Global
UBS fined by Hong Kong’s SFC for compliance breaches
The Hong Kong Securities and Futures Commission (SFC) has fined Swiss bank UBS $1.5 million for failing to rectify a series of compliance ...
Global
DBS Vickers Gets Greenlight From Singapore Regulator to Provide Crypto Services
The brokerage arm of Singapore’s DBS Bank has received approval “in principle” from the country’s financial regulator to begin offering crypto services to ...
Ghana
Bank of Ghana to pilot CBDC with German securities printing firm G+D
The Bank of Ghana (BoG) is making another step towards the development of a central bank digital currency (CBDC) by partnering with a ...
Egypt
EGYPT’S MOBILE OPERATORS TO REFUND EGP 2M TO CUSTOMERS FOR SERVICE FAILURES
The National Telecom Regulatory Authority (NTRA) has obliged mobile operators in Egypt to refund EGP 2m to their respective customers due to service ...
Nigeria
CBN releases guidelines for regulation, supervision of CGCs in Nigeria
The Central Bank of Nigeria (CBN) on Tuesday, released guidelines for registration and supervision of Credit Guarantee Companies (CGCs) in Nigeria. The guidelines ...
Egypt
EGYPT : CENTRAL BANK OF EGYPT SETS UNIFIED DEFINITIONS FOR ACTIVE, DORMANT BANK ACCOUNTS
The Central Bank of Egypt (CBE) has set unified definitions for active and dormant bank accounts in the local market, in light of ...
Global
Ukraine could legalise crypto payments
The Ukrainian government has drafted a roadmap for the integration of crypto into the country’s economy. After the crypto draft bill is adopted, ...
Nigeria
CBN: Digital Currency Would Be Critical National Infrastructure
The Central Bank of Nigeria (CBN) has said its proposed digital currency, known as e-Naira, will be treated as a critical national infrastructure ...
Global
Bank of Jamaica mints first batch of Jamaica’s central bank digital currency
Bank of Jamaica (BOJ) has minted Jamaica’s first batch of central bank digital currency (CBDC). A total of JMD 230 million dollars in CBDC ...
Global
Bank of Korea plans to launch central bank digital currency pilot
The Bank of Korea (BOK) has revealed plans to initiate its central bank digital currency (CBDC) pilot by the end of August 2021. The first ...
