Regulatory
Australia consults industry on more “sustainable” challenger bank license
The Australian Prudential Regulation Authority (APRA) has launched a consultation into the restricted banking licences it issues to challenger banks. Called an “authorised ...
Regulatory
NACHA announces new electronic payments rule in the US
The National Automated Clearing House Association’s (NACHA) has issued a new WEB Debits Rule, with a one-year no-action period for companies working toward ...
Regulatory
Bank of Thailand plans to regulate asset-backed stablecoins this year
The Bank of Thailand, or BoT, is upping its game on the stablecoin front. This week, the institution warned citizens that Thai Baht ...
Regulatory
Thai Central Bank Sets A Precedent By Banning Baht-pegged Stablecoin
The Thai central bank, the Bank of Thailand, has taken the unprecedented step of banning a fiat baht-pegged stablecoin, claiming that it could undermine ...
Regulatory
We are open to Blockchain, But What Problem are You Solving – Governor, CBK
The Governor of the Central Bank of Kenya, Patrick Njoroge, has once again reiterated his position on blockchain and cryptocurrencies saying that they lack ...
Regulatory
NITDA fines Electronic Settlement Limited N5m over claims of data breach
The National Information Technology Development Agency (NITDA) has placed a five million (N5m) fine on Electronic Settlement Limited over personal data breach that occurred at ...
Regulatory
The Bank of Israel inaugurates new Open Finance infrastructure
The Bank of Israel and the Government ICT Authority in the National Digital Ministry have launched an infrastructure which will be at the ...
Regulatory
India drafts e-commerce policy to protect sellers
India will require e-commerce firms to treat sellers equally on their platforms and ensure transparency, according to a draft policy that follows criticism ...
Regulatory
Ofcom to Review UK Net Neutrality Rules Following ISP BT Moan
The UK telecoms regulator, Ofcom, has confirmed that, over the course of the next year, it will begin a review of the existing ...
Regulatory
NDIC to increase deposit insurance fund beyond N2trn
Nigeria Deposit Insurance Corporation (NDIC) has revealed its intention to substantially increase its deposit insurance fund beyond N2 trillion, in order to cope ...
