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Fintech Regulations

A fight has blown up concerning the future of crypto exchanges, and its impact will greatly reflect how the crypto space evolves. One side of the fight comprises of purists who strongly argue that the crypto exchanges- the on- and off-ramps surrounding the crypto space and traditional banking system-...
With the exit of UK next year, EU is trying to attract the fintech industry. Currently, London is the financial capital of the world. However, once it is separated from EU, it is expected that many companies will be looking for an alternative place for setting up the headquarters....
In the meeting of the House Financial Services Committee, subcommittee on Capital Markets, Securities and Investment, members of the Committee inquired from the experts about the latest technological innovation taking place in the financial world. The meeting titled “Examining the Cryptocurrencies and ICO Markets” was held on 14th March...
Mexico just made a significant effort for an open banking revolution in their country. Recently, the Mexican Congress as approved a   bill to regulate the fintech sector, setting rules for things like cryptocurrencies and crowdfunding, and paving the way for an open banking revolution. The bill which was already approved by...
FCA call for input to incorporate technology in its systems. FCA (Financial Conduct Authority) of UK has taken the initiative to call for input in the use of technology to ensure effective and efficient regulation. In order for the regulated firms to provide accurate, efficient and consistent regulatory reports,...
The Fintech industry in Mexico is growing at a rapid pace. In many of the cases, the banks were forced to take up the solutions and products which were provided by the Fintech industry. Many of the banks feared attempts by hackers to hack the real-time payment systems. As...
The world, in general, has witnessed a surge in the desire for cryptocurrencies. Many countries are already seeking ways to regularize the use of such currencies and Fintech companies have helped to ease the acceptance of the currencies. Bahrain is following suit as it does not want to be...
According to a report by the Bangkok Post on May 13th, a new royal decree was issued for crypto money registrations in Thailand . The hundred-part law issued by the Royal Gazette in the country describes crypto money as "digital assets and digital tokens" and places these assets under the jurisdiction of the Thai Securities Commission (SEC). According...
Morgan Stanley researchers have published a new report and pointed out that central banks around the globe can use government-backed cryptocurrencies when it comes the time to tackle possible economic crises. It is emphasized that central banks can use cryptographic funds especially in the interest field, which explains the benefits of...
It is a well-known fact that a significant number of the cryptocurrency investment schemes are actually fake. That is why regulators in US, as well as Canada, are now launching a widespread crackdown on cryptocurrency investment schemes. According to the North American Securities Administrators Association, only the suspected cryptocurrency...