Kenya
Kenyan Lawmakers Collaborate with Blockchain Association to Draft Crypto Regulatory Framework
Kenya is poised to potentially lead the world in allowing industry representatives to develop the regulatory framework for cryptocurrency. The Blockchain Association of ...
Regulatory
Global: Hong Kong Regulator Unveils Tokenized Investment Requirements in Response to Growing Demand
The Securities and Futures Commission (SFC) of Hong Kong has issued a set of business requirements for the provision of tokenized securities and ...
Regulatory
Global: UK Regulatory Authorities Unveil Blueprint for Regulating Stablecoins
The Bank of England and the Financial Conduct Authority (FCA) have introduced proposals for the regulation of stablecoins, positioning them as a potent ...
Regulatory
Global: Dubai Financial Services Authority Approves Ripple XRP as a Virtual Asset
Ripple, a prominent player in enterprise blockchain and cryptocurrency solutions, has announced that the Dubai Financial Services Authority (DFSA) has granted approval for ...
Global
Global: SEC Subpoenas PayPal Over Recently Launched Stablecoin
PayPal has received a subpoena from the U.S. Securities and Exchange Commission (SEC) requesting documentation related to its newly launched stablecoin. In its ...
Kenya
Kenya: Bolt Kenya Ordered to Compensate Driver $662,743 and Rectify Account Deactivation
Bolt Kenya has been instructed to pay 1,000,008,000 Kenyan shillings ($662,743) to one of its drivers, Kennedy Wainaina Mbugua, by Friday, November 3. ...
Regulatory
Global: Turkey to Strengthen Crypto Asset Regulations in Bid to Exit FATF “Grey List”
Turkey is gearing up to introduce new legislation addressing crypto-assets, with the goal of persuading the Financial Action Task Force (FATF) to remove ...
Regulatory
Global: Remittance App Sendwave Fined by CFPB for Deceptive Practices
The Consumer Financial Protection Bureau (CFPB) has imposed a $1.5 million penalty on Chime, the operator of the remittance app Sendwave, for misleading ...
Kenya
Kenya Introduces New Digital ID Legislation with Added Facial and Iris Biometrics
The Kenyan government has revised and gazetted legislation to accommodate a new biometric citizen registration method for an upcoming digital ID system pilot. ...
Regulatory
Nigeria: Speaker Abbas Advocates for Regulation of Artificial Intelligence and Robotics
Abbas Tajudeen, the Speaker of the House of Representatives, has called for the regulation of emerging technologies, including Artificial Intelligence (AI) and Robotics. ...
