Category: Regulation
For many FinTechs, particularly those operating in cutting-edge spaces like blockchain and cryptocurrency, regulation has often been seen as a dirty word; something that can only shackle innovation. But …
Illinois FinTechs may soon have a new opportunity to provide safekeeping of digital assets such as cryptocurrencies, in a move that would make the state only the second in …
International trade and commerce are a major piece of the payments industry, with volume only increasing year over year as digital options further connect the globe – and yet, …
In late October, the Consumer Finance Protection Bureau (CFPB) put out a call for comment on the Dodd-Frank Act Section 1033, looking for input to drive clarifying rulemaking on …
Corporate Cash Holdings Soar, Says New Carfang Group Study Corporations in the U.S. added $1.1 trillion or 38.5% to their cash holdings in the first half of 2020 according …
In January 2020, Illinois joined 10 other states in the country (along with the District of Colombia) by legalizing recreational marijuana. While this has presented an immediate business opportunity …
The Intercontinental Exchange (ICE) launched its physically-settled bitcoin futures trading platform, Bakkt, on September 23. The Chicago Mercantile Exchange (CME) has been doing futures trading in bitcoin for even …
Are Initial Coin offerings (ICOs) legal? It’s hard to know, with a number of vague hints – and enforcement actions – suggesting that the SEC largely views the answer …
Expect state government agencies and legislators to move most quickly on providing regulatory clarity on FinTech regulation in the United States. U.S. federal regulatory agencies have initiated enforcement actions …
Regulators worldwide, but especially in the United Kingdom and Singapore, are starting to see themselves as FinTech change agents: they are working to define new regulatory regimes to fit …