Regulatory
Global: EU’s Breton Initiates Investigations into Three Tech Platforms, Including X
Thierry Breton, the EU’s industry chief, has launched investigations into the content moderation decisions of three tech platforms, including Elon Musk’s X. Recent ...
Regulatory
Global: UK to Establish Pioneering AI Safety Institute, Announces PM Sunak Ahead of Summit
Prime Minister Rishi Sunak declared on Thursday that the United Kingdom will establish the world’s first institute dedicated to artificial intelligence (AI) safety, ...
Regulatory
Global: UK’s FCA Reports 221 Violations of New Crypto Marketing Rules
Since the United Kingdom introduced new crypto marketing regulations on October 8, crypto-promoting firms have breached these rules at least 221 times, according ...
Nigeria
Nigeria: CBN Forex Policy Documentation Expected to Instill Order and Discipline in Nigeria, Says i-Invest Chairman
Dotun Sulaiman, Chairman of Parthian Partners Limited, the brokerage firm behind the digital investment platform i-Invest, is optimistic about the potential impact of ...
Regulatory
Global: Singapore MAS Directs DBS and Citibank to Probe Extended System Outage
The Monetary Authority of Singapore (MAS) has issued an order for DBS and Citibank to conduct a detailed investigation into the reasons behind ...
Nigeria
Nigeria: Federal Government to Enforce Excise Duty on Telecoms Services, Contemplates VAT Rate Increase
The Federal Government is gearing up to introduce excise duty on telecommunication services as part of its strategy to augment revenue generation. This ...
Nigeria
Nigeria: Lagos Tax Appeal Tribunal Orders MTN to Pay $72.5 Million Fine to FIRS
The Lagos State Division of the Tax Appeal Tribunal has ruled that MTN Nigeria Communications must pay a fine of $72,551,059 in tax ...
Regulatory
Ghana Revenue Authority Shuts Down Chinese Firm Sol Cement Over ¢700m Tax Default
The Ghana Revenue Authority (GRA) has taken action against the Chinese cement manufacturing company, Sol Cement, due to significant tax defaults amounting to ...
Regulatory
Global: Thailand Postpones Digital Money Initiative, Sparking Calls for Investigation
Thailand’s scheduled digital wallet program, aimed at disbursing 10,000 baht (approximately $274) to citizens over 16 years of age, has encountered a delay. ...
Regulatory
Global: Hong Kong Securities Regulator Revises Cryptocurrency Policies in Response to Market Developments
The Securities and Futures Commission (SFC) of Hong Kong has declared its intention to update its policies concerning virtual currency sales and requirements. ...
