Regulatory
Global: India Proposes Cross-Border CBDC Interoperability with Plug-and-Play System
The Reserve Bank of India (RBI) is exploring the development of a plug-and-play system to enhance the efficiency and interoperability of cross-border payments, ...
Regulatory
Nigeria: Quidax Secures Provisional Operating License from Nigerian SEC, Marking a First for African Crypto Exchanges
Quidax, a leading cryptocurrency exchange founded in Africa, has made history by becoming the first crypto exchange to secure a provisional operating license ...
Regulatory
Global: Money Laundering Leads UK Fraud Cases in First Half of 2024
The number of fraud cases heard in UK Crown Courts during the first half of 2024 increased by 16% compared to the same ...
Regulatory
Nigeria: NAICOM Explains Rationale Behind Licensing NPF Insurance
In response to public concerns over the establishment of NPF Insurance Limited, the National Insurance Commission (NAICOM) has provided clarity on its decision ...
Nigeria
Nigeria: ‘Crypto Tax Reforms to Transform Nigeria’s Economy’
The Nigeria Professionals in Diaspora group has hailed the crypto tax reforms introduced by the Federal Inland Revenue Service (FIRS), asserting that these ...
Regulatory
Global: Reserve Bank of India to Launch Unified Lending Interface for Seamless Credit Access
The Reserve Bank of India (RBI) is set to introduce a groundbreaking technology platform designed to facilitate frictionless credit access, particularly for small- ...
Regulatory
Global: CFPB’s Small Business Lending Data Collection Rule Survives Legal Challenge
The Consumer Financial Protection Bureau (CFPB) has successfully defended its rule requiring lenders to collect demographic data on small business borrowers, overcoming another ...
Nigeria
Nigeria: AMCON Engages International Asset Tracers to Recover N5 Trillion from Debtors
The Asset Management Corporation of Nigeria (AMCON) has launched an aggressive campaign to recover nearly N5 trillion in outstanding debts by enlisting the ...
Regulatory
Nigeria: Benchmark Yield on Nigerian Government Bond Falls to 19.55%
The average yield on Nigerian government bonds continued its downward trend in the secondary market as investors increased their holdings of naira-denominated assets, ...
Regulatory
Nigeria: Money Market Rates Decline as CBN Reopens Borrowing Window
Money market rates fell further on Monday, driven by a sustained high level of liquidity in the financial system. This liquidity was bolstered ...