Regulatory
Global: 21X Secures Groundbreaking License for Blockchain-Based Exchange and Settlement Under EU’s DLT Pilot Regime
In a landmark development, 21X has become the first financial market infrastructure (FMI) to receive a DLT Pilot Regime license from Germany’s BaFin ...
Regulatory
Global: OCC Recognizes Three Financial Institutions with ‘Outstanding’ Ratings in CRA Evaluations
The Office of the Comptroller of the Currency (OCC) has awarded “outstanding” ratings to three out of 19 financial institutions in its latest ...
Regulatory
Global: UK Charts Path for Comprehensive Crypto Regulation by 2026
The United Kingdom has outlined a roadmap for comprehensive cryptocurrency regulation, with legislation expected to come into effect by late 2026. The announcement ...
Nigeria
Nigeria: SEC Reassures Investors on Fintech Regulation
he Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has reiterated its commitment to safeguarding investors amidst the growing adoption of ...
Nigeria
Nigeria: SEC Introduces New Registration Requirement for Capital Market Operators
The Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has announced a new requirement for capital market operators (CMOs) renewing their ...
Nigeria
Nigeria: CBN’s Interest Rate Hike Dampens Stock Market Performance
The Nigerian Exchange Limited (NGX) experienced a downturn last week as the stock market reacted negatively to the Central Bank of Nigeria’s (CBN) ...
Nigeria
Nigeria: NASD Calls for Adherence to SEC Rules on Trading Unlisted Securities
The NASD OTC Exchange has urged public limited companies to comply with the Securities and Exchange Commission (SEC) regulation mandating that securities of ...
Nigeria
Nigeria: CBN Extends Bureaux De Change Recapitalisation Deadline by Six Months, Urges Industry Unity
The Central Bank of Nigeria (CBN) has extended the deadline for bureaux de change (BDC) operators to meet new recapitalisation requirements by six ...
Regulatory
Global: Central Banks Prioritize Legacy Instant Payment Systems Over CBDCs
Despite advancements in blockchain technology, traditional financial infrastructure appears poised to dominate the international payments market for the foreseeable future. Central banks are ...
Nigeria
Nigeria: CBN Launches Electronic Foreign Exchange System with $100,000 Minimum Trading Limit
The Central Bank of Nigeria (CBN) has introduced the Electronic Foreign Exchange Matching System (EFEMS), a new initiative designed to promote transparency, fairness, ...
