Kenya
Kenya: Central Bank suspends CRB listing of loans under Sh5 million
Borrowers defaulting on loans of less than Sh5 million will not be blacklisted at the credit reference bureaus (CRBs) while those already blacklisted ...
Global
Brazil’s central bank to trial CBDC
Banco Central do Brasil (BCB) has announced the possibility of trailing its digital Real on Lithosphere blockchain as the bank is in discussion with ...
Nigeria
Nigeria: CBN to blacklist Anchor Borrowers’ loan defaulters
The Central Bank of Nigeria has said farmers who fail to repay the loans collected under its Anchors Borrowers Programme will be barred ...
Nigeria
Nigeria: MTN, Airtel gets regulatory approval to operate payment service bank
MTN Nigeria and Airtel Africa Plc have been granted an approval in principle to operate a payment service bank (PSB) in the country. ...
Global
Korea’s FSC confirms that NFTs will not be regulated
The Financial Services Commission (FSC) in South Korea reaffirmed in a public statement on Nov. 5 that nonfungible tokens (NFT) are not virtual ...
Africa
Seychelles: Banks in Seychelles Transitioning Foreign Currency Loans Away From Libor
The contracts of around 185 clients with foreign exchange loans in Seychelles will be amended as commercial banks transition from LIBOR, one of ...
Global
Bitcoin Spot ETFs receive green light in Australia
Bitcoin spot exchange traded funds (ETFs) have been approved by the Australian Securities And Investment Commission. The corporate regulators detailed a draft of regulatory ...
Nigeria
Nigeria: Banks To Start Auto-debiting Accounts Of Chronic Debtors – CBN Reveals
The Central Bank of Nigeria, CBN has revealed that money lending institutions will start auto-debiting bank accounts of chronic debtors. A statement issued ...
Regulatory
Uganda: Regulator tells Airtel to separate business
Airtel Money will no longer be a part of Airtel Uganda. What does this mean for Airtel’s business? Airtel Money will now be ...
Regulatory
Zimbabwe: RBZ Blocks Money Supply in Responds to Parly’s Request
Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee (MPC) has approved resolutions aimed at curbing broad money supply to stop parallel market exchange ...
