Ghana
Ghana Revenue Authority Pursues Unpaid Taxes, Targets Foreign Nationals’ Accounts Worth GH¢1.6 Billion
The Commissioner-General of the Ghana Revenue Authority (GRA) has announced plans to pursue the accounts of Ghanaians living abroad due to outstanding tax ...
Regulatory
Tanzania: DIB Extends Claim Submission Period for FBME Depositors and Creditors
The Deposit Insurance Board (DIB) has granted an extension for the submission of claims to depositors and other creditors of FBME Bank Limited, ...
Regulatory
Global: China Intensifies Crackdown on Tether, Hong Kong Proposes Stablecoin Licenses
China is intensifying efforts to curb the use of cryptocurrencies such as Tether (USDT) in foreign exchange trading more than two years after ...
Regulatory
Global: Bank of Korea Governor Cautions Against Prolonged Monetary Tightening Amid Warning Signs
Bank of Korea Governor Rhee Chang-yong expressed concerns on Monday about potential financial risks associated with prolonged monetary tightening, citing recent market apprehensions ...
Regulatory
Global: Credit Suisse Faces S$3.9 Million Civil Penalty in Singapore Over Managers’ Misconduct
The Monetary Authority of Singapore (MAS) has levied a civil penalty of S$3.9 million on Credit Suisse AG for its failure to prevent ...
Nigeria
Nigeria: British American Tobacco Faces $110 Million Fine in Nigeria for Violations, FCCPC Announces
The Nigerian federal government has disclosed that British American Tobacco (BAT), Nigeria Limited, and its affiliated entities will be fined $110 million over ...
Regulatory
Global: The New York Times Initiates Lawsuit, Demands Compensation from OpenAI and Microsoft for Alleged Copyright Violation
The New York Times has filed a lawsuit against OpenAI and its collaborator and investor, Microsoft, claiming copyright infringement for training generative AI ...
Regulatory
Global: Hong Kong Proposes Licensing Framework for Stablecoin Issuers — Consultation Paper
Hong Kong is considering the acceptance and regulation of fiat-referenced stablecoins (FRS), but with a stipulation that issuers must obtain a specific local ...
Regulatory
Global: Coinbase Receives Cryptocurrency License Approval in France as Part of Global Expansion
Coinbase Global, the cryptocurrency exchange, has successfully registered with the French markets regulator as it pursues its global expansion strategy known as “Go ...
Nigeria
Nigeria: World Federation of Exchanges Advocates Stringent Regulations for Crypto Trading
In its recent report titled ‘Good Markets for Good Outcomes – the Role of Governance in the World’s Exchanges,’ the World Federation of ...
