Regulatory
Nigerian Banks non-performing loan ratio blows past CBN regulatory limits
The non-performing loan ratios for Nigerian banks worsened in 2020, blowing past the regulatory limits of 5% to close at 6% at the ...
Regulatory
SEC publishes new CrowdFunding Regulations limiting investment to 10% of income
The Securities and Exchange Commission, SEC, has issued updated guidelines and rules governing the operation of CrowdFunding activities in Nigeria. This follows an ...
Regulatory
U.S. regulator’s approval of stablecoin payments provides regulatory building block, compliance challenge
A new interpretive letter from the Office of the Comptroller of the Currency allowing the use of stablecoin cryptocurrency for bank payments opens ...
Regulatory
Regulators are sharpening their focus on bitcoin
Regulators are sharpening their focus on bitcoin and its use in the international financial system after the value of the digital currency raced ...
Regulatory
Ant Group Overhauling Operations To Satisfy Chinese Regulators
After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with ...
Regulatory
ECB Chief Christine Lagarde Calls for Global Bitcoin Regulation — Says BTC Conducts ‘Funny Business
The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is ...
Regulatory
CBN unveils framework for regulatory sandbox operations
The Central Bank of Nigeria has taken proactive steps towards ensuring more flexible ways of engaging with operators in the payment solutions/fintech space, ...
Regulatory
US regulator asks Tesla to recall 158,000 cars over safety-related defect
US regulators asked Tesla early in this week to recall 158,000 cars in the United States because of a safety-related defect. The National ...
Regulatory
Japan’s top securities regulator says XRP is not a security
Japan’s Financial Services Agency (FSA), the country’s securities regulator, has confirmed to The Block that it views XRP as a cryptocurrency and not ...
Regulatory
Regulating FinTech – Lessons from Hong kong
Rigorous application of regulatory principles without stifling true innovations should form the solid bedrock of a sound FinTech policy. Regulation is often seen ...
