Nigeria’s Central Bank could hamstring local fintech startups with costly new regulation

New regulation requirements by the Central Bank of Nigeria (CBN) could make it difficult for some fintech companies to operate.

In a draft policy document, CBN recognized products by fintech companies are “gaining acceptance” but argued their emergence would heighten existing risks in the financial system.

Read More… Source: qz

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2018-12-29T14:51:18+05:30November 20th, 2018|Categories: FIAKS daily, Fintech & Technology, Regtech, Regulator|Tags: |0 Comments

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