Global
N26 Digital Bank fined €4.25 million over AML failings
German digital bank N26 has been fined €4.25 million by BaFin over lax money laundering controls. N26 has been facing heightened scrutiny from ...
Global
Switzerland’s Financial Regulator Approves First Ever Crypto Fund
Switzerland’s financial watchdog Financial Market Supervisory Authority (FINMA) on Wednesday approved the country’s first-ever dedicated crypto fund. The new crypto fund would be called the ...
Regulatory
Zimbabwe: RBZ Orders Banks to Freeze Foreign Currency Dealers’ Accounts
The Reserve Bank of Zimbabwe (RBZ) has ordered banks and other financial services providers to immediately freeze accounts belonging to 30 nationals who ...
Regulatory
Zimbabwe: Telecom Companies Get the Nod to Increase Voice, Data and SMS Tariffs
The Postal and Telecommunication Regulatory Authority of Zimbabwe (Potraz), has granted telecom operators the green light to increase out-of-bundle tariffs by an average ...
Global
Eftpos granted government accreditation as private ID exchange operator
Eftpos, an Australia-based payments processor, has become an accredited non-government operator of a digital identity exchange under the federal government’s Trusted Digital Identity ...
Egypt
Egypt’s central bank approves contactless payments through mobile phones
Egypt’s central bank has approved the granting of licences to allow merchants to accept contactless payments from their customers’ mobile phones. It did ...
Regulatory
SA Competition Commission Approves Afrihost, Cool Ideas Merger
South Africa’s Competition Commission, the country’s business practice watchdog, has unconditionally approved the merger of ISPs: Afrihost, and Cool Ideas. In June, Afrihost ...
Global
FinCEN Launches Regulatory Process For New Antiquities Regulations
The Financial Crimes Enforcement Network (FinCEN) has issued an Advance Notice of Proposed Rulemaking (ANPRM) to solicit public comment on a range of questions ...
Global
China’s Central Bank ban crypto trading and mining, sending bitcoin tumbling
China’s central bank has declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial ...
Egypt
CENTRAL BANK OF EGYPT SIGNS NEW PROTOCOL TO FACILITATE PAYMENT INSTRUMENTS ISSUANCE
The Central Bank of Egypt (CBE) signed a cooperation protocol with the Financial Regulatory Authority (FRA) to facilitate the issuance of licences and ...
