Global
Fidelity Receives Regulatory Approval to Launch Canada’s First Bitcoin Institutional Solution
Fidelity Clearing Canada ULC has been greenlighted to launch bitcoin custody and trading services for institutions in the country. Canada has its first ...
Global
FCA allows use of temporary ‘synthetic’ LIBOR rates
The Financial Conduct Authority (FCA) has confirmed that it will use a temporary “synthetic” version of the London Interbank Offered Rate (LIBOR) for ...
Global
ECB Calls for Urgent Stablecoin Regulations
The European Central Bank has issued a warning about excessive exuberance in different markets, which includes digital currencies. The ECB is urging regulators not to ...
Nigeria
Nigeria: Cryptocurrency: Kuda reacts to claims of accounts closure
Reacting to recent complaints, Kuda Bank has issued a statement to its customers reiterating its resolve to obey the rules and regulations of the CBN ...
Kenya
Kenya: CBK Takes Baby Steps Towards Launch Of a Digital Currency
Kenya is exploring the possibility of developing and launching a central bank digital currency (CBDC) to settle cross-border payments, as it seeks to ...
Liberia
Central Bank of Liberia to Introduce New L$100 Banknotes in December
The Central Bank of Liberia (CBL) will begin introducing the new Liberian dollar currency starting with the 100 Liberian dollar banknote in the ...
Global
Global: Bank Negara Malaysia Leading Efforts to Regulate Buy Now Pay Later Schemes in 2022
Bank Negara Malaysia (BNM) announced that it is driving inter-agency efforts to enact the Consumer Credit Act in 2022. Datuk Nor Shamsiah Mohd ...
Africa
RBM approves PCL Group Pension Fund to provide Programmed Withdrawal service
The Registrar of Financial Institutions, Reserve Bank of Malawi (RBM) Governor has approved Press Corporation Group Pension Fund to provide programmed withdrawal as ...
Nigeria
Nigeria: NITDA, FCCPC to sanction money lending fintechs for abuse of customers’ data privacy
The National Information Technology Development Agency (NITDA) has entered into a strategic partnership with the Federal Competition and Consumer Protection Commission (FCCPC) to ...
Regulatory
Tanzania: Vodacom Tanzania ordered to pay Revenue Authority Sh3 Billion
The Court of Appeal said Vodacom Tanzania must pay the Tanzania Revenue Authority (TRA) Sh3 billion withholding tax on purchase of a computer ...
