Regulatory
Global: European Stocks Rebound as Markets Anticipate Fed Chair Powell’s Speech
European stock markets made gains on Wednesday, rebounding from earlier losses, while Asian markets declined as investors awaited a key speech by US ...
Regulatory
Global: Abu Dhabi Unveils Proposed Regulatory Framework for Fiat-Referenced Tokens
Abu Dhabi’s Financial Services Regulatory Authority (FSRA) has introduced a proposed regulatory framework for fiat-referenced tokens (FRTs), a type of stablecoin backed by ...
Regulatory
Global: Wyoming Stablecoin Set for Potential Q1 2025 Launch, Says Governor Mark Gordon
Wyoming Governor Mark Gordon recently announced that the state is preparing to launch a dollar-pegged stablecoin by the first quarter of 2025. Speaking ...
Nigeria
Nigeria: NFIU Leverages AI and Machine Learning to Enhance Intelligence Capabilities
The Nigeria Financial Intelligence Unit (NFIU) has initiated the deployment of Artificial Intelligence (AI) and machine learning tools to bolster its operational capabilities ...
Nigeria
Nigeria: S.Mobile Enhances Digital Service Delivery with New API for MTN Data Bundles
S.Mobile, an innovative tech company based in Enugu, has launched a new application programming interface (API) designed to streamline the distribution of MTN ...
Nigeria
Nigeria Set to Introduce New Cryptocurrency Tax Laws by September 2024
Nigeria is preparing to introduce new tax laws aimed at regulating cryptocurrency transactions by September 2024. This move marks a significant step towards ...
Regulatory
Global: China’s Supreme Court Expands Anti-Money Laundering Law to Include Virtual Assets
China’s Supreme People’s Court and Supreme People’s Procuratorate have revised the country’s Anti-Money Laundering (AML) laws, officially recognizing “virtual asset” transactions as a ...
Regulatory
Global: Hong Kong Issues New Guidelines for Generative AI in Consumer Protection
The Hong Kong Monetary Authority (HKMA) has released new guidelines on the use of generative artificial intelligence (AI) in consumer-facing applications, aiming to ...
Regulatory
Global: Bank of Ireland Sounds Alarm Over Alarming Surge in Investment Scams
The Bank of Ireland has reported a significant 76% increase in investment fraud attempts during the first half of 2024, compared to the ...
Regulatory
Global: Bank of England to Develop Analytics Data Platform for ISO 20022
The increasing adoption of ISO 20022 standards for payment messaging in Real-Time Gross Settlement (RTGS) systems is driving many central banks to implement ...
