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…
Although Gensler did not mention his resignation expressly during the speech at PLI, there are signs pointing to it. His reputation of “regulation-by-enforcement” at the US SEC during his tenure…
Despite the SEC’s targeting of leading crypto and Web3 companies, Immutable became the first Web3 gaming company to have been issued a Wells notice. In the announcement, Immutable stated its…
The BoE and the Britain Ministry of Finance are jointly considering the decision to proceed with a state-backed digital pound but not before 2025, following a consultation which raised privacy…
Specifically in respect of bitcoin, Kozack explained, “Ongoing discussions are focused on policies [and] reforms that can … boost productivity and economic governance addressing risks arising from bitcoin. A key…