Global
Global: PayPal Temporarily Pauses Cryptocurrency Sales in the UK to Meet Regulatory Changes
PayPal is set to temporarily suspend cryptocurrency sales for its customers in the UK, starting from October. This move is aimed at ensuring ...
Global
Global: UK Payment Systems Regulator Proposes £415,000 Cap for APP Fraud Reimbursement Claims
The Payment Systems Regulator (PSR) in the UK is considering implementing a maximum reimbursement cap of £415,000 for victims of authorised push payment ...
Kenya
Kenya’s central bank allots licence to 12 new digital loan providers
The Central Bank of Kenya (CBK) has granted licenses to 12 new digital lenders, expanding the count of licensed digital credit providers in ...
Global
Global: DOJ Launches Inquiry into Visa’s Tokenization Practices
The Department of Justice (DOJ) is reportedly conducting an investigation into Visa’s tokenization practices, as part of an ongoing examination, as indicated by ...
Regulatory
SA: SIU Seeks Appeal in Telkom Case After High Court Ruling
The Special Investigating Unit (SIU) is preparing to apply for leave to appeal a recent High Court verdict that invalidated its authorization to ...
Global
Global: Singapore Introduces Regulatory Framework for Single-Currency Stablecoins
Singapore’s central bank has unveiled a regulatory framework aimed at enhancing the stability of single-currency stablecoins. The framework will be applicable to non-bank ...
Global
Global: China’s Central Bank Surprises with Rate Cut to Boost Struggling Economy
China’s central bank has taken an unexpected step by cutting key policy rates for the second time in three months, signaling an intensified ...
Global
Global: Biden Administration Urges Supreme Court to Review Social Media Content Laws
The Biden administration has called upon the U.S. Supreme Court to examine the legality of social media laws in Texas and Florida, which ...
Global
Global: Binance Seeks Protective Order Against SEC, Citing Regulatory Overreach
Cryptocurrency exchange Binance has taken legal action by filing for a protective court order against the U.S. Securities and Exchange Commission (SEC), claiming ...
Nigeria
Nigeria: CBN Implements Measures to Counter Naira Decline, Restricts Diaspora Remittances
In response to the recent depreciation of the naira in the parallel market, the Central Bank of Nigeria (CBN) has introduced foreign exchange ...