Regulatory
UK Regulations to Create New Digital Markets Unit
U.K. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms. That new ...
Regulatory
Reserve Bank of India Enhances RTGS money transfer operation 24X7
RBI Governor Shaktikanta Das announced that the RTGS facility would be available round-the-clock from today The RBI also decided to increase the limit ...
Regulatory
France fines Google $120M and Amazon $42M for dropping tracking cookies without consent
France’s data protection agency, the CNIL, has slapped Google and Amazon with fines for dropping tracking cookies without consent. Google has been hit with a total ...
Regulatory
CBN issues new licence categorization for the Nigerian payment systems
In a bid to promote a strong and credible payment system in the country, the Central Bank of Nigeria, CBN, has approved ...
Regulatory
China regulator puts country’s fintech giants on notice hinting at more rules
China’s top banking regulator on Tuesday questioned the power of the country’s large financial technology companies and hinted at “timely and targeted measures ...
Regulatory
Russian central bank takes a U-turn on its cryptocurrency stance
Central bank’s digital currency, commonly known as CBDC, entails lots of risks for the banking sector and offers many benefits for consumers and ...
Regulatory
Malaysian Stock Exchange expands market-making framework to increase efficiency, flexibility
Malaysian Stock Exchange has expanded its market-making framework to increase market efficiency and promote liquidity and depth, effective today. Bursa Malaysia in a ...
Regulatory
Reserve Bank of India increases limit for contactless card transactions from January 1
To ensure the adoption of digital payments in a safe and secure manner, the Reserve Bank of India governor yesterday announced that the ...
Regulatory
US Representatives Add Digital Currencies to the 2021 Defense Bill
The United States government is preparing to pass the 2021 National Defense Authorization Act (NDAA) and the latest bill includes a broad definition ...
Regulatory
There are good reasons for limiting how much money can leave South Africa: SARB
South African Reserve Bank deputy governor and chief executive of the Prudential Authority Kuben Naidoo has explained the central bank’s motives in limiting ...
