Regulatory
Palestine’s Central Bank Reportedly Mulling a CBDC Launch
The Palestinian Monetary Authority, Palestine’s central bank, is looking into the development of a digital currency, according to a report from Bloomberg. Feras ...
Regulatory
CBN, Huawei Clouds, Five Others Join IXPN Network
The Central Bank of Nigeria, Huawei Clouds, and five other organisations recently joined the Internet Exchange Point of Nigeria (IXPN). Chief Executive Officer ...
Regulatory
Portugal approves two cryptocurrency exchanges
Portugal now has two approved cryptocurrency exchanges, Mind the Coin and Criptoloja. In Portugal, the central bank is responsible for registering entities that ...
Regulatory
Saudi Arabia Grants Digital Banking License to Two Firms
Saudi Arabia granted digital banking licenses to two firms as the use of finance technology spreads in the Middle East. STC Pay, launched ...
Regulatory
Chaka becomes the first startup to receive SEC license for digital stock trading in Nigeria
After months of uncertainty regarding regulations, Chaka has received a license from Nigeria’s Securities and Exchange Commission (SEC) to operate its digital platform ...
Regulatory
Bank of Israel steps up CBDC efforts with reported tests on Ethereum
Israel’s central bank has allegedly completed a pilot under the radar for a central bank digital currency (CBDC) using Ethereum’s technology. The claim ...
Regulatory
Emefiele informs foreign investors Naira exchange rate value is N430-440/$1
The Governor of the Central Bank of Nigeria, Godwin Emefiele has advised investors in the U.K that he expects the true value of ...
Regulatory
Nigeria: Lawmakers Pledge Speedy Passage of NDIC Amendment Bill
The Chairman, House of Representatives Committee on Insurance and Actuarial Matters, Hon. Darlington Nwokocha, has pledged that the committee would facilitate a speedy ...
Regulatory
Bank of Uganda Launches Regulatory Sandbox Framework — One Fintech Firm Already Approved
The Bank of Uganda (BOU) has announced the launch of a regulatory sandbox that will allow fintech start-ups to test their innovative financial ...
Regulatory
Bank of Israel Tests a Digital Shekel
The Bank of Israel has already carried out a pilot test on a central bank digital currency (CBDC), Deputy Governor Andrew Abir revealed. ...