Regulatory
Pakistan: SBP regulations to adversely impact telecom industry
The recently imposed 100 per cent cash margin restriction introduced by the State Bank of Pakistan (SBP) on importing major telecom-related equipment will ...
Global
Global: Belgian financial regulator FSMA to regulate crypto exchange services
Crypto service providers must fulfill seven conditions that include being constituted in the form of a company with a minimum capital of roughly ...
Regulatory
Gibraltar rolls out new virtual asset regulation to combat market abuse
The British overseas territory of Gibraltar introduced a new regulatory package for distributed ledger technology (DLT) service providers. The document elaborates on the ...
Global
Global: Brazil’s Senate approves ‘Bitcoin law’ to regulate cryptocurrencies
Brazil’s Senate has passed the country’s first bill governing cryptocurrencies in a plenary session, which will set the stage for the creation of ...
Global
Global: Meta, Google Agree to UK Ad Rule; Will Twitter Follow?
Google and Facebook owner Meta have both pledged to permit only registered financial firms to advertise promotions on their sites, the head of the U.K. Financial ...
Global
Global: ECB needs ‘globally coordinated regulatory action’ on crypto, says official
European Central Bank executive board member Fabio Panetta said lawmakers across the world must decide how to regulate cryptocurrencies based on potential risks. ...
Regulatory
Senegal: Telecom regulator adjusts fines, sets new terms for 3 operators
In December 2021, Senegal’s telecom regulator imposed a US$35 million fine on three operators because of the poor quality of their services. The ...
Regulatory
Australia’s Financial Regulator Aims to Implement Crypto Regulation by 2025
The Australian Prudential Regulation Authority (APRA) has laid out a policy roadmap for the implementation of regulation for financial entities engaging in activity ...
Global
Cardano Announces Partnership to Integrate On-Chain KYC in Compliance with Regulatory Requirements
Cardano’s commercial arm, EMURGO has unveiled its partnership with Blockpass to onboard on-chain KYC in its regulatory compliance bid. Through this collaboration, Blockpass will add ...
Global
Global: Digital banks showing weaknesses in their financial crime defenses, UK regulator warns
Britain’s online-only challenger banks need to do more to prevent the abuse of their platforms by criminals, regulators have warned. The Financial Conduct ...