Regulatory
Global: Wholesale CBDCs Likely to Precede Retail Versions in Near Term, Says BIS
According to the Bank for International Settlements (BIS), there has been a significant increase in experiments and pilot projects focused on wholesale central ...
Cameroon
Cameroon Lawmakers Review Legislation to Address Statelessness
Cameroon’s Parliament is currently reviewing a bill that would allow the country to join two United Nations Conventions focused on the recognition and ...
Regulatory
Global: California Bill Mandates Digital ID Collection from High-Volume Sellers on Marketplaces
California’s Democratic lawmakers are swiftly advancing a bill that would require online marketplaces to collect identity data from high-volume sellers who advertise online ...
Regulatory
Global: DOJ Sues Adobe Over Hidden Termination Fees and Difficult Subscription Cancellations
The U.S. Department of Justice (DOJ) has filed a lawsuit against Adobe, accusing the company of deceiving consumers by concealing early-termination fees and ...
Nigeria
Nigeria: SEC Advocates for Capital Market Innovation to Drive Sustainable Growth
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has called on capital market operators to embrace innovation as a ...
Ethopia
Ethiopia Advances Economic Reform with Steps Toward Central Bank Digital Currency (CBDC)
The National Bank of Ethiopia (NBE) has taken significant steps in its economic reform agenda by preparing two new proclamations. One of these ...
Regulatory
Global: Strengthen UK Digital ID Regulations to Enhance Anti-Money Laundering Efforts, techUK Urges Treasury
Digital identity plays a crucial role in the fight against money laundering, and techUK, a leading trade association, is calling for the UK ...
Nigeria
Nigeria: NEPZA Introduces Tax Breaks and Other Incentives to Retain Foreign Investments in Nigeria
To curb the exodus of foreign businesses from Nigeria, the Nigeria Export Processing Zones Authority (NEPZA) has introduced several measures aimed at supporting ...
Nigeria
Nigeria: Investors Reduce Treasury Bills Holdings Amid CBN Rate Cuts
Investors responded negatively by reducing their holdings of Nigerian Treasury Bills (NTBs) in the secondary market following consecutive cuts in spot rates at ...
Nigeria
Nigeria: Wema Bank Successfully Concludes First Phase of Recapitalisation
Wema Bank Plc has successfully completed the first tranche of its recapitalisation exercise, securing all necessary regulatory approvals for its N40 billion rights ...