Kenya
Kenya’s ICT Ministry Pushes for New Digital ID and AI Regulations
Eliud Owalo, Kenya’s Cabinet Secretary for Information and Communication Technology, has announced his ministry’s initiative to propose new legislation aimed at regulating the ...
Regulatory
Global: EU Cracks Down on Biometric Data Misuse Under GDPR Regulations
In the European Union, the hammer is coming down on the misuse of biometric data, as national privacy regulators enforce stringent actions for ...
Regulatory
Global: South Korea’s Central Bank Maintains Cautious Stance on Interest Rates
On Friday, South Korea’s central bank expressed increased caution regarding the inflation outlook and export strength, influencing its decision to maintain the policy ...
Regulatory
Global: Diverse Regulations Impede Stablecoin Effectiveness, BIS Highlights
A recent analysis by the Bank for International Settlements (BIS) across 11 different jurisdictions has revealed that the global potential of stablecoins is ...
Nigeria
Nigeria: Foreign Exchange Regulations Impacting Cross-Border Commerce, Traders Report
Traders engaged in cross-border activities have voiced concerns that the foreign exchange policies implemented by the Central Bank of Nigeria (CBN), which require ...
Nigeria
Nigeria: Government Endorses Cardoso’s Strategies for Naira Revival and Targets Forex Manipulators
In a recent announcement, Ajuri Ngelale, the President’s Special Adviser on Media and Publicity, confirmed the administration’s support for the initiatives led by ...
Nigeria
Nigeria: NGX Group commences strategic investment in Ethiopian Securities Exchange
Nigerian Exchange Group, NGX Plc has announced a significant investment in the Ethiopian Securities Exchange (ESX). NGX Group is among the top institutional investors that ...
Regulatory
Global: Hong Kong regulator fast-tracks Bitcoin spot ETF approvals
The first batch of spot Bitcoin ETFs is set to be approved in the region by April 15, According to local news outlet Tencent ...
Regulatory
Global: EBA Clearing preps Verification of Payee
EBA Clearing will roll out a pan-European Verification of Payee feature by the end of the year. Ready by December, the feature will ...
Nigeria
Nigeria: CBN Issues Warning Against Using Forex as Collateral for Naira Loans
The Central Bank of Nigeria (CBN) has issued a stern warning to bank customers, urging them to refrain from using foreign currency as ...