Nigeria
Nigeria: CBN Issues Stern Warning on Timely Regulatory Returns to Mortgage Banks, Development Finance Institutions, and Microfinance Banks
The Central Bank of Nigeria (CBN) has issued a firm warning to primary mortgage banks (PMBs), development finance institutions (DFIs), and microfinance banks ...
Nigeria
Nigeria: SEC Announces Stricter Regulations for Digital Assets Operations
The Securities and Exchange Commission (SEC) has unveiled its intention to enhance and update guidelines governing the operations of digital assets and virtual ...
Global
Global: India Enforces Open Choice: Banks Barred from Exclusive Credit Card Agreements
In a significant regulatory move, the Reserve Bank of India (RBI), the country’s central bank and primary bank regulator, has directed banks to ...
Regulatory
South Africa’s Ambitious COFI Bill Set to Revolutionize Fintech Industry
The South African government has unveiled plans to introduce the Conduct of Financial Institutions (COFI) Bill, marking a significant step toward reforming and ...
Nigeria
Nigeria: Binance Ceases Naira Services Amid Regulatory Tensions
Binance, the prominent cryptocurrency exchange, has declared the suspension of services supporting the Nigerian naira on its platform, effective from Tuesday. In an ...
Nigeria
Nigeria Disconnects Millions of Unregistered SIMs Without Verified Digital IDs
As of the February 28 deadline for registration with the National Identity Number (NIN), mobile network operators in Nigeria have disconnected millions of ...
Regulatory
Global: EU Competition Chief Vestager Emphasizes DMA’s Initial Focus on App Stores
The upcoming Digital Markets Act (DMA) will prioritize app stores, according to Margrethe Vestager, the European Union’s competition chief. Vestager highlighted the importance ...
Regulatory
Global: U.S. Regulators Expected to Unveil New Banking Rules This Spring, Addressing Liquidity Concerns
In response to last year’s banking crisis, the Federal Reserve and other U.S. regulators are reportedly gearing up to introduce new banking regulations ...
Regulatory
Global: BIS Releases Recommendations for Global Stablecoin Regulation
The Bank for International Settlements (BIS) has issued a set of recommendations aimed at regulating global stablecoins (GSCs) due to the potential risks ...
Regulatory
Global: Taiwan’s FSC Plans Cryptocurrency Regulatory Framework by September
Taiwan is set to introduce a legislative framework to regulate cryptocurrencies by September of this year, targeting both local and international entities involved ...