Regulatory
Global: European Union Reaches Milestone Agreement on AI Regulations
In a groundbreaking development, Europe has achieved a provisional agreement on European Union regulations that will govern the use of artificial intelligence (AI), ...
Regulatory
Global: Enhanced Oversight Proposed for UK Financial Regulators on Critical Technology Suppliers
British banking regulators, including the Bank of England, Prudential Regulation Authority, and Financial Conduct Authority, have put forth proposals for increased scrutiny of ...
Africa
Africa: Flutterwave Secures 13 New Money Transmission Licenses, Expanding Services Across 29 U.S. States with Send App Remittance Solution
Flutterwave, the leading payments technology company in Africa, has successfully obtained money transfer licenses for 13 U.S. states, enhancing the speed, affordability, and ...
Ghana
Ghana: StacAi Receives Regulatory Green Light for Groundbreaking Financial Trust Infrastructure
StacAi proudly announces a significant milestone with the successful acquisition of regulatory approval from the Bank of Ghana, paving the way for the ...
Regulatory
Global: EU Nears Milestone with AI Act Agreement After Extended Talks
European Union lawmakers and member states reached provisional agreements on Thursday regarding the regulation of artificial intelligence (AI) systems, including those akin to ...
Nigeria
Nigeria: Banks Instructed to Remove Non-Deposit Financial Institutions from Transfer Platforms
Banks have received directives to discontinue the inclusion of Switches, Payment Solution Service Providers (PSSPs), and Super Agents from the Nigeria Inter-Bank Settlement ...
Regulatory
Global Push for CBDCs Persists Despite Past Failures
In spite of the inherent risks and past failures associated with central bank digital currencies (CBDCs), global policymakers continue to advocate for their ...
Regulatory
Global: SEC Extends Decision Timeline for Grayscale Ethereum Trust’s Spot Ether ETF Proposal
The U.S. Securities and Exchange Commission (SEC) has announced an extension of the deadline to decide on the proposed rule change allowing NYSE ...
Nigeria
Nigeria: CBN Governor, Olayemi Cardoso, Approves Revised Service Charter for Enhanced Business Facilitation
Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has given his approval for the revised Service Charter of the ...
Regulatory
South Africa’s Financial Regulator to Evaluate 36 Crypto Firms for Licensing in December
The Financial Sector Conduct Authority (FSCA), South Africa’s financial regulator, is poised to scrutinize applications from 36 cryptocurrency companies seeking operational licenses in ...
