Nigeria
Nigeria: CBN Confirms No Deadline on Old Naira Notes Circulation
The Central Bank of Nigeria (CBN) has clarified that there is no set deadline for the use of old N200, N500, and N1,000 ...
Nigeria
Nigeria: Federal Government Drops Money Laundering Charges Against Binance Executive Tigran Gambaryan
In a significant development, the Federal Government of Nigeria has withdrawn the money laundering charges against Tigran Gambaryan, a senior executive at Binance ...
Regulatory
South Africa’s Regtech Market Projected to Reach R5.3 Billion Amid Greylisting Challenges
South Africa’s regulatory technology (regtech) market is poised for significant growth, expected to rise by 27.7% annually, reaching $302.31 million (R5.3 billion) in ...
Kenya
Kenya Revenue Authority Set to Launch WhatsApp Chatbot for Tax Invoicing
The Kenya Revenue Authority (KRA) is set to unveil a WhatsApp chatbot designed to help small business owners generate electronic tax invoices directly ...
Africa
Africa: Afreximbank Advocates for AI-Driven Compliance to Strengthen African Trade
The African Export-Import Bank (Afreximbank) is championing the integration of artificial intelligence (AI) into financial and regulatory processes to enhance compliance and bolster ...
Nigeria
Nigeria: PenCom Provides Update on Private Sector Compliance in Q2 2024
The National Pension Commission (PenCom) has released its report on private sector compliance with the Contributory Pension Scheme (CPS) for the second quarter ...
Regulatory
Global: UK Crypto Rules Lacking Clarity Amidst MiCA’s Looming Impact
As Europe prepares to implement the Markets in Crypto-Assets Regulation (MiCA), industry insiders are divided on whether the United Kingdom presents a viable ...
Regulatory
Global: Norway’s Cashless Economy Slows as New Cash Payment Rules Take Effect
Despite Norway’s push towards a cashless society, recent changes to the Central Bank Act aim to reinforce the right of consumers to pay ...
Regulatory
Global: Banking-as-a-Service (BaaS) Faces Heightened Regulatory Scrutiny Amid OCC and FDIC Actions
Banking-as-a-Service (BaaS), a model poised to transform financial services, is now under increasing regulatory scrutiny, with recent actions by the Office of the ...
Regulatory
Zimbabwe Mandates PoS Machines for Businesses to Curb Unfair Practices
Zimbabwe has intensified efforts to ensure that businesses comply with regulations mandating the use of point-of-sale (PoS) machines, as part of a broader ...