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Cryptocurrencies, a form of virtual currency, have become increasingly popular over the past several years and recently surging. Governments worldwide have begun to craft regulation to address this issue and virtual payment mechanisms. One primary issue is whether cryptocurrencies should qualify as legal tender, a recognized method of payment.

The Telecom Regulatory Authority of India (TRAI) issued an amendment to the telecommunication tariff order in February 2018 with an aim to ensure transparency, non-discrimination, and non-predation but it has caused controversy and led to lawsuits against the regulator by mobile operators.

The Indian telecommunications regulator, Telecom Regulatory Authority of India (TRAI), has issued three regulatory amendments which may change the landscape of the telecom industry in the country. Experts and incumbent operators are concerned about TRAI’s expected plan to implement penalizing predatory pricing.

Justice Nnamdi Dimgba of the Federal High Court in Abuja Mid October 2017 ordered the federal government to forfeit all accounts that are not linked to Bank Verification Numbers (BVN). 

Some 19 commercial banks across Nigeria are required to file an affidavit of disclosure of all relevant accounts.