Regulatory
Singapore and France Set To Trial Global Transactions Through CBDCs
Central banks of Singapore and France are developing a digital coin interoperability system that will support various global CBDCs. The Financial authorities of ...
Africa
West Africa: Factoring Offers an Alternative to Financing for SMEs – Central Bank of West African States
Factoring, which is a financial management technique allowing a company to liquidate its receivables and recover cash, can be an alternative and complementary ...
Global
FCA to Spend $15M Warning of Crypto Risks
The Financial Conduct Authority (FCA) will launch a marketing campaign warning young people about the risks of investing in cryptocurrencies. The U.K.’s financial ...
Global
US:Fed Chair Jerome Powell says cryptocurrencies and stablecoins won’t be needed once the US has a digital currency
Federal Reserve Chairman Jerome Powell on Wednesday challenged the need for cryptocurrencies if it were to issue its own central bank digital currency. ...
Global
India bans Mastercard from adding new customers
Reserve Bank of India has indefinitely barred Mastercard from issuing new debit, credit or prepaid cards to customers in the South Asian market ...
Mozambique
Bank of Mozambique Fines Standard Bank for Fraudulent Practices
Maputo — Following an on-site inspection, the Bank of Mozambique on Monday fined one of the country’s largest commercial banks, Standard Bank, 290.1 ...
Regulatory
SEC Charges 3 Individuals for Alleged Long Blockchain Insider Trading Scheme
The U.S. SEC charged three individuals that allegedly conducted insider trading related to the Long Blockchain company back in 2017. One of the ...
Regulatory
UAE plans to introduce digital currency
The Central Bank of the UAE has announced aims to introduce digital currency as part of its 2023-2026 strategy, as state news agency WAM reports. ...
Regulatory
CBN Advocates Private Sector Funding to Tackle 22m Housing Deficit
The Central Bank of Nigeria (CBN) has stressed the need for the mobilisation of private sector funding to redress the country’s 22 million ...
Regulatory
Bitcoin Swings as EU Plans Rules for Crypto Transfer Transparency
The largest digital asset, Bitcoin, the price stays below $34,000 as the European Union plans new rules for cryptocurrencies transfer transparency. The Crypto ...
