Nigeria
Nigeria: SEC declares Binance illegal, says Nigerians investing at own risks
The Securities and Exchange Commission has declared the activities of Binance illegal in Nigeria. This is according to a published circular on the ...
Global
Global: Binance.US suspends dollar deposits
Days after the SEC sued it, the US arm of Binance says it is suspending dollar deposits and that its banking partners are ...
Nigeria
Nigeria: NGX, ISSB, FRC partner to drive sustainability disclosures
NGX Regulation Limited, the International Sustainability Standards Board (ISSB) as well as the Financial Reporting Council of Nigeria (FRC) have partnered to drive ...
Global
Global: Instagram, YouTube, TikTok, and Twitter are target of EU crypto advertising complaint
Meta Platforms’ Instagram, Alphabet’s YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and ...
Global
Global: After Binance, US SEC sues Coinbase for securities laws violations
This morning, the U.S. Securities and Exchange Commission (SEC) sued Coinbase, the largest domestic cryptocurrency exchange, for securities laws violations. The suit comes ...
Global
Global: UK Regulator- Banks Have Five Days to Reimburse Push Payments Fraud Victims
Authorized push payments (APP) fraud victims in the U.K. could soon see faster reimbursements. That’s according to Great Britain’s Payment Systems Regulator (PSR) which ...
Global
Global: FTC Highlights Enforcement Actions Related to Financial Abuses
The Federal Trade Commission (FTC) undertook enforcement actions around automobile purchasing and financing, payday lending, and credit repair and debt relief in 2022. The agency ...
Nigeria
Nigeria: NITDA bill- Multiple regulations, taxation fears grip telcos
The telecommunications industry is one of the fastest-growing sectors in the Nigerian economy. It has brought about massive digitalisation that has helped equip ...
Global
Global: FCA cracks down on crypto advertising
The UK’s Financial Conduct Authority is to introduce tough new rules for the marketing of crypto assets, including a 24-hour cooling off period ...
Ghana
Ghana: GRA to charge importers additional 12.5% if they fail to register for VAT
The Ghana Revenue Authority (GRA) is cautioning all importers who qualify to register for Value Added Tax (VAT) but have failed to do ...