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Regulation

Incoming EU and UK laws up the stakes for anti-competitive US big tech
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2 February, 2024

Incoming EU and UK laws up the stakes for anti-competitive US big tech

The days of U.S. tech bullying the ‘little guys’ around the globe may be numbered, at least in the EU...
Nigeria’s VASP licensing fees are ‘economically unrealistic,’ stakeholders say
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2 February, 2024

Nigeria’s VASP licensing fees are ‘economically unrealistic,’ stakeholders say

Nigeria’s SEC published licensing guidelines for VASPs in 2022 requiring N500 million ($525,000) paid-up capital, which stakeholders say is unrealistic...
South Africa shortlists 50 applicants for VASP licensing
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31 January, 2024

South Africa shortlists 50 applicants for VASP licensing

While over 100 companies applied for the license, the FSCA only forwarded 50 companies to the licensing committee, with some...
CFTC seeks feedback on AI use in compliance, warns against utilization of AI trading bots
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31 January, 2024

CFTC seeks feedback on AI use in compliance, warns against utilization of AI trading bots

The CFTC's call for comment on AI risks and how regulated entities might use the tech in their compliance efforts...
FSB published work program for 2024—digital currency oversight front and center
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31 January, 2024

FSB published work program for 2024—digital currency oversight front and center

The Financial Stability Board has released its 2024 work program and plans to take a closer look at tokenization, including...
UAE sets up council to trigger AI development, innovation
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30 January, 2024

UAE sets up council to trigger AI development, innovation

The United Arab Emirates is catching up with technological advancements in the United States, China, and Europe, setting up an...
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