FinTech

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Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), stated that Egypt holds significant potential to develop its arbitration framework, particularly as the authority expands FinTech use in non-banking financial activities under Law No. 5 of 2022. He made the remarks at the Egyptian Arbitration Day conference. Azzam stressed the need for coordination among regulatory, legislative, and legal bodies to entrench arbitration as a key mechanism for investment disputes.

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Crypto infrastructure provider Zerohash filed an application on March 4, 2026, for a national trust bank charter from the Office of the Comptroller of the Currency (OCC), mirroring Morgan Stanley's February filing for its Morgan Stanley Digital Trust subsidiary. The move bolsters partnerships for institutional crypto services amid a surge in similar applications from crypto firms.

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