaugural Sukuk Bond by Linzi Finco Trust. This Sukuk ...