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Fintech News
EU banking authorities present a plan of FinTech regulations
The European Union’s banking authorities have proposed a strategy that is projected to improve the regulatory framework for the rapidly evolving FinTech industry, while expressing a reluctant attitude towards cryptocurrencies.…
What role should governments play in the growth of the FinTech industry?
The answer to this question varies from country to country. For instance, in some places, companies are freed from extensive and burdensome regulations, and given the opportunity to foster innovation…
The regulatory sandbox from the Lithuanian financial regulator
The Central Bank of Lithuania is now giving guidance and supervision to fintech start-ups and other businesses active in the field that are looking for an opportunity to test innovative…
FinHub: The New Strategic Platform for Innovation Introduced by the US Securities and Exchange Commission (SEC)
Last week SEC announced the readiness to fully launch FinHub, the agency’s development that is projected to fuel innovation. The tool is implemented in order to facilitate the engagement of…
Can General Data Protection Regulation strengthen blockchain within the EU?
Just recently the European Parliament has passed a resolution on ‘Distributed ledger technologies and blockchains’, which was introduced by a Greek member and chair of the European Parliament’s Science and…
Financial Innovation and the Issue of Regulation
In the last ten years we have witnessed the quick rise of the fintech segment in spheres where it was previously absent. Fintech is not a recent phenomenon, instead it…