Regulatory
UK’s financial regulator urges banks to rethink branch closures
The UK’s financial regulator has called on banks to reconsider branch closures amid fears that vulnerable customers could be left without access to services. ...
Regulatory
Regulatory sandbox and DeFi boom: How Spain pushed crypto adoption despite the pandemic
The year 2020 will go down in history for how the COVID-19 pandemic affected the Spanish economy. Beyond that, however, there have been ...
Regulatory
Nigerian Banks non-performing loan ratio blows past CBN regulatory limits
The non-performing loan ratios for Nigerian banks worsened in 2020, blowing past the regulatory limits of 5% to close at 6% at the ...
Regulatory
SEC publishes new CrowdFunding Regulations limiting investment to 10% of income
The Securities and Exchange Commission, SEC, has issued updated guidelines and rules governing the operation of CrowdFunding activities in Nigeria. This follows an ...
Regulatory
U.S. regulator’s approval of stablecoin payments provides regulatory building block, compliance challenge
A new interpretive letter from the Office of the Comptroller of the Currency allowing the use of stablecoin cryptocurrency for bank payments opens ...
Regulatory
Regulators are sharpening their focus on bitcoin
Regulators are sharpening their focus on bitcoin and its use in the international financial system after the value of the digital currency raced ...
Regulatory
Ant Group Overhauling Operations To Satisfy Chinese Regulators
After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with ...
Regulatory
ECB Chief Christine Lagarde Calls for Global Bitcoin Regulation — Says BTC Conducts ‘Funny Business
The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is ...
Regulatory
CBN unveils framework for regulatory sandbox operations
The Central Bank of Nigeria has taken proactive steps towards ensuring more flexible ways of engaging with operators in the payment solutions/fintech space, ...
Regulatory
US regulator asks Tesla to recall 158,000 cars over safety-related defect
US regulators asked Tesla early in this week to recall 158,000 cars in the United States because of a safety-related defect. The National ...
