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There are countries 'clearly guilty' of aiding terrorism, wilfully providing safe havens to terrorists: India

India’s Permanent Representative to the UN Ambassador T. S. Tirumurti said that preventing terrorists from accessing financial resources is crucial to successfully counter the threat of terrorism. ....

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Mauritius Must Not Fall into the 'Mass Surveillance' Trap

This article was originally published in French in L’express.
On 17 May, 2020, The Internet Society, alongside the IGF Mauritius, submitted a response to the call to the government of Mauritius’ call to provide input to the proposed amendments to the ICT ACT for regulating the use and addressing the abuse and misuse of Social Media in Mauritius. If implemented, these amendments will have serious consequences for all Internet users in Mauritius. Other high profile organizations, including AccessNow, Mozilla, and Google also made submissions outlining how the proposal would disproportionately harm Internet security.
Mauritius is known to have a strong and flourishing economy and has always been highly ranked for democracy, economic and political freedom. In the latest Internet freedom report from the Freedom House, Mauritius ranks first in Africa and is considered to be a “free country” with decent scores in political rights and civil liberties. The country might no ....

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State Secrets compromised | The Patriot On Sunday

State Secrets compromised | The Patriot On Sunday
thepatriot.co.bw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepatriot.co.bw Daily Mail and Mail on Sunday newspapers.

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Weighing the Ban on Cryptocurrency Transactions

Oluchi Chibuzor writes on the ban of cryptocurrency transactions in Nigeria’s banking and payment systems
The Central Bank of Nigeria (CBN) recently directed banks and other financial institutions to close any accounts dealing in cryptocurrency or facilitating payment for cryptocurrency exchange, with immediate effect.
It also directed banks to expose any individual and entity running such accounts, warning that failure to adhere to the directives would attract strict sanctions.
The apex bank in the circular, cautioned deposit money banks (DMBs), non-bank financial institutions (NBFIs) and other financial institutions (OFIs) and members of the public on the risk associated with transactions in cryptocurrency. ....

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CBN sticks to unpopular option on digital currency

• Investors offload assets
• Moghalu knocks CBN over ‘knee-jerk’ approach
• Directive good for anti-money laundering war, says Gwadabe
Exchanges and investors in cryptocurrencies have started reviewing their business strategies as the Central Bank of Nigeria (CBN) sticks to its gun, saying its restriction of transaction in the digital assets is in the interest of the country and parties involved.

Nigerian investors across coin exchange platforms are cashing out to hold until they fully understand how the CBN’s directive would affect them, just as the platforms urged them to switch to card deposits as they equally monitor the new regulation.

In an extensive engagement, yesterday, former deputy governor of the apex bank, Prof. Kingsley Moghalu, disagreed with the CBN, saying there are better ways to regulate than adopting a “knee-jerk” approach. Moghalu, who was part of the CBN team that initiated the Bank Verification Num ....

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