Global
Japan’s financial regulator weighs stricter rules on crypto-assets
The Financial Services Agency has started discussing the introduction of stricter regulations on cryptocurrency assets in order to better protect users. The government ...
Regulatory
Rwanda: Central Bank Scraps ‘Push and Pull’ Charges
No charges and fees will henceforth be incurred when transferring funds from one’s bank account to their mobile money wallet and vice versa ...
Nigeria
Nigeria: 25 banks’ profits drop by N482b as CBN restricts N9.5tr deposits
Twenty commercial banks and five merchant banks’ profits dropped by N482 billion in 12 months over N9.5 trillion cash restriction policy implemented by ...
Regulatory
SA: Financial authority suspends licence of ZAR X exchange
ZAR X faces possible cancellation of its licence in three months due to non-compliance with liquidity and capital adequacy requirements The Financial Sector ...
Regulatory
Rwanda: Regulator warns MTN over poor network connection
Rwanda Utilities Regulatory Authority (RURA) has ordered local telecommunications company MTN Rwandacell Plc to solve all problems related to its call services. In ...
Nigeria
Nigeria: CBN pegs microfinance banks loan per transaction at N1m
The Central Bank of Nigeria (CBN) has pegged maximum loan limit for Microfinance Banks (MfBs) at N1 million per transaction. The apex bank ...
Global
Thailand, Indonesia debut cross-border QR payment linkage
The central banks of Thailand and Indonesia have launched a cross-border QR payment linkage between the two countries. The linkage, the first that connects the retail payment ...
Nigeria
Nigeria: CBN threatens license revocation for microfinance banks trading in FX
Microfinance banks operating beyond the scope of their license will have their license revoked, the Central Bank of Nigeria (CBN) has warned. In ...
Kenya
Kenya: Boost for e-Commerce as Pesapal Meets Regulatory Requirements in Kenya and Tanzania
E-commerce and payment gateway Pesapal Limited has received accreditation as a Payment Service Provider in Kenya and an Application Service License for Tanzania. ...
Ghana
Bank of Ghana to Tighten Monetary Policy as Growth Pressures Ease
The Central Bank of Ghana is expected to shift to moderate policy tightening in 2022, and hike the monetary policy rate (MPR) by 100 ...
