Global
British Financial Regulator Lays Out 3 Ways to Rein in Cryptocurrencies
Charles Randell, Chair of the Financial Conduct Authority, lays out the risks of cryptocurrencies as well as three ways that regulators can keep ...
Global
India: Reserved Bank allows account aggregator service
Reserve Bank of India (RBI) has introduced Sahamati Platform, an account aggregator that doesn’t require KYC for customers who are taking loans, insurance service or ...
Global
State Bank of Pakistan grants EMI license to NayaPay
Pakistan-based fintech NayaPay has earned commercial approval to operate as the first Electronic Money Institution in Pakistan, after a year-long pilot and inspection by the ...
Nigeria
Nigeria: NCC Releases Draft Guidelines On SIM Registration, Replacement
The Nigerian Communications Commission (NCC) has published its draft regulatory instruments on SIM registration and replacement. The publication on the commission’s website is ...
Ethopia
Ethiopia: NBE Sets 10 Percent Minima for Banks’ Reserve
National Bank of Ethiopia (NBE) has announced that it has decided new minimum reserve amount for banks to be 10 per cent from ...
Regulatory
Zimbabwe: CBZ Bank Introduces Payday Loans
CBZ Bank has introduced an instant loan facility called Payday loan. The facility is open to CBZ clients and is disbursed within 24 ...
Global
UK Crypto Exchange Receives Approval From FCA
UK-based cryptocurrency exchange Coinpass received approval from the country’s Financial Conduct Authority (FCA) to operate as a crypto assets company. This makes Coinpass ...
Regulatory
Zimbabwe: You Can Now Buy Forex At Official Rate From Bureaux De Change – RBZ
The Reserve Bank of Zimbabwe has announced that individuals will now be able to buy forex from bureaux de change at the official ...
Global
Global: Ireland fines WhatsApp 225 million euros over data transparency violations
Irish data protection regulator fined WhatsApp 225 million euro ($266 million) on Thursday for privacy breaches after the EU privacy watchdog pressured the ...
Regulatory
Tanzania: Mobile Transactions – State Slashes Levy By 30%
The Tanzanian government yesterday announced a 30 per cent reduction of mobile money transactions levies in response to public outcry over the new ...