Kenya
Kenya: Three Companies Fined KSh 9.4 Million for Data Privacy Violations
The Office of the Data Protection Commissioner (ODPC) has imposed fines totaling KSh 9.4 million on three companies for breaches of personal data. ...
Regulatory
Global: Kraken Secures Central Bank E-Money License, Expands European Presence
Kraken, the US-based cryptocurrency platform, has received an EU e-money license from the Central Bank, marking a significant step in its expansion across ...
Global
Global: Shanghai Court Recognizes Bitcoin as Legal Digital Currency in China
In a significant development, the Shanghai No.2 Intermediate People’s Court in China has officially recognized Bitcoin as a distinct and non-replicable digital asset, ...
Nigeria
Nigeria: New CBN Governor Cardoso Aims to Tackle Dollar Debts and Revisit Monetary Policies
Olayemi Cardoso, the recently appointed Governor of the Central Bank of Nigeria (CBN), has outlined his agenda, which includes addressing the CBN’s unsettled ...
Nigeria
Nigerian Government Takes Initiatives to Enhance Fintech Funding and Regulatory Environment
In an effort to bolster the presence of fintech companies in the stock market and leverage their fundraising potential to enhance liquidity, the ...
Regulatory
Global: UK Financial Regulators Propose Initiatives to Promote Diversity in Financial Services
UK financial regulators have released consultation papers outlining proposals aimed at fostering diversity and inclusion within the financial services sector. These initiatives are ...
Regulatory
Global: NAB Penalized $1.4 Million for Unlawful Fees
The National Australia Bank (NAB) is facing a substantial penalty of $1.4 million ($2.1 million AUD) imposed by the Australian Federal Court for ...
Nigeria
Nigeria: DCC Advocates Urgent Regulation of Crypto Industry in Nigeria
The Digital Currency Coalition (DCC), comprising crypto asset practitioners, blockchain innovators, and founders, has emphasized the critical need for Nigeria’s federal government to ...
Regulatory
Global: Mastercard Expresses Opposition to Credit Card Competition Act
Mastercard has issued a letter to multiple members of the United States Congress, outlining its objections to the proposed Credit Card Competition Act. ...
Regulatory
Global: FTC Set to Sue Amazon for Antitrust Violations in Upcoming Lawsuit
Reports suggest that the Federal Trade Commission (FTC) is preparing to file a lawsuit against Amazon for alleged antitrust violations in the coming ...