Financial Services

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Ugandan central bank U-turns on crypto welcoming firms to regulatory sandbox

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The bank advised the Blockchain Association of Uganda (BAU) to sharpen up its knowledge of the sandbox regulations, inviting its members along to further technical discussions. Go to Source Powered by WPeMatico

Uganda Central Bank Says It Is Open to Crypto Firms Participating in Regulatory Sandbox

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The Bank of Uganda (BOU) has hinted that it is open to the idea of crypto firms participating in the regulatory sandbox. The central bank’s position follows its deliberations with a team from the Blockchain Association of Uganda (BAU). BAU Members Asked to Acquaint Themselves Sandbox Regulations The Ugandan central bank has said following talks … Read more

Swinburne Uni brings Web3 firms to class

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The industry will be able to “tap into future talent” as the partnership sees Judo Bank and Web3 firm Banxa and co-creating content, hosting lectures, providing case studies and even giving students access to their networks. Go to Source Powered by WPeMatico

Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added

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The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for topping up airtime. The addition of the unstructured supplementary service data (USSD) functionality to the wallet app means people without bank accounts will be able … Read more

Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper

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The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear the regulator’s stance regarding the anonymity of defi transactions. Paper Not Guidance for Financial Institutions The FSRA, a regulatory arm of … Read more