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Uganda Preparing Law to Regulate Microfinance Institutions
Government is in advanced stages of establishing a law that will pave way for the formation of an autonomous institution that will license, regulate and supervise non-Microfinance Deposit Taking Institutions (MDIs), an official has disclosed.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- microfinance, regulations
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Regulation Should Preserve Benefits of Digital Currency
The International Monetary Fund (IMF) has released a staff paper that examines the risks and use cases of virtual currencies such as bitcoin, recommending a balanced regulatory framework that will not stifle innovation.
- Categories
- Technology
- Tags
- regulations
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Central Bank of Kenya Warns Against Using Bitcoin and Other Unregulated Digital Currencies
As the role of bitcoin and other unregulated digital currencies grows, the Central Bank of Kenya has joined other authorities from around the world to warn that virtual money is insecure and could be used to fund terrorism.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- regulations
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ANALYSIS: Bitcoin vs. M-Pesa: Digital payments innovators battle in Kenya
On 14 December, a high court in Kenya will come to a preliminary decision in a battle between Bitcoin remittance and payments company BitPesa, which is suing Safaricom, the telecom company which operates M-Pesa. Also suing is Lipisha, the payment company that gateways BitPesa and M-Pesa. There's plenty of irony to go round here. Bitcoin and M-Pesa should not be pitted against one another - both are elements of a payments revolution that is happening right now and which will be remembered as one of the great technology success stories of the 21st century.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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‘SEC Ruling on Crowdfunding Both Opportunity and Stumbling Block for Startups’, Expert Says
There has been a lot of talk about SEC’s approval of Title III of the JOBS Act, which allows, for the first time, also non-accredited investors to join equity crowdfunding campaigns.
- Categories
- Technology
- Tags
- crowdfunding, regulations
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Final Rules for Title III, Retail Crowdfunding, to be Announced by SEC this Friday
The Securities and Exchange Commission (SEC) will reveal the final rules regarding Title III of the JOBS Act this Friday, October 30th. The long-awaited regulations will mark the completion of the bi-partisan bill that was signed into law over three years ago.
- Categories
- Technology
- Tags
- crowdfunding, regulations
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Bankers Call for Mobile Money Regulation in Zimbabwe
For all its successes in the mobile money sector, Zimbabwe does not have regulatory frameworks for restitution of users should any of the mobile money platforms collapse, the Bankers Association of Zimbabwe (BAZ) said Tuesday.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- public policy, regulations
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Mobile Money Gets Boost as Central Bank of Nigeria Loosens Restriction on Telcos
With the review of the mobile money guidelines, which allows for the participation of the telecommunication companies, the adoption of this form of banking is expected to get a significant boost.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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