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Fintech Regulations

Indian Fintech Sector Will Need Administrative Help To Prosper

The conventional monetary dealings have internationally experienced a major change that has been realized by technology and advancement. In 2015, in excess of 12,000 new businesses grew in the Fintech space over the world with an enormous assumption of USD 19 billion. By definition,...

Hong Kong’s Recent Budget Favors Move Towards Fintech Industries

The government after economic analysis expects a growth of about 3.8% in the country's GDP. Innovation and comprehensive technology advancement have been planned for, and the country has earmarked more than HK$ 50 billion ($6.4 billion) as stated by Paul Chan the country's...

Nasdaq seeking justice against IEX on a possible tech rip off

It seems we are up for another tumble between two giants in the financial industry. A patent infringement lawsuit was placed against IEX by NASDAQ thus essentially prolonging the struggle between the two entities. In total, there seems to be seven patents presented in the...

FSC wants Taiwan to be a leading hub of Fintech firms in Asia

Viewing the changing landscape of the financial world, the Taiwan’s regulatory and other government agencies are intending to take the leap in this technology by launching a dedicated agency, providing various funding schemes and collaborating with the market participants. In February 2015, the FSC (Financial...

SEC ordered the New York Stock Exchange to pay $14 million fine

The Securities and Exchange Commission is dead serious to punish the agencies that cause disruption to market events. Recently, SEC ordered the New York Stock Exchange to pay $14 million fine for multiple breakdowns and regulatory violations. The SEC move came after they conducted five separate...

EBA chairperson Andrea Enria said instead of regulation a “nuance approach” is the better way to deal with cryptocurrency

The head of the European Banking Authority has no intention at the moment to regulate cryptocurrency. EBA chairperson Andrea Enria said instead of regulation a "nuance approach" is the better way to deal with cryptocurrency concerns. In a recent speech, Enria said instead of regulation,  cryptocurrencies...
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