Egypt
EGYPT’S CENTRAL BANK TO KEEP INTEREST RATES UNCHANGED
The Monetary Policy Committee (MPC) has decided to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the ...
Global
Singapore to License Digital Payment Providers, Approves Crypto Exchange
The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the ...
Africa
Namibia: Central Bank to Conduct Balance of Payment Census
THE Bank of Namibia plans to conduct a balance of payment (BoP) census to increase Namibia’s BoP sample size and statistics. In a ...
Global
RBI Issues Outsourcing Guidelines For Payment System Operators
The Reserve Bank of India issued a new framework for outsourcing of activities by payment system operators. The regulator also reiterated that despite ...
Regulatory
Zimbabwe: RBZ Moves To Clear US$1,7 Billion Forex Backlog
THE Reserve Bank of Zimbabwe (RBZ) is moving to clear a US$1,7 billion foreign currency backlog which has been blamed for retarding progress ...
Global
Mexican regulator claims 12 digital currency exchanges operating illegally
One of Mexico’s financial services regulators has flagged 12 digital currency exchanges, which it says are operating illegally. According to the watchdog, these exchanges ...
Global
Crypto Startup Ramp Secures FCA Registration
U.K. crypto payments infrastructure startup Ramp has become the eighth crypto firm to secure registration with the country’s financial-services watchdog, the Financial Conduct ...
Global
Cambodia explores cross-border transactions of CBDC
The National Bank of Cambodia (NBC) continues progressing with its central bank digital currency- (CBDC)-like initiative known as Bakong, disclosing several project milestones. ...
Global
Venezuela to launch CBDC in October
The Central Bank of Venezuela will launch a CBDC in October alongside a monetary redenomination that will cut six zeros from the currency ...
Nigeria
Nigeria: CBN recovers customers’ N89.2b from commercial banks
The Central Bank of Nigeria (CBN) has so far recovered N89.2 billion of customer’s money from commercial banks in the country based on ...