In 2018, the GSMA introduced the groundbreaking Mobile Money Regulatory Index. Up until 2021, this index featured 28 indicators organised into six dimensions, each meticulously scored using a combination of qualitative and quantitative metrics. The GSMA has recently revamped the Index to capture the rapidly evolving mobile money industry and the corresponding policy and regulatory frameworks. The updated MMRI not only reflects these dynamic changes in the actual texts of the regulatory framework but also considers operational aspects.