Regulatory
Sri Lanka’s Crypto Regulation: Central Bank Warns of Cryptocurrency Risks, Unlicensed Exchanges
The Central Bank of Sri Lanka has published a warning notice about the risks associated with cryptocurrency as interest and trading volumes of ...
Regulatory
CBN debits banks N8.3 trillion as CRR in 2020
Commercial banks in Nigeria suffered CRR debits of N8.3 trillion in the financial year ended December 2020. This represents a 59% increase from ...
Regulatory
Ghana – SEC to roll out Investor Protection Fund
Ghanian regulator for fund management firms, the Securities and Exchange Commission (SEC), has said that as part of it’s mandate to regulate ...
Regulatory
Dubai financial regulator suggests security token regulation
The Dubai Financial Services Authority (DFSA) regulator has proposed a new policy framework targeting the rapidly growing security tokens sector. It intends to ...
Regulatory
SEC Disagreement Emerges on Whether Ethereum Is a Security
Regulators in the U.S. have yet to offer clarity around the legality of Bitcoin and Ethereum. Although the former has been unofficially deemed ...
Regulatory
FATF President Calls for Rethink of Regulatory Culture
Dr Marcus Pleyer says supervisors and compliance officers in banks and companies mostly still take a basic tick-box approach. FATF (Financial Action Task ...
Regulatory
CBN reportedly suspends Paystack and other non-bank financial institutions from offering BVN validation services
The Central Bank of Nigeria has reportedly suspended finTechs and other third-party partners from offering BVN validation service. This was made known in ...
Regulatory
Tunisia- Viamobile Launches ‘Swared’ Product
The Tunisian company, specialised in alternative payment solutions “Viamobile” was granted on Thursday the final authorisation by the Central Bank of Tunisia (BCT) ...
Regulatory
Bank of Russia presents new CBDC concept
The Bank of Russia has presented a new concept for the digital RUB (ruble), a central bank digital currency the regulator has been contemplating since ...
Regulatory
CBN freezes 11 bank accounts, gives reasons
The Central Bank of Nigeria (CBN) on Wednesday froze 11 bank accounts to enable it conduct investigations into suspicious activities. The CBN that ...
