Kenya
Kenya: A third of borrowers stay on CRBs default blacklist
A third of Kenyan loan accounts are listed as defaulted with the country’s credit reference bureaus (CRBs) in an economy where Covid-induced job ...
Global
Global: FCA warns stock trading apps against gamification
The UK’s Financial Conduct Authority (FCA) has warned stock trading apps against adding gamification elements to their platforms, saying they may cause users ...
Global
Global: El Salvador Forges Ahead with Crypto Regulation
Legislators in El Salvador are considering a bill that would regulate digital securities, a sign the Central American nation is proceeding with plans ...
Africa
Africa: IMF Makes Case for Better Regulation of African Ecosystem
With the increasing surge in adoption amongst retail and institutional investors, the International Monetary Fund (IMF) has said that there is a need ...
Kenya
Kenyan legislation establishes crypto taxation, creates consumer protections
The country’s first effort at crypto regulation amends its Capital Markets Law to define crypto as a security and establish reporting, tax and ...
Kenya
Kenya: Bill sets up KRA tax dragnet for 4m cryptocurrency users
The Kenya Revenue Authority (KRA) will go after the more than four million Kenyans who own cryptocurrencies if MPs approve changes to the ...
Global
Global: New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation Regulations
A special council under Ukraine’s securities regulator will be tasked to develop rules for crypto taxation in the country. The new body will ...
Africa
Africa: Open Banking APIs Help Africa’s Mobile Money FinTechs Expand Services
According to International Monetary Fund (IMF) data, there are more than twice as many mobile money accounts as there are bank accounts across ...
Global
Global: Ethereum Co-Founder Warns Against Singapore’s Crypto Regulations
Singapore’s ambition to become a hub for digital assets might not work out because of its skeptical approach toward cryptocurrencies, Vitalik Buterin, co-founder ...
Nigeria
Nigeria: Google to remove all unlicensed Nigerian loan apps from Play Store latest January 31
Google has issued a new policy guideline that will require all loan apps on Play Store to present all their licensing documents for ...