Global
Global: US Court Gives Elon Musk 22 Days Ultimatum to Close Twitter Deal
After the richest man in the world reversed his decision to cancel the acquisition transaction, Delaware’s Court of Chancery has set a deadline ...
Namibia
Namibia: Virtual Assets ‘Remain Without Legal Tender Status’ but Merchants Can Still Accept Them as Payment
The Bank of Namibia recently said it has brought virtual assets and virtual asset service providers under its fintech innovations regulatory framework, and ...
Ethopia
Ethiopia approves roll out of M-Pesa
Ethiopia has okayed Safaricom to introduce its popular mobile money service, M-Pesa, in the market of over 110 million people. The announcement was ...
Global
Global: Bank of England official says $1 trillion in pension fund investments could’ve been wiped out without intervention
A top Bank of England official confirmed for the first time that worries that a popular pension fund investment would collapse prompted the ...
Global
Global: Final Draft of EU Crypto Law Caps Stablecoin Transactions
The final text of the Markets in Crypto Assets (MiCA) law creating a broad legal framework for digital assets including cryptocurrencies and stablecoins ...
Kenya
Kenya: CBK sued for billions after forcing sale of bank at Sh1
Former owners of Fidelity Bank are seeking Sh2.5 billion from the Central Bank of Kenya (CBK) and Mauritian bank group SBM Holdings amid ...
Nigeria
Nigeria: NITDA Warns of Unverified Instant Loan Platforms
The National Information Technology Development Agency (NITDA) has raised concerns over the need for the general public to beware of unverified instant loan ...
Nigeria
Nigeria: Reps panel mulls merger of NITDA, NCC, Nigcomsat, others
The committee says the merger plan is aimed at ensuring they provide effective services to Nigerians. An ad-hoc committee of the House of ...
Global
Global: Top US Regulators Urge Congress to Pass Legislation on Crypto Assets
U.S. Financial Stability Oversight Council’s Recommendations The U.S. Financial Stability Oversight Council (FSOC) published its “Report on Digital Asset Financial Stability Risks and ...
Global
Global: US SEC Fines Kim Kardashian $1.26m Over Crypto Advert
The United States Securities and Exchange Commission (SEC) has fined reality TV Star, Kim Kardashian “$1.26 million in penalties, disgorgement, and interest, and ...