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UK Finance Watchdog Adds More Blockchain Startups to Regulatory Sandbox - Latest News
Is Hong Kong Ready for a FinTech Revolution?
As well as encouraging Hong Kong’s financial institutions to invest more money in FinTech R&D and develop their ties with startups ... whose focus includes cybersecurity and blockchain.” Professor Chan adds that the government would like to see ... read more
Banking will stay, but what about banks?
New York, London, Dubai, Hong Kong will no more ... sandbox idea is being opened up for public consultation. Abu Dhabi’s Financial Services Regulatory Authority (FSRA) also released a consultation paper specifically targeting robo-advisors and blockchain ... read more
â€˜The clock is ticking for Pakistanâ€™s legacy banks,â€™ Chris Skinner, global fintech expert
Regulators are also working with startups, which is what the regulatory sandboxes are all about. Set up by regulators, such as the Financial Conduct Authority in the UK, the regulatory sandbox is a ... banks are more innovative and embracing the digital ... read more
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Internet Freedom Manifesto by Keyboard Frontline
Application of blockchain technology would be used not only to make the transactions secure but also transparent. This would also be used in many other aspects, for example, legal services. Note 19: To facilitate start-up ... regulatory-sandbox.pdf. UK ... read more
UK Election Results And Brexit: What Do They Mean For Cryptocurrency Value?
"The financial ... smexit,” the startup’s CMO Grant Blaisdell told IBT over Skype. “It’s only going to add fuel to it. Any time there is instability it’s going to add more fuel and more reasons to back this [blockchain] ecosystem.” read more
Financial services technology: Sandbox can serve as a platform to test new tech like blockchain
With over 12,000 fintech startups attracting over $19 billion in investment globally, the financial services technology sector is witnessing a wave of ‘new age innovators’ who are redefining the contours of business operations. read more
FINTECH BRIEFING: UK to extend 'fintech bridges' — Innovate Finance Global Summit — US Alt lending reaches £25 billion
Institutional investors dominate as a funding source for the US alt finance market. For the UK market it's retail investors. Alt lending will scale in the UK as it attracts more ... and Startups, Singapore, hope to try to shape international blockchain ... read more
UK watchdog fines Merrill Lynch 34.5 mln pounds for reporting failure
LONDON, Oct 23 (Reuters) - Britain's financial watchdog has fined Bank of America's Merrill Lynch ... Lynch said it was wholly committed to complying with all applicable regulatory requirements. "When we discovered that certain trades had not been fully ... read more
Bahrain issues new rules to encourage fintech growth
Bahrain has announced new regulations to create a regulatory sandbox that will allow startups and fintech firms to test and ... Gulf and strengthens Bahrain’s position as a fintech and financial services hub in the GCC. The framework provides a virtual ... read more
UK watchdog warns consumers on cryptocurrency fundraisings
Start-ups aiming to raise funds through the issuance of new digital currencies, via so-called initial coin offerings (ICOs), welcomed on Tuesday a warning on the "very high risk" of such investments from Britain's financial watchdog. The Financial Conduct ... read more