News

Nigeria: CBN defends naira with $3.36bn in two months

The Central Bank of Nigeria injected $3.36bn into the foreign exchange market in two months as part of efforts to ensure the stability ...

By Regtech AfricaMay 29, 20220

Global

Global: RBI to adopt graded approach to introduce digital currency

The RBI said that it has been exploring the pros and cons of the introduction of CBDC in India and the appropriate design ...

By Regtech AfricaMay 29, 20220

Global

Global: MAS Launches 2022 Global FinTech Hackcelerator on Web 3.0 and Green Finance

The Monetary Authority of Singapore (MAS) announced today the launch of the 7th edition of the Global FinTech Hackcelerator, with the theme “Accelerating ...

By Regtech AfricaMay 29, 20220

Ghana

Ghana: Central Banks advised to replace banknotes with digital currencies – Governor

Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has noted that industry watchers have suggested to Central Banks to consider the replacement of banknotes ...

By Regtech AfricaMay 29, 20220

Global

Global: JPMorgan Begins Processing Collateral Settlements Using Blockchain

JPMorgan has begun experimenting with traditional financial asset trading utilizing blockchain technology for collateral settlements. The first-ever transaction utilizing blockchain happened on May 20. The ...

By Regtech AfricaMay 29, 20220

News

Nigeria: CBN sets criteria for Credit Risk Management System enrolment

The Central Bank of Nigeria (CBN) has set criteria to be met by Other Financial Institutions (OFIs) to qualify for enrollment onto the ...

By Regtech AfricaMay 28, 20220

Global

Global: Twitter fined $150m in US for selling users’ data

Twitter in the US must pay a $150m (£119m) fine after law enforcement officials accused it of illegally using users’ data to help ...

By Regtech AfricaMay 28, 20220

Innovation

Nigeria: NCC licenses Elon Musk’s Starlink to provide internet service in Nigeria

Nigeria has approved Elon Musk’s Starlink, a satellite internet constellation operated by SpaceX, providing satellite Internet access coverage to 32 countries where its ...

By Regtech AfricaMay 28, 20220

Global

India to roll out CBDC using a graded approach: RBI Annual Report

Further cementing India’s decision to introduce an in-house central bank digital currency (CBDC) in 2022-23, the Reserve Bank of India (RBI) proposed a three-step graded ...

By Regtech AfricaMay 28, 20220

Africa

Fintech startup Grey expands into East Africa

Remittances company Grey, has announced its expansion into East Africa in partnership with payments firm Cellulant, as they move to address the difficulties of ...

By Regtech AfricaMay 28, 20220

Nigeria: CBN defends naira with $3.36bn in two months

Global: RBI to adopt graded approach to introduce digital currency

Global: MAS Launches 2022 Global FinTech Hackcelerator on Web 3.0 and Green Finance

Ghana: Central Banks advised to replace banknotes with digital currencies – Governor

Global: JPMorgan Begins Processing Collateral Settlements Using Blockchain

Nigeria: CBN sets criteria for Credit Risk Management System enrolment

Global: Twitter fined $150m in US for selling users’ data

Nigeria: NCC licenses Elon Musk’s Starlink to provide internet service in Nigeria

India to roll out CBDC using a graded approach: RBI Annual Report

Fintech startup Grey expands into East Africa

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