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Kenya plans to introduce the VASP Bill to regulate cryptocurrency, requiring licensing for virtual asset providers. The legislation emphasizes compliance with AML and CFT standards, consumer protection, and strong cybersecurity. …
Kenya Moves to Regulate Digital Assets with New Cryptocurrency Bill Read More
Brazil is debating the proposal to adopt Bitcoin as a strategic reserve asset. Central Bank Director Nilton David opposes this idea, while lawmaker Eros Biondini supports allocating up to 5% …
Brazil’s Controversial Debate on Bitcoin as a Strategic Reserve Asset Read More
Ghanaian President John Mahama has endorsed Solana as a crucial component for fintech growth in Africa, emphasizing its role in enhancing financial inclusion. In his address at the African Prosperity …
Ghana President John Mahama Endorses Solana for Africa’s Fintech Future Read More
Brazil plans to reconsider requiring fintechs to report transaction data due to money laundering concerns, as expressed by Robinson Barreirinhas at a Senate hearing. Previous rules mandated reporting using the …
Brazil Aims to Revisit Fintech Reporting Regulations Following Money Laundering Alerts Read More
Brazil is reconsidering reporting regulations for fintech companies due to money laundering concerns. The head of the tax revenue service highlighted that lesser-known payment institutions may facilitate illicit transactions. Plans …
Brazil Reassesses Fintech Reporting Regulations Amid Money Laundering Concerns Read More