#regulatory approval

The National Biosafety Management Agency (NBMA) has destroyed 950 kilograms of genetically modified cotton seeds that were introduced into Nigeria without regulatory approval. The agency characterized the situation as a compliance breach rather than a safety incident.

Yellow Card has obtained Swiss regulatory approval to operate through a supervised financial intermediary in Lugano, enabling banks, financial institutions, and large businesses to access its payment network across Africa and other emerging markets. This development establishes a Swiss base for institutional clients to utilize Yellow Card's stablecoin infrastructure.

Yellow Card has received regulatory approval in Switzerland, allowing it to expand its global stablecoin network. This approval follows the company's decision seven months prior to discontinue its retail trading business in favor of enhancing its business-to-business infrastructure operations.