Global
Bank of Jamaica creates the first batch of its CBDC
Bank of Jamaica (BOJ) has announced the inaugural minting of Jamaica’s first batch of central bank digital currency (CBDC). A total of approximately USD ...
Global
Bank North (former B-North) secures full banking licence, raises GBP 20M
UK-based Bank North, has received a banking licence by the UK’s Prudential Regulation Authority (PRA), allowing the company to evolve within the SME banking ...
Global
Revolut seeks banking licence in Australia
UK-based Revolut has planned for a banking licence in Australia and is engaged in talks with the country’s regulator to be allowed to take customer ...
Regulatory
Zimbabwe: Firms Risk Losing Licences for Abusing RBZ Forex
The government has issued a stern warning to delinquent fuel companies that are abusing foreign currency they obtain from the Reserve Bank of ...
Global
Cuba’s central bank now recognizes cryptocurrencies such as bitcoin
Cuba will now recognize and regulate cryptocurrencies such as bitcoin, citing “reasons of socioeconomic interest.” Resolution 215, which was published Thursday in the state-run Official ...
Global
Central Bank of Brazil to regulate digital currencies
The Brazil-based central bank has reportedly planned to regulate digital currencies as the country takes to digital payments, according to coingeek.com. The Central Bank ...
Africa
Angola: BNA Revokes Licences of Financial Institutions
Angola’s Central Bank (BNA) has again cancelled the licences of non-banking financial institutions saying they have repeatedly failed to comply with the rules ...
Regulatory
Uganda: Bou Issues Tough Rules for Bankers
Bank of Uganda (BoU) plans to increase the paid-up capital requirements of financial institutions in the country in a move that could make ...
Global
Cashlink applies for BaFin license for crypto securities register
The Germany-based security tokenization software solution Cashlink has submitted a notification of intent to the German financial market supervisory authority BaFin to set up a ...
Regulatory
Zimbabwe: RBZ Establishes Collateral Registry
THE Reserve Bank of Zimbabwe (RBZ) is working with BSystems Limited of Ghana to operationalise the collateral registry system by year end, after ...