Regulatory
Global: U.S. Bank Chosen to Safeguard Reserves Backing Anchorage Digital’s Payment Stablecoins
U.S. Bank has been appointed as the official custodian for the reserves backing Anchorage Digital Bank’s payment stablecoins — a move that marks ...
Regulatory
Global: BSP, DTI Urge More LGUs in Pangasinan to Adopt Cashless Payment Systems
The Bangko Sentral ng Pilipinas (BSP) and the Department of Trade and Industry (DTI) are calling on local government units (LGUs) and small ...
Regulatory
Global: Bank of England Warns of Potential AI Market Bubble
The Bank of England (BoE) has cautioned investors about the growing risk of a sharp correction in UK equity markets, warning that valuations ...
Kenya
Kenya’s Landmark Crypto Bill Awaits Presidential Assent to Become Law
Kenya is set to make regulatory history with the passage of the Virtual Asset Service Providers (VASP) Bill, 2025, which has successfully scaled ...
Nigeria
Nigeria: FRC Reaffirms Accountants’ Role in Building National Trust and Advancing Public Finance Reforms
The Chief Executive Officer of the Financial Reporting Council (FRC) of Nigeria, Rabiu Olowo, has underscored that Nigeria’s ambition for lasting economic transformation ...
Nigeria
Nigeria: Recapitalisation to Strengthen Pension Fund Stability and Safeguard Contributors’ Assets – PenCom DG
The National Pension Commission (PenCom) has reaffirmed that its ongoing recapitalisation exercise for licensed pension fund operators is a strategic move to reinforce ...
Nigeria
Nigeria: CBN Slaps ₦20 Million Fine on PoS Operators for Unapproved Ownership Transfers
The Central Bank of Nigeria (CBN) has introduced a new set of penalties targeting Point-of-Sale (PoS) and agent banking operators, imposing fines of ...
Nigeria
Nigeria: CBN Reaffirms Commitment to Price and Monetary Stability — Cardoso
The Central Bank of Nigeria (CBN) has reiterated its commitment to restoring price and monetary stability through the sustained implementation of policy reforms ...
Nigeria
Nigeria: CBN will restrict POS agents to work with only one principal from April 2026
The Central Bank of Nigeria (CBN) has announced that, effective April 1, 2026, all Point-of-Sale (POS) agents across the country will be restricted ...
Nigeria
Nigeria: CBN Enforces Stricter Sanctions on Illegal Agent Banking, Introduces N5 Million Minimum Fine
The Central Bank of Nigeria (CBN) has issued a stern warning to financial institutions and operators within the agent banking sector, announcing new ...
