The FSCA said it has received 420 CASP licence applications, of which it approved 248 and declined nine.
While 106 applicants have voluntarily withdrawn their applications after engagements with the FSCA…
The Rules, introduced in 2022 and revised 27 September 2024, will be effective from 30 June 2025. The amendment adds new provisions and removes one, stating the justification for each…
by Jude Ayua
Coinbase has delisted Tether (USDT) and five other stablecoins in Europe, following its final announcement that these stablecoins would be deleted by 13 December 2024. This is because…
Since the passing of the bitcoin law in 2021, the IMF has mounted pressure on El Salvador to review it. In a January 2022 statement, the IMF noted, “Efforts to…
The purpose of the Bill is to align Nigeria’s capital market with current developments and strengthen the Securities and Exchange Commission (SEC)’s regulatory framework for “the regulation of securities, collective…
The Bill aims to diversify the financial assets of the National Treasury, protect international reserves against exchange rate fluctuations and geopolitical risks, foster the use of blockchain technologies in the…
Meanwhile, the United Kingdom government is proposing a regulatory framework for stablecoins by December 2024. On 6 November, the Bank of England (BOE) published a discussion paper which set out…
The FATF travel rule aims to combat money laundering, terrorist financing, and the illicit proliferation of weapons. The Directive shows South Africa’s efforts to exit the FATF greylist, which it…
“This achievement reflects our dedication to providing secure, compliant, and transformative solutions for our customers both in South Africa and across Africa,” remarked Chris Maurice, Yellow Card’s co-founder and CEO.
indings You Should Know.
About the Author: Jude Ayua is a policy analyst at CAB. A lawyer, Jude is an associate at Infusion Lawyers where he is a member of the…