Nigeria
Nigeria: FCCPC Grants Approval to Ten New Digital Money Lenders in Nigeria
The Federal Competition and Consumer Protection Commission (FCCPC) has officially registered ten new companies to operate as digital money lenders in Nigeria. With ...
Nigeria
Nigeria: House of Representatives Advances Bill to Amend CBN Act
A bill aimed at amending the Central Bank of Nigeria (CBN) Act successfully passed its Second Reading in the House of Representatives on ...
Africa
Africa: ECOWAS Group and ICPC Advocate Heightened Action Against Illicit Financial Flows in Africa
Mr. Edwin Harris, the Director-General of the ECOWAS Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA), Senegal, has called on African ...
Nigeria
Nigeria: NCC Emphasizes the Benefits of Technology-as-a-Service (TaaS)
Dr. Aminu Maida, the Executive Vice-Chairman of the Nigerian Communication Commission (NCC), underscored the significance of Technology as a Service (TaaS) for the ...
Regulatory
Global: SEC Chair Gensler Signals Openness to FTX Reboot with Legal Compliance
The Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has indicated that he would consider a revamped FTX crypto exchange, ...
Nigeria
Nigeria: CBN Affirms Legality of Old Banknotes, Urges Public Acceptance
The Central Bank of Nigeria (CBN) has reiterated that every banknote issued by the institution remains legal tender, urging the public not to ...
Regulatory
Global: UAE Central Bank Implements Penalties for Unlicensed Virtual Asset Service Providers
The Central Bank of the United Arab Emirates (CBUAE) has collaborated with national regulators to release joint guidance, introducing penalties for unlicensed Virtual ...
Regulatory
Global: UK Announces Regulations Allowing Tech Companies to Issue Payment-Based Stablecoins
The Bank of England (BOE) and the Financial Conduct Authority (FCA) in the United Kingdom have unveiled their plans to regulate the stablecoin ...
Regulatory
Global: U.S. Consumer Watchdog Proposes Regulations for Big Tech Payments and Digital Wallets
The Consumer Financial Protection Bureau (CFPB), the top consumer financial watchdog in the United States, has put forth a proposal to regulate digital ...
Nigeria
Nigeria: Embrace Technology with Caution: Calls to Capital Market Operators from FinTechNGR and SEC
Capital market operators have received a compelling call to harness the potential of technology to enhance their operations while remaining vigilant about associated ...