Regulatory
Global: Senate Banking Chair Targets September Deadline for Digital Asset Market Structure Bill
The U.S. Senate Banking Committee is accelerating efforts to establish a clear regulatory framework for digital assets, with Committee Chair Senator Tim Scott ...
Regulatory
SA: Ramaphosa Backs Inclusive Digital Access Over Rigid BEE Compliance Amid Starlink Debate
President Cyril Ramaphosa has reaffirmed his administration’s commitment to expanding internet access across South Africa, signalling support for a more flexible interpretation of ...
Nigeria
Nigeria: Bridging Financial Inclusion Gaps Could Lift 700,000 Nigerians Out of Poverty – SEC DG
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized that narrowing the financial inclusion gender gap could ...
Cameroon
Cameroon: Flutterwave Secures Regulatory Approval to Expand Digital Payment Services in Cameroon
Flutterwave, Africa’s leading payments technology company, has deepened its footprint in Central Africa with the official launch of fully licensed digital payment services ...
Nigeria
Nigeria: UBA’s Alawuba Calls for Judicial Reforms to Strengthen Nigeria’s Financial Stability
Oliver Alawuba, Group Managing Director of United Bank for Africa (UBA) Plc and Chairman of the Body of Bank CEOs, has called for ...
Regulatory
Global: Thai SEC Launches Consultation on New Rules for Utility Token Issuance
Thailand’s Securities and Exchange Commission (SEC) has opened a public consultation to gather feedback on proposed regulations that would permit cryptocurrency exchanges—and individuals ...
Regulatory
UK Establishes Smart Data Group to Extend Open Banking Benefits Across Key Sectors
The UK government has formally launched the Smart Data Group, a cross-sector initiative aimed at expanding the transformative benefits of open banking to ...
Regulatory
Global: South Korea’s Central Bank Open to Won-Based Stablecoin, Cautions on Forex Management Risks
The Governor of the Bank of Korea (BoK), Rhee Chang-yong, has stated that the central bank is not opposed to the issuance of ...
Nigeria
Nigeria: FCMB Group Considers Debt-to-Equity Swap to Meet CBN’s Regulatory Forbearance Mandate
FCMB Group Plc has announced plans to explore a debt-to-equity conversion as part of a broader strategy to comply with recent directives from ...
Africa
Africa: Kenya Retains Spot on EU’s Money Laundering Grey List as Uganda Secures Delisting
Kenya remains on the European Union’s list of high-risk jurisdictions for money laundering and terrorism financing, even as Uganda has been officially removed ...