Regulatory
Global: FCA Advances Plans for a Regulated Crypto Regime
The UK’s Financial Conduct Authority (FCA) has taken a significant step toward establishing a regulated framework for the cryptocurrency market by releasing a ...
Regulatory
Greece to Cap Bank Fees on Money Transfers and Eliminate Consumer Bill Pay Charges
Greece is taking steps to ease the financial burden on consumers by capping banks’ money transfer fees and eliminating charges for bill payments. ...
Regulatory
Global: UK Regulator PSR Proposes Cap on Cross-Border Card Fees
The Payment Systems Regulator (PSR) has unveiled plans to cap cross-border card fees after Mastercard and Visa significantly increased their interchange fees in ...
Nigeria
Nigeria: Naira Strengthens to N1,540 as CBN Injects $124 Million to Bolster FX Liquidity
The naira closed the week on a stronger footing in Nigeria’s autonomous foreign exchange market, supported by improved liquidity and sustained dollar inflows. ...
Nigeria
Nigeria: CBN Denies Authenticity of Circular Authorising FX Sale to BDCs
The Central Bank of Nigeria (CBN) has rejected the authenticity of a circular circulating on social media that claims to authorise the sale ...
Nigeria
Nigeria: NITDA Warns African Financial Sector of Rising Cyber Threats from Grandoreiro Banking Malware
The National Information Technology Development Agency (NITDA) has issued a critical alert concerning Grandoreiro, an advanced banking malware that presents a significant cybersecurity ...
Regulatory
Global: French Hill to Chair House Financial Services Committee in 2025
French Hill, a crypto-supportive representative from Arkansas, will assume the role of Chairman of the House Financial Services Committee in the 119th United ...
Regulatory
Global: Bank of England Watchdog Calls for Crypto Exposure Disclosures
The Bank of England’s Prudential Regulation Authority (PRA) has issued a directive for firms to disclose their current and anticipated cryptocurrency exposures as ...
Nigeria
Nigeria: Tax Reforms Bill Fails to Address Nigeria’s Regional Disparities – Report
A recent survey by SBM Intelligence has criticized the federal government’s proposed tax reforms, arguing that they fail to consider the unique socioeconomic ...
Nigeria
Nigeria: NITDA Flags X and TikTok for Tax Non-Compliance in Nigeria
The National Information Technology Development Agency (NITDA) has accused social media platforms X (formerly Twitter) and TikTok of failing to meet tax filing ...
