Regulatory
CBN grants Greenwich Trust Limited operational license for merchant banking
The Central Bank of Nigeria (CBN) has upscaled Greenwich Trust Limited and granted it, operational license for merchant banking in the country. According ...
Regulatory
Philippines SEC warns of ‘cloud mining’ Ponzi related to Bitcoin Vault
The Philippines SEC has released an official warning about Bitcoin (BTC) “cloud mining” company Mining City, advising the public to steer clear of the scheme ...
Regulatory
China’s central bank stresses its central role in new sovereign digital currency
Fan Yifei, Deputy Governor of China’s central bank, says the main aim of the digital yuan is to defend the state monopoly on ...
Regulatory
Europe calls for strict regulations on digital currencies
Some of the largest economies in Europe are calling for strict regulations to govern the digital currency industry. France, Italy, Spain, the Netherlands and Germany ...
Regulatory
Crypto-assets now Legal in Nigeria after SEC Landmark ruling
The Nigerian Security and Exchange Commission has branded cryptocurrencies as securities in a landmark document that will change the way crypto assets are ...
Regulatory
GrabCar fined S$10,000 for 4th user data privacy violation in Singapore
Singapore’s privacy watchdog fined ride-hailing app GrabCar S$10,000, saying a 2019 update put the data of some users at risk of unauthorised access ...
Nigeria
CBN SET TO DEVELOP AN INDUSTRY-WIDE SECURITY OPERATIONS CENTRE SHARED SERVICE PLATFORM
The Central Bank of Nigeria (CBN) is planning to develop an industry wide Security Operations Centre (SOC) to serve as a shared service ...
Regulatory
Liberian Company, Lonestar Cell MTN Mobile Money Reinstates International Remittance Service
With the approval of the Central Bank of Liberia (CBL), Lonestar Cell MTN, Liberia’s leading GSM and Mobile Financial Services company, launched its ...
Regulatory
Buhari directs CBN to suspend forex for food items, fertiliser
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) not to provide forex for the importation of food items or fertilizer. ...
Regulatory
Standard Chartered Fined $13.6 Million for 2007 India Deal
India’s anti-money laundering agency fined Standard Chartered Plc 1 billion rupees ($13.6 million) for breaking foreign exchange rules when it worked on the ...
