Regulatory
Nigeria: Lawmakers Pledge Speedy Passage of NDIC Amendment Bill
The Chairman, House of Representatives Committee on Insurance and Actuarial Matters, Hon. Darlington Nwokocha, has pledged that the committee would facilitate a speedy ...
Regulatory
Bank of Uganda Launches Regulatory Sandbox Framework — One Fintech Firm Already Approved
The Bank of Uganda (BOU) has announced the launch of a regulatory sandbox that will allow fintech start-ups to test their innovative financial ...
Regulatory
Bank of Israel Tests a Digital Shekel
The Bank of Israel has already carried out a pilot test on a central bank digital currency (CBDC), Deputy Governor Andrew Abir revealed. ...
Regulatory
Banque de France successfully completes CBDC experiment with Switzerland-based crypto bank, SEBA
The central bank of France, Banque de France, has made some progress with regards to the development of a European Central Bank Digital ...
Regulatory
Nigeria: CBN to sell N722bn treasury bills in Q3’21
The Central Bank of Nigeria, CBN, said it will sell N722 billion worth of Treasury Bills (TBs) in the third quarter of 2021 ...
Kenya
Kenya locks out borrowers with multiple mobile loans
Standard Chartered Bank Kenya will lock out borrowers with multiple digital loans from its mobile lending app that will be unveiled in the coming ...
Regulatory
World Bank refuses to assist El Salvador with Bitcoin integration
The World Bank has refused to assist El Salvador with the integration of Bitcoin into its society stating concerns of environmental and transparency ...
Regulatory
Bank of England Boss Pledges ‘Tough Love’ in Cryptocurrency Regulation
Bank of England Governor Andrew Bailey says there will be an element of “tough love” in regulating cryptocurrency. “What we cannot have is ...
Regulatory
UK regulator warns Google about accepting scam adverts
The City regulator has warned it will take legal action against Google and social media companies if they continue to accept advertisements for ...
Regulatory
Russian central bank ‘short-sighted’ regarding crypto, lawmaker says
A Russian State Duma member has blasted the central bank’s tough stance on the cryptocurrency industry for ignoring the growing demand for crypto ...