Global

Brazil’s central bank to trial CBDC

Banco Central do Brasil (BCB) has announced the possibility of trailing its digital Real on Lithosphere blockchain as the bank is in discussion with ...

By Regtech AfricaNovember 7, 20210

News

Nigeria: CBN spends N3.9bn to destroy N4.13trn worth of dirty naira notes -Report

The Central bank of Nigeria (CBN) has revealed that in the last six years it spent N3.88 billion to throw away N4.13 trillion ...

By Regtech AfricaNovember 6, 20210

Global

EU central banks working on DLT-based asset settlement

European central banks have been ramping up their efforts to utilize distributed ledger technology (DLT), the foundation of blockchain, in central bank money ...

By Regtech AfricaNovember 6, 20210

News

Zimbabwe: Zim Forex Inflows to Hit Record High

ZIMBABWE’S foreign currency earnings are poised to hit record high since 2010, spurred by mineral exports and diaspora remittances, the Reserve Bank of ...

By Regtech AfricaNovember 6, 20210

Nigeria

Nigeria: CBN to blacklist Anchor Borrowers’ loan defaulters

The Central Bank of Nigeria has said farmers who fail to repay the loans collected under its Anchors Borrowers Programme will be barred ...

By Regtech AfricaNovember 6, 20210

Africa

Ed-tech startup Semicolon Africa raises $1.2m in seed funding

Semicolon Africa, an ed-tech startup, creating employment and economic opportunities by training software engineers and techpreneurs, has closed a US$1.2 million seed round ...

By Regtech AfricaNovember 6, 20210

South Africa

SA financial education startup FinMeUp raises seed funding

South African startup FinMeUp has raised an undisclosed amount of seed funding to help it add a host of new features to its ...

By Regtech AfricaNovember 6, 20210

Nigeria

Nigeria: MTN, Airtel gets regulatory approval to operate payment service bank

MTN Nigeria and Airtel Africa Plc have been granted an approval in principle to operate a payment service bank (PSB) in the country. ...

By Regtech AfricaNovember 6, 20210

News

Nigeria: Non-performing loans to Entrepreneurs almost 100% – BOI

“People believe that any money from the Bank of Industry that is owned by the government is part of the national cake,” BOI ...

By Regtech AfricaNovember 6, 20210

Global

Korea’s FSC confirms that NFTs will not be regulated

The Financial Services Commission (FSC) in South Korea reaffirmed in a public statement on Nov. 5 that nonfungible tokens (NFT) are not virtual ...

By Regtech AfricaNovember 6, 20210

Brazil’s central bank to trial CBDC

Nigeria: CBN spends N3.9bn to destroy N4.13trn worth of dirty naira notes -Report

EU central banks working on DLT-based asset settlement

Zimbabwe: Zim Forex Inflows to Hit Record High

Nigeria: CBN to blacklist Anchor Borrowers’ loan defaulters

Ed-tech startup Semicolon Africa raises $1.2m in seed funding

SA financial education startup FinMeUp raises seed funding

Nigeria: MTN, Airtel gets regulatory approval to operate payment service bank

Nigeria: Non-performing loans to Entrepreneurs almost 100% – BOI

Korea’s FSC confirms that NFTs will not be regulated

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