Global
Global: EU reaches agreement on landmark MiCA regulation for crypto
The Council Presidency and European Parliament have settled on the Markets in Crypto-Assets (MiCA) proposal; ruling that crypto-asset service providers will require authorisation ...
Regulatory
South Africa: US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin
The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. ...
Ghana
Ghana: Bank of Ghana- Enabling MSME Growth Through FinTechs
Introduction Micro, small, and medium enterprises (MSMEs) provide over 80% of global manpower and are a major contributor to Gross Domestic Product (GDP). ...
Global
Global: Basel Committee wants to limit banks’ digital asset exposure to just 1% of equity
The Basel Committee on Banking Supervision suggested during its second consultation on the prudential treatment of crypto-asset exposures that banks limit their exposure to ...
Global
Global: Three Arrows Capital Misled Regulators in Singapore: MAS
Singapore’s central bank found Three Arrows Capital had misled regulators when signaling it had shifted fund management to the British Virgin Islands The ...
Regulatory
South Africa: SA Information Regulator Ready to Fine and Jail Company Directors for Data Breaches
The regulator might slap companies with sanctions, including fines of up to R10m or company directors facing imprisonment for up to 10 years. ...
Nigeria
Nigeria: Nigeria Hints on Blockchain Technology Regulations
The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim (Pantami), has assured key industry players and indeed Nigerians of the Federal ...
Regulatory
Togo: Togocom slapped with $3.7 million fine for network breaches
Togo’s Regulatory Authority for Electronic Communications and Posts (ARCEP), has slapped Togocom with a XOF2.3 billion (USD3.7 million) fine, or 2% of the ...
Nigeria
Nigeria: Entries for eNaira Hackathon Closes July 21, CBN says
Entries for the Central Bank of Nigeria (CBN) and Africa Fintech Foundry (AFF) eNaira hackathon will close on July 21, 2022. The financial regulator had ...
Global
Global: SEC Fines Ernst & Young $100 Million Over Employee Cheating On CPA Exams
Ernst & Young will pay $100 million to the Securities and Exchange Commission –– the largest fine the regulator has issued to an ...
