Regulatory
DeFi will provide good regulatory test for SEC, says Commissioner Peirce
Hester Peirce, the commissioner for the U.S. Securities and Exchange Commission known by the nickname “Crypto Mom,” welcomes the challenge of regulating decentralized ...
Regulatory
BaFin warns about identity fraud
Germany-based regulator BaFin has issued an official warning regarding the reported identity fraud licenced investment firm Wellington Management Europe. Bundesanstalt für Finanzdienstleistungsaufsichtis (BaFin) issued a warning that the ...
Regulatory
Brazil’s Bolsonaro to sign central bank autonomy bill
Brazil’s president Jair Bolsonaro will this week sign into law the legislation recently approved by Congress that grants full autonomy to the country’s ...
Regulatory
Understanding the CBN regulation on Open banking
With the recent release of the regulatory framework for Open Banking in Nigeria by the Central Bank of Nigeria, the successful implementation is ...
Regulatory
Money laundering rules in Hong Kong are about to get stricter
A Hong Kong regulator is about to make the region’s money laundering rules even stricter to prevent illicit funds from flowing out of ...
Regulatory
U.S. securities regulator suspends trading in three more ‘meme stocks’
The U.S. Securities and Exchange Commission this week suspended trading in more securities that have seen jumps in both prices and trading volumes ...
Regulatory
US SEC Commissioner Demands Clear Cryptocurrency Regulations
Hester Peirce, a Commissioner at the US Securities and Exchange Commission, mentioned the urgent need for clear cryptocurrency regulations amid the adoption of ...
Regulatory
More than 90% of UK’s financial firms still rely on legacy tech, says FCA
The Financial Conduct Authority (FCA) has published a report showing 92% of the UK’s financial services (FS) firms still rely on legacy technology. ...
Regulatory
Singapore’s central bank reviews BNPL regulation over debt fears
The Monetary Authority of Singapore (MAS), the country’s central bank, is reportedly “reviewing” its “regulatory approach” to buy now, pay later (BNPL) firms. ...
Regulatory
Huawei to acquire Xunlian Zhipay for its payments licence
Huawei is in talks to acquire Xunlian Zhipay, a licensed payments institution. The deal is yet to be officially announced, and is still ...