Nigeria
Nigeria Eliminates Deadline for Submission of Old Banknotes
In October 2022, the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, unveiled plans to redesign and introduce a new ...
Regulatory
Global: Italian Regulatory Authority Restrains Intesa Sanpaolo from Unilateral Customer Migration to App-Only Unit
Intesa Sanpaolo faces a directive from Italy’s competition authority, Autorità Garante Della Concorrenza e del Mercato (AGCM), to cease the migration of 2.4 ...
Nigeria
Nigeria: CBN Mandates Banks to Accept Both Old and Redesigned Banknotes
The Central Bank of Nigeria (CBN) has instructed all of its branches to continue issuing and accepting all denominations of Nigerian banknotes, encompassing ...
Regulatory
Global: U.S. Warns Crypto Companies: Act Against Illicit Finance or Face Isolation
Deputy Treasury Secretary Wally Adeyemo issued a stark warning to cryptocurrency companies, stating that the U.S. government will sever their ties with the ...
Regulatory
Global: Bitcoin Group Enhances Controls in Response to Regulatory Concerns
Germany’s Bitcoin Group announced on Wednesday that it is taking decisive steps to strengthen its internal control system, following an order from the ...
Regulatory
Global: Australia to Overhaul Laws to Regulate Digital Payments, Including Apple and Google Pay
Australia’s government announced on Monday its intention to introduce legislation that would place digital payment services such as Apple Pay, Google Pay, and ...
Regulatory
Global: Philippines’ SEC Initiates Measures to Restrict Access to Binance, World’s Largest Crypto Exchange
The Philippines’ Securities and Exchange Commission (SEC) has commenced the process of blocking access to Binance, the world’s largest cryptocurrency exchange. The move ...
Regulatory
Global: UK Regulator Raises Concerns Over Adobe’s $20 Billion Figma Acquisition, Citing Potential Innovation Harm
The United Kingdom’s Competition and Markets Authority (CMA) has expressed provisional concerns about Adobe’s planned $20 billion acquisition of collaboration software firm Figma. ...
Regulatory
Global: FCA Implements Rules to Combat Greenwashing
The Financial Conduct Authority (FCA) is taking decisive action against greenwashing by introducing sustainability disclosure requirements and an investment labels regime. Originally proposed ...
Regulatory
Global: UK’s Paymentsense Secures Irish E-Money Licence for Expansion
Paymentsense, based in the UK, is set to enter the Irish market under the trading name Dojo following the acquisition of an e-money ...
