Regulatory
CBN Governor confirms adjustment of naira to N410/$1 at official market
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed that the naira has depreciated at the official market to ...
Regulatory
U.S. SEC suspends trading in 15 securities due to ‘questionable’ social media activity
The U.S. securities regulator had last week suspended trading in the securities of 15 companies because of “questionable trading and social media activity,” ...
Regulatory
FATF says it will release updated guidance for digital assets in June
The Financial Action Task Force (FATF) will be seeking public comment on updated guidance related to virtual assets. A post-meeting statement from the ...
Regulatory
Instant Payments Serbia: The NBS IPS System of the National Bank of Serbia
In addition to achieving its primary objectives monetary and financial stability the National Bank of Serbia (NBS) is also committed to promoting innovation ...
Regulatory
The Central Bank of Azerbaijan Accelerates Digital Transformation with the First Blockchain-Based Digital Identification System in Azerbaijan
Over recent years, active penetration of information and communication technologies has created new business opportunities for financial institutions, defining a digital transformation phenomenon. ...
Regulatory
Innovation at the Central Bank of the Dominican Republic
To put the words “central banks” and “innovation” in the same sentence might seem bold to many. However, in this post-pandemic digital era, ...
Regulatory
EU regulator cautions retail investors following the GameStop chaos
The EU’s financial markets regulator has urged retail investors to be cautious following the GameStop chaos. The European Securities and Markets Authority (ESMA) ...
Regulatory
Increased costs for EUR payments from UK as a result of Brexit, Banking Circle
Cross-border payments expert Banking Circle has identified an issue affecting some financial institutions handling cross-border transactions from the UK to the EU. It ...
Regulatory
Bankers Association calls for strict regulation of cryptocurrencies
The Federal Association of German Banks has called for stricter regulation of digital currencies. “On the one hand, in order not to continue ...
Regulatory
USA: Entire Federal Reserve Payment System Crashes
The Federal Reserve (US central bank) has cost methods used to settle transactions between U.S. monetary establishments suffered a large disruption resulting from ...