Global
Global: OpenAI receives warning from Japanese privacy watchdog
The Japanese privacy watchdog, Personal Information Protection Commission, has sent a warning to OpenAI over the collection of sensitive data without individual’s permission. ...
Nigeria
Nigeria: Reps Amend CBN Act, Raise Lending Limit To 15%
The House of Representatives has amended the Central Bank of Nigeria Act to raise the lending limit of the apex bank to the ...
Global
Global: European Commission To Present Regulatory Framework For Digital Euro In June
Fabio Panetta, a member of the Executive Committee of the European Central Bank (ECB), recently announced that the European Commission would be presenting ...
Global
Global: AI regulation draws attention of G7 officials
G7 national officials will meet in Japan on the 30th May to discuss challenges posed by generative AI tools like ChatGPT. This meeting ...
Global
Global: EU watchdog calls for curbing leverage in crypto trading
European Union authorities should curb leveraged bets on crypto assets by introducing limits for investment funds, exchanges and other firms to stop shocks ...
Global
Global: SEC has no authority over crypto, argues defendants in $18M fraud lawsuit
Two people accused of running a fraudulent $18 million crypto mining scheme by the United States securities regulator are seeking a dismissal of ...
Global
Global: Australia ushers in BNPL regulation
The Australian Government is to introduce new rules that will treat buy now, pay later schemes as credit products in an effort to ...
Global
Global: India regulator proposes curbs on derivative-linked share moves
India’s market regulator proposed measures to contain extreme price movements in shares on which futures and options trade, including longer trading suspensions and ...
Ethopia
Ethiopia: Safaricom gets licence to operate M-Pesa in Ethiopia
Safaricom Telecommunications Ethiopia has today officially been granted the license to operate mobile money services in Ethiopia. The licence, coming seven months after ...
Global
Global: Crypto should be regulated as gambling, UK lawmakers say
Bitcoin, ether and other cryptocurrencies should be regulated as gambling given the significant risks they pose to consumers, a panel of UK lawmakers ...