Global
US:Fed Chair Jerome Powell says cryptocurrencies and stablecoins won’t be needed once the US has a digital currency
Federal Reserve Chairman Jerome Powell on Wednesday challenged the need for cryptocurrencies if it were to issue its own central bank digital currency. ...
Global
India bans Mastercard from adding new customers
Reserve Bank of India has indefinitely barred Mastercard from issuing new debit, credit or prepaid cards to customers in the South Asian market ...
Mozambique
Bank of Mozambique Fines Standard Bank for Fraudulent Practices
Maputo — Following an on-site inspection, the Bank of Mozambique on Monday fined one of the country’s largest commercial banks, Standard Bank, 290.1 ...
Regulatory
SEC Charges 3 Individuals for Alleged Long Blockchain Insider Trading Scheme
The U.S. SEC charged three individuals that allegedly conducted insider trading related to the Long Blockchain company back in 2017. One of the ...
Regulatory
UAE plans to introduce digital currency
The Central Bank of the UAE has announced aims to introduce digital currency as part of its 2023-2026 strategy, as state news agency WAM reports. ...
Regulatory
CBN Advocates Private Sector Funding to Tackle 22m Housing Deficit
The Central Bank of Nigeria (CBN) has stressed the need for the mobilisation of private sector funding to redress the country’s 22 million ...
Regulatory
Bitcoin Swings as EU Plans Rules for Crypto Transfer Transparency
The largest digital asset, Bitcoin, the price stays below $34,000 as the European Union plans new rules for cryptocurrencies transfer transparency. The Crypto ...
Regulatory
CBN releases regulatory framework for Mobile Money Services aiming to drive financial inclusion
In an effort to enhance financial inclusion, the Central Bank of Nigeria (CBN) has recently released Regulatory Guidelines and Framework for Mobile Money ...
Regulatory
Zimbabwe: 27 Firms Fined for Abusing Forex Auction System
Twenty one more companies have now been found abusing the foreign currency auction system, bringing the total to 39, and of these, 27 ...
Regulatory
EU might create a new AML watchdog
Brussels might have plans to strip the European Banking Authority of all its anti-money laundering duties and hand them to a new EU anti-money laundering ...
