Regulatory
Global: EU Considers Public Blockchain Integration for Digital Euro Rollout
European Union (EU) policymakers are weighing the possibility of issuing the digital euro on public blockchains such as Ethereum or Solana, as momentum ...
Regulatory
South Africa Reserve Bank Opens National Payments System to Fintechs
The South African Reserve Bank (SARB) has taken a landmark step in transforming the country’s financial sector by opening its National Payments System ...
Nigeria
Nigeria’s FCCPC Tightens Rules for Digital Lenders to Safeguard Borrowers
Nigeria’s digital lending sector is set for a major shake-up as the Federal Competition and Consumer Protection Commission (FCCPC) rolls out new regulations ...
Regulatory
Australia Orders Independent Audit of Binance Over AML/CTF Compliance Gaps
Australia’s financial intelligence agency, AUSTRAC, has directed Binance Australia to undergo an independent audit amid concerns over the crypto exchange’s anti-money laundering and ...
Regulatory
Global: FTC Chair cautions US tech giants on compliance with UK and EU online safety laws
The Chair of the US Federal Trade Commission (FTC), Lina Ferguson, has issued a warning to major US technology companies, urging them to ...
Nigeria
Nigeria: PenCom Bars PFAs from Investing in Banks’ AT1 Capital Instruments
The National Pension Commission (PenCom) has issued a directive prohibiting Pension Fund Administrators (PFAs) from investing pension assets in Additional Tier-1 (AT1) capital ...
Nigeria
Nigeria: Finance Minister, CBN Governor Pledge Stronger Policy Synergy to Bolster Economic Stability
Nigeria’s economic reform agenda gained renewed momentum on Tuesday as the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, ...
Nigeria
Nigeria: SEC, NAICOM Forge Strategic Alliance to Drive Insurance Recapitalisation
Nigeria’s ongoing insurance industry recapitalisation has gained momentum as the National Insurance Commission (NAICOM) and the Securities and Exchange Commission (SEC) pledged closer ...
Nigeria
Nigeria: NCC Holds Firm on 70% Broadband Penetration Target Despite Mounting Challenges
With just four months to the close of the National Broadband Plan (NBP) 2020–2025, the Nigerian Communications Commission (NCC) is standing by its ...
Nigeria
Nigeria: FIRS Cautions Taxpayers Against Concealing Transactions Under New E-Invoicing System
The Federal Inland Revenue Service (FIRS) has cautioned taxpayers against attempting to conceal transactions under the newly launched National E-Invoicing Solution (Merchant-Buyer Model), ...