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Fintech Regulations

Cryptocurrency regulations investors should know Governments have been trying to regulate Bitcoin and almost all other cryptocurrencies for a while now. Although some countries like Japan have welcomed cryptocurrency into their economy, most countries are reluctant about it. As a matter of fact, the regulations imposed in certain countries in...
Leading derivatives regulator Mr Giancarlo said: “I personally think that cryptocurrencies are here to stay. “I think there is a future for them.” He however is sceptical the currency will ever achieve its ultimate goal of becoming the world’s leading currency. CRYPTOCURRENCIES like bitcoin are here to stay, claims Commodity Futures Trading...
A recent research has established that, despite the common belief that digital currencies operate generally outside the realm of government regulations, regulatory actions still have a great influence on crypto prices. The research was conducted by the Bank for International Settlements (BIS), a financial institution comprising of 60 world...
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...