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...
Recently, the central government of India announced that it will be setting up a proper committee for the Fintech sector. The committee will be headed by Subhash Chandra Garg, Secretary of Department of Economic Affairs. The aim of the committee will help the Fintech sector establish their business in...
Senjo Group, Singapore based Fintech group, is in search for a joint investment opportunities in the region. In order to amass assets in a diversified portfolio of Fintech firm, the group is keen to provide exit route to the Venture Capital (VC) firms who want to opt out of...
It is not the Fintech firms rather Tech giants that is threat to banks: WEF (World economic forum) has made a startling revelation whereby the tech giants such as Facebook and Amazon are bigger threat to the banks than Fintech newbies. This revelation is backed by the WEF’s assessment that...
5 Benefits of the UK Government and Australia Fintech Agreement: Every passing year the Fintech industry seems to expand more around the world. In fact, the world is moving more towards that industry and there is nothing anyone can do to check that. The UK and Australia have not been...
Italy Makes a Big Fintech Statement: The Fintech market in Italy keeps growing with over four hundred and twenty-five thousand customers and about €253 million in investment capacity. Outside Italy, the Fintech industry is growing ever faster. The country’s government knows this and has taken steps to ensure that...
The UK and It's Fintech Foray : The world is gradually coming to terms with the crypto market and the role Fintech will have to play in regulation of that market. Fintech companies have not received the warmest of welcome in the UK but that may be as a...
Various measures to uplift financial technology in the finance sector: UK launched the cryptocurrency task force as a part of its larger financial technology strategy. Further highlights of the day included the signing off an agreement to facilitate the UK Fintech firms to sell their products and services in Australia...
