Regulatory
Global: Fed’s Rate Hikes Prove Crucial in Restoring Inflation Control, Research Reveals
The Federal Reserve’s recent success in battling inflation has underscored the importance of backing verbal commitments with decisive action. According to new research ...
Regulatory
Global: Meta and Spotify CEOs Criticize EU AI Regulations, Warn of Innovation Risks
European Union (EU) regulations targeting artificial intelligence (AI) could potentially limit the region’s ability to capitalize on technological advancements and economic growth, according ...
Regulatory
Global: APIs for Digital Identity Verification Key to Transformation in Pakistan and Iran
Both Pakistan and Iran are advancing their digital transformation agendas, with national initiatives playing a critical role in enhancing digital identity verification and ...
Regulatory
Global: Anthropic Endorses California AI Bill, Citing Potential Benefits Over Costs
Anthropic, a leading AI developer, has expressed support for California’s revised AI regulation bill, SB 1047, stating that the benefits of the legislation ...
Regulatory
Global: Australian Regulator Secures Legal Victory Against Kraken’s Bit Trade in Federal Court
Australia’s federal court has ruled in favor of the Australian Securities and Investments Commission (ASIC) in a case against Bit Trade, the operator ...
Nigeria
Nigeria: NGX RegCo Endorses FRC on New Sustainability Reporting Standards
Olufemi Shobanjo, Chief Executive Officer of NGX Regulation Limited (NGX RegCo), has praised the Financial Reporting Council of Nigeria (FRC) for its leadership ...
Regulatory
Seychelles Enacts Legislation to Regulate Virtual Asset Service Providers
The Seychelles National Assembly has passed new legislation aimed at regulating virtual asset service providers (VASPs) within the country. This move, spearheaded by ...
Nigeria
Nigeria: Telcos and Subscribers Applaud Tinubu for Declaring Telecom Infrastructure as Critical National Assets
Mobile Network Operators (MNOs) and telecom subscribers have praised President Bola Tinubu for officially designating telecom infrastructure as critical national assets, a move ...
Egypt
Egypt: CBE Auctions $1.13 Billion in Treasury Bills
The Central Bank of Egypt (CBE) conducted two treasury bill (T-bill) auctions on Thursday, August 22, 2024, with a total value of EGP ...
Egypt
Egypt: Central Bank Permits Banks to Set Foreign Currency Withdrawal Limits
The Central Bank of Egypt (CBE) has announced that banks can establish their own policies for foreign currency withdrawal limits, provided these policies ...
