Regulatory
Nigeria: SEC Grants ‘Approval in Principle’ to Two Crypto Firms Under New Regulatory Program
The Securities and Exchange Commission (SEC) has granted “Approval-in-Principle” to two digital asset exchanges, Busha Digital Limited and Quidax Technologies Limited, allowing them ...
Regulatory
Global: BIS Warns Banks of Emerging Risks from Permissionless Blockchains
Permissionless blockchain networks, such as Ethereum, introduce several risks that banks are still grappling with, according to a recent paper published by the ...
Nigeria
Nigeria: Over 30 Million Nigerians Now Have Credit Scores, Says CRC Credit Bureau
CRC Credit Bureau has announced a significant milestone: more than 30 million Nigerians now have credit scores in its database. This achievement underscores ...
Regulatory
Nigeria: NCC Sets Final Deadline for NIN-SIM Linkage as 153 Million SIMs are Linked
The Nigerian Communications Commission (NCC) has set September 14, 2024, as the final deadline for the ongoing National Identity Number (NIN) and Subscriber ...
Nigeria
Nigerian Government to Enhance Global Market Access for MSMEs
The Federal Government of Nigeria is taking significant steps to broaden global market access for the country’s micro, small, and medium enterprises (MSMEs) ...
Kenya
Kenya: Safaricom Addresses Concerns Over Starlink Payment Cancellation Rumors
Safaricom recently clarified rumors regarding the cancellation of payments for Starlink services, addressing speculation that had circulated online. The telco had previously suggested ...
Regulatory
Global: Mastercard Launches Payment Passkeys in India to Combat Rising Online Fraud
Mastercard has introduced its Payment Passkey service in India, launching an initial pilot in collaboration with some of the country’s leading payment platforms ...
Ghana
Ghana: Bank of Ghana Urges Microfinance Institutions to Strengthen Compliance and Governance
The Bank of Ghana (BoG) has called on microfinance institutions (MFIs) to bolster their governance structures, enhance risk management practices, and strictly adhere ...
Regulatory
Uganda: Flutterwave Secures Payment Systems Operator License in Uganda
Flutterwave has successfully obtained a Payment Systems Operator (PSO) license from the Bank of Uganda, marking a significant milestone in its ongoing expansion ...
Regulatory
Global: FCA Rules and Prolonged Approval Times Hinder UK’s Ambitions to Become a Global Crypto Hub
The UK’s aspirations to establish itself as a global hub for cryptocurrency are being challenged by stringent Financial Conduct Authority (FCA) regulations and ...